FOR IMMEDIATE RELEASE: Contact: Joel DeGray TERRA-SAN Announces the Acquisition of Riptopia Riptopia and TERRA-SAN combine forces to create the largest provider of course wait a minute NORWALK, CONNECTICUT, 07-MAY-2009 10:28 AM TERRA-SAN of Norwalk, Connecticut, the premier digital media management company, today announced the acquisition of Novato, California-based, Riptopia, the digital media conversion company. Both Brands and business structures will continue and Riptopia will be designated, “a TERRA-SAN Company”. Joel DeGray, CEO of TERRA-SAN commented: “Existing clients of both companies can be confident that everything will stay the same with only select areas of change. We feel that this acquisition gives TERRA-SAN the perfect opportunity to enter the broad-based West Coast digital conversion business and entry level segment of the market with a great name that everyone already respects. Future clients can be assured that we plan to bring our well-known, technical high quality and expertise to the existing Riptopia customer base and price structure. Our position has always been to preserve the performance - not the medium. It will stay that way. We plan to become faster, better and cheaper through logistics and efficiencies as business and technology change in the future. That plan will become more evident as more news breaks about TERRA-SAN in the near future. So keep your eyes open, a lot is going to be happening.” Kurt Beyer, CEO of Riptopia “Riptopia reviewed the 10 or so competitors that have popped up since we founded this CD/DVD processing business 5 years ago and decided to partner with TERRA-SAN for two reasons. First, TERRA-SAN is geographically situated on the East Coast close to many of our AV partners. Second and more importantly, only TERRA-SAN has the technical chops to match Riptopia’s quality standards.” ### |