Simlatus Corporation Agrees to Relocate and Work With the ERC
GRASS VALLEY, CA--(Marketwired - Apr 6, 2016) - Grid Petroleum Corp. (
Gary Tilden, CEO, stated, "Our Company has had several onsite meetings with Jon Gregory of the ERC regarding relocating our facilities to their new 'Digital Media Center'. We have agreed to the space requirements and lease details and will finalize the lease agreement in the next few weeks."
In a published article released by the ERC, it stated "The Nevada County Economic Resource Council, also known as the ERC, recently launched an American Digital Media Leadership Campus task force to serve as a hub for emerging and existing companies focused on video technology in the county."
You can read the article at http://www.theunion.com/news/13032755-113/erc-gregory-video-force
While continuing to sell our existing Broadcast products, the new relationship with the ERC allows us to capitalize on our new product designs in the augmented/virtual reality industry.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Gary B. Tilden
Chief Executive Officer
Grid Petroleum Corp.