SOUTHPORT, NC / CRWEPRESSRELEASE / August 14, 2015 /Bullzi Holdings, Inc. (BLLZ) a public holding company signs Memorandum of Understanding (MOU) to acquire SecuSolutions Ltd., a Canadian information security products provider.
Thomas Welch, President and CEO of Bullzi Holdings, Inc. stated, “The acquisition of SecuSolutions Ltd. (www.secusolutions.com) will allow Bullzi Holdings to expand its presence in the information security products arena and allow us to enhance our security offering, which already includes professional services and on-line education.”
Mr. Welch went on to say that, “Bullzi has been partnered with SecuSolutions since 2010 and both parties felt that we would be stronger and have greater worldwide reach if we were one company. In addition to Canada, SecuSolutions also has a strong presence in Asia, which is undeserved from an information security perspective.”
Jim Kootnekoff, President of SecuSolutions stated, “We’re excited about this acquisition as it will bring together years of knowledge and experience shared by both companies. Together we will be better positioned to target larger opportunities in niche markets that are in need of our combination of security products and services. Our combined efforts will also allow us to develop new opportunities that have already been identified in North America and in Asia.”
Mr. Welch closed by saying, “This is a highly synergistic acquisition that will allow both organizations to expand their reseller channels and marketing opportunities, as well as cross sell to each others established client base. We hope to close this deal on or before September 30, 2015. At that time, additional details regarding this merger will be made available.”
About Bullzi Holding Company Inc.
Bullzi Holdings, Inc. is a publicly based holding company that conducts business in multiple industry sectors. While the Company has its roots in the Information Security and Education sector, it now serves as the parent company of a Bullzi Security LLC, WISE Learning Solutions LLC, Creative Forecast LLC and PostureFit.
The Bullzi Holdings, Inc. trading symbol is BLLZ.
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SOURCE:Bullzi Holdings, Inc.