HENDERSON, NEVADA--(Marketwire - 06/24/11) - Zamage Digital Art Imaging, Inc. (PINK SHEETS:ZMGD - News) (www.zamagedigitalcorp.com) subsidiary Paraform Design (www.paraformdesign.com), has formed a strategic partnership with one of the largest furniture manufacturing representative on the east coast.
"With this new partnership, we can target specific core markets. By targeting these specific core markets, namely health care, education, government and business, we can quickly respond to our customers' unique needs, deliver our products quickly and continue our growth with unique and comprehensive service," said Paraform Design's President & CEO, Ken Olschewske.
"With an existing client base of over 250 clients which includes some of the most prominent universities, health care, and federal facilities, this partnership can help to catapult sales and revenues. This relationship alone should yield $5-10 million in sales over the next 2-3 years.
Paraform Design, the parent company of Parasign Systems (www.parasignsystems.com), is an award winning, nationally recognized design firm that creates custom branded identity, print, web and signage solutions.
Paraform Design is pleased with this strategic partnership and anticipates updating the investor public on any updates regarding this exciting new opportunity.
In other news, following the merger with Paraform Design, ZMGD management intends to complete a share acquisition and reduce its authorized and outstanding shares to less than 700 million from current 2.8 billion.
More news and updates to follow shortly and frequently.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Zamage Digital Art Imaging, Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Zamage Digital Art Imaging, Inc. cautions you that any forward-looking information provided by or on behalf of Zamage Digital Art Imaging, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Zamage Digital Art Imaging, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Zamage Digital Art Imaging, Inc.'s control. In addition to those discussed in Zamage Digital Art Imaging, Inc.'s press releases, public filings, and statements by Zamage Digital Art Imaging, Inc.'s management, including, but not limited to, Zamage Digital Art Imaging, Inc.'s estimate of the sufficiency of its existing capital resources, Zamage Digital Art Imaging, Inc.'s ability to raise additional capital to fund future operations, Zamage Digital Art Imaging, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Zamage Digital Art Imaging, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Zamage Digital Art Imaging, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Zamage Digital Art Imaging, Inc.
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