Twelve31 Ventures and Accretive Partners form new Digital Media Company AdPointe Media, Inc.

Twelve31 Ventures and Accretive Partners announced today that they have signed a definitive agreement to form a new company to be known as AdPointe Media, Inc.  AdPointe will be run by CEO, Brad Mellott, a leader in the call center and technology industries, and which will consist of entertainment and news websites, regional sports websites and certain other digital properties. The new company will be well positioned to compete in an increasingly dynamic and competitive media and digital environment.

The combination of assets creates a leading media and entertainment company with the proven capability to provide popular entertainment, news and sports content, movies and film information to consumers anytime, anywhere. The  venture will provide consumers the broad access to content, and support high-quality, content development across internet and mobile platforms.

About Twelve31 Ventures
Twelve31 Ventures (www.twelve31ventures.com.com) is a private holding company that specializes in mergers, acquisitions and operations acquiring and operating companies in a broad range of business markets, including, restaurants, digital media and entertainment, technology, restaurants and other industries.