(( I wrote this BEFORE I read The S Word "From: +Kailash " were typing before I types...as I typed this! this company is a OTCBB and a Junior Capital Company looking to grow by all views.))Have you folks checked out our PR Website at CCI ? The news mill appears to be starting to run.
Here is the latest goings on as we end this week:
1) The NEW websight is up ( brokerrelations.com ) and it
looks great.
2) PRTI has a new press release out and it looks like with PRTI
acquiring this new company.
PHOENIX RESOURCES TECHNOLOGIES, INC.
• All e-commerce dependent on such software.
• Copernicus Training Center tests demonstrate DBPanacea requires 75% less time for development than Cold Fusion.
• Compatible with 95/98NT, UNIX, LINUX or MAC
• Works on any webserver including Apache, InformationServer or Netscape Server.
Business: The company which PRTI has agreed to purchase, HHPN Development Corp. provides database interactivity for Web sites, using a proprietary suite of development tools code named DBPanacea. After acquisition has been completed it is PRTI's intention to market DBPanacea while concurrently seeking a buyer for the Company.
Listed: OTC Bulletin Board
Quote Symbol & Company News: PRTI
Price (01/07/00): 10
52 week range: .59 - 12
Shares Outstanding: 9,072,400 shares
Approximate Float: 1,000,000 shares
Market Cap: 9.07 Million
Website: prti.net
OVERVIEW
Although the Internet software industry is growing rapidly, and applications are proliferating at a dizzying speed, the current market for software that integrates database interactivity with Web sites, including e-commerce transaction capability, is dominated by Allaire's Cold Fusion.
DBPanacea possesses not only the primary ability to perform those tasks essential to e-commerce, but its developers claim a shorter learning curve, faster development time (more than 50%) and platform independence without recoding using 95/98/NT, Unix, Linux or Mac.
History
PRTI was incorporated in 1986 in Colorado. In June 1995 the Company was reorganized and the domicile changed to Nevada. On November 3, 1999, under new management and control, PRTI acquired the rights to purchase up to 100% of HHPN Development Corporation with operations in San Diego, CA.
HHPN had created a state of the art software application for rapid deployment of database integrated websites before the acquisition.
Business/Products
Phoenix Resources Technologies, Inc. will be launching DBPanacea, a state-of-the-art suite of development tools for deployment of database integrated websites as well as several applications with global potential. All e-commerce transactions on the Internet are dependent on such software. DBPanacea is in its final stages of testing/completion and launch. Early beta testers were impressed and recommended several inexpensive, yet powerful features that HHPN has incorporated.
Management fully expects to make a major impression in the world of high-end web development. Current competition includes Microsoft's InterDev (Nasdaq: MSFT) and Allaire's Cold Fusion (Q: ALLR). These companies are noted solely as product comparisons. Their respective software is sold to Independent Service Providers (ISP), mid/high level website developers and firms desiring to integrate complete database functionality including e-commerce transaction capability into their websites.
DBPanacea may have noticeable advantages over competitors including faster development, shorter learning curve and consequently lower overall development costs. In addition, applications developed with DBPanacea are platform and database independent.
Sites developed with DBPanacea can run on NT, UNIX, LINUX or MAC without recoding, using SQL, Sybase, Oracle or any other database engine. The software works on any webserver including Apache, Information Server, Netscape Server or any other server that supports servlets.
Most noteworthy was the test at Copernicus Computer Services Training Center where the objective was to determine an obvious speed advantage given to developers using DBPanacea. The summary results had the InterDev developer partially completing the test in five hours, the Cold Fusion developer taking 2.5 hours to complete and the DBPanacea developer completing the application with an overwhelming advantage of only 37 minutes.
The Market
Considering the average e-commerce site can cost $100,000 or more to develop, savings in time and money are considerable and should ensure rapid market acceptance when DBPanacea is released.
HHPN is currently working on a $200,000 contract developing an online membership registration and management system using DBPanacea. Six additional contracts are in negotiation.
Phoenix president Ben Traub says, "I wouldn't be surprised to see DBPanacea quickly take leadership in the world of web development where e-commerce functionality and database integration has become increasingly important."
Management
Ben Traub is the President and CEO of Phoenix Resources Technologies. Mr. Traub was the founder and former owner of "Imagenation" Media Corp., one of Western Canada's largest direct marketing agencies. He has taught advanced courses in relationship marketing at Simon Fraser University in cooperation with the Federal Business Development Bank and has taught his proprietary and innovative marketing techniques to thousands of senior marketing executives. He has produced a cassette and video series entitled "How to build a million dollar marketing plan" and written dozens of articles and two mini books on the same subject. He is the former Sales Manager for a marketing subsidiary of MacLean Hunter and the former Marketing Director of Consumers United.
Judee Fayle, Secretary/Treasurer brings over 20 years of well-rounded securities experience to the board. This experience includes three years with in a Canadian Stock Exchange's Listings Department as an Assistant to Listings Officer and seven years as Manager of the administration for a management company to a number of publicly trading companies in which she also held various directorships.
Robert Seitz, Director, brings to Phoenix Resources Technology, his repeated success in launching start-up companies through the OTC bulletin board. He adds his extensive design and set-up work on several e-commerce websites.
Financial Status
PRTI has agreed to acquire 100% of the private DBPanacea web development company, HHPN Development Corporation, for $177.5 million. The initial $2.5 million is directed towards marketing and working capital. The $175 million will be paid to the current owners of HHPN.
Competitor Cold Fusion's owner Allaire, (NASDAQ/ALLR) closed at $141 3/8 on January 14, 1999.
Suitability
DBPanacea offers a clear advantage in rapid website development through the following attributes:
As little as two days DBPanacea software training for web-development proficiency.
Increased speed of development by at least 50% above other competitors.
Savings in training and time-to-production for rapid website development can equate to reduced expenses and increased profitability.
CONTACT US
For additional information contact John King at:
Creative Consultations International
888-353-5210.
email: cci@vcnet.com
This release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ for reasons that include but are not limited to political and economic conditions in the countries in which the Company does or intends to do business, regulatory action, product pricing and competitive market conditions.
DISCLAIMER: Information displayed by CREATIVE CONSULTATIONS INTERNATIONAL does not constitute on offer to buy or sell securities (stocks). CREATIVE CONSULTATIONS INTERNATIONAL does not recommend that any person(s) or institution(s) make buying or selling decisions due to any material on this site. All visitors to this web-site are strongly urged to consult a qualified financial professional before forming any opinions, making any decisions, or taking any actions in regards to information included on this web-site. CREATIVE CONSULTATIONS INTERNATIONAL accepts no responsibility for any investment decisions and we again strongly urge everyone to consult a financial professional before doing so.
Safe Harbors: etc see Disclsoures at Website above.
And or CCI / herein
Chucka(( Personal SEC Disclosure as per myself and PRTI, None. )) I work for CCI though. I just wanted to bring you folks to the attention of BROKERRELATIONS.com and some threads I write on as disclosed herein at S.I.
Subject 33343
Members of S.I. above and Non Members Below URL to AEAM that New Electric Car Company I am Paid to promote, so join in:
Subject 33343
siliconinvestor.com
My New Website With Current SEC Disclosures:
home.earthlink.net
also visit CCI:
brokerrelations.com
Chuck Marshall ( Charles H if you want to be formal- )
P.S.- Good going Phoenix Resources Technologies !(( I started out in Resources Technologies of a DIFFERENT type a few years ago:
xts.net One of our first Claims Outside of PHX leased since 1997...and retained for a future! )) Now, I do PR. I like the history of the reverse I just read of the head man, I never talked to him, but; I think I will some day! |
