Signature Devices, Inc. Completes Sale of Graffiti Entertainment to Azure Holding Group Inc.
Summary
IRVINE, CA, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Signature Devices, Inc. (OTC PINK: SDVI) today announced that it has successfully completed the sale of its subsidiary, Graffiti Entertainment to Azure Holding Group Inc.“Both companies were motivated to quickly close the deal to allow for a smooth transition of assets and resources,” said Inas Azzam, CEO and President of Signature Devices.He went on to say, “This deal allows Signature to partner with Azure to launch an Artificial Intelligence cryptocurrency that can be used in a broad spectrum of applications including, IoT devices, Video Games, Advertising and more.”The Graffiti assets will enable Azure Holding Group Inc. to integrate a lucrative gaming business and advertising, leveraging blockchain technologies and Artificial Intelligence cryptocurrency monetization.In the completed deal, each Graffiti shareholder will receive shares in Azure Holding Group Inc., a publicly traded company.