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Thursday October 28, 2004 12:53 PM home about us faq client list recent news contact us
With Recent Success in Mexico, Jackson Rivers Plans for Introduction of STEPS to US and Canada by Jackson Rivers Company
MOUNT KISCO, N.Y.
Loyola Financial Services, Inc. Jerry Bacall, 619-209-6068 jerry@4lfs.com
The Jackson Rivers Company (OTCBB:JRVR) today announced developments with Jackson Rivers Technologies, a subsidiary of JRVR, regarding deployment of STEPS(TM) in Mexico and plans for marketing STEPS(TM) in the US and Canadian markets.
Encouraged by the reception and positive feedback by the Latin American market in regards to STEPS(TM), Jackson Rivers is pleased to announce two key additions to the team: a recognized consultant specializing in the enterprise software arena and a Director of Marketing Analytics. These industry professionals are presently developing the Go-to-Market Plan for the United States and Canada. In addition, the newly expanded team is currently in the process of refining the Business Plan and Strategy to integrate all three countries, solidifying its understanding of the North American market as it relates to the company's unique flavor of enterprise software. JRVR will be releasing more information in regards to the launch plans as they become finalized.
STEPS LATINOAMERICA SA DE C.V. has been retained by a local cell phone distributor for TelCel -- one of the largest cellular providers in Latin America -- to deploy a STEPS(TM)-based sales and inventory management system for a retail chain expected to expand to thirty outlets by year end. Initially, the cell phone distributor planned to deploy the STEPS(TM)-based software in the retail outlets and integrate the STEPS(TM) system into their existing business management software used at the main distribution center. After seeing the system developed for their retail chain, the partners elected to develop a STEPS(TM)-based system for their corporate offices and main distribution center, replacing their current system.
The company is pleased with the expanded scope of this retail chain project, deployed by its pioneer STEPS(TM) Solution Provider (SSP) in Mexico. While JRVR has focused substantial software support and development resources on this specific project, the company continues to work on the needs analysis and development of the other two STEPS(TM)-based projects mentioned in our most recent press release.
Founded in 2001, The Jackson Rivers Company is based in Mount Kisco, N.Y. with a sister office in San Diego, CA. Its principal subsidiaries are JRC Global Products, a product distribution company and Jackson Rivers Technologies, a provider of integrated technology solutions (www.jacksonrivers.net). Forward Looking Statements When used in this News Release, the words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "projected," "intends to" or similar expressions are intended to identify forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, including but not limited to the Company's history of losses and cash flow deficit; lack of liquidity; volatility of market price of common stock and warrants; possible adverse effect of penny stock rules and liquidity of the Company's securities; dividend policy; and control by directors and executive officers, that could cause the Company's actual results to differ materially from historical earnings and those presently anticipated or projected. As a result, potential investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date made.
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I've got a question for you Mustang, where did you get this news release that's dated today at 12:53. I can't find it anywhere. I checked the home site and other stock services, otc, bigcharts, for example and I can't find this news release. Help me out man, I'm lost. If this is legitimate, then this could be a really good boost for them. It really at almost the lowest point that it could go. One good news release could be atleast a double if not many more, depending on how good the news release is. Oh well, imho only. Thanks for the DD Mustang. Shadowstalker
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mustang241
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It was weird...I found it on their client's site 4lfs.com through google..but when i went to find a url...I couldn't find it again :-S, sorry about that...
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mustang241
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Another thing I should add is the red band on the MACD Oscillator crossed 0 today, with the green band dropping, which indicates a bullish trend. I did this on barchart.com Custom Chart.
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11/3/2004 8:00:00 AM MOUNT KISCO, N.Y., Nov 3, 2004 (BUSINESS WIRE) -- The Jackson Rivers Company (JRC) (JRVR) announced today that the master licensee of its STEPS(TM) software solutions in Latin America, STEPS LATINOAMERICA SA DEC.V. (STEPS LA), has been approved for participation as an authorized reseller in the Symbol PartnerSelect program. Symbol will provide data-capture solutions that provide secure real-time inventory, logistics and financial data. These data streams will feed into the supply chain management (SCM) application modules that STEPS LA provides to enable real-time visibility and management of inventory, work-order flow, accounting and financial planning functions. STEPS LA (www.steps.com.mx) is building an interface between STEPS Services(R) and the Symbol enterprise mobility product line to provide the services, software and seamless data capture technology that distribution and retail customers need to fully integrate their SCM functions. STEPS SCM Platform(TM), licensed to Jackson Rivers Technologies (JRT), a business unit of JRC that provides integrated information technology (IT) solutions, is an open-architectured development environment that allows small and medium-sized enterprises (SMEs) to tightly integrate end-to-end SCM functions throughout their distributed organizations. Unlike legacy proprietary platforms that require endless months and hundreds of thousands of dollars to deploy, STEPS is a streamlined solution that provides pre-formatted application modules that SME's require, without paying for extraneous features, development fees, and expensive IT staffs. STEPS SCM Platform enables applications that streamline work-flow from customer orders to service provisioning and final billing -- coordinating sales orders with work order requisition, inventory allocation, and invoicing/reconciliation. "For the first time, fast-growing small and mid-market companies in Mexico can now take advantage of inventory and financial management best-practices that we can provide them through applications built using STEPS," said Juan Carlos Rubin de Celis Spamer, CEO of STEPS LA. "We can now deliver affordable/mobile software solutions to manage manufacturing, warehousing and inventory operations." All STEPS solutions are based on an open-source platform. Written in Java, these solutions are interoperable with a range of operating systems, including Linux. The non-proprietary architecture of Linux allows end users to access a wide array of open-source publications, tools and services, driving down cost of deployment and future extensions and customization. Rubin de Celis Spamer said that he plans to market the solution not only in Mexico, but to other rapidly growing markets throughout Latin America and South America as well. The software suite is currently available in English and Spanish-language versions. However, a translation engine, offered as an option, can be used to deploy multiple instances of STEPS in different languages within the same enterprise. "We're delighted that STEPS LA is forging strong, strategic relationships with best-of-class business partners in Latin America," said Joseph Khan, CEO of JRT. "According to analyst forecasts, the estimated 2005 aggregate IT spend for Latin America will exceed US $33 billion, with Brazil and Mexico leading the way. Software solutions like STEPS SCM Platform, which drive information efficiencies deeper into the enterprise, will be a significant portion of that."
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