11/17/03 - 3/24/04 aren't on primeholdings.com anymore, the newer ones are.
PrimeHoldings.com, Inc. Announces Successful Conclusion of Cost Control, LLC's Testing and Acquisition of First Paying Customer
SALT LAKE CITY, UT -- (MARKET WIRE) -- Nov. 17, 2003 --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the successful completion of its joint venture partner, Cost Control, LLC's, proprietary restaurant and hospitality software's beta testing and the acquisition of Cost Control's first paying customer.
"With the successful completion of our proprietary software's beta testing at two high end restaurants in Park City, Utah, we feel that the bulk of the hard work is behind us," said Spencer Taylor, Cost Control's, and Managing Partner. "We have always known that our software and hardware applications are unique to the hospitality industry and our innovative technology will modernize many aspects of the way that restaurants and clubs manage their businesses." "Going 'live' in Salt Lake City -- in that we are no longer offering our products for free -- is an important milestone for us," said Gary Marshall, Cost Control's Chief Technology Officer.
"Now that we have signed our first paying customer that will purchase a suite of products from us, we can kick off our marketing efforts, initially by marketing our products to the many fine restaurants and hospitality clubs in Salt Lake City," said Marshall. "We are now looking to PrimeHoldings.com to help us define our markets and go after them with great zeal," said Taylor. "We have always known that Cost Control has distinctive and ground-breaking products that the hospitality industry would embrace, once tested, and we are glad that Cost Control has taken the time and that together we have directed the capital to test Cost Control's products adequately. Because these products can streamline any restaurant or club's operation and improve its cash flow without greatly adding to its monthly costs, we believe that virtually every restaurant and club in America -- from the chain store to the small 'mom and pop' restaurant -- can afford and will benefit from Cost Control’s products," said Thomas Aliprandi, PrimeHoldings.com’s President and CEO. "In fact, our philosophy at Prime is 'how can any restaurant afford NOT to have Cost Control's products.'"
"With the testing behind us, we hope to conclude our acquisition of Cost Control before the end of the year," said Aliprandi. "Becoming part of Prime is a priority for us and completing this transaction this year will be propitious," concurred Taylor. Once acquired, Cost Control, LLC will become a wholly owned subsidiary of PrimeHoldings.com.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About Cost Control Cost Control, LLC. is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company.
SOURCE: PrimeHoldings.com, Inc. Alexander Lindale L.L.C. Signs One Year Contract With Prime Holdings.Com Inc.
DRAPER, Utah, Dec. 19 /PRNewswire-FirstCall/ --
Alexander Lindale L.L.C., is pleased to announce that a contract has been signed between Alexander Lindale L.L.C. and Prime Holdings.Com Inc. to provide services in the areas of information dissemination and financial assistance. Alexander Lindale L.L.C. will provide services for one year and will charge $120,000.00 to be paid in 12 equal payments in either stock or cash.
Alexander Lindale L.L.C. retains the right to hire third party contractors and consultants to assist in the performance of its duties. These contractors may also be paid in cash or stock of the company.
Alexander Lindale L.L.C. is a privately held Limited Liability Corporation based in Colorado, with offices in Draper, Utah. To date Alexander Lindale L.L.C. has purchased several million shares for cash and has also received shares for services.
This press release is to be treated as an information release only and is designed to conform to rule 17B under the Securities Exchange Act of 1933 and rule 3b-6 under the Securities Exchange Act of 1934. Alexander Lindale L.L.C. and its affiliates are independent contractors with the above named company, for services related to the dissemination of information about the company, and are compensated for their performance in either cash or stock of the company. Though Alexander Lindale L.L.C. is not considered an "insider," Alexander Lindale L.L.C. purchases stock of the company under rule 504, and resells it to purchasers on the market. Alexander Lindale L.L.C. may retain up to a 9% shareholder position in the company mentioned herein. CONTACT: Alexander Lindale L.L.C., +1-801-201-4691
PrimeHoldings.com, Inc. Announces Completion Date of Joint Venture Partner Cost Control, LLC's Software Product
SALT LAKE CITY, Jan. 15 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the targeted completion date of January 30, 2004 for its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product.
"We recently finished testing our proprietary restaurant software in two restaurants in Park City, Utah, and we have been working through some of the 'bugs' over the past 6 weeks, " said R M Cassel, Cost Control's, Spokesman. "We now have our software to a point that we can announce, without reservation, that Version I will be completed and ready for marketing by January 30, 2004," said Cassel "On Prime's side, we initiated negotiations this past week with two very high profile companies, engaged in providing innovative products and services to the restaurant and hospitality industries.
These companies are highly interested in taking our product to restaurant vendors, individual restaurants, hotels and casinos and to large national restaurant chains. They both feel that there is a need for a product such as our product in the hospitality industry and that our product may well fill the need," said Thomas Aliprandi, Prime Holding's CEO.
"As I studied the reports generated during the product's testing period, I am amazed how simple our product is but yet how profoundly its implementation can affect a restaurant's 'bottom line,'" said Aliprandi. "We are gearing up right now to 'kick off' our proprietary software product and services package at the three big leisure and restaurant shows this spring, summer and fall," said Aliprandi. "I have been in the restaurant business for many years," said Cassel, "and now that our product is nearing final completion, I am anxious to reopen my restaurant Rolodex and jump into sales," Cassel concluded.
"In addition to completing the software by January 30, we hope to have our acquisition of Cost Control concluded by the end of February. Our efforts have been focused on finishing the software's Version I and with that winding up, we want to finish our acquisition," said Aliprandi. "We are all anxious to join the PrimeHoldings family as soon as possible," said Cassel. Once acquired, Cost Control, LLC will become a wholly owned subsidiary of PrimeHoldings.com.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About Cost Control Cost Control, LLC is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi, PrimeHoldings.com, +1-801-637-1561,info@primeholdings.com
PrimeHoldings.com Signs Letter of Intent to Acquire Briza Technologies, Inc.
SALT LAKE CITY, Jan. 20 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the signing of a Letter of Intent by its wholly owned subsidiary, TimeMarker, Inc., to acquire Briza Technologies, Inc., a Hillsborough, NJ based corporation that conceives and manufactures wireless credit card payment solutions and Internet security devices.
PrimeHoldings.com, Inc. today announced that its wholly owned subsidiary, TimeMarker, Inc., signed a letter of intent to acquire Briza Technologies, Inc. and that TimeMarker will hold it as a subsidiary. Briza currently contracts with foreign-based corporations to perform credit card billing services over a wireless platform.
"TimeMarker is an early developer of wireless Internet exchange technology enabling location-based, dynamic pricing of time-perishable goods and services and developed several unique and ground-breaking products-primarily in the golf industry -- over the years that use a wireless platform," said Thomas Aliprandi, PrimeHoldings' CEO.
"We have been looking for some time to find a candidate for TimeMarker to acquire so that we can use its experience and infrastructure to build and market new products that require a wireless platform," said Aliprandi.
"Several months ago Ashlin Capital in New York City, which has facilitated the acquisition, initiated talks between our company and Briza Technologies and we finally reached an acquisition agreement comprised primarily of a stock for stock exchange, that will benefit both Briza Technologies and PrimeHoldings," said Aliprandi.
"Briza Technologies develops wireless credit card payment solutions and has associated itself with top-level experts in the various fields of wireless, information technology, electronics manufacturing and credit card processors in order to successfully advance and implement its wireless credit card payment SMS Solutions," said Ivan Silva, Briza's president and CEO. "We have been working on several contracts that involve completing mobile network applications to process credit card transactions over our wireless billing platform, and providing full ISO 8583 (the standard option for financial institutions' communications with EFT networks, switch processing and POS devises) connectivity to banks and wireless companies.
This merger with TimeMarker will help us from a manpower and capital standpoint and will allow us to finish the products in a shorter time frame," said Silva. "PrimeHoldings and its people have been in this business for quite some time and will assist us in not only finishing the Brazilian contract, but also concluding negotiations for other, highly profitable international contracts similar to our development and processing agreement in Brazil," said Silva. "I believe that there is great synergy between what TimeMarker has done and what we can do in the future. I anticipate a very lucrative future for our two companies, " said Silva.
"We have great plans and opportunities for developing and promoting Briza Technologies' products domestically and internationally. We hope to complete this transaction as soon as possible," said Aliprandi. About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions.
The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services.
TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries.
Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America.
CONTACT: Tom Aliprandi for PrimeHoldings.com, Inc., +1-801-637-1561; orDiogo Silva for Briza Technologies, Inc., +1-908-904-4472
PrimeHoldings.com Launches New Website
SALT LAKE CITY, Jan. 22 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the today announced the launch of its new website.
"We have wanted to update and upgrade our website for some time," said Thomas Aliprandi, PrimeHoldings.com's CEO. "With our new marketing initiatives, new products and pending acquisitions, we want our website to reflect our commitment to place our products and services in diverse marketing channels so we can reach as many people as possible," said Aliprandi.
“Visitors to our website will soon find it more user friendly, more informative and more relevant to our current condition and better displays our present progress and position," said Aliprandi. "In addition, we will be expanding our shareholder section to disseminate news to our shareholders and interested investors about our current news, subsidiaries and new products," said Aliprandi.
"We are excited to unveil our new website as it is and as it will become a more accurate refection of our present company. The site will help us tell our 'story' better in the coming months," concluded Aliprandi.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." CONTACT: Tom Aliprandi of PrimeHoldings.com, Inc., +1-801-637-1561
PrimeHoldings.com, Inc. Announces Completion of Joint Venture Partner Cost Control, LLC's Software Product
SALT LAKE CITY, Jan. 26 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the completion of its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product.
"When we announced earlier in the month that we intended to have Version I of our proprietary software product completed by month's end, I was not sure we could meet that goal; however, the final phases of testing and implementation went so smoothly and we had so few problems, that we beat our intended date by almost 5 days," said R.M. Cassell, Cost Control's Technology Advisor.
