A & F Conveyors Limited entered into an agreement to acquire Pacific Software, Inc. (OTCBB:PFSF) in a reverse merger transaction on May 9, 2013. As a part of consideration, Pacific will issue 9 million common shares and 3 million common share warrants. Post closing and issuance of the 9 million common shares to the shareholders of A & F Conveyors Limited, Pacific Software will have 13.1 million common shares issued and outstanding.

Bruno Zuccato will remain the President of A&F and will perform his duties under the supervision of the Pacific Software Board of Directors. The closing of the transaction is subject to completion of the transaction documents and any regulatory approvals. The transaction is expected to close on or before June 14, 2013.