ATLANTA , July 27 /PRNewswire/ -- myPhotopipe.com, an online provider of digital photo processing, photo finishing, photo sharing, and related services for the professional and serious amateur photographer, today announced anagreement to acquire a minority interest in Digital Gallery Ventures, LLC, a Scottsdale , Arizona-based company that creates FaceBook applications forDigital Photo editing and processing. myPhotopipe.com will be the soleprinting partner for Digital Gallery, LLC. Other terms of the agreement werenot disclosed.
"myPhotopipe.com is excited about the opportunity to both acquire aminority stake in, and to be the printing partner for, Digital GalleryVentures," stated L. Douglas Keeney , Chief Executive Officer ofmyPhotopipe.com, Inc. "We have always maintained that the full potential ofdigital photography has yet to be realized because the industry has been slowto innovate, to do unexpected things that harness the power of the Internetand the infinite possibilities of digital media. Digital Gallery Ventures isrewriting the rules. The applications they have in development are fabulous,and we think will be as exciting to use as the prints will be to display."
About myPhotopipe.com, Inc.
myPhotopipe.com, Inc. is a web-based (2.0) online provider of digitalphoto processing, photo finishing, photo sharing, and related services. TheCompany's unique blend of 104 print options, combined with manual printinspections and professional color management, have positioned myPhotopipe.comas one of the fastest-growing providers of digital photography services forprofessionals and serious amateurs.
The Company is headquartered in Atlanta , Georgia , and its common stock islisted on the OTC Pink Sheets under the symbol "MPPC". Additional informationis available on the Internet at http://www.myPhotopipe.com.
This press release may contain forward-looking statements within themeaning of Section 27A of the Securities Act of 1933 and Section 21E of theSecurities Act of 1934 that are subject to the "safe harbor" created by thosesections. Such forward-looking statements are based upon current informationand expectations regarding myPhotopipe.com, Inc. These statements speak onlyas of the date on which they are made, are not guarantees of futureperformance, and involve certain risks, uncertainties and assumptions that aredifficult to predict. Therefore, actual outcomes and results could materiallydiffer from what is expressed, implied, or forecast in such forward-lookingstatements.
myPhotopipe.com, Inc. assumes no obligation to update the informationcontained in this release. Any forward-looking statements in this pressrelease may be materially impacted by any number of factors, any or all ofwhich could have a negative impact on sales, operating results, financial andbudgetary constraints. The statements made herein are independent statementsby myPhotopipe.com, Inc. The inclusion or mention, if any, of third partiesin this press release does not represent an endorsement of anymyPhotopipe.com, Inc. products or services by any such third party.