NEWS!!!!
Cor Equity Holdings Makes Strategic Investment in Insights Service Corporation
Business Editors
TAMPA, Fla.--(BUSINESS WIRE)--Jan. 12, 2004--Cor Equity Holdings,
Inc. (Pink Sheets:CEQH), today announced a strategic investment in
Insights Service Corporation, http://www.insights-search.com and http://www.insights-interactive.com, a Florida based staffing firm in
the process of completing an Initial Public Offering (IPO).
Chris Brown, President and founder of Insights stated: "We look
forward to a solid and rewarding relationship with Cor Equity, as well
as potential partnerships with its other portfolio companies and
clients. The confidence that they have placed in us as a company only
further validates our vision."
"We are excited about making a strategic investment in Insights
Service Corporation. The Company has a winning management team and a
strong vision to make it a success. The staffing industry is a
burgeoning market and Insights is poised for aggressive growth. In
addition to our investment, Cor Equity Holdings plans to assist
Insights in developing the infrastructure necessary to achieve the
Company's continued aggressive growth strategies," cites Pete
Veugeler, CEO of Cor Equity Holdings, Inc.
About Cor Equity Holdings, Inc.
As a publicly traded company, Cor Equity Holdings, Inc. offers
shareholders an opportunity to invest in privately held middle market
companies through ownership of our stock. Cor Equity Holdings provides
small business infrastructure, funding, and intellectual capital to
assist privately held businesses with their growth strategies and give
them access to public markets and capital not typically available to
privately held companies. We have access to a diverse base of clients
through our extensive referral network of accountants, attorneys,
business brokers, commercial and investment bankers, and private
equity and mezzanine fund managers. In addition to providing
financing, Cor Equity also offers managerial assistance, including
monitoring operations, hiring management, developing business plans,
and providing financial advice to its portfolio companies.
Those interested in receiving information about Cor Equity
Holdings, Inc. may email their request to Investor Relations at
info@corequity.com.
This press release may contain forward-looking statements covered
within the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements relate to, among other things,
plans and timing for the introduction or enhancement of our services
and products, statements about future market conditions, supply and
demand conditions, and other expectations, intentions and plans
contained in this press release that are not historical fact and
involve risks and uncertainties. Our expectations regarding future
revenues depend upon our ability to develop and supply products, which
we may not produce today and that meet defined specifications. When
used in this press release, the words "plan," "expect," "believe," and
similar expressions generally identify forward-looking statements.
These statements reflect our current expectations. They are subject to
a number of risks and uncertainties, including, but not limited to,
changes in technology and changes in pervasive markets.
--30--PP/mi*
CONTACT: Cor Equity Holdings, Inc., Tampa
Pete Veugeler, 813/261-5039
pveugeler@corequity.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: HUMAN RESOURCES BANKING
SOURCE: Cor Equity Holdings, Inc.
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Jan-12-2004 15:12 GMT
Symbols:
US;CEQH
Source BW Business Wire
Categories:
MST/I/BNK MST/L/EN MST/R/US/FL MST/S/JOB TGT/BWN