LOS ANGELES, CA -- (Marketwire) -- 11/20/12 -- Capital Art, Inc. (PINKSHEETS: CAPA) today announces it has retained Acer Communications, Inc. to assist the Company with investor relations and shareholder communications.
Acer Communications will focus on expanding market awareness for Capital Art, conveying the Company's key messages to the institutional and retail investment communities. Acer Communications is an investor relations firm specializing in leveraging the most effective investment, growth and exposure strategies for small to mid-sized companies through an integrated approach to relationship development and corporate communications.
"We are delighted to have been chosen to drive shareholder and investor awareness for Capital Art and look forward to exceptional results," commented Eddie Cruz, President of Acer Communications, Inc.
"We are pleased to announce the addition of investor relation services to the business of the Company as we now focus on raising the profile of our story in order to stimulate liquidity and capital levels allowing the Company to fulfill and further expand its acquisition and growth plans," said Sean Goodchild, CEO of Capital Art, Inc. "We welcome the Acer team and look forward to producing positive results together."
About Capital Art, Inc.
Capital Art, Inc. (PINKSHEETS: CAPA) acquires, editions and manages some of the world's most iconic photographic images. Internationally marketing limited edition and reproduction prints created from original negatives by some of the 20th Century's most important photographers, the company also makes images available for publications and merchandise.
Capital Art sells and distributes classic and contemporary limited edition photographic images and reproductions with a focus on iconic celebrity images. Images include historic shots of Marilyn Monroe, James Dean, Frank Sinatra, Elizabeth Taylor, Jimi Hendrix, Jackie Robinson and other beacons of popular culture.
Investment in iconic photographic images is increasingly becoming an important component for a growing number of art collectors and investors. As photography is becoming an asset class in its own right the demand for iconic images continues to increase with little new material coming to market. Capital Art seeks to capitalize on these finite resources by acquisition of negatives and rights whilst stimulating awareness and demand by bringing exceptional quality lithographs at more affordable prices to a wider audience, in turn increasing demand for its limited editions and original negatives.
Capital Art, Inc. (PINKSHEETS: CAPA) trades on OTC Pink. Investors can find Real-Time quotes and market information for the Company on www.otcmarkets.com/stock/CAPA/quote. www.CapitalArt.com
About Acer Communications, Inc.
Acer Communications is a next generation strategic communications company and leading global investor relations firm. We provide a complete range of investor relations services to publicly traded and privately held companies, as well as companies in the pre-IPO stages. Our goal is to achieve the greatest value for the securities of our client; in accomplishing this, Acer allows its client companies to reduce the cost of capital, facilitate acquisitions, incentivize management and enhance shareholder value.
The foregoing press announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Management's expectations could be affected by, among other things, uncertainties relating to our success in judging consumer preferences, financing our operations, entering into strategic partnerships, engaging management, seasonal and period-to-period fluctuations in sales, failure to increase market share or sales, inability to service outstanding debt obligations, dependence on a limited number of customers, increased production costs or delays in production of new products, intense competition within the industry, inability to protect intellectual property in the international market for our products, changes in market condition and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the statements are made.
Capital Art, Inc.
Acer Communications, Inc.
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