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TrueVue 360(tm) Expands Into Ride Sharing Technology(ACCESSWIRE (Canada) Via Acquire Media NewsEdge) Category: Baystreet Newswire Company: Accesswire-MRM ID: 420299 Date: Tuesday, September 16, 2014 Ticker: OTC:BB:IOSA CORAL SPRINGS, FL / ACCESSWIRE / September 16, 2014 / TrueVue 360(tm) a subsidiary of Information Systems Associates (OTC: IOSA) is announcing that it plans to acquire a minority stake in Schlep2p International LLC (Schlep). The companies recently executed a term sheet calling for collaboration in a variety of areas including technical, financial and managerial oversight. TrueVue 360(tm) develops, markets, and supports a range of applications focused on asset management of information technology. The proposed deal is to expand its available market by adding a new dimension to its technology portfolio. Schlep is a new venture based in South Florida. It is developing a range of social media applications targeted at promoting commerce, communities and comradeship including a friendship based ride-sharing platform where friends can share rides with nearby friends at the tap of a button on their mobile devices. Recently, ride-sharing companies like Uber and Lyft have been growing exponentially across the country and abroad. "We are in the midst of a social media revolution", said Adrian Goldfarb, TrueVue 360's CEO. "We announced the TrueVue IT software as a service (SaaS) platform to tap into the growing requirement for IT asset management (ITAM) driven by the surge in social media." He went on to say that the Company has been heavily engaged in looking for innovative technology startups to both partner with and invest in. "The next part of the equation is to engage in the actual revolution by taking an equity position in Schlep as we open the door to significant business growth." Rachel Lam, Schlep's founder and CEO stated, "I am very pleased that TrueVue 360 has taken an interest in our company and its concepts, particularly in the realm of friendship collaborative consumption." She commented that companies like Facebook, Twitter and LinkedIn have enabled people to connect with each other like never before. "For the most part, these connections are "superficial" in nature. Now imagine if we can connect with our friends beyond the screen, beyond just sharing words, photos and recipes.What if we can bring them together physically and 'mobilize' them to create something truly powerful?" When asked why a relationship with TrueVue 360 was valuable, she reiterated the importance of building a platform with a solid foundation based upon sharing and synergy. "TrueVue 360's knowledge and experience of the Data Center will be invaluable as we move forward and grow." Schlep is in the final development stages of their platform and will be announcing the first version of their ride-sharing application along with new branding opportunities in the 4thQuarter. The Companies have already begun technical cooperation in advance of signing definitive agreements which is also expected to occur in the 4th Quarter. About TrueVue 360(tm) TrueVue 360(tm) based in Coral Springs, FL, is an early stage technology company engaged in the development of Software as a Service (SaaS) offerings focused on asset management of technology. It is a wholly owned subsidiary of Information Systems Associate Inc. For more information visit our website http://www.truevue360.com CONTACT: Adrian Goldfarb, CEO TrueVue 360, Inc. 561.801.3652 [email protected] SOURCE: TrueVue360(tm) About Information Systems Associates Information Systems Associates, Inc. (OTC: IOSA) based in Stuart, FL, is an established professional services and consulting company engaged through partners to provide services for information technology asset management. Established in 1994, it prides itself on a reputation for expert independent advice and project execution. For more information visit our website http://www.isa-inc.net CONTACT: Stephen Hart Hayden IR 917.658.7878 [email protected] SOURCE: Information Systems Associates About Schlep2p International LLC Schlep2p International LLC is an early stage social media and technology company focusing upon the Sharing or 'peer-to-peer' economy. It is currently developing a mobile application where friends can connect with nearby friends for rides and fun safely and conveniently. For more information visit our website http://www.schlep2p.com CONTACT: David N. Lam, Marketing Director Schlep2p International LLC 754.610.5339 [email protected] SOURCE: Schlep2p International LLP Forward Looking Statements This press release contains forward-looking statements including statements regarding collaboration, purchase of a minority stake in Schlep2p International LLC and expanding TrueVue 360's market reach into social media applications. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" "project" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include TrueVue 360's parent, Information Systems Associates Inc. (ISA), completing a financing to permit it toacquire a minority stake, that the parties will be able to execute a definitive agreement, and the success of TrueVue 360 in collaborating with Schlep2p to penetrate this new market. Further information on ISA’s risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2013. ISA does not undertake any duty nor does it intend to update the results of these forward-looking statements. SOURCE: TrueVue 360(tm) © 1998 - 2014 Baystreet.ca Media Corp. All rights reserved. |