Interactive Systems Worldwide, Inc signed a Memorandum of Understanding to acquire Kenilworth Systems Nevada Corporation from Kenilworth Systems Corp. for $1.1 million.

Interactive Systems Worldwide, Inc signed a Memorandum of Understanding to acquire Kenilworth Systems Nevada Corporation from Kenilworth Systems Corp. (OTCPK:KENS) for $1.1 million in shares and warrants on December 10, 2014. The Interactive Systems Worldwide, Inc's securities are scheduled to be distributed to the Kenilworth Systems Corporation shareholders after December 31, 2014.