Scottsdale 11/22/2011 3:34:08 AM
News / Finance

Amwest Imaging (AMWI) Inks Joint-venture Agreement with eMarketTeam to Drive Customer Base and Increase Revenues

QualityStocks would like to highlight Amwest Imaging Inc. (OTCBB: AMWI). Amwest Imaging is a technology company whose primary business is providing relationship-building tools and processes that help any business cultivate profitable relationships with customers, all through web based solutions.

In the company’s news Friday,

Amwest Imaging Inc. announced it has signed a marketing and technology joint-venture agreement with eMarketTeam Holdings LLC, a provider of technology and marketing solutions.

The agreement provides Amwest users with a Web-based platform for their existing customer base and the potential for increasing customer growth. Amwest said the deal positions the company to increase its user base and revenues, with annual estimates of $12 million in re-occurring sales.

“We are excited to have this strategic alliance with eMarketTeam as they are an industry leader in marketing solutions. Our goal is to grow our customer base from its existing level, and this partnership will surely go a long way in achieving this goal,” Jason Gerteisen, president of Amwest stated in the press release.

eMarketTeam will provide customer service, technical support, and market insight and support. The company has demonstrated consistent growth and technology leadership in the multi-billion dollar “Do-it-Yourself” (DIY) Web site building industry. eMarketTeam provides Amwest with customer service, technical support and market insight to offer a powerful technology service to several industries.

The companies noted the exponential growth of the DIY Web site market, as it is applicable to nearly every business, organization, sports team, club and community organization in need of a cost efficient Web site.

“With competitors like ‘Webs.com’ with 40 million users, Wix.com with 8.7 million users, Weebly.com with 6 million users, and a multitude of others including GoDaddy.com offering Cloud and non-Cloud solutions, our partnership with eMarketTeam seemed a natural solution to achieving our goals of exponential growth,” Gerteisen stated.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.