|TiVUS, Inc. (TIVU) Announces International Expansion to the Caribbean|
Today before the opening bell, TiVUS announced expansion of its operations into the Caribbean Islands, a rich source of hotels and resorts. According to the press release, the company has already completed a site survey of its first property in Puerto Rico.
“After completing a year-long market feasibility study, I am proud to announce we have begun operations in the Caribbean Islands,” stated Shiva Prakash, TiVUS’ chief executive officer. “Our research indicated several areas with high concentrations of suitable hotels that exist in a relatively small geographical area, making this area of North America a practical locale in which to expand.
“Because of the feasibility study and yesterday’s site survey in the Puerto Rico property, I am confident TiVUS’ growth into the Greater Antilles holds a very high growth potential. Indeed, our system with its multi-language content and menus is ideally suited for hotels and resorts that attract worldwide travelers who speak the languages of the world.
TiVUS base of operations in the Caribbean will be in San Juan, PR. With yesterday’s recent site survey completed, we expect to announce new contracts from this area soon.
“In other updates, our 2011 financial statement is currently in preparation, and I also expect to soon announce our annual shareholder meeting date to discuss our details for up listing, along with other items of interest to the Company’s shareholders,” Prakash concluded.
To learn more about the company, visit www.TiVUS.com
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