NetworkNewsBreaks – ProBility Media Corp. (PBYA)
Post# of 89
Education technology company ProBility Media Corp. (OTCQB: PBYA) this morning announced that it has closed on its acquisition of W Marketing, Inc., a profitable, revenue-generating provider of National Electrical Codes (NECs) to the electrical and construction industries. “The closing of the acquisition of W Marketing highlights our commitment to aggressively building an international brand for education, training and compliance dedicated to the skilled trades,” Noah Davis, president and chief operating officer of ProBility, stated in the news release. “With the aggressive push from the current administration and the anticipated apprenticeship program, ProBility is positioned to take advantage of the projected upturn in the macroeconomic environment for construction and building by offering high quality products with the emphasis on safety.” Located in Hauppauge, New York, W Marketing leverages a nationwide network of electrical distributors that includes bookstores, trade/vocational schools, universities, retail chains, specialty retailers and independent hardware stores. In fiscal 2017, W Marketing recorded revenues of $2.7 million following the release of the most recent update to the NEC.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer