Excel Corporation Acquiring Voice Status Update Company ShoutOMatic
Excel Corporation has announced that they are acquiring ShoutOMatic. The acquisition will take place after completion of due diligence and an execution of a definitive agreement.
ShoutOMatic has patent pending social technology that allows users to record and broadcast voice status updates known as “Shouts.” Shouts can be shared on Twitter, Facebook, Google+, Pinterest, Tumblr, and blogs. Shouts can be shared through QR codes too.
“We are beyond excited to be working with this kind of inspiring and revolutionary technology,” stated Excel Corporation VP of Licensing Robert Stone. “The capabilities and applications of a ‘Shout’ are endless for brands, retailers, celebrities and politicians. Nothing can replace the sound of your voice or the way it impacts those who hear it. You can’t get emotion or sarcasm easily via text. We know that ShoutOmatic will be the next big thing in social media!”This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry