SCOTTSDALE, AZ--(Marketwired - October 31, 2013) - American Nortel Communications, Inc.: (PINKSHEETS: ARTM), an emerging growth company, today announces the acquisition of newborhood.com.
Newborhood.com is the web's largest social networking site for people undergoing a moving transition. It allows people moving to a new city the opportunity to meet other newcomers and interact with locals to discover information about neighborhoods, apartments, local restaurants, utilities, and the thousands of other newcomer related questions. Newborhood.com has assisted more than 30,000 people throughout their move by helping reduce the stress surrounding the relocation process. Newborhood is currently helping newcomers in 23 different cities within the United States and has plans for upcoming international expansion.
In the United States alone, more than 35 million people move every year. Newborhood has the unique opportunity to provide the critical link between local businesses and this highly sought after newcomer market. Local businesses are aggressively trying to reach the newcomer market, but usually with limited success. The members of Newborhood are at a critical point during their transition where they are actively seeking out these new relationships. Through a cost effective plan, Newborhood has the ability to help foster these relationships between newcomers and local businesses in a mutually beneficial manner that collectively benefits both parties.
A senior member of the Newborhood team is Preston Williams. Mr. Williams is an internet marketing consultant, founder of several internet startups, and has provided leadership for many technologically based businesses. Mr. Williams states that he is extremely excited about changing the outdated moving experience worldwide. Further information can be found at our website at www.newborhood.com.
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This news release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions.
AMERICAN NORTEL COMMUNICATIONS, INC.