"When Cost Control informed me last Friday that the software's Version I would be live on January 26, I escalated negotiations with several potential distributors and end users," said Tom Aliprandi, PrimeHoldings.com's CEO.
"We believe that we will have a significant sale of our product and services in the coming weeks," said Cassell, "because it is easy for a restaurant, club or casino to invest the money in our software when our tests have shown a significant decrease in a restaurant's costs when using our software and a corresponding increase in its net profits." "We have invested time and hard earned capital in this project and we are delighted that Cost Control's testing finished so successfully, that the software product performed better that we anticipated and that we met the completion deadline ahead of schedule," said Aliprandi.
"Now we will start marketing this highly useful restaurant product to the 'mom and pop' restaurants, large chain restaurants and casinos in the mountain west and pacific regions. We also want to acquire Cost Control quickly so that we can market its products under the PrimeHoldings.com's corporate umbrella more effectively," said Aliprandi.
Once acquired, Cost Control, LLC will become a wholly owned subsidiary of PrimeHoldings.com.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM". About Cost Control Cost Control, LLC is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-637-1561,info@primeholdings.com
PrimeHoldings.com, Inc. to Introduce Joint Venture Partner Cost Control, LLC's Software Product at the Hospitality Industry Technology Exposition Conference (HITEC) and International Food Service Technology Exposition (FSTEC) Restaurant and Hospitality Shows
SALT LAKE CITY, Jan. 27 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced its intent to introduce its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product at the Hospitality Industry Technology Exposition and Conference (HITEC), http://www.hitec.org/ and International Food Service Technology Exposition (FSTEC), http://www.fstec.com/ Restaurant and Hospitality Shows.
HITEC will be held this year in Dallas on June 21-24, 2004 and is comprised of over 250 exhibitors occupying 600 booths.
The HITEC exhibition showcases hospitality technology and the latest high-tech innovations that are integral to the restaurant and hospitality industries. FSTEC is held in Orlando, Florida on October 24-27 and will comprise over 200 exhibitors, and will also introduce new technologies for the restaurant and hospitality industries.
FSTEC's founding sponsors are IBM, MICROS Systems and Microsoft Corporation. "HITEC and FSTEC are the two premier restaurant and hospitality shows both domestically and internationally. Any company that has a new hardware or software innovation or product for these industries wants to debut it at these shows and make it known to the attendees in these industries, as the attendees are the decision makers for their represented companies, restaurants, etc.," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We have not been able to attend technology shows for the last couple of years; but we are committed to take our software product to both the HITEC and FSTEC to make our presence known in this industry," said Aliprandi.
"Cost Control will help us prepare the best and most effective presentation of our software product at both HITEC and FSTEC and we believe that these highly respected and well attended restaurant technology shows will launch our product very successfully," said Aliprandi.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About Cost Control Cost Control, LLC. is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi of PrimeHoldings.com, info@primeholdings.com Web Site: http://www.primeholdings.com/ http://www.hitec.org/ http://www.fstec.com/
PrimeHoldings.com and Briza Technologies Commence Testing Briza Technologies' Proprietary Enhanced Text Messaging and Micro Payment Services Product
SALT LAKE CITY, Jan. 29 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space and proprietary restaurant and hospitality industries software, today announced that Briza Technologies, Inc., which is to be acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, commenced testing and marketing Briza Technologies' proprietary enhanced text-messaging and micro payment services product, known as Recadinhos.com, to the Brazilian community in the New York tri-state area.
Briza Technologies, Inc., is a Hillsborough, NJ based corporation whose primary business is the conception and manufacturing of wireless credit card payment solutions and Internet security devices, to be marketed internationally and domestically.
Briza Technologies launched its text-messaging service (Recadinhos.com) in July of 2003. The mobile text-messaging service offered by Recadinhos.com is a pre-paid international text messaging and micro-payment service that is currently providing service primarily to the Brazilian communities in the United States and to Brazil.
"With almost 184 million people, Brazil is one of the largest countries in the world, but only about 32 % of Brazilian homes have computers, and only 24% have Internet access; however, 66% of Brazilian homes have at least one prepaid mobile telephone," said Ivan Silva, Briza Technologies' President and CEO.
"Recadinhos.com allows not only instant mobile telephone text-messaging between Brazilians in the U.S. and third parties in Brazil, but it also allows Brazilians in the U.S. to send money (as little as $10.00) to a third party in Brazil directly from their cellular telephones, paying only a few cents for the transaction.
Conventional money transfer agencies are very expensive and do not transfer such small amounts. Brazilians in the U.S. currently send several billion dollars to third parties in Brazil annually, paying hundreds of millions in transfer fees," said Silva. "When fully deployed in Brazil, the Briza network will also allow Brazilians who receive credit transfers from the U.S. to use the Recadinhos.com technology to electronically pay for a wide variety of goods and services, including their own prepaid cellular telephones," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"This is one of the primary reasons we are so excited about our new relationship with Briza. Briza's micro technology alone will save U.S. Brazilians wanting to send money home to Brazil, millions of dollars in transfer fees, but allow Briza to capture significant revenues," said Aliprandi "Recadinhos.com currently has connectivity to six million cellular telephone users in Brazil and once in place in Brazil, we plan to expand the text-messaging and micro-payment services throughout South America," said Silva. "By TimeMarker acquiring us, we will have the infrastructure and ultimately the capital to greatly expand Recadinhos.com's customer base, and at the same time demonstrate to our new partners the existing connectivity already available to Briza in Brazil, the versatility of our products and the great expansion potential in South America and other foreign markets," said Silva. "We are working tirelessly to have the full technological potential of Briza deployed in a very short time.
The Recadinhos.com technology is only a single, small component of the Briza technology base that will bring fresh business and ultimate profits to our company. We are eager to complete the Briza acquisition as quickly as possible," said Aliprandi.
Once acquired, Briza Technologies will be a wholly-owned subsidiary of TimeMarker, Inc.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-637-1561,info@primeholdings.com
PrimeHoldings.com, Inc. Announces First Sale of Joint Venture Partner Cost Control, LLC's Software Product
SALT LAKE CITY, Feb. 3 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction space and proprietary restaurant and hospitality industries software, today announced the first sale of its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product. Cost Control announced that it signed its first contract, Friday, January 30, 2004, with Swiss Management, LLC, owner of a two-location restaurant in Utah.
Under the terms of the one-year contract, Swiss Management agreed to license Cost Control's restaurant inventory product. "We have been talking to the Swiss Management owners for the past several weeks setting the expectation that we would be ready to install our product sometime in February," said R.M. Cassell, Cost Control's Technical Advisor.
"By completing the final testing of the product earlier than anticipated, we successfully secured Swiss Management as our first client under a one-year licensing agreement." "What I find amazing is that we signed our first contract a day before the product's projected completion date," said Thomas Aliprandi, PrimeHoldings' CEO. "This instant interest, recognition and acceptance of our software product by Swiss Management portend great things for our current and future business." "We believe that we will sign up a high percentage of the restaurants that we now have on our radar screen to visit in the coming months," said Cassell.
"With PrimeHoldings' help as a joint venture partner during these past several months, we have finished our beta testing, proven our concept and made our first sale; The entire process proceeded much faster than we anticipated," added Cassell. "We look forward to a long relationship with PrimeHoldings."
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM". About Cost Control Cost Control, LLC is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-755-6859, orinfo@primeholdings.com
PrimeHoldings.com and Briza Technologies Initiate Deployment of Briza Technologies' Proprietary Micro Payment Services Product in Brazil
SALT LAKE CITY, Feb. 5 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc., which is to be acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, is prepared to beta test its Short Message Service (SMS) wireless credit card verification technology in Brazil. Briza Technologies, Inc. is a Hillsborough, NJ based corporation whose primary business is the conception and manufacturing of wireless credit card payment solutions and Internet security devices.
"Having successfully completed live Internet alpha demonstrations of our encrypted SMS credit card data capture technology solutions technology, we are now prepared to initiate a full beta test in Brazil and deploy our technology immediately", said Ivan Silva, Briza Technologies' President and CEO. Briza Technologies' Encrypted SMS credit card verification solution is a patent pending technology that provides more secure and faster validation time for credit card transactions than the widely used dial up system and requires no dedicated phone lines to process the transaction.
"Our solution is built on top of existing and extremely reliable SMS infrastructure that is also currently used for cellular telephone communication," added Silva. "This makes our technology solution the most likely choice for credit card companies wanting to tap into the emerging wireless credit card charge verification market, once the platform is ready for full commercial application."
"We are thrilled at how quickly Briza's product sailed through alpha testing," said Thomas Aliprandi, PrimeHoldings CEO. "We believe that Briza's product will be embraced in Brazil and other South American countries, since SMS technology is readily available and because of the ever-expanding use of mobile telephones around the world. With this technology's presence in our initial Brazilian market, capacity and coverage for Briza's wireless data application will never be an issue and it is anti-obsolescent since it is already compatible with 3G, the third generation wireless technology."
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-755-6859 info@primeholdings.com P
PrimeHoldings.com and Briza Technologies Sign Letter of Intent With Tele Celular Sul Participacoes S.A. to Use Briza Technologies' Short Message Servicing (SMS) Solutions to Recharge Prepaid Mobile Telephones
SALT LAKE CITY, UT -- (MARKET WIRE) -- Feb. 09, 2004 --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc. has signed a Letter of Intent with Tele Celular Sul Participacoes S.A. to use Briza's SMS payment solutions to recharge pre-paid mobile telephones. Briza Technologies, Inc., is a Hillsborough, NJ based corporation whose primary business is the conception and manufacturing of wireless credit card payment solutions and Internet security devices. Briza Technologies, Inc. is being acquired by TimeMarker, Inc., a wholly-owned subsidiary of Primeholdings.com. Tele Celular Sul Participacoes S.A. a Brazilian digital cellular telephone company, has a market cap of $491.23 million and had gross revenues of $348.05 million for the trailing twelve months as of September 30, 2003 (Source: Yahoo Finance).
