ATLANTA, July 16 /PRNewswire/ -- Generation Zero Group,
Inc. (the "Company") (OTC Bulletin Board: GNZR) today announced
that it has closed on the previously announced acquisition of the
domain www.Find.com.
The Company also acquired Scientigo, Inc.'s option to purchase
40% of the www.Find.com domain name in connection with the
transaction. The Scientigo option was acquired for stock.
Scientigo, Inc. is a public company that trades under the
symbol (Pink Sheets: SCNG).
Commenting on the announcement, Generation Zero Group, Inc.
Chief Executive Officer Matthew
Krieg commented: "I am thrilled that we have closed
this transaction and we intend to move quickly to make www.Find.com
a valuable property. We perceive Find.com as being a premium
domain with tremendous potential."
About Generation Zero Group, Inc.:
Generation Zero Group, Inc. (www.generationzerogroup.com)
Based in Atlanta, Georgia,
Generation Zero Group, Inc. is focused on having controlling or
significant ownership interests in Premium Domain names,
next-generation Technologies and Businesses with strong growth
potential. The Company intends to use its expertise in
Internet marketing, search engine optimization, and cutting edge
technology to build and expand its business interests in their
respective markets.
This press release may contain forward-looking statements,
including information about management's view of the Company's
future expectations, plans and prospects, within the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995 (the "Act"). In particular, when used in the preceding
discussion, the words "believes," "expects," "intends," "plans,"
"anticipates," or "may," and similar conditional expressions are
intended to identify forward-looking statements within the meaning
of the Act, and are subject to the safe harbor created by the Act.
Any statements made in this news release other than those of
historical fact, about an action, event or development, are
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, which may cause the
results of the Company, and concepts to be materially different
than those expressed or implied in such statements. These risk
factors and others are included from time to time in documents the
Company files with the Securities and Exchange Commission,
including but not limited to, its Form 10-Ks, Form 10-Qs and Form
8-Ks. Other unknown or unpredictable factors also could have
material adverse effects on the Company's future results. The
forward-looking statements included in this press release are made
only as of the date hereof. The Company cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, the Company undertakes no
obligation to update these statements after the date of this
release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are
not paid for by the Company.
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Company & Investor Relations
Contact:
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William Goldstein
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888-214-1710
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SOURCE Generation Zero Group, Inc.
