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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (8165)9/30/1998 4:07:00 PM
From: Deeber  Respond to of 25711
 
Good call on PCYL...should be able to see .20 by Friday at this pace...great to make some money in these markets, wow.

Deeber
ld.net for 7.5c long distance 24/7.



To: Joe Copia who wrote (8165)9/30/1998 4:36:00 PM
From: David Sirk  Respond to of 25711
 
Wrong One here is todays!


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Wednesday September 30, 4:11 pm Eastern Time

Company Press Release

SOURCE: Pacel Corporation

Pacel Corp. Signs Letter of Intent
to Acquire Hardware/Imaging Company

MANASSAS, Va., Sept. 30 /PRNewswire/ -- Pacel Corporation (OTC Bulletin Board:
PLRP - news) announced today that it has signed a letter of intent to acquire the assets of a
privately held Virginia-based hardware/imaging company. This purchase will provide Pacel
with the ability to offer a total hardware/software solution package to clients, expansion of
markets and market share, and will result in an immediate estimated revenue increase of
approximately $3-$4 million per year. Pacel President and CEO Dave Calkins has now
projected annual revenues for Pacel to be $2.8 million in 1998 and over $5 million in 1999.

Commenting on this acquisition, Dave Calkins added, ''This represents a major step in
accomplishing our goals for 1998 and beyond. It offers the company an opportunity to truly
expand and grow revenues substantially. We expect to close the acquisition in the next 2-3
weeks.''

In addition to software development, Pacel has engaged in Services work including user
training for software programs, paper to electronic document conversion, and software
testing. Pacel has recently expanded capabilities to include custom design and development
of software and web pages. Pacel Corporation designs, develops, services, and supports
user-friendly software solutions targeted towards the utility, biotechnology, and aerospace
industries. Current Pacel clients include NASA (Columbia Space Shuttle Program),
Baltimore Gas and Electric (NYSE: BGE - news), Texas Utilities (NYSE: TXU - news),
PECo Energy (NYSE: PE - news), and George Mason University, just to name a few. For
more information on Pacel Corporation, contact President and CEO Dave Calkins at
703-257-4759.

Safe Harbor Act Disclaimer: This release may contain forward-looking statements that
involve risk and uncertainties, including without limitations, continued acceptance of the
company's products and services, increased levels of competition, new products and
technological changes, the company's dependency on financing third party suppliers and
intellectual property rights, and other risks detailed from time to time in the company's federal
filings, annual reports, offering memorandums, or prospectus.

SOURCE: Pacel Corporation

More Quotes and News:
Pacel Corp (OTC BB:PLRP - news)
Related News Categories: computers

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