"Swordfish Financial, Inc. and iPoint Television Announces Shareholder Update"
Swordfish Financial Inc. acquires 100% of Dash Media Inc. and iPoint Television develops applications for CB24 network and includes it on its iPoint Global apps
May 28, 2014 --
SOUTHLAKE, Texas, May 28, 2014 /PRNewswire/ -- Swordfish Financial, Inc., a Minnesota Corporation (OTC PC: SWRF) announces it has signed an agreement to acquire 100% of Dash Media, Inc., a Virginia corporation with the express purpose to position Dash Media Inc. as a merged asset combined with Swordfish's asset iPoint Television, LLC. Dash Media property will consist of programming content, Television Studio, Master control and station operations for third party TV stations and Networks.
The founder of Dash media is Mr. John Dash who has over 20 years experience in the TV and Radio Broadcast business. Mr. Dash owns several FCC licenses to broadcast and many of Dash Media productions can be seen on several cable and broadcast outlets. Along with the acquisition of Dash Media, Mr. Dash has agreed to play a major roll in management of iPoint Television and his future roll will be addressed as the board of directors of Swordfish directs.
The combining of both companies add value of equipment, service contracts and management to advance the iPoint brand and diversify it's staffing. Both iPoint and Dash Media hold combined assets which will be inventoried and presented to Swordfish shareholders in the coming weeks.
Dash Media Inc., has become a premier destination for content providers, television channels, and businesses who want to distribute video and audio content to large numbers of viewers. Dash Media Inc. has developed streaming channels and applications across major platforms, including iOS, Android, Roku, Google TV, and Smart TVs.
iPoint Television was contracted to provide iOS, Android, and Roku applications for CB24, a 24-hours a day news television network based out of Costa Rica, Central America.
"We are thrilled to add the broadcast of CB24 to our iPoint Television family," said Mr. Clark Ortiz, CEO of Swordfish Financial, Inc., "This contract enables us to work closely with CB24 and bring them to all of our iPoint Global platforms including iOS, Android, Roku, and Kindle," ended Mr. Ortiz.
CB24, owned by CB24, S.A. in Costa Rica, is a 24-7 news television network broadcasting in Spanish. It is a television network distributed to cable networks throughout Latin America, Europe and the United States. It is the first and only Central American news network that produces from Central America to the world. CB24 has satellite services and correspondents in each of the Central American countries that allows it to bring its vast audience quality news and information about politics, economy, sports, entertainment, and latest events. For more information visit www.CB24.tv.
About iPoint Television
iPoint TV is a Smart media & entertainment company, which holds development licenses from Apple, Android, Google, Roku, Kindle and other smart devices. iPoint TV has developed and launched mobile APPs in this increasingly growing market. iPoint TV is a Smart media & entertainment company, which holds development licenses from Apple, Android, Google, Roku, Kindle and other smart devices. Its latest application, iPoint Global Application launched over the iTunes and Android Play Market along with its web service located atwww.iPointGlobal.com. The application is designed to offer placement to distribute all media application over one location. The iPoint Global business model is designed to host hundreds of media applications over one location. These applications will then merge and distribute content as a full a la carte service within the application. iPoint is a company of Swordfish Financial, Inc. For more information visitwww.iPoint.tv.
About Swordfish Financial, Inc.
Swordfish Financial, Inc. (SFI) is a publicly held diversified financial company designed to acquire undercapitalized assets with a high level of profitability in the digital, entertainment and Smart technology industries. SFI strives to capitalize while providing valuable opportunity of loans and or investment in, small and medium sized organizations with the goal of increasing investor value.
Contained forward-looking statements about management's view of SFI's future expectations, plans and prospects. Statements made are forward-looking which involve known and unknown risks, uncertainties and other factors, which may cause the results of SFI 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 SFI files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. SFI cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these statements. Finally, SFI 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 SFI. For more information visitwww.SwordfishFinancial.com
Contact Information:Clark Ortiz - CEO
SOURCE Swordfish Financial, Inc.
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