CHARLOTTE, N.C., Jan. 9, 2013 (GLOBE NEWSWIRE) -- EyeTalk Communicator developer Revolutionary Concepts, Inc. (OTCBB:REVO) (www.revolutionaryconceptsinc.com) and its subsidiary Greenwood Finance Group, LLC, today announced the launch of new marketing and funding strategies for 2013. The strategies are set to include an improved business model with a focus on expansion of the client base and diversification in funding programs.
Solomon RC Ali, Sr. VP Finance said, "The acquisition of Greenwood Finance Group, LLC is a significant milestone for our company. With Greenwood's launch of a new marketing effort in the first quarter and its repositioning of several assets, Greenwood will have the ability to significantly increase its funding and investment capabilities. On the heels of $3 million in profits from 2012 to work with, Greenwood is set to exceed its 2012 funding revenue. The successful implementation of the new strategies will be an enormous benefit to RCI as we move forward in the manufacturing and licensing of our software patents and continue to explore acquisitions. RCI will now have access to a larger spectrum of lending and financing sources."
About Revolutionary Concepts, Inc.
Revolutionary Concepts, Inc. is a development stage company focused on the design and development of the EyeTalk Communicator. It serves as an entry management system and gives users the ability to remotely and interactively monitor via two-way communication and control an IP camera while using a personal communication device. Additional uses for the device include medical applications, sporting component, and infant care technology. Revolutionary Concepts Inc. is headquartered in Charlotte, NC with consultants located throughout the United Sates. www.revolutionaryconceptsinc.com
About Greenwood Finance Group, LLC.
With representatives in Atlanta and Charlotte, Greenwood Finance Group is a private equity firm consisting of a team of individuals who understand the work that goes into developing businesses in their beginning stages. In addition to providing funding through our Green Path Fund, Greenwood Finance Group provides consultation services to help business leaders map out plans and goals for continued success. Greenwood Finance Group provides broad-spectrum investment and capital services to small-cap and micro-cap companies; strategically positioning them for long-term growth and profitability. Greenwood delivers, through our global network of investment partners and private equity groups, the capabilities to quickly tailor funding solutions that meet the unique needs of each client which can be tailored to a client's capital funding needs so it can focus on growing the company.
Safe Harbor Statement - There are matters discussed in this media information that are forward looking statements 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. Such statements are only forecasts and actual events or results may differ materially from those discussed. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to Revolutionary Concepts, Inc.'s most recent annual report and accounts and other SEC filings. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.