"Brazil has about 184 million people, and 66% of Brazilian homes have at least one prepaid mobile telephone. Currently, most of the prepaid cellular telephones are recharged using pre-paid scratch-off cards that are costly production items for the wireless operators," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Rather than selling prepaid cards to cellular telephone users, vendors will accept cash and enter the customer's account number and the payment amount into Briza's point of sale wireless, encrypted payment solution devices that immediately recharge cellular telephones through its wireless network linkage," explained Briza-Technologies CEO, Ivan Silva. "We are extremely pleased by the rapid progress that we are making toward the full deployment of Briza's SMS payment solutions with a full agreement between Briza and Tele Celular expected before the end of the month," said Aliprandi.
"We have been working diligently to get Briza's payment solutions network fully deployed in Brazil while concurrently finalizing TimeMarker's acquisition of Briza."
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security device that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. SOURCE: PrimeHoldings.com, Inc.
PrimeHoldings.com and Briza Technologies Announce the Signing of a Letter of Intent to Acquire IT-Bibow INFO, Ltd.
SALT LAKE CITY, UT -- (MARKET WIRE) -- Feb. 17, 2004 --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc., which is being acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, signed a Letter of Intent to acquire IT-Bibow INFO, Ltd., a Brazilian information technology services company.
Briza Technologies is a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices. IT Bibow was founded in 1995 by a group of Brazilian professionals with significant combined experience in information technology, law and accounting.
"Once the acquisition is complete, IT-Bibow will become a fully owned subsidiary of Briza-Technologies and the company name 'IT-Bibow' will be changed to reflect Briza's brand name," said Ivan Silva, Briza's President and CEO. "Mr. Bibow, founder and Executive Director of IT-Bibow, will remain with the new company as Vice President after the acquisition is complete,'" said Thomas Aliprandi, PrimeHoldings' CEO. "His experience as a registered CPA in Brazil and expertise with local tax laws and regulations will further strengthen all of Briza's business activities in Brazil."
"Also included in the post-acquisition management team will be Mr. Felipe Moura as Senior Vice President and Chief Technology Officer," continued Aliprandi. "Mr. Moura brings a wealth of experience into our new company. He is a former Executive Vice President in Latin America for Band-X (a Goldman Sachs and Morgan Stanley telecom trading company) and also served as Business Development Coordinator for Vesper (a Qualcomm and Bell Canada voice operator and Internet provider in Brazil).
Mr. Moura is well qualified as he has a bachelor's degree in electrical engineering from the Aeronautics Institute of Technology, a postgraduate degree in Optical Integrated Circuitry from the same institution and a Master's degree in Information Technology. Mr. Moura is experienced in Java-based systems, web services, cryptography, digital signature, distributed systems, complex algorithms, communications networks, artificial intelligence, and optic-electronics in the field of high-speed data communications. Both Messrs. Bibow and Moura will report to Mr. Silva, Briza's President and CEO." "With the additions of Mr. Bibow and Mr. Moura to our company, our management infrastructure will be virtually complete," said Silva. "I look forward to working with the new team."
"We anticipate that this acquisition will be completed on or before March 1, 2004," added Aliprandi.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 SOURCE: PrimeHoldings.com
PrimeHoldings.com and Briza Technologies Acquire IT-Bibow, and Sign Letter of Intent for Product Development with Federal University of Brazil
SALT LAKE CITY, Feb. 26 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that Briza Technologies, Inc., which is being acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, completed the acquisition of IT-Bibow INFO, Ltd., a Brazilian information technology services company. Briza Technologies is a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices.
"With IT-Bibow as a wholly owned subsidiary of Briza Technologies, Briza is now commercially operational and ready to do business in Brazil. Because IT-Bibow 's senior professional and technical executives remain in their current positions, post acquisition, Briza will be able finalize negotiations and sign several significant revenue-generating agreements with strategic partners in Brazil that we have been working on for the past several weeks. This will allow us to roll out Briza's and IT-Bibow's proprietary products in Brazil expeditiously," said Thomas Aliprandi, PrimeHoldings' CEO.
"Briza's proprietary technology easily lends itself to a myriad of consumer product and service applications. That is why the Brazilian Government-owned Federal University of Santa Catarina wants to join with Briza to develop our products and apply them to these diverse and specific markets. The University is a major technological institution with extensive experience in information technology, systems and automation," said Ivan Silva, Briza's President and CEO.
"We signed a letter of intent for this purpose and intend to have a fully executed joint development agreement in place in March.
This partnership will assist us not only in the immediate application of our patent pending technologies to a wider variety of products, services and customers, but will also improve and expand Briza's range of technology by initiating new information technology research projects directed, documented and completed by several of the University's hand picked masters and doctoral candidates," said Silva.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM". About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America.
PrimeHoldings.com and Briza Technologies Announce the Signing of a Letter of Intent with Valista
SALT LAKE CITY, March 9 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that Briza Technologies, Inc., which is being acquired by PrimeHoldings.com, signed a Letter of Intent with Valista to evaluate a possible joint venture relationship between Valista and Briza Technologies to operate top-up channels such as Wireless Application Protocol (WAP), web Short Message Service (SMS), Subscriber Identity Module (SIM) Toolkit, ATM and scratchcard on Briza's single platform for mobile prepaid applications.
Briza Technologies is a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices. Valista was formed in 2003 as a result of a merger between Network 365 and iPIN and is currently is the leading provider of electronic and mobile payments software for electronic and mobile commerce worldwide.
An award winning global company, Valista is headquartered in Ireland with offices in Europe, Japan, Asia, the US and Latin America.
Valista currently has more than150 million users with over 1000 blue-chip merchants using its merchant integration technology. Merchants using Valista applications include: Vodafone, NTT DoCoMo, France Telecom w-HA, Orange, Wanadoo, Tiscali, T-Online (France) 3 (in eight countries), Hong Kong CSL, 02, General Motors and TODO1 (North and South America). "Because Valista's premier products include micro and macro-payments, multi-channel top-up, service delivery, user-profile management, cash replacement, support multiple access channels and payment models that allow consumers to effect payment transactions wherever and however they choose to pay, these products would be an excellent compliment to Briza's current and future payment solutions business," said Briza Technologies' CEO, Ivan Silva.
"We are now reviewing a draft of the proposed joint venture agreement with Valista. Because Valista's suite of products comprise the only scalable and deployable technologies that support content and functionality delivery over all the global networks, including 2G, 2.5G, 3G, and the WAP, web, I-mode, J Sky Web, SMS and MMS, an agreement with Valista will certainly enhance Briza's SMS payment solutions technology, inhibit obsolesce and facilitate the full roll out of Briza's payments solution network," said PrimeHoldings' CEO, Thomas Aliprandi.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 PrimeHoldings.com and Briza Technologies Sign Agreement With Tele Celular Sul Participacoes S.A. to Use Briza Technologies' Short Message Servicing (SMS) Solutions to Recharge Prepaid Mobile Telephones SALT LAKE CITY, March 16 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc., which is being acquired by PrimeHoldings.com, has signed an agreement with Tele Celular Sul Participacoes S.A. to use Briza's SMS payment solutions to recharge pre-paid mobile telephones in Brazil. Briza Technologies, a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices, is being acquired by PrimeHoldings.com, Inc. Tele Celular Sul Participacoes S.A., a Brazilian digital cellular telephone company , has a market cap of $491.23 million and had gross revenues of $347.52 million in 2003. "The signing of this definitive agreement with Tele Celular Sul to recharge pre-paid mobile telephones in Brazil is a major step for Briza. By the terms of the agreement, Briza will build its own distribution channels, and will receive commissions on each cellular telephone recharge and will also receive commissions for recharges sold within Tele Celular Sul's existing distribution network using our solutions," said Ivan Silva, Briza's President and CEO. "This means that we can roll out Briza's technology and generate immediate revenues, with a longer term view to the larger potential of Brazil's 47 million prepaid cellular telephone customers," said Thomas Aliprandi, PrimeHoldings.Com's CEO. "Once Briza's SMS payments solution technology is fully implemented and functioning at its highest qualitative capacity with Tele Celular Sul, our platform will have the capacity to handle other multi-dimensional payments solutions for a diverse variety of clients, including banks, nationwide in Brazil and across all of Latin America," said Silva.
PrimeHoldings.com Completes Acquisition of Cost Control Corporation
SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that it completed the acquisition of Cost Control Corporation.
"We are very happy to finally complete the Cost Control acquisition and add Cost Control to our company," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Cost Control's products are innovative and proprietary to the restaurant/hospitality space and represent a great opportunity for our company to expand its business very quickly into these highly profitable industries," said Aliprandi.
"Cost Control is equally enthused about aligning with PrimeHoldings.com, since it is a public company with the ability to help us improve our product development and capitalize our joint marketing efforts," said Spencer Taylor, Cost Control's CEO and President. "We have been working on this acquisition for some time, and with shareholder support it finally came together very quickly," added Aliprandi. "We have many marketing programs we intend to implement with our companies. With our products, Prime's longevity in the marketplace, its valuable management resources and its ability to help market out products, thereby enhancing and expanding our marketing contacts and capabilities, we believe that together we can become the preeminent provider of management software to the restaurant and hospitality industries in the United States," said Taylor. Effective with the acquisition, Cost Control Corporation is subsidiary of PrimeHoldings.com, Inc.
PrimeHoldings.com Launches Cost Control Corporation's Website
SALT LAKE CITY, March 23 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the launch of its subsidiary Cost Control Corporation's new website.
