March 29, 2004 11:04Maximum Dynamics, Inc. Announces New Commodities Business With Versa International Ltd.
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COLORADO SPRINGS, Colo., Mar 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Maximum Dynamics, Inc. (OTC Bulletin Board: MXDY), a technology solutions company focused on wireless communications and business process management services, announced today that it now has a new commodities business through a business development partnership with Versa International Ltd. (Versa).
Versa will utilize Maximum's back office services and communications systems to automate and manage the growth of its lucrative import and export business. Based on last year's revenue, this new contract is estimated to be worth over $1,000,000 USD for Maximum over the next 12 months. Through Versa, Maximum will now have offices in Kigali, Rwanda and Port Louis, Mauritius.
This contract demonstrates the strength of Maximum's project management services model. Versa has been working with Maximum in the import and deployment of both MPOS and TagNet products throughout the African continent. Versa quickly saw the value in having Maximum provide project management services to grow its commodities business. With several of Maximum's partners having strong ties in the commodities and logistics market, Versa can expand its distribution channels. Maximum can utilize an existing business and partners to help grow the business thereby requiring little additional resources. As a result, it is able to leverage its infrastructure to produce additional revenue.
"This was a great return on investment for our most recent business development trips into Kenya and Botswana where Paul (Stabnow, Maximum's CTO) and I went to negotiate the deployment and sales of MPOS and TagNet," said Eric Majors, CEO of Maximum. "Many people from the United States are entirely unfamiliar with Africa and the business opportunities here. Many countries support vast and growing economies with great demand for new technology and conveniences. We bring these products that are in great demand into these regions and turn demand into a working model for commerce."
Recently, Maximum substantially fortified its business relationships in China and Hong Kong and was planning to launch a new division of Maximum to deal with the substantial imports and exports that are emerging between China and Africa. With partners already doing this and the introduction of Versa as the major vehicle to support this, Maximum can easily launch this project and benefit from its presence on a global scale.
"After recently visiting our offices in Beijing and Hong Kong, I was very excited about what transpired in Botswana, Kenya and now Rwanda," said Paul Stabnow. "Versa already has a good business and is looking for a software system and assistance that would enable it to grow its volume ten-fold. Versa understood our presentation from the start and we were as excited as they were to not only be able to offer back office support but possible trading partners in China."
Through its use of business partnerships, Maximum has over 70 people and 15 companies in 9 countries around the world working every day on its projects. "We knew it would be worthwhile to take the time to lay the groundwork and infrastructure and it is now beginning to pay off," added Stabnow. "The revenue producing deal flow is now starting to come continuously, and that's exciting."
For more information, visit the company's website at http://www.maximumdynamics.com .
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