Seacrest Development Corporation announced that an agreement has been reached to acquire Imagen Technologies, Inc. for $450,000. Currently, Imagen specializes in e-mail invoicing interfaces, with a core AXML technology utilizing XML to offer advanced invoicing capabilities in its new Invoy product. Seacrest’s acquisition is subject to regulatory approval by the Vancouver Stock Exchange, an independent evaluation of Imagen, a $300, 000 cash payment and $150,000 in stock. www.imagen.com
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