Xumanii (DBA Imerjn) XUII, announced that it has signed a Letter of Intent to acquire NTIH, an established provider of VOIP and mobile communications services to emerging markets. NTIH has historic revenues exceeding $20 million.
NTIH has operations in the United States and China and serves emerging markets in Asia, South America and the Middle East. Imerjn CEO, Adam Radly, said, "NTIH gives us an exposure to emerging markets through the one market segment we know will grow significantly in all emerging markets - wireless mobile technology."
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