Newport Global Technologies Acquires La Silkee Virtual Connections, Ltd. of Amman Jordan

Newport Global Technologies, Inc. (“NGT”) announced today that it has entered into a definitive agreement to acquire for cash and stock LaSilkee Virtual Connections, Ltd. (“LVC”), a Jordanian telecommunications company operating under a license granted by the Hashemite Kingdom of Jordan. The specific terms of the transaction were not disclosed.

Full Story: Newport Global Technologies Acquires La Silkee Virtual Connections, Ltd. of Amman Jordan Source: Newport Global Technologies Press Release, October 20th, 2008

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