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Industry Weapon, Inc. Merges with Adroit Concepts, Inc. PITTSBURGH, July 1st, 2007 - Industry Weapon, Inc. announced today that it has completed its merger with Adroit Concepts, Inc. for an undisclosed amount together with the assumption of Adroit's funded debt and certain other Adroit liabilities. Adroit Concepts, a Pittsburgh, Pennsylvania based company, developed its footprint in the technology market in 1999 by providing online business solutions. The company has since developed several technology products to help revolutionize the data transfer and e-commerce markets. David Wible, Chairman and CEO of Industry Weapon, stated, "I am grateful to report that our merger is one that provides a truly outstanding fit between two extremely talented organizations. By merging Industry Weapon and Adroit, significant synergies have been realized which have provided the economic and operating backbone for a sustained expansion of Industry Weapon's business in the future." Wil Chufo, Adroit Concepts' Co-Founder and now CIO of Industry Weapon said, "The combined companies have already begun to make significant progress in leveraging its core assets. One such asset is our flagship offering, IW Communities, a collection of personalized affinity based niche communities." Craig Hanna, Adroit Concepts' former President and now Chief Operating Officer of Industry Weapon, stated, "The merger between Adroit Concepts and Industry Weapon has been great for our Company and has brought together two highly compatible organizations and management teams." -- About Industry Weapon Founded in 2000, Industry Weapon is an e-commerce brand building company that focuses on expanding a client’s channels of business and ROI through strategic positioning. Industry Weapon’s core focus is on market driven communities, in which intent, belief, resources, preferences and needs are analyzed and promoted to maximize client visibility and opportunities. Industry Weapon can be contacted via their website www.industryweapon.com |