Under the terms of the agreement, GBS will acquire 100% of the issued and outstanding shares of MCDI in exchange for $1,000,000 which will be primarily in the form of stock.
Stephen M. Thompson, Chairman and CEO, stated, "This acquisition will be a positive step towards enhancing shareholder value. As a stand-alone subsidiary, MCDI will positively impact GBS' bottom line. In addition, we will leverage the synergies between MCDI and Postal Connections by adding new product lines to our Postal Connections outlets created by MCDI."

Millennium Compact Disc Industries

MCDI (http://www.mcdiworld.com) manufactures a wide array of products including replicated CDs, DVDs, Digital Business Cards and custom printed recordable media. MCDI uses exclusive digital shape technology to manufacture Shape CD Cards, Mini Rounds and DVD Business Cards. MCDI currently generates in excess of $1,250,000 in annual sales revenues with an operating profit of approximately $150,000.

"We are excited about our new relationship with Global Business Services as it will allow us to bring MCDI products and technology to a broad new range of customers from small to mid-sized businesses," said Kenneth Spence, president of MCDI.

This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com and view the "Global Business Services" Investor Discussion and Contact Forum. Alternatively, investors can e-mail AGORA Investor Relations directly at

Source: GBNS@Agoracom