ProTek Capital, Inc. (pinksheets:PRPM) is pleased to announce the Company has completed the acquisition of Acute Systems Consulting, LLC., a fast growing "cloud" computing company engaged in the business of providing consulting and installation of virtualization software sales and data hosting.
The acquisition was valued at $300,000 and the purchase price to be paid through the payment of 5,000,000 shares of restricted stock of the Company and 2,000,000 shares of restricted stock of NX Global, INC, valued at $.05 per share. ProTek Capital received the shares when the Company sold its wholly owned subsidiary in a previous transaction. An additional 5,000,000 shares of ProTek Capital restricted stock will be paid to the Seller if Acute Systems meets agreed target goals over the course of the next six (6) months.
Anthony Morales will remain as Director of Acute Systems Consulting, LLC.
"I am excited about the relationship with ProTek Capital and how their strong distribution network and management team can help our company increase its revenue over the next twelve months," stated Anthony Morales, Director of Acute Systems Consulting LLC.
"This potential acquisition of Acute Systems is a key building block as we implement our new corporate strategy," stated Owen Dukes, CEO of ProTek Capital, Inc. "We feel that our team will enable Acute Systems to grow into a solid IT solutions firm with increased revenue within the next twelve to eighteen months."
For more information on Acute Systems Consulting LLC, please visit www.acutesys.com.
For more information on ProTek Capital Inc., please visit, www.protekcapital.com.