PrimeHoldings.com Completes Acquisition of Cost Control Corporation SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that it completed the acquisition of Cost Control Corporation. "We are very happy to finally complete the Cost Control acquisition and add Cost Control to our company," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Cost Control's products are innovative and proprietary to the restaurant/hospitality space and represent a great opportunity for our company to expand its business very quickly into these highly profitable industries," said Aliprandi. "Cost Control is equally enthused about aligning with PrimeHoldings.com, since it is a public company with the ability to help us improve our product development and capitalize our joint marketing efforts," said Spencer Taylor, Cost Control's CEO and President. "We have been working on this acquisition for some time, and with shareholder support it finally came together very quickly," added Aliprandi. "We have many marketing programs we intend to implement with our companies. With our products, Prime's longevity in the marketplace, its valuable management resources and its ability to help market out products, thereby enhancing and expanding our marketing contacts and capabilities, webelieve that together we can become the preeminent provider of management software to the restaurant and hospitality industries in the United States," said Taylor. Effective with the acquisition, Cost Control Corporation is subsidiary of PrimeHoldings.com, Inc. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements. DATASOURCE: PrimeHoldings.com, Inc. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-755-6859,

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