"We have been working on this website for some time but we did not want to launch it until our transaction with Cost Control was finished," said Thomas Aliprandi, PrimeHoldings.com's CEO. "The new website also introduces Cost Control's new logo, corporate identity and the name of its proprietary software, 'Busboy.' Anyone interested can access the website via http://www.busboytech.com/," said Aliprandi. "We chose 'Busboy' as our software's name, because in a restaurant setting, a good busboy will do the bulk of the work but will never really get the recognition. Just like our software, a good busboy helps a restaurant's operation run smoothly and makes it possible for all employees do their jobs more effectively. Our Busboy software helps a restaurant, club or bar run more efficiently and it will do the majority of the restaurant's accounting, ordering and financial management, without any fanfare.
A hard working busboy and our hard working Busboy software -- we like the imagery. We believe that the Busboy will be the linchpin to any well run food service operation," said Spencer Taylor, Cost Control's President and CEO. "Now that Version I of Busboy is done, we have our first sale in place and our website is finished, we are anxious to open the marketing floodgates and start placing this great product in as many locations as possible this next year," said Aliprandi.
PrimeHoldings.com Announces Joint Venture Partnership with Target Communications, LLC Wednesday
March 24 2:15 pm ET SALT LAKE CITY, March 24 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that it signed a joint venture partnership with Target Communications, LLC, a facilities-based telecommunications company focusing on international voice and data communications, with offices in Boca Raton, Florida and Houston, Texas.
"I mentioned in my last two shareholder letters, posted on our website, that an opportunity recently became available for Prime to form an alliance with a facilities-based long distance telecommunications company. This opportunity came to fruition approximately two weeks ago and we completed a joint venture agreement with Target Communications, LLC.," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Target's principals have many years of successful experience in the telecommunications industry. Target's initial long distance business is in Mexico and Latin America. Target commenced communications traffic last Friday and it has grown every day, generating revenues literally in its first minutes of operation," said Aliprandi.
"The international telecommunications industry is a multi-billion dollar business and we believe, with the depth and breadth of Target's principals' contacts, that we can capture a significant percentage of this dynamic and ever-growing business," concluded Aliprandi.
PrimeHoldings.com and Briza Technologies Estimate Revenues Under Tele Celular Sul Participacoes S.A. Agreement
SALT LAKE CITY, March 25 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, and Briza Technologies, Inc., which is being acquired by PrimeHoldings.com, today released estimates of expected revenues under the Tele Celular Sul Participacoes S.A. contract. Briza Technologies, a Hillsborough, N.J.-based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices, is being acquired by PrimeHoldings.com, Inc. Tele Celular Sul Participacoes S.A., a Brazilian digital cellular telephone company , has a market cap of $491.23 million and had gross revenues of $347.52 million in 2003.
"Last week we signed a definitive agreement with Tele Celular to recharge pre-paid mobile telephones in Brazil. Tele Celular, under the terms of the agreement, agreed to allow Briza to market to its existing distribution network," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Now that we have evaluated the strength of this contract and calculated the expected revenues from it, we believe that Briza and Prime will receive revenues in excess of $3,000,000 during this coming year," said Ivan Silva, Briza's President and CEO. "Of course, these are estimates, but they are based on empirical data and our own financial projections," said Silva.
"From a marketing perspective, this is a great start for Briza in this SMS payment space because once we prove out the business model with Tele Celular, we can duplicate this model with many other companies and customers in South and Central America," said Aliprandi. "We have everything in place to take advantage of this arrangement and bring profits to the bottom line for Briza and Prime," said Silva.
PrimeHoldings.com Announces First Week's Revenues of Joint Venture Partnership With Target Communications, LLC
SALT LAKE CITY, March 25 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced its joint venture partner, Target Communications, LLC's first week's revenues. "Because Target Communications is a facilities based telecommunications company, and because its principals commenced operations with the right client base and contacts, it has trafficked over 1,000,000 minutes of long distance, primarily in two Mexican cities, the first week of business.
This equates to approximately $15,000 in gross revenues," said Thomas Aliprandi, PrimeHoldings.com's CEO. "If business were to remain static for the next 12 months, this will result in approximately $780,000 in revenues. However, Target's business is anything but static; we believe that business will grow, if not exponentially, consistently and significantly every month for the next 12 months," said Aliprandi.
"We are excited to watch this business gain momentum every day. We, at Prime, understand telecommunications and we are glad to be involved with a company that knows how to build and profit daily from telecom. I am anxious to begin reporting constant and increasing revenues to our shareholders," 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.
PrimeHoldings.com and Target Communications, LLC Announce New Corporate Office and Acquisition of New Customer
SALT LAKE CITY, March 26 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the formation of its corporate headquarters and the acquisition of several new clients.
"Initially, we did not expect our joint venture telecommunications business to take off so quickly, but the events of the past week forced us to accelerate our plan. Consequently, we decided to establish our corporate headquarters in Boca Raton, Florida, as South Florida is a perfect location from which to direct our international telecommunications business, commencing in Mexico and Central and South America," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We plan to make further enhancements to our technical operations center in Houston, Texas also in the ensuing weeks to help mange the increase of international telecom traffic," said Aliprandi. "Additionally, we have secured contracts with several large telecom clients and testing is currently underway and progressing very well. Based upon representations from these clients, the telecommunications traffic which will be handled by Target's network represents tens of millions of minutes monthly and revenues in the hundreds of thousands. These new clients accelerate our business plan much faster that anticipated, but since Target is a facilities based telecom company, it can easily handle the additional traffic," concluded Aliprandi.
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. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-755-6859, orir@primeholdings.com
PrimeHoldings.com, Inc. Completes Acquisition of Briza Technologies, Inc.
SALT LAKE CITY, March 29 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced its acquisition of Briza Technologies, Inc. Briza Technologies, a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices. "From the moment we signed a letter of intent to acquire Briza Technologies in January of this year, Briza and its management has been in South America, developing technologies, signing license and marketing agreements, making acquisitions and developing state-of-the-art enhanced text-messaging and micro payment services products. In fact there has been such a flurry of positive and financially profitable activities that we have not had the time to complete Prime's acquisition of Briza," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We decided last week to finish our transaction and attack the many markets waiting for Briza's proprietary products," said Aliprandi. "With the signing of the Tele Celular Sul Participacoes S.A. contract to use our SMS technology, the acquisition of IT-Bibow INFO, Ltd. (a Brazilian information technology services company), the signing of a letter of intent to license software products, the signing of a letter of intent with the Brazilian Government-owned Federal University of Santa Catarina to develop market Briza's products jointly-since January 2004, our proprietary technology is being marketing in a myriad of channels and is finding applications in numerous consumer product and service industries we did not foresee last year," said Ivan Silva, Briza's President and CEO.
"This business really exploded when we decided to partner with PrimeHoldings and take advantage of its management expertise and contacts worldwide. With Prime's support and direction, we have done some incredible things very quickly," said Silva. "We are now evaluating our many opportunities and building financial projections to chart our progress for the next 3 quarters. We plan to generate revenues quickly and sustain our growth through focused sales and marketing as well as continued acquisitions," said Aliprandi. Effective with the acquisition, Briza Technologies, Inc. will be a subsidiary of PrimeHoldings.com, Inc.
PrimeHoldings.com and Target Communications Announce Increase in Traffic/Revenue and New Client Acquisition
SALT LAKE CITY, March 30 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced a significant increase in telecommunications traffic handled by Target's network.
Telecommunications traffic for the most recent two-day weekend (27th and 28th of March) increased by over 20% versus the previous weekend. Target's network processed 571,008 minutes versus 473,516 minutes the previous weekend. Consequently, revenues have remained on track with the increase in traffic. "The sharp week-to-week growth suggests that there is pent-up demand for our services," said Thomas Aliprandi, PrimeHoldings.com's CEO.
In addition, the joint partners have closed another sizable contract to handle traffic to key cities in Mexico, including: Mexico City, Guadalajara, Monterrey, Puebla, Queretaro, Aguascalientes, Chihuahua, Nuevo Laredo, Ciudad Juarez, Durango, Leon, San Luis Potosi, Saltillo, Toluca, Tijuana, Torreon, and Zacatecas. "We are very excited about the brisk pace of new client wins and expect the trend to continue," added Mr. Aliprandi. "As a facilities-based telecom company, Target offers an infrastructure that can easily handle tens of millions of minutes every month and has attracted request for proposals from Tier One telecommunications companies looking to expand into Latin America."
PrimeHoldings.com and Target Communications, LLC Announce Target's First 10-Day's Revenues
SALT LAKE CITY, March 31 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, and Target Communications, LLC, its joint venture partner, today announced revenues for the first 10 days of Target's operation.
"When we began operations 10 days ago, we believed that we would be able to chart our revenues' course for the next year based on how we performed during this first 10-day period. Results have far exceeded our expectations," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Revenues for the first 10 days were $30,843, equating to over $3,000 per day, from the day we opened our doors.
If our business remains constant and we do not bring on any more business from this point forward, we will realize revenues in excess of $1,000,000 this year. Based on how fast we have grown, we will now revise our business plan to account for explosive growth-not steady growth," said Aliprandi.
"Obviously, our business will not remain level and we will exert our efforts to add new business and additional traffic every week. If our performance thus far is a reflection of our future business, we will have a very profitable year in 2004," said Aliprandi.
PrimeHoldings.com, Inc. and Briza Technologies Sign Letter of Intent with the Universidade do Vale do Paraiba (UNIVAP) in Sao Paulo, Brazil
SALT LAKE CITY, April 1 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and its subsidiary, Briza Technologies, Inc., signed a letter of intent with Universidade do Vale do Paraiba's(UNIVAP) Research and Development Center to initiate joint technology development and marketing.
Briza Technologies, a Hillsborough, NJ based corporation, is a subsidiary of PrimeHoldings.com. Its primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices, marketing primarily in Latin America.
UNIVAP's Research and Development Center is located in Sao Jose dos Campos, Sao Paulo State, Brazil. "UNIVAP is a significant educational and technological institution in Sao Paulo State, which is the largest Brazilian industrial, commercial and financial center, with extensive experience in many areas of strategic interest for Briza," said Ivan Silva, Briza's President and CEO.
