April 3 (Reuters) - Urbanimmersive Inc UI.V :
* URBANIMMERSIVE ANNOUNCES THE SIGNATURE OF A BINDING LETTER OF INTENT TO ACQUIRE TOURBUZZ, LLC, THE LEADING REAL ESTATE PHOTOGRAPHER SOFTWARE SOLUTION PROVIDER IN NORTH AMERICA
* DEAL FOR US$3.5 MILLION TO BE PAID IN CASH AT CLOSING
* TRANSACTION IS EXPECTED TO INCREASE REVENUES OF URBANIMMERSIVE IN SHORT TERM