Millenium Holding Group, Inc. Announces Signing of Contract With Compushare, Inc.
LINCOLN, Neb., Aug 2, 2001 (BUSINESS WIRE) -- Millenium Holding Group, Inc. (Pink Sheets:MNHG), announces the contracting of Compushare, Inc. of South Coast Metro, California, an Information Technology Consulting and Solutions firm for the financial industry to provide network and security infrastructure consulting.
Mike Hershberger, CIO of Millenium Holding Group, Inc., said, "Millenium is excited about working with a company as qualified and professional as Compushare." Mr. Hershberger went on to state, "We believe our partnership with Compushare increases our ability to succeed in our new financial arena. By working closely with Compushare, we expect nothing less then complete success in setting up our network and security infrastructure."
"Compushare is pleased to add Millenium to our family of clients," said Romir Bosu, President and CEO of Compushare, Inc. "Our strategic positioning in providing Information Technology Solutions to Community Banks will be strengthened by helping Millenium design, develop and maintain their mission critical network systems. By implementing the network and security infrastructure and providing all of the related documentation, Millenium will have a significant competitive advantage in providing services to their clients. We look forward to a mutually beneficial long-term relationship with Millenium."
About Compushare
Compushare, Inc., is a full service systems integration and professional services firm specializing in providing Information Technology Consulting and Solutions for the Financial Industry. We are dedicated to helping our clients discover, plan, implement, execute and support mission critical business systems to meet the ever-growing demands of capable and secure network-centric operations.
Whether the core financial applications are provided in-house or through a Service Bureau, Compushare can deliver comprehensive, state-of-the-art System Design, Integration, Consultative Solutions, Support, Services, as well as System Integrity and Security Assessments.
For additional information, please visit www.compushare.com
Millenium Holding Group, Inc. (Pink Sheets:MNHG) is a publicly traded and fully reporting financial services Company in early stage development. The passage of the Financial Modernization Act (Gramm-Leach-Bliley Act) will radically overhaul the nation's banking, insurance and securities markets. The Act allows one Company to possess all three disciplines. Millenium Holding Group, Inc. intends to, and is actively pursuing the creation of an Internet National Bank and an Internet Insurance Company. It is also exploring the possibility of forming or acquiring a Broker Dealer in order to service the securities market.
Forward Looking Statements. This Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "plan," "expect," or similar expressions, and are subject to numerous known and unknown risks and uncertainties. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this Release, including the above matters and in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
CONTACT: Millenium Holding Group, Inc., Lincoln
Investor Relations:
Richard Ham, 402/434-5690
E-mail: investor-relations@mnhgroup.com
Website: www.mnhgroup.com
or
Compushare, Inc.
Media Contact:
Lisa C. Fierro, 714/427-1012
lfierro@compushare.com
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