"We signed a letter of intent for a 'technological cooperation and development program' and intend to execute a joint development agreement by the end of May, 2004." "As per our research and development plans, this partnership with a major University will help us expand the immediate application and marketing of our patent pending technologies to a wider variety of products, services and customers, as well as improve and enlarge Briza's range of technology by initiating new information technology research projects, the development, testing and ultimate marketing of which will be completed in Latin America's most strategic locations," added Mr. Silva.
"We are excited about this new contract with another major university in Brazil. With the university's assistance, we will be able to develop and improve our current products quickly and inexpensively. We will be connected to an existing sales and marketing channel in the very market that we want to take advantage of," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com and Target Communications, LLC Acquire 2 New Customers
SALT LAKE CITY, April 1 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the acquisition of 2 new clients.
"This week Target negotiated and signed contracts with 2 new clients to handle their international long distance traffic. Preliminary indications show that they will move about 3,000,000 combined minutes per month through Target's network, with revenues of about $75,000 per month. The annual revenue from these 2 new customers, assuming that they do not add any additional traffic with Target, will add approximately $900,000 to our annual revenues," said Thomas Aliprandi, PrimeHoldings.com's CEO. "By showing these customers the high quality of our network and providing them with competitive pricing, we feel confident they will increase their traffic steadily as the year progresses.
Because of our joint venture partner Target's enviable relationships and contacts in the telecommunications industry, we have had immediate growth and success. We plan to build on this advantage and expect to add customers, minutes, and revenues consistently," said Aliprandi.
PrimeHoldings.com, Inc. and Cost Control Corporation Announce New Pricing and Satellite Offices
SALT LAKE CITY, April 2 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, and its subsidiary, Cost Control Corporation, today announced a new pricing structure. Doing business as Busboy Technologies (http://www.busboytech.com/), Cost Control also announced the establishment of corporate offices in Salt Lake City, Utah.
"The last few months have been quite exciting for us at Cost Control. In rapid succession, we finished our flagship product, BusBoy software, tested it successfully, signed our first contract, finished our merger with Prime and put together the nucleus of a marketing team to go out and sign up customers," said Spencer Taylor, Cost Control's President and CEO.
"Now, because of the tremendous interest in our product, we need to expand our office space as we begin to execute on our business plan," added Mr. Taylor. "We are taking new offices at the Wells Fargo Building in Salt Lake City to allow us to grow with our company." "In concert with the move to new offices, Cost Control modified its products' pricing structures to anticipate the needs of current and future customers," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Originally, our business plan was based on flat pricing for all customers. This made the product financially inaccessible to many potential customers. With that in mind, we restructured the pricing to offer 2 payment plans: one plan is a flat price plan that bills the customer the same amount every month; the second plan assesses a lower monthly base payment along with a percentage of the customer's measurable, monthly savings attributable to our software product," explained Mr. Taylor. "While eligibility for the second payment plan is based on strict criteria, it enables some of our customers to pay for the product from the savings they realize," said Taylor.
"Currently, we require a $300 initial set-up fee and a minimum $150 monthly fee. We are confident that we can easily save a property from 8 to 10 percent monthly and hope that more potential clients will consider the benefits of the monthly savings payment plan," said Aliprandi. "Ultimately, we believe that a larger client base will generate a more robust revenue stream."
PrimeHoldings.com and Target Communications, LLC Announce Acquisition of New Customer and Expanded Coverage
SALT LAKE CITY, April 6 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the acquisition of a new telecommunications client in the South Pacific.
"I am pleased to announce that Target has signed a contract with a new telecommunications client in the South Pacific to handle its international long distance traffic. To date, our client base has consisted of North and Latin companies, and we are pleased that our service offerings are attracting interest as far as the South Pacific region," said Thomas Aliprandi, PrimeHoldings.com's CEO. "We expect this customer to traffic roughly 1,000,000 minutes per month, starting immediately. This adds about $300,000 in annual revenues to our growing company," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Add Four New Cities to Telecommunications Network
SALT LAKE CITY, April 7 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of 4 new cities to its telecommunications network in Mexico.
This week, Target completed another phase of its network expansion strategy. With the addition of 4 additional cities to the existing network in Mexico -- Tampico, Tuxtla Gutierrez, Villahermosa and Guanajuato -- the company's product offering continues to become significantly more appealing to its target telecommunications market. These four new destinations will be able to process approximately 2.4 million minutes of long distance voice and data traffic generating about $60,000 per month in additional revenues.
"Although I have been involved in various aspects of telecommunications for quite some time, I was unprepared for the daily, consistent, and exciting growth that this business can realize when the right people run a facilities based telecom company," said Thomas Aliprandi, PrimeHoldings.com's CEO. "It seems that every day there is great news that eclipses the previous day's good news. With the addition of these 4 Mexican cities, our coverage expanded significantly in Mexico. The projected $720,000 of annual revenue will greatly enhance the base of revenue currently being generated by the company," said Aliprandi.
PrimeHoldings.com Announces Placement of BusBoy Software Product into High-End Salt Lake Restaurant
SALT LAKE CITY--(BUSINESS WIRE)--April 14, 2004—
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Cost Control Corporation, today announced the deployment of its proprietary restaurant software product, BusBoy software, into the high-end Panini restaurant located in Salt Lake City, Utah.
"The Panini restaurant represents an ideal location to install BusBoy and to measure the product's operational and financial impact on the restaurant," said Spencer Taylor, Cost Control's President & CEO. "Since we made our first product sales and launched the BusBoy Technologies website, we have wanted to find a single unit restaurant in Salt Lake City with an already successful operation that would allow us to demonstrate all the capabilities of BusBoy."
Panini is styled as an Italian seafood restaurant offering a menu of outstanding continental cuisine. The restaurant is located on Salt Lake's historic Main Street and overlooks the Gallivan Center Plaza at the true heart and center of downtown Salt Lake City. Last year, Panini was voted the best new restaurant in Salt Lake City.
"We are a relatively new restaurant, and as such, we need to control our costs as much as possible," explained Kevin Packer, Panini's General Manager. "This is the perfect way for us to see if we are making the right purchasing decisions." "We want Panini to be our flagship installation--a restaurant that covers all of the aspects of dining from fine dining, to quick serving, to a full service bar," said Tom Aliprandi, PrimeHoldings.com's CEO. "We will direct potential customers to Panini as a reference and expect to get positive recommendations. We believe a recommendation from a food and beverage operation such as Panini will help our marketing and sales efforts," added Mr. Taylor.
PrimeHoldings.com and Target Communications to Acquire Additional Network Equipment to Meet Demands of New Business
SALT LAKE CITY, April 19 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and its joint venture partner, Target Communications, LLC, today announced their intent to procure additional equipment to meet the demands of Target's growing telecommunications business.
"Our business has grown so rapidly that it has become necessary for us to acquire equipment that was not intended to be in place until third quarter," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Our expansion of the network consists of a is a high-density, carrier-class gateway that offers unparalleled capacity and high availability.
This equipment is specifically designed to meet the demands of large, innovative service providers, supporting up to five channelized T3's (CT3s of data, voice, and fax services, on any port at any time). It also offers high-availability features such as hot-swap on all cards, load-sharing and redundant hot-swappable power supplies, redundant route-processing cards and call-admission control to ensure 99.999-percent availability," said Aliprandi. "The new equipment will be located in Houston, Texas at the Houston Technical Operations Center -- Target's international gateway to Latin America. The unit is capable of handling 2,688 simultaneous calls and can process approximately 40 million minutes of traffic per month. We didn't believe that we would need this server until late summer, but our business demands dictate that we must have it now. We will complete this transaction by the end of the week; however, business is increasing so rapidly that we now believe we will need to add additional network equipment this summer," concluded Aliprandi.
PrimeHoldings.com and Target Communications, LLC Announce Target's First Month's Revenues
SALT LAKE CITY, April 22 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Target Communications, LLC, its joint venture partner, today announced revenues for Target's first month's unauditied revenues.
"Since Target opened its doors for business 30 days ago, we have been amazed at its fast and sustained growth. We were surprised that our first month's revenues equaled approximately $86,300 with over 6,700,000 minutes of traffic.
We intend to have audited numbers available next week and provide space on PrimeHoldings' website so that shareholders and interested parties can go online and review Target's audited numbers regularly. We have engaged an accounting firm in Boca Raton to audit Target's financial statements and provide the data for Prime to post on its website," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Now that Target is ready to acquire additional equipment to handle more traffic, we expect its revenues to increase next month. It is quite astonishing to see how quickly this business has grown and to see the potential contracts Target has in its pipeline for the coming months," said Aliprandi.
PrimeHoldings.com, Inc. Appoints Interim CFO
SALT LAKE CITY, April 28 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in telecommunications and proprietary restaurant and hospitality software today announced the appointed of Curtis Bateman as the company's interim CFO.
"For the past two years our company has needed a financial professional to help us manage the fiscal aspects of our business. We are finally in a position to appoint Curtis Bateman as our interim CFO. Mr. Bateman will help us reestablish financial systems and policies and oversee Prime's financial business," said Thomas Aliprandi, PrimeHoldings.com's CEO. Mr. Bateman's diverse career includes financial management, sales and marketing expertise and significant operational experience.
Mr. Bateman has worked as a consultant, helping large and small companies establish internal processes and financial controls, business reporting and data analysis and protocols for management accountability and forecasting. From 1995 to 2003, Mr. Bateman worked for Sandlot Corporation, a large international software development company, working in the capacity as Vice president and ultimately Director of European Operations. During this time, he was based in England where he oversaw all of the company's business in Europe. During his tenure, Sandlot's revenues increased 100% internationally. Mr. Bateman received a Bachelor of Science form Brigham Yong University and a Masters of Business Administration from the University of Utah. "I like Curtis' unique blend of financial and operational experience. He also lived in South America for some time and speaks fluent Portuguese, which will help us manage Briza's interests in Brazil better," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Release First Calendar Month's Revenues
SALT LAKE CITY, May 4 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today release Target's first calendar month's revenues. Target's first calendar month, April 1 - April 30 revenues were $88,300.
