Inform Worldwide Holdings, Inc. (IWWI.OB) announced today that its subsidiary, PrimaCare Corporation (“PCC”), has entered into an Agreement in Principle with a privately held company which has for two years successfully provided medical services to south Florida. The Parties will enter into due diligence period with a deadline of December 31, 2007 for entering into a definitive agreement. It is anticipated that the management of the target company, with over ten years of medical services experience, will remain intact.
“The target company in this transaction shows great promises for adding growth and profitability to our Company,” commented Ashvin Mascarenhas, Company’s CEO. “It will be a tremendous first transaction for PrimaCare Corporation.”
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