5000ft., Inc. of Nevada , a Leading Developer of Interactive Gaming Products, Reaches Definitive Terms for Merger with Media Exchange Group, Inc.
LOS GATOS, Calif. –(BUSINESS WIRE)– Rachel Baer , Secretary and Corporate Counsel for Media Exchange Group, Inc. (f/k/a China Wireless Communications, Inc. ) (Pink Sheets:CWLC) announced today the signing of a definitive agreement for the merger of 5000ft. and Media Exchange Group . 5000ft will retain its name as a subsidiary of Media Exchange Group Inc.
We look forward to the diverse management experience, marketing and business development capabilities that Media Exchange Group brings to the table, says Ian Grieve , CEO of 5000ft.
Not only is 5000ft one of the top mobile gaming developers in the sector, from a technology perspective, but they have uniquely positioned themselves strategically with some of the most important players in the industry, says Rachel Baer . Collectively, I feel confident we can become one of the top companies in the global wireless gaming industry.