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TBX Group Acquires FleXyber Solutions Developer of Magnum Flight Systems - TBX Group, Inc., a software and technology based management and holding company, based in Memphis TN announces that it has completed the acquisition of FleXyber Solutions, Inc., the developer of Magnum Flight Systems
TBX Group Acquires FleXyber Solutions Developer of Magnum Flight Systems

 

NewswireToday - /newswire/ - Memphis, TN, United States, 2015/07/14 - TBX Group, Inc., a software and technology based management and holding company, based in Memphis TN announces that it has completed the acquisition of FleXyber Solutions, Inc., the developer of Magnum Flight Systems.

   
 
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TBX Group is proud to announce that it has completed the acquisition of Flexyber Solutions, the developer of Magnum Flight Systems; a one-stop web-based aviation management system for the general aviation industry.

This acquisition will add the aviation industry to the company’s profile which already includes a revenue producing business in the logistics industry and a consumer app and dealer software being developed for the automotive industry.

TBX Group believes this was the perfect time to acquire FleXyber Solutions, while the company still holds Magnum Flight in development. With the backgrounds of the leadership of TBX Group, which includes John Miller (Former CFO of FedEx), the Company believes it only makes since to have an aviation software product to coincide with the other projects of the company.

FleXyber is designed to continually identify and develop comprehensive software solutions that provide easy to use web-based programs to increase users' productivity, enhance management information, and reduce time and effort from a variety of devices, platforms, and operating systems.

The first launched product from FleXyber shall be Magnum Flight Systems a comprehensive suite designed for all aviation individuals from student pilots to corporate jet owners. Magnum Flight, when fully developed, will provide general and corporate aviation professionals with a simplified and improved process to manage their aviation needs.

TBX Group (thetbxgroup.com) has been strategically acquiring companies and developing projects which show great promise and provide benefits to the users, while providing a positive future outlook for the Company and its stockholders. With the backing of TBX Group, the Company believes FleXyber shall be able to launch the Magnum Flight Systems product into the aviation industry in 2016.

All information contained within this authorized press release is for informational purposes only. Any comment or statement made here within only applies to the comment or statement and does not mean to imply any idea or vision other than what is stated herewith. This authorized press release shall not be construed to be a solicitation or an offer related to any and all securities that may or may not be in the private market or potentially coming to the private market relating to any and all companies, organizations, entities, and/or individuals listed here within.

 
 
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Written by / Agency / Source: TBX Group

 
 

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TBX Group Acquires FleXyber Solutions Developer of Magnum Flight Systems

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TBX Group securities in any jurisdiction including any other companies listed or named in this release.

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