IJJ Corp. Completes Acquisition of Dynamic European Technology Company
CAPITAL HEIGHTS, Md., Aug. 26 /PRNewswire-FirstCall/ -- IJJ Corp. (Pink Sheets: IJJP) is pleased to announce that the Company has acquired V-Clouds, a dynamic European technology company, for 4 million shares of IJJ Corp. (IJJC) restricted shares valued at $.25 per share from Cloud Technologies (Pink Sheets: CLDZ). V-Clouds' main focus is in the Email Management and Security Space. The V-Clouds solution is for small businesses and large enterprises, as well as service providers. Dave Lovatt and Owen Dukes will remain with V-Clouds, with Dave Lovatt remaining on the Board as its President.
As a global provider of Email Management Software, V-Clouds' hosted service and platforms are developed specifically for large IT Service Providers with their own Datacenter infrastructure. Delivering 'Cloud Based' services through a Secured environment as a Service model, V-Cloud allows email to be scanned for spam, viruses, and breaches in corporate compliance policy and monitors and polices Data Leaks within corporate emails. All services are managed through one, easy to administer web portal and are charged on a 'per user, per month' basis making working with Cloud a simple process.
V-Clouds' mission is to deliver true Software as a Service Business Models. Under the IJJC business model V-Clouds will be able to continue its global branding of the Company's Email Management Product. V-Clouds will expand further its established distribution network throughout the world from its offices in both Europe and North America using additional resources provided by IJJC. V-Clouds' vision for email management for the future is the globalization of their solution by the sharing and pooling of data from email in every territory around the world. Some of V-Clouds' partners include Tridex Systems, Propalms, Inc., and Global DL.
"We are excited about the relationship with IJJ Corp. They have the resources as well as the engineering and management staff to help V-Clouds get to the next level," stated David Lovatt, President of V-Clouds, Inc.
"The acquisition of V-Clouds gives us another synergistic product to add to our portfolio. We believe that with V-Clouds' global relationships, we will be able to increase the sales of our solutions worldwide," stated Clifford Pope, CEO of IJJ Corp.