Cyclon Capital Corporation, (OTCBB:MXEH), a diversified holding
company, announced that the institutional investor FRIC HOLDING AG
from Switzerland has signed an private placement agreement to invest
$10 Million into Cyclon.
Mark Horrelt, President of Cyclon, commented: "We are very pleased
to have acquired this financing with this quality investor. We believe
that we will have sufficient capital to execute our planned
acquisitions and business plan, moreover achieve what we believe could
be a major value-enhancing milestone."
Under the terms of the agreements, the investor will get
new-issued shares of restricted common stock. The shares of common
stock offered for sale in this private placement have not been
registered under the Securities Act of 1933, as amended, or state
securities laws and may not be offered or sold in the United States
absent registration with the Securities and Exchange Commission or an
applicable exemption from the registration requirements.
About Cyclon Capital Corporation
Cyclon Capital Corporation is a company comprised of various
subsidiaries in the sports and entertainment market. Cyclon was
founded in July 2006 and has been traded as a holding company since
May 2007 on the OTC market in New York. After much experience in the
entertainment field, Cyclon was formed to capitalize on the immense
potential of the Internet and related technologies such as mobile
phones, VOIP, online communities, TV and radio.
By combining this potential with its two core businesses, Martial
Arts X-treme, (Mixed Martial Arts - MMA) - one of the fastest growing
sports markets in the world, and Mowjow; an exciting new mobile
telephone games platform which will provide unique, modern and
innovative low stakes games to be played on mobile telephones and
Internet, Cyclon hopes to realize substantial revenues.
Cyclon believes the market for MMA and Martial Arts X-treme is
substantial, particularly combined with television, live events,
merchandizing and online ventures, which are all crucial components of
the long term vision for Cyclon and will enable investors to achieve
high returns. Already Martial Arts X-treme has generated a strong
interest and market niche in Europe and is poised for expansion.
The statements in the press release that relate to the company´s
expectations with regard to the future impact on the company´s results
from new products or actions in development are forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995. The statements in this document may also contain
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Since this information may contain statements that involve
risk and uncertainties and are subject to change at any time, the
company´s actual results may differ materially from expected results.