Thrive
World Wide, Inc. Completes Acquisition of Jarish, Inc.
LAKE GENEVA, WI, Apr 26, 2010 (MARKETWIRE via COMTEX
News Network) --
Thrive World Wide, Inc. (OTCBB: TWWI) announced that
it has completed the acquisition of Jarish, Inc. Thrive
World Wide, Inc. will continue with its current
operations and plans to utilize Jarish's existing
operations and expertise to expand their product
offerings. At present, the Company operates two stores
in southern California.
"We are very pleased to become a part of Thrive World
Wide. The completion of this transaction enables us to
broaden our product offerings and financially support
the accelerated growth of our business as we strive to
become a leader in the online interactive market. We see
this merger as an important milestone in achieving the
goals we have laid out for our company over the next 12
to 24 months and have now begun our next phase of
growth," said Mr. Israel Rivera, Chief Executive Officer
of Jarish, Inc.
Additional information with regard to this
transaction can be found on the Company's Form 8-K filed
with the Securities and Exchange Commission on April 5,
2010.
About Thrive World Wide, Inc.
Thrive Worldwide, Inc. is a Nevada corporation having
offices located at 638 Main St Lake Geneva, WI 53147.
The Company has previously entered into a joint venture
with Cubbit, LLC to market its products. Through this
joint venture Thrive Worldwide, Inc. provides content
owners, creators and distributors with a unique
end-to-end vertical solution. This flexible proprietary
solution has been designed to accommodate content
creation, and distribution to a broad segment of the
market via the Internet.
About Jarish, Inc.
Jarish, Inc. is a San Diego-based digital marketing
agency focused on progressive interactive, mobile and
social media strategies. The company's suite of
interactive media commerce solutions enable local brands
to engage the public and drive revenues with minimal
expenditure. Embracing traditional advertising
techniques and disciplines while remaining on the
cutting edge, Jarish, Inc.'s steadfast vision is to
inspire and help businesses through the innovation of
new digital media.
Forward-Looking Statements: Certain statements
contained herein are "forward-looking" statements (as
defined -- Private Securities Litigation Reform Act of
1995) Thrive World Wide, Inc. cautions that the
statements made in this press release constitute
forward-looking statements, and no guarantees of future
performance and the actual results or developments may
differ materially from the projections in the
forward-looking statements. Forward-looking statements
are based on estimates and opinions of management at the
time the statements are made.
SOURCE: Thrive World Wide, Inc.
Forward Looking Statements:
This press release contains
forward-looking statements that involve substantial
uncertainties and risks. These forward-looking
statements are based upon our current expectations,
estimates and projections about our business and our
industry, and that reflect our beliefs and assumptions
based upon information available to us at the date of
this release. We caution readers that forward-looking
statements are predictions based on our current
expectations about future events. These forward-looking
statements are not guarantees of future performance and
are subject to risks, uncertainties and assumptions that
are difficult to predict. Our actual results,
performance or achievements could differ materially from
those expressed or implied by the forward-looking
statements as a result of a number of factors, including
but not limited to, patent protection for our products
and technologies, market acceptance of our products and
new product applications, product performance, size of
prospective markets, revenues assessments, changes in
economic conditions generally and the medical devices
market specifically, changes in technology, legislative
or regulatory changes that affect us, the sufficiency
and availability of working capital, the introduction of
competing products, changes in our operating strategy or
development plans and the risks and uncertainties
discussed under the heading "Risk Factors" in Item 1 of
our Annual Report on Form 10-K for the fiscal year ended
December 31, 2008. We undertake no obligation to revise
or update any forward-looking statement for any reason.