NEWS is out on Firamada !!!
Firamada, Inc. Announces Accounting Firm
NEW YORK--(BUSINESS WIRE)--May 22, 1998--Firamada, Inc. today released the name and contact information of the Company's accounting firm. Firamada also announced that Steve Corso, a partner from the accounting firm will be present for Firamada's scheduled conference call next Thursday, May 28th.
The accounting firm representing Firamada is:
Merdinger, Fruchter, Rosen and Corso, P.C.
688 Seventh Avenue
New York NY 10106.
(212) 757-8400
Contact: Steve Corso
Mr. Corso is scheduled to answer shareholder questions on next Thursday's conference call hosted by Preferred Financial at 4:15pm ET.
Firamada also announced today that their transition team is rapidly implementing necessary operational changes. Firamada's new President Randy Malinoff said, "We are putting into effect management, data-gathering, and accounting changes which will result in all information from our various divisions dove-tailing into our New York office. This direct flow of information will allow us to eliminate misinformation being disseminated to the public as we will have immediate access to all business and accounting information."
Mr. Malinoff concluded by saying, "We are putting Firamada on a strict exercise program which will create faster and stronger growth for our Company. We strongly believe the shareholders will appreciate seeing a new level of accountability and follow-through."
Firamada will release updates on the Company's business as events and progress warrant.
Firamada, Inc. (OTC Bulletin Board: FAMH - news) is a national staffing company specializing in providing high-end temporary staffing, Information Technology (IT) placements, employee leasing and permanent placement personnel. Firamada's staffing locations include New York, Texas, Arizona, Missouri and California. Additionally, Firamada underwrites outside payroll financing for other staffing companies and re-insures workman's compensation plans. Firamada, Inc. also is co-producing the upcoming nationally syndicated Morton Downey, Jr. Television Talk Show.
This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission.
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