Pacel Corporation Initiates Aggressive Public Relations Campaign
MANASSAS, Va., Mar 21, 2002 (BUSINESS WIRE) -- Pacel Corporation (OTCBB: PLRP)
today announced that it has retained the services of Global Marketing Management
in its efforts to become more widely known to the investment community. Through
an aggressive public relations and marketing effort, Global Marketing Management
will assist the company in implementing investor relations and financial media
relations programs that will allow the company to communicate more effectively
with existing investors and to attract new investors on a continuous basis.
Speaking of Global Marketing Management, CEO David Calkins said: "We are
extremely pleased to have them aboard as this will allow the company to focus
its efforts on facilitating the rapid growth of our existing business plan. As
word spreads of our increasing sales, impressive relationships, and high-quality
proprietary software, we are quite confident that PACEL will be more recognized
by the investment community."
Pacel Corporation would also like to announce that contrary to a report on
OTCfilings.com, the company will not be implementing a reverse split. CEO David
Calkins said, "We have no intentions of executing a reverse stock split at this
time. We will take all necessary actions to ensure the immediate clarification
of this matter."
About Pacel Corp.
Pacel Corporation, headquartered in Manassas, VA, is a software applications
development company specializing in the provision of innovative software
products for clients in the commercial, industrial and government arenas.
Forward-Looking Statements
When used in this document and in our filings with the Securities and Exchange
Commission, in our press releases, or other public or shareholder
communications, and in oral statements made with the approval of an authorized
executive officer, the words or phrases "will likely result," "are expected to,"
"will continue," "is anticipated," "estimate," "project," or similar expressions
are intended to identify "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements are subject
to certain risks and uncertainties that could cause our actual results to differ
materially from our historical results and those we presently anticipate or
project. You should not place undue reliance on any forward-looking statements,
which speak only as of the date made. Various factors could affect our financial
performance and cause our actual results to differ materially from any opinions
or statements we express with respect to future periods in any current
statements. These factors include, but are not limited to, the following:
increases in our operating expenses outpacing our revenues; our inability to
expand our sales and distribution channels, the failure of strategic
relationships to implement and protect our software products, the failure of
third parties to develop software components necessary for the integration of
applications using our software; and the use of our intellectual property by
others.
CONTACT: Global Marketing Management, Orlando, Fla.
John Overlie, 407/657-8000
URL: businesswire.com |
