Geo Vision International Group Inc News

Geo Vision International Group to Acquire CLP UK

LONDON, July 28 PRNewswire-FirstCall — Geo Vision International Group Inc., (Pink Sheets: GVIT) announced today that it is negotiating acquiring: CLP Computer Office Supplies, Continuous Listing Paper Limited, a company registered in the United Kingdom, in a combination cash and stock transaction.

CLP Computer & Office Supplies is located in Blanford, Dorset, in the United Kingdom. Established in 1989 and in operation for the past 20 years, the company maintains a warehousing and distribution centre in Blanford England. CLP sells and distributes computer and office supplies through its website www.clp.co.uk and mails its mail order catalogues to its in-house client base of customers including: small business and home based businesses, plus a wide range of institutional accounts including: schools, colleges, universities, hospitals, registered charities, medical and dental practices, accountants and solicitors.

Geo Vision International Group's long standing direct marketing skills, in both business to business and business to consumer direct marketing, provides a formidable fit with the activity of CLP. It is anticipated that the combined group can expect substantial growth in a combined entity.

For the past 10 years Geo Vision International Group Inc. has had limited operations. The company's management is anticipating further growth for Geo Vision through additional planned mergers and acquisitions in the Internet and direct marketing arena in the future.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks. The forward looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward looking statement to reflect changes in the Company's expectations or future events.

SOURCE Geo Vision International Group Inc

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