Rarus Technologies Inc. (OTCBB: RARS) (“Rarus” or the
“Company”) is delighted to announce that it’s signed an Exclusive Application
Property, Technical Information & Trademark License Agreement with
ThinkCorp AG for the acquisition of Zngle.com (the “Agreement”), a
next-generation application platform that will to take social media to new
levels and allow users to connect & communicate socially.
“The acquisition of the revolutionary Zngle.com technologies
marks our entry in to the brilliantly popular & quickly growing social
media space,” said Mr. Manfred Ruf, CEO of Rarus. “Zngle.com will set itself
apart from other established social media platforms by incorporating
traditional video, voice, & text messaging elements with innovative
augmented propinquity reality & mobile technologies to generate a uniquely
valuable experience for both individuals & business users.”
In the Agreement, in order to commercialize the business, it
states that Rarus will acquire the worldwide exclusive license to all technical
information, application, & trademarks necessary. OTCBB: RARS has to pay a
total license fee of $22 million USD over a period of years & a 5% royalty
on net sales derived from e commerce transactions, marketing, & other makes
use of of the licensed technologies. Visit www.rarustechnologiesinc.com &
www.zngle.biz to see new developments.
About Rarus Technologies Inc. (OTCBB: RARS)
Rarus Technologies Inc. (OTCBB: RARS) is a growing company
that has established an innovative business model that will combine
cutting-edge social media & e-commerce into one place that connects friends,
relatives, consumers, & vendors in new & thrilling ways. Zngle.com is
designed be a centralized internet portal & next-generation social media
net site that incorporates video e-mail, voice/text messaging & mobile
technologies to permit consumers to access real-time information about various
products & services through augmented propinquity reality search features.
