Riverdale Capital Acquires Enterprise Domains Inc.
LOS ANGELES, CA--(Marketwire - October 2, 2009) - Riverdale Capital, Ltd. (PINKSHEETS: RICP)
announced today it has acquired Enterprise Domains Inc. ("EDI"), a Los
Angeles based Internet company, for a combination of shares and cash.
Enterprise Domains Inc. is a company specializing in the purchase, holding,
and selling of valuable domain name intellectual property in a quickly
shrinking market of available space. EDI uses its own state of the art
technology to capitalize on this shrinking availability of domain name
intellectual property while maximizing its return on investment by
utilizing media syndication, internet marketing, and technology leasing
EDI is comprised of four unique and distinctive divisions each with their
own revenue generating avenues. The Technology, Media Syndication,
Holding, and Internet marketing divisions make up the core revenue
generating streams for EDI.
EDI currently owns and operates its Launch Press Release ("LPR")
proprietary technology, which is hosted at www.launchpressrelease.com.
This technology allows the divisions to easily manage the efforts of
thousands of EDI domain names simultaneously in a collective effort. This
technology gives us a competitive time sensitive edge over other domain
Riverdale Capital, Ltd. is a company specializing in the acquisition,
development, and sale of software and web based services through revenue
generating internet websites, including www.blogpromotionsoftware.com,
www.seopainter.com, and www.launchpressrelease.com.
This press release contains forward-looking statements that reflect the
Company's current expectation regarding future events. Forward-looking
statements involve risks and uncertainties. Actual events could differ
materially and substantially from those projected herein and depend on a
number of factors. These forward looking statements are subject to known
and unknown risks, uncertainties and other factors that may cause actual
results, performance, or achievements of the Company to be different from
those expressed or implied. Certain statements in this release, and other
written or oral statements made by the Company, including the use of the
words "expect," "anticipate," "estimate," "project," "forecast," "outlook,"
"target," "objective," "plan," "goal," "pursue," "on track," and similar
expressions, are "forward-looking statements" and are subject to known and
unknown risks, uncertainties and other factors that may cause actual
results, performance, or achievements of the company to be different from
those expressed or implied. The Company assumes no obligation and does not
intend to update these forward-looking statements.
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