"We wanted to measure the first calendar month's revenues so that we can better project the next three month's revenues. We are definitely on the upswing. We are adding new customers regularly and we do not see this letting up in the near future -- we expect it to increase," said Thomas Aliprandi, PrimeHoldings.com's CEO. "In fact, we handled over 710,000 minutes of traffic this last Saturday and Sunday, May 1-2. These were the two largest revenue days in our short history. Our first calendar month's revenues were excellent but we anticipate increasing our numbers this next month -- especially with our great start this past weekend," said Aliprandi.
PrimeHoldings.com and Target Communications Acquire Additional Network Equipment to Meet Demands of New Business
SALT LAKE CITY, May 5 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and its joint venture partner, Target Communications, LLC, today announced their acquisition of additional Network Access Equipment to expand current business. "Not long after we started processing traffic, the rapid growth dictated that additional network equipment would be required well before our projections indicated. This high-density, carrier-class gateway, is very difficult to obtain" said Thomas Aliprandi, PrimeHoldings.com's CEO.
"This equipment will support up to five channelized T3's (CT3' of data, voice, and fax services)," said Aliprandi. The gateway will be located in Houston, Texas at the Houston Technical Operations Center. The server will be able process approximately 40 million minutes of traffic per month. The equipment is currently being configured and should be operational by the end of next week. "Now that we have the equipment in place, we anticipate we will need additional equipment by July of this year," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Announce Engagement of Accounting Firm
SALT LAKE CITY, May 12 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Target Communications, LLC, its joint venture partner, today announced the engagement of an accounting firm in Boca Raton, Florida to review and verify its revenues for shareholder or interested parties' review.
Target also announced its revenues for the first week of May. Target's revenues for its first week in May were $27,934, which translates into a monthly run rate of approximately $120,000. "The first week in May's revenues are approximately 42% higher than the same period last month and we anticipate this percentage increase to carry through the month," said Thomas Aliprandi, PrimeHoldings CEO.
"Also we are engaging an accounting firm in Boca Raton, Florida to perform on-going accounting services. The firm will verify Target's revenues and we will post them on our website in a designated location so that our shareholders and all interested parties can keep track of Target's remarkable growth," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We have set very specific fiscal objectives for Target in the next 12-month period and we want our shareholders to chart our progress with us weekly. We feel that this is another step towards keeping our shareholders informed relative to the very specific operations and successes of our company, our subsidiaries and our joint venture partners," said Aliprandi.
PrimeHoldings.com and Busboy Technologies Announce Joint Marketing Agreement
SALT LAKE CITY, May 13 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Busboy Technologies, Inc., a PrimeHoldings.com subsidiary, announced the signing of a joint marketing agreement with Fried Pickles, LLC, a company that markets and sells a proprietary point of sale software product to the restaurant and hospitality industries. "Fried Pickles has been operating for about two years and we have been aware of its product and customer base. It presently has over 50 restaurant, bar and nightclub customers and all of these are prime potential customers for BusBoy," said Spencer Taylor, Busboy Technologies' President.
"Fried Pickles has a lot of momentum right now because we are successfully operating in many diverse restaurant and bar locations. We love Busboy's suite of products and expect to market these to our current customers. With Fried Pickles' software product and Busboy's restaurant management tools, I believe that we can capture a great deal of business very quickly. We are very anxious to market Busboy's products and in turn have Busboy's salespeople sell our point of sale software product," said David Andrews, Fried Pickles' Executive Vice President. "Aligning Busboy right now with Fried Pickles is very good for Busboy. It has an existing customers and experience in selling software solutions to the very customers we have on our marketing radar screen," said Thomas Aliprandi, PrimeHoldings' CEO.
Busboy Technologies Adds Co-Location Server
SALT LAKE CITY, June 1 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Busboy Technologies, Inc., a PrimeHoldings.com subsidiary, announced the addition of a co-location server with Blue Host / Hosting Solutions to meet expected traffic and provide system redundancy.
"We are very close to completing several contracts that will require additional server space. We have been working with Blue Host/Hosting Solutions for the past several months and we are pleased with its exceptional equipment (it has an OC-48 Backbone connection) and the hands on service it offers its customers and partners," said Spencer Taylor, Busboy's CEO. "The equipment is secure with system backups. With the amount of sensitive information we hold about our customers and their operations, Blue Host is the right choice for us for a co-location server," said Taylor.
"Reliability is the key to success on the Internet. With Blue Host's quality redundant systems we can be sure that our data is always available for both our customers and us. Security, redundancy and availability are significant issues these days and our restaurant customers are quite concerned about this issue. Blue Host provides the solution to assuage our customers concerns, thereby making our current sales and marketing efforts easier and less complicated," said Thomas Aliprandi, PrimeHoldings' CEO.
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. (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.
PrimeHoldings.com Announces Acquisition of 264 New Busboy Technologies' Customers at HITEC Show
SALT LAKE CITY, July 6 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Busboy Technologies, today announced the acquisition of 264 new customers at the HITEC hospitality show in Dallas this past weekend. "We used the premier hospitality show, HITEC, to launch our Busboy suite of products. The response was overwhelming!" said Spencer Taylor, Busboy's President.
"We expected to sign up 20 or 30 new customers, but our booth overflowed all weekend with club and restaurant owners looking for better software management products solutions to help run their businesses. By the end of the show, we signed up 264 new customers." "Demand for our products at the HITEC show exceeded even our most optimistic projections," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We knew there was a need in the hospitality and restaurant industries for customized software management tools to help these businesses run more cost efficiently-but the number of customers that we signed up exceeded the high end of our sales targets by nearly 800%," said Aliprandi. "With this kind of immediate success at the HITEC show, we have set higher expectations for customer acquisition at the Western Food Expo in Los Angeles later this summer and the FSTEC show in Orlando in October," added Taylor. "Our financial projections show Busboy Technologies financially self-sufficient with positive revenues with 54 paying customers. We planned to achieve this goal by the first quarter of 2005, but we are now clearly well positioned to reach this milestone sooner," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Deliver 10 Million Minutes for August; Annualized Revenues Surpasses $1.3 Million
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 8, 2004—
PrimeHoldings.com, Inc. (BULLETIN BOARD: PMHJ.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 sharp increases to both the amount of revenues and minutes billed by Target Communications during the month of August.
Target Communication reported a surge in international traffic with revenues topping $115,000 on over 10.8 million minutes for the month ending August 31, 2004. Annualized revenues handily surpassed $1.3 million with the goal of reaching the $2.0 million threshold by the end of the year. "After five months of operations, we continue to experience significant month-to-month growth driven by strong global demand for our long-distance carrier services, particularly in Latin America and South America," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"While the Company completes its final corporate restructuring, the underlying business and growth strategy remain sound," added Mr. Aliprandi. "The joint venture is on track to reach breakeven on a cashflow basis within the next 180 days."
PrimeHoldings.com and Target Communications, LLC Boast Single-Day Revenue Record; Annualized Revenues on Track to Reach $2.0 Million by Year-end
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 14, 2004—
PrimeHoldings.com, Inc. (BULLETIN BOARD: ), 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 record results for a single day.
Target Communications reported revenues of $6084.07 and a total of 567,570 minutes billed for its telecommunications carrier service on Sunday, the 12th of September, 20004. Previously, Target Communications reported a surge in international traffic with revenues topping $115,000 on over 10.8 million minutes for the month ending August 31, 2004. "At our current rate of progress, we are very confident about reaching our goal of $2.0 million in annualized revenues by the end of the calendar year," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com, Inc and Busboy Technologies, Inc. Announce Joint Marketing Venture with EventSwift
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 29, 2004—
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Busboy Technologies, today announced a joint marketing venture with Busboy Technologies and EventSwift, a marketing company based in San Diego, California that markets a unique and proprietary event planning software solution to the restaurant and hospitality industries.
EventSwift's software product allows a customer to manage and plan events by gathering customer information, generating contracts, creating event menus, tracking sales, and executing marketing campaigns, locally or remotely. EventSwift's customers include owner operated to large international chain restaurants throughout the United States. Busboy Technologies and EventSwift intend to cross-license their respective software, integrate them into their product offerings and market to each other's customer bases. EventSwift is also in the final stages of developing a table scheduling software product that Busboy and EventSwift will jointly beta test. "The two products are very complementary and it makes sense for us to combine our two products to better serve those clients that are in need of scheduling software for their event planning and restaurant reservation departments," said Spencer Taylor, President and CEO of Busboy Technologies.
"A partnership with Busboy represents an opportunity for us to increase our product inventory and expand our customer base. Our partnership will also allow Busboy to incorporate our 'Event Planning' software module into its software, giving it another component to help its customers in their individual restaurant and club operations," said Greg May, President of EventSwift. "Adding EventSwift's software to our products will help both Busboy and EventSwift accelerate market penetration into the restaurant and hospitality industries," added Tom Aliprandi, President and CEO of PrimeHoldings.com.
PrimeHoldings.com and Target Communications, LLC Announce Single-Month Revenue Record; Annualized Revenues on Track to Reach $2.0 Million by Year-End
SALT LAKE CITY--(BUSINESS WIRE)--Oct. 4, 2004—
PrimeHoldings.com, Inc. , 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 record results for a single day.
Target Communications reported revenues of $141,626.41 for the month ending September 30, 2004, up 22.6% from August's revenues of $115,454.69. Meanwhile, the company reported a total of 13,068,294 minutes in telecommunications services, up 20.8% from the previous month's total of 10,810,613 minutes. "Our revenues and traffic volumes have increased steadily for the last three months while adding new customers and new routes. We are very pleased with our progress after only six months of operations," said Thomas Aliprandi, PrimeHoldings.com's CEO. "At our current revenue rate, we are extremely confident that we will reach our goal of $2.0 million in annualized revenues by the end of the calendar year."
