Under the terms of Pure Hospitality Solution’s trademark, Oveedia, the word will be recognized and protected for a term of 10-years, with 10-year renewal options thereafter. Management also indicated that “Oveedia has been officially transferred to Rackspace and last minute wrinkles are being ironed out.” The Company is thankful to its long-term shareholders and supporters, “we would not be here today without all of you. We are thrilled to soon deliver the platform that everyone has been waiting for.”