PalWeb Corporation Retains Investor Relations Firm
DALLAS, April 3 /PRNewswire/ -- PalWeb Corporation (Pink Sheet: PAEB) PalWeb Corporation announced today that it has hired The Pinnacle Group of New York City as its financial relations counsel.
Commenting on the announcement, Paul A. Kruger, Chairman and Chief Executive Officer of PalWeb Corporation said, "We have retained The Pinnacle Group due to their outstanding track record of enhancing shareholder value for emerging growth companies in all industries. Because of the strong outlook for our business operations, we feel that now is the opportune time to increase our visibility with the Wall Street investment community."
PalWeb manufactures and markets rackable plastic pallets performance certified to ASTM (American Society for Testing and Materials) standards. To date, manufacturing and marketing efforts have been nominal while the Company is using low capacity prototype manufacturing equipment. Additional PalWeb objectives call for expanding its manufacturing capacity, multiple pallet designs, pallet lease pool services, and pallet-tracking technology to optimize product distribution.
The Pinnacle Group, based in New York City, is a full service investor and public relations agency. The Pinnacle Group currently represents over 20 emerging growth companies.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in filings with the Securities and Exchange Commission.
SOURCE Pinnacle Group
/CONTACT: Mark Cohen of The Pinnacle Group, 516-773-2477; or Paul A. Kruger, Chairman & CEO of PalWeb Corporation, 214-698-8330/
/Web site: pinnaclegroupny.com |