PrimeHoldings.com and Busboy Technologies Releases New Enhanced Version of Flagship Restaurant Management Software
SALT LAKE CITY--(BUSINESS WIRE)--Oct. 5, 2004—
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Busboy Technologies, today announced a significant upgrade to Busboy Technologies' flagship restaurant management software product.
The new software release will be based on Java and will offer a new and improved "dashboard". It will also feature improved functionality and an intuitive user-friendly interface. In addition, the underlying database server technology is enhanced to provide more robust reliability and security. "The development of a Java application is an important initiative to make our product even easier for some of our less technologically savvy clients to use," explained Bryce Cottam, Busboy Technologies Senior Software Architect. "Since Busboy software has always been based on an ASP model, we can constantly making major and incremental updates to the software as needed." "The latest software release reflects an ongoing commitment at Busboy Technologies to respond to the needs of its rapidly growing customer base," added Tom Aliprandi, CEO of PrimeHoldings, parent company of Busboy Technologies.
PrimeHoldings.com and Target Communications, LLC Increase Forecast for Annualized Revenues to $3.0 Million by Year-end
SALT LAKE CITY--(BUSINESS WIRE)--Oct. 12, 2004—
PrimeHoldings.com, Inc. , 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 one-day record results and raised its annualized revenue outlook.
Target Communications reported revenues of $12,818.11 for Sunday, the 10th of October, 2004, more than double its revenue levels a month ago. Meanwhile, the company also reported a total of 825,588 minutes billed for its telecommunications services for the same period. "At our present rate of growth, we are likely to reach our goal of $2.0 million in annualized revenues by the end of October," said Thomas Aliprandi, PrimeHoldings.com's CEO. "We are now projecting annualized revenues to top $3.0 million by year-end." The Target Communication's management team is also eagerly anticipating its first one million-minute day this month, an important milestone that was originally anticipated to occur in early 2005.
PrimeHoldings.com and Target Communications, LLC Reach One Million-Minute Milestone
SALT LAKE CITY, Oct. 28 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ), 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 its first one million-minute day, an important milestone that was reached on Sunday, the 24th of October, 2004. Target Communications reported revenues of $14,228.46 on a total of 1,064,999.1 minutes billed for its telecommunications services.
"Our next major goal is for the joint venture to reach breakeven on a cashflow basis," said Thomas Aliprandi, PrimeHoldings.com's CEO. "At the current rate of growth, we believe that this milestone can be achieved by February 2005."
"As we add new destinations to our international portfolio, we're seeing both new and existing customers transferring more of their telecommunications business to us," added Aliprandi. Target Communication's management team recently raised its forecast for annualized revenues from the joint venture to reach $3.0 million by year-end.
PrimeHoldings.com and Target Communications, LLC Announce Record Weekend Revenue Results
SALT LAKE CITY, Nov. 4 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PMHJ.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 record results for the two most recent weekend days. Target Communications reported revenues of $16,362.67 for Saturday October 30, up 17.3% from the previous record Saturday of $13,948.95.
Meanwhile, the company reported revenues of $18,307.23 for Sunday October 31 -- an increase of 28.7% from the previous record Sunday of $14,228.46. "Our revenues and traffic volumes continue to increase steadily as we add new customers and additional international routes. As conservative as we've tried to make our projections, there is no way to minimize the fact that all aspects of the company are growing at an impressive rate. These recent achievements will once again require us to adjust our revenue projections upward," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com and Target Communications, LLC Announce Record High in Monthly Revenues Target's Monthly Revenues for October Reach $304,140
SALT LAKE CITY, Nov. 11 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] [-] [News] (BULLETIN BOARD: PMHJ.PK - News) , 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 a 114% increase in Target's monthly revenues for October 2004.Target Communications reported revenues of $304,140 for the month ending October 31, 2004, up 114% from September's month-end revenues of $141,626. Additionally, the company reported a total of 21,630,366 minutes in telecommunications services, up 65.5% from the previous month's total of 13,068,294 minutes.
"Our revenues and traffic volumes continue to increase with October representing a significant spike in revenues and telecommunications minutes. With this new milestone achievement we must once again adjust our projections upward with our new goal of $4.0 million in annualized revenues," said Thomas Aliprandi, Primeholdings.com's CEO.
PrimeHoldings.com and Busboy Technologies Announce First Customer in Las Vegas Hotel and Casino Market The Riviera Hotel and Casino Engages Busboy Technologies for Software Integration Solution
SALT LAKE CITY, Nov. 16 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] [-] [News] (BULLETIN BOARD: PMHJ.PK - News) , a diversified holding company with early-mover initiatives in the subsidiary, today announced the engagement by The Riviera Hotel and Casino [RIV] to develop a custom solution that bridges its POS system with its back-office inventory management system.Busboy Technologies will leverage its popular Busboy Software version 2.1 to integrate POS software by Infogenesis along with J.D. Edwards 'ERP systems.
"Much of our data input is not only multi-themed but also event driven. By using the Busboy software solution for the many facets of our hotel and casino events planning, we can streamline the process, eliminate data entry redundancies and have all of our complex and critical data organized and available to all involved in the event-from the event planner to the busboys- saving us time, money and frustration," said Lloyd Wentzel, The Riviera Hotel and Casino's Vice President of Food and Beverage. "We see an immediate return on investment, just by enabling our company to free up valuable resources by implementing Busboy's software solutions."
"The Riviera Food and Beverage Management Division's management needs for event planning and restaurant operational control are representative of the issues and needs that the hospitality and food services industries need to address," said Spencer Taylor, Busboy technologies' President and CEO. "Busboy's development contract with The Riviera Hotel and Casino is another demonstration of our ability to help restaurants, clubs and now casinos manage their businesses and resolve sensitive information gaps with product and data management solutions." About Riviera Holdings Riviera Holdings Corporation owns and operates the Riviera Hotel and Casino on the Las Vegas Strip and the Riviera Black Hawk Casino in Black Hawk, Colorado. Riviera is traded on the American Stock Exchange ("Amex") under the symbol RIV.
For more information, please visit the website at http://www.rivierahotel.com/. *** posted on www.uptick.com 11/18/04 PrimeHoldings.com, Inc. (OTCBB: PMHJ) Corporate Overview PrimeHoldings.com, Inc. (OTCBB: PMHJ) is a diversified holding company for diverse and synergistic companies, ranging from high-growth electronic commerce businesses to innovative and proprietary software companies, with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries. PrimeHoldings and its team of executives and consultants offer technical, marketing, legal, public relations, financial and commercial management expertise to its portfolio companies as well as to its joint venture partners. PrimeHoldings is positioned to continue its pattern of acquiring, managing and cross marketing a variety of high quality and dynamic companies whose business or asset base mesh well with Prime’s current portfolio and can benefit from Prime’s management and marketing expertise. PrimeHoldings is well positioned to capitalize on the explosive growth of electronic commerce and all other potentially profitable opportunities. PrimeHoldings intents to acquire and manage a diverse portfolio of businesses that will yield an outstanding return on shareholder investment. PrimeHoldings is also looking to add to its portfolio other cutting-edge Internet-based e-commerce companies over the next year. This will allow for PrimeHoldings to leverage technologies and services to provide explosive growth in their diversified e-commerce holdings. Proprietary Technology The collection of solid, real time data is mission critical for a restaurant’s operation. Franchises and multi-unit operations long ago realized this, and have created systems to meet these needs. Until now, there has not been a reliable, real time software product that is available to the smaller individual or multi-unit restaurant owner. Busboy technologies software fills those needs. Busboy Technologies is a subsidiary of PrimeHoldings (http://www.primeholdings.com/). Busboy is a software solution developed by hospitality professionals, for the Hospitality Industry. The software works with both multi-unit and stand-alone operations to increase profitability by at least 10%. Busboy’s software was created through the experiences of managers, chefs and owners. The software is a product of the frustration of years of experience, and the understanding that a great many of the needs for data were not easily met, as well as the fact that the Front of the House and the Back of the House often operate autonomously to the detriment of the entire restaurant operation. This frustration gave birth to the idea of the Busboy Technologies software, a complete and inclusive solution for the data needs severely lacking in the Hospitality Industry. Busboy addresses the issues of actual versus theoretical food cost and escalating overhead by streamlining the bid and ordering process, integrating operations data from POS and accounting systems, managing vendors, and maximizing cash flow management. All of this information works together to increase profit margins and keep managers out of the back office allowing them to spend more time on the floor where they are most needed. BusBoy continues to add new customers while migrating data from clients to its newly upgraded server and enhanced ASP software platform. PrimeHoldings has also started billing customers who have begun using the platform. These clients/customers are those who have all their necessary data entered into the BusBoy system and can now take advantage of the BusBoy software services. There has been a tremendous amount of RFP's (request for proposals) from large distribution channels that would like to introduce the BusBoy software services to their clients. Partnerships One of PrimeHoldings’ joint venture partners, Target Communications LLC, has been demonstrating an amazingly aggressive growth rate in its revenues (primeholdings.com), despite being undercapitalized. Target Communications is involved in the business of providing international voice and data long distance with an emphasis on the Mexican market, the most frequently called country from the USA. Mexico has perhaps the most complex telecommunications system in the world with regards to dialing plans to its various cities, which provides serious challenges to carriers who route traffic into the country. Few carriers have the ability to implement such complex routing schemes because it requires a tremendous amount of system memory and costly SCP’s (Signaling Control Points). Target has these systems in place and is able to capitalize on its abilities to perform these enhanced functions. Target has an impressive amount of assets and resources in place, and thus is positioned to generate a great amount of revenue without any further investment in equipment. It would not be implausible to see the company grow to $12M in yearly revenues with the equipment and network infrastructure which is already in place and functioning today. When this potential is combined with sufficient capitalization, the possibilities seem almost limitless. Until recently, Target’s business revenues have been based on low cost high volume Mexican traffic. However, the company has just added more routes to higher revenue per minute countries. The rates per minute to these new countries are dramatically higher. As recently as today, these routes have been tested and approved for accepting traffic from newly added customers. Some of these customers are billion dollar multinational companies who demand the quality network services Target provides. The success of PrimeHoldings’ partnership with Target Communications is an example of why Prime is positioned to enable companies realize business success. -------------------------------------------------------------------------------- All material herein is information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by StoneRidge Capital, LLC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this profile have approved the statements made in this profile. This profile contains forward-looking statements that involve risks and uncertainties. Statements in this press release about the company's future expectations other than historical facts, are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Act of 1934, as that term is defined in the Private Securities Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward looking statements. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the Company's SEC reports that could cause results to differ materially from those expressed or implied include, but are not limited to, the results of future tests and the availability of funding for additional research and development. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. StoneRidge Capital, LLC is not a licensed broker, broker dealer, market marker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.uptick.com/. StoneRidge Capital, LLC and or its affiliates have received 1,000,000 shares of PMHJ stock from a third party. To date, 0 shares have been sold. StoneRidge Capital, LLC intends to sell all shares owned within the next 60 days and may sell those shares for less than any target price given in this opinion. StoneRidge Capital, LLC's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this profile and may profit in the event those shares rise in value. StoneRidge Capital, LLC does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. end of www.uptick.com 11/18/04 posting ***
PrimeHoldings.com and Target Communications, LLC Announce the Addition of 2 New International Destinations
SALT LAKE CITY, Feb. 15 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of two (2) new international destinations to their product offering.
