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PRELAUNCH SOCIAL-COMMERCE PORTAL SECURES $30 MILLION VALUATION
PRELAUNCH SOCIAL-COMMERCE PORTAL SECURES $30 MILLION VALUATION
By ExtremeEnterprises on December 1, 2008 United States of America
EXTREME ENTERPRISES, INC., A DELAWARE REGISTERED AND FLORIDA BASED SOFTWARE DEVELOPMENT PARENT COMPANY, ANNOUNCED TODAY ITS $30 MILLION VALUATION.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 1, 2008 --
YourNight.com, a start-up, pre-launch social networking and commerce portal owned by Extreme Enterprises, Inc. (EEI –eeihq.com), today announced a corporate valuation of $30,000,000 based on a stock purchase in the amount of $180,000 for 0.6% ownership made by PlanLogix, LLC, a software development company that has been contracted by EEI for the purpose of building the YourNight.com portal. EEI has reported raising over $2.5 million in private equity investments for YourNight.com, both cash and in-kind, since its conception in 2004. Another recent investor is Verne Packer, the former Senior Vice President of Miller Freeman, a 1990's billion dollar trade show and publication company.
George Wendt, who deftly portrayed Norm in the much loved sitcom “Cheers” and who
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is enjoying a long run in the Broadway smash hit “Hairspray,” has been selected by EEI to become a celebrity endorser for its film and television sector of the YourNight portal. As a family member to the Founder of EEI, George Wendt has agreed to the endorsement with the terms still in negotiation.
Leading EEI is Founder/CPO RJ Garbowicz, former Executive VP and Co-Founder of AccessWeb.com, an internet media and domain reseller company. Holding the President/ CLO position is attorney Kenneth Keefe, a former U.S. Diplomat, as well as the former President of Eupen Cable USA, Inc, a $200 million plus European based Cable Company. Carl Jones, the Company’s CIO, possesses his MBA as well as broad and deep experience in IT project management, having served, among other
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roles, as the project manager for SoftwareComputer.com. EEI’s Board of Directors consists of RJ Garbowicz as Chairman, Ken Keefe, Verne Packer, former Senior VP of Miller Freeman, a multi-billion dollar media and tradeshow Company and Dr. Ken Van Voorhis. Dr. Van Voorhis is the retired Founder/Director of USF’s Small Business Development Center and Small Business Institute and also former Chairman of the Management Department of the College of Business and is currently Professor Emeritus at USF.
EEI recently announced its nationwide search for a CTO. Starting from the top, EEI has contacted Aber Whitcomb, current MySpace CTO, and is negotiating several possibilities for corporate involvement.
About YourNight.com
CPO RJ Garbowicz was asked what is YourNight.com, he responded, “Picture this; you get home from work in the evenings and you turn on your PC, what do you do . . . answer email . . . browse your social networking or dating site . . . play online games . . . search videos and music . . . shop online . . . peruse job listings . . . check out local events . . . search for a business . . . go to your online banking . . . well you get the point, YourNight.com affords you all of this, and much, much more – all within one colossal, user-friendly portal . . . that’s all I can say for now, since we are still in stealth mode . . . however, as soon as we complete our Series A capital raise of $10 million our purpose and presence will be known.”
For more information, please contact:
RJ Garbowicz President/CPO Extreme Enterprises, Inc.
Phone:727.289.5522
Email:RJ@eeihq.com
PO Box 49271
St Petersburg, FL 33743
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