PrimeHoldings.com and Target Communications, LLC Announce Acquisition of New Customer and Expanded Coverage
06 April 2004 - 7:55PM
PR Newswire (US)
PrimeHoldings.com and Target Communications, LLC Announce
Acquisition of New Customer and Expanded Coverage SALT LAKE CITY,
April 6 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. , a
diversified holding company with early-mover initiatives in the
telecommunications and wireless auction space, and proprietary
restaurant and hospitality industries software and Target
Communications, LLC, its joint venture partner, today announced the
acquisition of a new telecommunications client in the South
Pacific. "I am pleased to announce that Target has signed a
contract with a new telecommunications client in the South Pacific
to handle its international long distance traffic. To date, our
client base has consisted of North and Latin companies, and we are
pleased that our service offerings are attracting interest as far
as the South Pacific region," said Thomas Aliprandi,
PrimeHoldings.com's CEO. "We expect this customer to traffic
roughly 1,000,000 minutes per month, starting immediately. This
adds about $300,000 in annual revenues to our growing company,"
said Aliprandi. "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.; Target Communications, LLC CONTACT: Tom
Aliprandi of PrimeHoldings.com,+1-801-755-6859,
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