PrimeHoldings.com and Target Communications, LLC Announce Approximate 25% Increase in Target's Second Month's Revenues
SALT LAKE CITY, June 3 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. (OTC Bulletin Board: PRIM.PK), a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries and Target Communications, LLC, its joint venture partner, today announced an approximate 25% increase in Target's second month's revenues."We received Target's unreviewed numbers for its second month of operations today and we were quite pleased with an approximate 25% increase over last month's revenues. We had customers that were ready to move their international traffic to Target, but waited until our new access server was operational. We expect these customers to come on board this month," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"This is quite remarkable since we have only been in business a little over 70 days. We hope to have our reviewed numbers available in the next few days and we will post the final results on our web site as soon as we receive them," said Aliprandi.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
SOURCE PrimeHoldings.com, Inc.; Target Communications, LLC
-0- 06/03/2004
/CONTACT: Tom Aliprandi of PrimeHoldings.com.Inc., +1-801-755-6859,
ir@primeholdings.com/
(PRIM)
CO: PrimeHoldings.com, Inc.; Target Communications, LLC
ST: Utah
IN: CPR TLS FIN HOU RST MLM
SU:
GS
-- NYTH114 --
6491 06/03/200412:23 EDThttp://www.prnewswire.com
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
