3D Entertainment Holdings, Inc. Definitive Merger
Post# of 4425
CHEYENNE, WY / ACCESSWIRE / August 5, 2015 / 3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc (PINKSHEETS: TDEY), TDEY and Oak River Technology (ORT) announce the signing of a Definitive Merger Agreement. TDEY and Oak River Technology have signed a merger agreement which will allow Oak River Technology to continue its operations as a subsidiary of TDEY with the CEO of ORT, Ken Linduff, managing and operating the company.
Oak River Technology (ORT) specializes in individual and group payment, collections and remittance solutions. ORT unique solutions have significantly reduced the cost to the public for Payroll Deductions, Automatic Deductions from Checking Accounts. As importantly, the cost to the creditor is also reduced with additional benefits. Creditors now can receive one payment with a reconciliation report for numerous individuals versus single account information requiring costly labor, systems to reconcile. ORT has impacted numerous business verticals such as Internet Gambling, Insurance Products and Travel Industry and continues to rapidly expand into other markets. The ORT solution allows for very low cost implementation and a simple interface for both the purchasing party and the creditor. There are systems to interface with or learn. We have created a simple process driven versus technology solution that results in a much lower cost for services utilized by the majority of transactions around the world today said Kent Linduff Oak River CEO.
Kent Linduff CEO of ORT has an extensive technology background reaching over 40 years; from Telecommunications Group Director of Invensys Plc of London, UK, to most recently CEO of ENDCO Inc. In 2002 Linduff created a solution which allowed multiple systems to share data resulting in a $42MM per annum savings for Zurichs Farmers Insurance. Linduff is a Six Sigma Black Belt and utilizes Six Sigma methodologies for maximum profitability of all companies he associates with.
Oak River Technology anticipates the signing of several agreements with major insurance companies to provide billing and reconciliation services. These agreements will make Oak River Technology one of the leaders in the financial collections, remittance services based on volume.
http://www.oakrivertech.com/
http://nvsos.gov/sosentitysearch/CorpDetails....&nt7=0
https://wyobiz.wy.gov/Business/FilingDetails....2086178042
$TDEY
$ORTC
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