Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (81248)	3/5/2001 1:46:02 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

TMGS news The Murdock Group Announces Internet Subsidiary CareerWebSource Signs 27 Units of the National Guard Business Editors/High-Tech Writers SALT LAKE CITY--(BUSINESS WIRE)--March 5, 2001--The Murdock Group Holding Corp. (OTC BB: TMGS), Monday announced its subsidiary, CareerWebSource, has now signed contracts and received first payment from 27 of the 104 National Guard units in the United States. The contracts, under which CWS builds online career sites for the Guard, generate revenues of approximately $20,000 a month or approximately $250,000 annually. "The company is proud to be partnered with the National Guard and will continue efforts to partner with the remaining 77 units in the coming months. This partnership is one of several that we anticipate will allow us to complete our push for positive cash flow and profitability initiatives that kicked off in September 2000. "We believe that the revenue potential in our career niche is substantial and we hope to maximize both our revenue growth and profitability in fiscal year 2001," noted KC Holmes, chief executive officer of The Murdock Group. About CareerWebSource CareerWebSource provides employment resources to a growing number of online markets including recruiters, corporate HR departments, universities, civic centers & associations. Leveraging the vast resources available on the Internet, CareerWebSource has compiled and cataloged a database of over 24,000 different career resources. These resources, combined with original articles, surveys and expert advice, are customized for each career center to bring relevant, local career information to each site. The company's first commercial web offering, MyJobSearch.com was launched in July of 1999 and has become one of the top 15 web destinations for online jobseekers, according to Forrester Research. Backed by The Murdock Group's 18 years of career training experience, CareerWebSource has distinguished itself as the trusted provider of online job search information and advice. About The Murdock Group Founded in 1983, The Murdock Group has emerged as a business incubator with emphasis in the employment industry. The Murdock Group has incubated Internet offerings MyJobSearch.com, an employment portal, and CareerWebSource, a BtoB employment information company, as well as a full-service brick and mortar career-coaching provider. The Murdock Group also has a real estate development group specializing in small- to mid-sized entitlement projects. Forward-Looking Statements. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. While these statements are made to convey the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual company results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. A more extensive listing of risks and factors that may affect the business prospects of the company and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. --30--clf/ix* CONTACT: The Murdock Group, Salt Lake City Stephen Fitzwater, 801/268-3232 sf@murdock.com www.murdock.com KEYWORD: UTAH INDUSTRY KEYWORD: E-COMMERCE GOVERNMENT HUMAN RESOURCES INTERNET MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *