ORLANDO, Fla. -- Rocket City Enterprises, Inc. (Pink Sheets: RCTY) announces that the Company has signed a Letter of Intent to acquire PostInk Technology. PostInk Technology, an established company with a customer base of city, state and governmental agencies develops unique technologies that enable
PostInk Technology derived from the 25-years combined law enforcement experience of its founders Russell Chaney and Shane Rapp. PostInk has four unique product lines that serve the police, fire, EMS and hospital industries. The technology programs provide quality software that not only enhance productivity and quality of work, but creates a safer work environment for the Public Safety Community. Within the law enforcement sector, PostInk Technology provides each police officer additional patrol hours each week without increasing the payroll cost associated with additional or overtime hours. PostInk's technologies allow police officers to patrol additional hours without physically working additional hours each week.
With five years of extensive experience and deep expertise developing data center, network and security solutions on a variety of platforms and devices, PostInk excels at comprehensive, mission-critical enterprise systems development. Utilizing a wide range of industry-leading product offerings and strategic partnerships, PostInk has the proven expertise to architect and implement highly secure systems, storage, and network infrastructures. For additional information, please visit www.PostInk.com.
Russell Chaney, CEO of PostInk Technology stated: "This was a very easy and natural decision for us. Having successfully founded and sold a substantial software platform to a major public corporation provided us with an in-depth knowledge of the Rocket City team. We believe we will lend invaluable experience to the Rocket City team on some of their existing core platforms. Rocket City has been very successful in achieving market share overseas and their experience in this area will add tremendous value to our long-term marketing efforts."
Shane Rapp, President & Co-Founder of PostInk Technology stated: "Over the next few months, we will strategically plan and execute a marketing strategy with Rocket City to increase market share for both of our core businesses. PostInk further plans to immediately leverage portions of Rocket City's core technology to enhance our product offering to the Public Safety Sector, to include but not limited to Vehicle Identification Number de-coding, and photo capturing technology."
Jeff Roman, CEO of Rocket City Enterprises stated: "Pending our due diligence process, we feel it is important for the company to look at this purchase as a very strategic one in the fact that PostInk currently works with city, state and governmental agencies and can bring our products to the decision makers of these organizations for implementation and sales. PostInk Technology has developed and now successfully markets products that allow police officers, firemen, EMS and hospital personnel to communicate through a nationwide system. The sharing of information through a centralized database has proven to be effective and life-saving.
"I have stated that we have a number of opportunities which will allow us to accelerate our business plan. PostInk already has $4 million in orders from 56 police agencies and continues to work with various governmental agencies. This is just one of several developments that will allow Rocket City to maximize its growth in 2007 and the years ahead," concluded Mr. Roman.
About Rocket City Enterprises, Inc.:
Rocket City Enterprises, Inc. is a publicly traded company (PINK SHEETS: RCTY) and was formed to acquire, manage, supervise and operate corporations specializing in auction services, eCommerce, software development, technology and retail automotive operations. RocketCity is an online solution provider for a variety of web-based platforms and offers proprietary software, technology, personnel and design solutions to hundreds of automotive dealerships around the country and additional partners throughout the marketplace. Visit them on the web at www.RCAU.com to learn more.
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