WWDIWireless Web Data, Inc.
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According to Imaginon's Schwartz, "This sale of WWDI to GRDC, together with the completion of the private placement financing program, will allow our Vizario technology to be brought to market while simultaneously maximizing value for Imaginon shareholders.
It is expected that the newly re-organized and publicly owned WWDI will develop and market Vizario(TM), the latest commercial offspring of Imaginon's patented Transformational Database Processing and Playback (TDPP) technology that finds, formats, and presents data from either the Web or Intranet servers without a browser or Wide Area Protocol (WAP) network.
World Capital Funding, LLC will act as consultants to WWDI in regards to the private placement.
ImaginOn's technology will be utilized by WWDI to develop software for wireless Web data servers that will allow cellular phone and portable computing device users to request any type of data (including text, audio and video) and receive it properly formatted for their individual device.