ALTAMONTE SPRINGS, Fla., Sept. 18, 2006 (PRIMEZONE) -- Metropolis Technologies Corp. (Pink Sheets:MTPT) announced today that the company has retained The Otto Law Group PLLC (www.ottolaw.com) as its corporate counsel of record.
Michael Smith, President, stated, "The Otto Law Group came highly recommended to Metropolis and, after an intense due diligence process and several insightful conversations with the firm it became clear to us that the Otto Law Group is an excellent fit for Metropolis moving forward."
About the Otto Law Group:
The Otto Law Group PLLC is a firm that specializes in helping technology innovators, entrepreneurs, startups and emerging growth companies with all facets of their growth and development. They believe their combination of targeted and relevant legal experience, capital markets access and business formation and operations insight represent unique and valuable assets for their clients.
As a boutique law firm focused on the needs of technology innovators and emerging growth companies, The Otto Law Group provides its clients with the attention and timely response needed to advance their clients' business objectives. They also invest in their clients when the opportunity presents itself. This provides additional incentive to actively help clients execute their business plans and establishes a strategic partnership that better aligns the business goals with the legal and other services provided to their clients.
Smith added, "The Otto Law Group, and our lead counselor, Mr. James Vandeberg, are uniquely positioned to help Metropolis attain its short-, mid- and long-term goals and objectives, not only as legal advisors but also as highly capable business strategists. James and the Otto team have a deep understanding of Metropolis' core business verticals and the required fundamentals for intense growth. We feel we are very fortunate to have The Otto Law Group as a partner on the Metropolis Team."
About Metropolis Technologies Corp.
Metropolis has built a strategic platform to capitalize with the present and future way in which businesses, associations, artists and entertainers, venues and consumers communicate, create partnerships and develop revenue-generating activities and transactions within the online universe.
Our mission is to innovate -- bringing the power, ease of use and massive reach of the internet together with our constantly evolving software solutions to deliver better products, customized services and unique business solutions. Today, Metropolis is providing highly advanced, scalable e-ticketing and portal solutions to clients in North America, South America and the Caribbean with a deeper commitment to provide our products and solutions to clients and consumers on a global scale.
This announcement contains forward-looking statements regarding Metropolis Technologies Corp. Those statements involve risks and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the timing of the closing of the transaction, the possibility that the transaction may not close, the reaction of the users of Metropolis' services, the future growth of Metropolis' user base and public acceptance of Internet services, rapid technological changes in the Internet sector, the reaction of competitors to the transaction, global developments in the regulation of Internet services, the possibility that integration of Metropolis' offerings following the transaction may be more difficult than expected, and the possibility that entry by Metropolis Technologies Corp. into potential new lines of business will not be successful. All forward-looking statements are based on information available to Metropolis Technologies Corp. on the date hereof, and Metropolis Technologies Corp. assumes no obligation to update such statements.