Colgate Holmes, the Chairman of Glow Holdings stated, "This is a momentous occasion for Glow and its shareholders and we are thrilled to acquire the Cedar River Foods operations. This is our first step in executing our strategic plan, which is to merge with and/or acquire operating companies in key targeted business segments, to aggressively and strategically grow Glow. To achieve our goals as a company, and to facilitate growth and expand current business initiative, we intend to raise sufficient growth capital through debt and/or equity financing. Financing Glow's growth will be management's top priority for the near future.