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Thrive World Wide, Inc. (TWWI) Updates Acquisition of INTECH CREATIVE LLC and Drug Right PVT. LTD.
Date:8/24/2012

LAKE GENEVA, Wis., Aug. 24, 2012 /PRNewswire/ -- Thrive World Wide, Inc. (OTCQB: TWWI) (Pinksheets: TWWI) announced today that it has extended the Letter of Intent [signed on May 30, 2012] to acquire INTECH CREATIVE LLC., a U.S. limited liability company operating out of Bangalore, India. This is to allow INTECH the time required to complete its pending merger with India-based Drug Right PVT LTD, a software development job shop that provides wholesale software programming services to pharmaceutical clients in the U.S.A.  Thrive has completed its due diligence of Intech, and does not foresee any obstacles within INTECH or DRUG RIGHT to impede their timely closing.  

The combined INTECH-DRUG RIGHT company is intended to operate under the brand of INTECH as a wholly-owned subsidiary of Thrive World Wide, Inc.  It will boast a team of twenty, comprised of graphic designers, software programmers, and project managers, operating in two divisions: the SERVICES division will have immediate monthly revenues of US$10,000 monthly based on its current clients and workload, with an anticipation to see that number increase in the near term resulting from a newly-planned INTECH sales and marketing initiative. The NEW PRODUCTS division will develop proprietary software to drive their Intech (and other) branded subscription-based web and mobile-based applications and services.

In July 2012, INTECH secured capital from a single investor, and is already underway with the development of ePipeline, a social media conduit -- for the large and vibrant live-events space -- that is intended to connect (all those involved in the information flow of live events) through its own website and mobile platforms, and integrated connections through other social platforms like Facebook (900 million users), Ning (80,000 social networks), MeetUp (20,000 groups with 8 million members), and MySpace, as well as open-source CMS systems like WordPress (25
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SOURCE Thrive World Wide, Inc.
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