TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote ()	5/18/2000 8:14:00 AM
From: IntelliCents	of 150070

e Personnel Management.com Completes Purchase of PEO --Wholly Owned Subsidiary Earned $22 Million 1999 Annual Performa Income BUSINESS WIRE - May 18, 2000 08:08 PALM SPRINGS, Calif., May 18, 2000 (BUSINESS WIRE) -- e Personnel Management.com (OTC Bulletin Board: EPMC) a fully-reporting Professional Employer Organization (PEO) acquisition and consolidation company announced today the completed purchase of Interstate Management Services Corporation (IMSC), a PEO with an annual proforma revenue of $22 million for 1999. The initial seventy-five percent of IMSC was purchased in early April 2000. The purchase of the remaining twenty-five percent makes IMSC a wholly owned subsidiary of e Personnel Management.com The President and CEO of e Personnel Management.com, Donna Anderson stated, "The completed purchase of Interstate Management Services Corporation demonstrates e Personnel Management.com's capability of acquiring viable PEO's and consolidating them into our successfully established operational network." e Personnel Management intends to continue acquiring and consolidating PEO's with expanded sales and field service offices. Russell Ferry, PEO Division President added, "Through the completed purchase of IMSC we can now focus on a reasonable goal for 10% growth of the annual gross revenue compounded quarterly for the balance of the year 2000." The overall Professional Employer Organization (PEO) Industry currently generates approximately $24 billion and expects continued growth to $185 billion in the next ten years. About e Personnel Management.com e Personnel Management.com is actively acquiring profitable PEOs, which will be integrated into the Company. The Company plans to improve the end-to-end and e-commerce services offered by traditional PEOs so that every facet of routine payroll, benefits and human resource transactions can be accomplished on a self-service basis through Internet-delivered applications. The company website, www.epersonnelmanagement.com utilizes the cost effectiveness and diversity of the Internet to create a business-to-business integrated e-commerce employment management outsourcing company. Safe Harbor: Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements. CONTACT: For Investor Information Analyst and Brokers RTS Investment Stockcom International, Inc. Rich Sullivan Kathryn Jensen or associates 877-787-9998 877-878-6909 email: ceo@stockpr.com

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