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PACEL Corp. Announces New Revenue Source 12/22/05
CHARLOTTE, N.C., Dec 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- PACEL Corp. (OTC Bulletin Board: PCCN) announces today the implementation of a new revenue source. PACEL will provide operational support for other Professional Employer Organizations (PEO).
PACEL has developed a highly efficient operations center as a result of the management improvements made in the last year. In order to generate additional revenue from their existing infrastructure, PACEL developed the ability to provide operational support to other PEO's. This product allows PACEL to expand their revenue base without incurring significant start up expenses associated with new markets.
"We are excited about this opportunity," stated Gary Musselman, President PACEL Corp. "This product allows PACEL to increase our revenue with very little upfront expenses. We believe this complements our existing services and benefits both PACEL and the client PEO."
Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by forward-looking statements, including the impact of competition, the success of existing and new product releases, the management of our growth, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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