MindArrow Systems Inc., a provider of direct digital marketing software and services, have announced that it has completed the acquisition of privately-held RadicalCommunication Inc., an end-to-end
provider of rich media software solutions based in Southern California. MindArrow acquired substantially all of the assets of Radical Communication in exchange for 1,980,000 shares of MindArrow common
stock, 135,000 shares of MindArrow Series C Preferred Stock, an unsecured subordinated promissory note from MindArrow in the aggregate principal amount of $1,000,000, and the assumption of certain
liabilities of Radical Communication.