PRIM getting stronger(note bold):
(PR NEWSWIRE) PrimeHoldings to Unveil Expansion Plans for Smart Card Unit
PrimeHoldings to Unveil Expansion Plans for Smart Card Unit
SALT LAKE CITY, Aug. 6 /PRNewswire-FirstCall/ --
PrimeHoldings.com (OTC: PRIM), a diversified holding company with early-mover
initiatives in the smart card and wireless auction space, announced today that
it will unveil plans to expand its presence in the smart card industry in an
exclusive interview with the Wall Street Reporter on Wednesday.
During the interview, Ralph Adams, the Director of New Business
Development, will discuss the strategy and vision of bCard, the Company's
smart card subsidiary. Mr. Adams will unveil plans to acquire complementary
businesses in the trade show vertical. Mr. Adams will also elaborate on
initiatives to streamline the overall corporate structure to accommodate the
acquisition efforts.
"Given the recent successes of our bCard unit, we now have the opportunity
to rapidly increase market share in the smart card industry through
acquisitions," said Thomas Aliprandi, CEO of PrimeHoldings. "Mr. Adams will
spearhead the Company's drive to create a profitable leader in a very
fragmented industry."
With over 25 years of experience in the restructuring and management of
companies, Mr. Adams had previously turned around six companies from annual
losses or low profits into highly profitable businesses. Several of these
high-tech businesses supply aircraft and other technologies to organizations
including NASA and the Armed Forces.
The interview with the Wall Street Reporter will be listed and archived at
wallstreetreporter.com .
bCard is a leading provider of smart card technologies that enable clients
to manage information on attendees at corporate events and trade shows. The
Company is successfully penetrating the high-end corporate event management
industry and landing a number of new clients in the rebounding technology
sector.
About PrimeHoldings.com
PrimeHoldings.com is a technology-oriented holding company that seeks to
introduce and bring to market new e-commerce applications and business
solutions. The Company is composed of subsidiary operations: bCard, Inc.,
(www.bcard.net) a leading provider of smart-card information management
systems for corporate clients in marketing and promotions, and TimeMarker,
Inc., developer of a scalable Internet exchange platform that uses wireless
devices to provide clients with an efficient means of selling time perishable
inventory. PrimeHoldings is traded over-the-counter under the ticker symbol
"PRIM."
This news release may include statements which constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Please be cautioned that any such forward-looking statements are not
guarantees of future performance and involve significant risks and
uncertainties, and that actual results may vary materially from those in the
forward-looking statements as a result of any number of factors, including the
risk factors contained in the Company's disclosure documents. |
