June 28: Zamage Digital Art Imaging, Inc. (ZMGD;
www.zamagedigitalcorp.com) subsidiary Paraform Design (www.paraformdesign.com) developed and launched a beta version of a revolutionary signage database and has a patent pending for this software. By utilizing the patent pending build center, Paraform can efficiently and economically build sign systems for virtually every market sector and save clients up to 40% of their overall budget.
June 24: Paraform Design has formed a strategic partnership with one of the largest furniture manufacturing representatives on the east coast. With this new partnership, Paraform can target specific core markets, namely healthcare, education, government and business and can quickly respond to its customers' unique needs, deliver its products quickly and continue its growth with unique and comprehensive service. With an existing client base of over 250 clients, this partnership can help to catapult sales and revenues. This relationship alone should yield $5-10 million in sales over the next 2-3 years.
In other news, following the merger with Paraform Design, ZMGD management intends to complete a share acquisition and reduce its authorized and outstanding shares to less than 700 million from current 2.8 billion.