Released on: 21, December 2008
, Author: David Vasquez
, Audience: Internet related
FXYFOTO (www.fxyfoto.com), one of the worlds' leading digital media creators and distributors has today announced it has entered into an exclusive management deal with GoPublicToday.com, as the firm prepares to move towards raising finance from the capital markets.
(19 December 2008) FXYFOTO (www.fxyfoto.com), the emerging digital media creator and distributor, has today announced an exclusive management agreement with GoPublicToday.com, which will see the commencement of preparations for IPO, both in terms of compliance and internal systems development and management.
The agreement brings the expertise and track record of GoPublicToday.com in taking companies public into the fold, to assist FXYFOTO as it looks to enter the capital markets and raise funding to meet its ongoing expansion.
David Vasquez, founder and CEO of FXYFOTO (www.fxyfoto.com) believes the deal to be beneficial to both parties, and to FXYFOTO clients and investors.
""The digital content market is expanding, and the customers of FXYFOTO will benefit from the collaboration of these businesses. GoPublicToday.com customers already appreciate its value-based offerings, and through their expertise and proven track record, the entire transition to go public will be cash flow positive.""
Tracie Reed, VP/Account Executive at FXYFOTO briefly added: ""We're looking forward to a new phase in FXYFOTO and anticipate many exciting things in our future.""
Meanwhile, Steven Brock, owner of GoPublicToday.com, believes the partnership with FXYFOTO will allow the digital media distributor to easily access capital markets.
""Our expertise will benefit FXYFOTO as they take their first steps towards success as a public entity. We have a vast experience in helping firms like FXYFOTO going public, particularly in entering the Capital Markets and preparing Business Plans and PPT presentations for Angel Investors, Hedge Funds, Venture Capital firms etc, as well as developing accounting systems and business development programs, and hence we feel our agreement to be mutually beneficial.""
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