Rochester, New York 12/9/2009 5:30:00 AM
News / Business

Cascadia (PKS: CDIV) Acquires 50% of Ring Tone Producer Having Nearly 1Million Tones

Cascadia Investments, Inc. (PINKSHEETS: CDIV) recently publicized that it has acquired a 50-percent interest in MyPersonalRingtone.com, a leading personalized ring-tone producer with close to 1,000,000 ring tones and growing. Cascadia's plans for MyPersonalRingtone.com include expanding sales into mall kiosks while creating a stronger online presence aimed at the international market.

 

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Mr. Maherali, president and CEO of Cascadia Investments, stated, "Through these efforts, we hope to capture a significant piece of the ring-tone market which Juniper Research predicts will top $14 billion worldwide by 2011."  Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, internet and real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development of undervalued real estate and cutting edge internet properties.

 

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