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Redux Holdings, Inc. Announces Exclusive Agreement With Pantheon Partners

WILMINGTON, Del., Feb. 23, 2015 (GLOBE NEWSWIRE) -- Redux Holdings, Inc. (OTC:RDXH) is pleased to announce the completion of an exclusive consulting & advisory agreement with Pantheon Partners, LLC.

"Pantheon Partners is a strategic and financial consulting firm specializing in M&A, corporate finance, complex corporate turnarounds, debt and equity financing. Our core competencies from an industry perspective are medical devices, healthcare, real estate, financial services and professional sports. As the founder and CEO, it is my responsibility to build the organization, discover exceptional investment opportunities, develop and lead M&A, Corporate Finance and financial advisory assignments." (see: https://www.linkedin.com/in/glustig)

This consulting and advisory contract is for a term of 12 months.

Mr. Lustig's summary is as follows, "By utilizing the combination of my legal, financial and business acumen, I have advised and spearheaded transactions and operations for some of the top firms, leading companies to new levels of success and prosperity. These skill sets enable me to add significant value to any assignment.

I have a very strong transactional background as evidenced by the three hundred contracts including thirty mergers I have structured, negotiated and closed highlighted by the acquisition of a Las Vegas public gaming company, the sale of the McKinley Park Mall and the leveraged MBO of Ohio's largest insurance agency. I also have an intimate knowledge of both the debt and equity capital markets having handled approximately $5B in various forms of financing over my career.

I was originally engaged in the private practice of law for 14 years specializing in sports contract negotiations, real estate, mergers and acquisitions. During this time, I won the largest verdict for a wrongful death case in Ohio history, served as lead counsel for the developer of a major $600M downtown urban renewal development, and negotiated 200 professional sports contracts including six of which set new industry standards.

Over my career, I have also been responsible for numerous real estate loan workouts and a number of difficult complex corporate turnarounds including the nation's largest financial education and Seminar Company, a national long distance telephone company, a real estate company and a medical device company." (see https://www.linkedin.com/in/glustig) Mr. Lustig will serve as our immediate advisor and consultant for Redux Holdings, Inc. for a period of 12 months.

Pantheon Partners, LLC, will provide financial and strategic advisory services for the purpose of procuring venture capital financing in the amount of $10,000,000. Pantheon Partners, LLC, shall provide the following services:

a) Perform due diligence as required;

b) Establish Client's objectives and requirements;

c) Review and analyze the proposed capital funding requirements, budgets and Performa's of Client

d) Determine the best means and structure of procuring the requested funding;

e) Determine the feasibility of procuring the required funding from a single or multiple VC source(s);

f) Determine, identify and analyze the alternatives available funding sources;

g) Provide a cost analysis of alternative funding sources;

h) Structure the funding, subject to approval of Client;

i) Create the marketing plan(s) for funding;

j) Prepare an executive summary and financing memorandum, if necessary;

k) Negotiate solely on Client's behalf the terms and costs of each available financing alternative, subject to the approval of Client;

l) Procure the requested financing on the best terms and conditions available.

m) Provide strategic and financial consulting services as are reasonably required by the Company during the initial term of the Agreement.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

CONTACT: Redux Holdings, Inc. (302) 235-3141 ir@leotekholdings.com

Source:Redux Holdings, Inc.