Data Call Technologies, Inc. (OTC Bulletin Board: DCLT) announced today that it has entered into a letter of intent to acquire 100% of Podcast Ready, Inc., a local Houston startup and portfolio company of DFJ Mercury, in an all stock deal.
Podcast Ready was created to accelerate adoption of podcasting by making subscribing and listening to podcasts easier and more portable. Recently, Podcast Ready closed a deal to have their myPodder software pre-loaded on over 5 million MP3 players of Sansa and Coby. Data Call will be able to leverage this distribution along with their Digital Signage technologies.
Congratulations Andrew, Russ, Bryan, and the rest of the Podcast Ready crew!