"This week Target finished the provisioning and testing of two new international routes to Honduras and Nigeria which will be incorporated into its product offering. This comes on the heels of Target finalizing a significant arrangement to add 53 new cities in Mexico to its international portfolio which is projected to add an additional $200,000 in revenues. We expect these new city destinations to generate considerable new revenue and add a nice level of diversification to our offering," said Thomas Aliprandi, Primeholdings' CEO. "We are enthused about our continued success in the expansion of our Mexico offering while making our services more attractive to our clients through product diversification," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Announce the Addition of 53 Cities in Mexico
SALT LAKE CITY, Feb. 8 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of 53 cities in Mexico.
"This week Target finalized negotiations to add 53 cities in Mexico to its international portfolio. We expect these new city destinations to generate an additional $200,000 per month in revenues which will start to flow upon provisioning completion of the cross-border facilities now in progress" said Thomas Aliprandi, Primeholdings' CEO. "Latin America continues to be our primary focus and we seem to be adding new destinations on a regular basis. We don't see this pattern changing anytime soon," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Add New Destinations in Latin America
SALT LAKE CITY, Feb. 23 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ News), 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 the addition of two (2) new international destinations to their product offering.
"The past few weeks have seen increased activity for Target's international long distance product offerings in Mexico, Latin America and Africa. On the heels of this new business, we are now adding Colombia and Nicaragua to our international portfolio. This addition is in line with Target's objective to augment its offerings and create a greater presence in Latin America," said Thomas Aliprandi, PrimeHoldings' CEO. "We believe that these new destinations, once enabled and operating, will result in $100,000 additional monthly revenues to Target."
PrimeHoldings.com and Target Communications, LLC Add New Destinations in Latin America
SALT LAKE CITY, March 9 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ), 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 the addition of two (2) new international destinations to their product offering.
"The past few months have seen increased activity for Target's international long distance product offerings. Continuing with Target's objective to augment its offerings and create a greater presence in Latin America, we have added two additional countries in Latin America - Ecuador and El Salvador," said Thomas Aliprandi, PrimeHoldings' CEO. "As we approach the one year anniversary of the commencement of Target's operations, we are optimistic that the 12 month operating results will yield further good news," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Enter Into Financing Agreement With HiProtech International, Inc. Company to Provide Equipment and Receivables Financing
SALT LAKE CITY, March 22 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ), 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 that they have entered into an agreement with HiProtech International, Inc., to provide equipment and receivables financing for Target Communications.HiProtech International, Inc., a 7-year old company, with corporate offices in Salt Lake City, Utah, offers unique credit, equity, equipment, receivables, venture capital, bridge and mezzanine financing and commercial investments for start up, on-going, emerging and established companies nationwide.
"Target's growth has been explosive since its inception. We have opportunities virtually every week to expand our telecommunications business in existing and new markets, but capital constraints limit the amount of new business we can take on in any given period. HiProtech facilitating our equipment and receivables financing needs enables us to take advantage of these many opportunities and further accelerate our growth," said Thomas Aliprandi, PrimeHoldings.com's' CEO. "In our business we see many companies at various stages of development and they all need capital to grow. Most do not have sufficient revenues or assets or stable enough management to justify any type of credit facility. Target is at a stage in its development where it needs basic growth capital and we believe that it is a perfect emerging company for our services: Target has an outstanding, albeit short, revenue history; it has significant assets; and it has superior management. Once the credit facility is in place, we will fund a receivables financing line so that Target can seize all of the tremendous growth opportunities available to it. We expect to have the facilities in place within the next ten days," said Gloudina Robbertse, HiProtech's President and CEO.
PrimeHoldings.com and Target Communications, LLC Announce Revenue Results for their First Twelve Months of Operations and Achievement of Reaching Their First Year $2.0 Million Revenues Prediction
SALT LAKE CITY, March 29 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.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 their revenue results of their first year of operations.
Target Communications reported revenues of $2,026,813.27 from March 19, 2004 through March 18, 2005."Not only is it difficult to believe that our first year of operations has come to a conclusion, but the fact that we achieved, and exceeded, our projections of $2M in yearly revenues, is a major accomplishment for the company, its personnel, and its shareholders.
Our goals have been met through hard work, determination, and experience, which makes the achievement of our goals that much more extraordinary. We are thrilled with our progress and are motivated even further by meeting our goals. At our current revenue rate growth, we are extremely confident we will reach our 2005 goal of $6.0 million in annualized revenues," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com and Target Communications, LLC Announce 5th Consecutive Month of Revenue Growth
SALT LAKE CITY, May 4 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] (BULLETIN BOARD: PMHJ.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 growth in its revenues for the 5th consecutive month ending April 30th, 2005."Revenues were up 9% for the period of April 2005 ($265,726) over the previous month of March 2005 ($243,672).
Additionally, Target achieved steady growth for 5 consecutive months which resulted in a total increase of 26% in revenues for the 5 month period ending April 30, 2005," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Given that we are in the final stages of completing our funding arrangements, which will be the primary source of stimulating further growth, it is remarkable that we achieved revenue increases during this lean period. We hope to have our reviewed numbers available in the next week and we will post the final results on our web site as soon as we receive them," said Aliprandi.
Prime Holdings Obtains a 63% Profile Rating on Stock Information Systems
SALT LAKE CITY--(BUSINESS WIRE)--May 6, 2005—
Prime Holdings (Pink Sheets: PMHJ) PMHJ has just been listed on www.stockinformationsystems.com and has reported sufficient information to receive a profile rating of 50% or better. This rating guarantees PMHJ a listing on the front page. Shareholders will be pleased to know that PMHJ now has an "Ask the CEO" option at stockinformationsystems.com.
This is one of the most used features and the most insightful, giving the shareholder access to the CEO of PMHJ. PMHJ also currently has some impressive "monthly numbers" reported and charted on www.stockinformationsystems.com. These systems have a unique way of gathering information. The greater part of the data comes directly from the company CEO and each company is ranked on how timely and complete their information is kept. Each company must report on a monthly basis to keep their rating high. This voluntary monthly reporting is an effective information flow and keeps shareholders up to date of the company's progress.
All material contained herein is information supplied by the public companies themselves, and is not guaranteed by Stock Information Systems Inc. (SIS Inc.). SIS Inc. is not a public company and does not guarantee the information to be accurate. The information presented on the public companies profiled herein may contain forward-looking statements that involve risks and uncertainties. Statements in this information about the public company's future expectations other than historical facts, are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Act of 1934, as that term is defined in the Private Securities Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward looking statements. Such "forward-looking statements" are subject to risks and uncertainties that could cause results to differ materially from those expressed or implied include, but are not limited to, the results of future tests and the availability of funding for additional research and development. Be aware that SIS Inc. charges $50 per month to the public company for the SIS Inc InfoSite platform, $600 for uploading assistance if needed, and $4000 for filming and editing video information. The content presented on any video or audio is not supplied by SIS Inc. Be aware that SIS Inc has taken cash and/or stock for its services. Be aware that SIS Inc. has taken, as compensation, 144 Restricted stock at a value of up to 10 times the cash amount owed at the time of the service. Be aware that all companies listed on SIS Inc. have paid for the services to SIS Inc. in some manner. Be aware that 100% of all company profiles are from the information supplied by that individual public company and that SIS Inc. is NOT the Author or the Originator. The material within this entire website is for informational purposes only, and should not be construed as an offer or solicitation of an offer to buy or sell securities. Stock Information Systems Inc. is not a licensed broker, broker dealer, market marker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.stockinformationsystem.com. Stock Information Systems Inc. affiliates, officers, directors and employees may also have purchased or may buy the shares discussed in this profile and may profit in the event those shares rise in value. Stock Information Systems Inc. does not and will not offer any opinion as to when others should buy or sell; each investor must make that decision based on his or her own judgment.
1 Comments:
11/17/03 - 3/24/04 aren't on primeholdings.com anymore, the newer ones are.
PrimeHoldings.com, Inc. Announces Successful Conclusion of Cost Control, LLC's Testing and Acquisition of First Paying Customer
SALT LAKE CITY, UT -- (MARKET WIRE) -- Nov. 17, 2003 --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the successful completion of its joint venture partner, Cost Control, LLC's, proprietary restaurant and hospitality software's beta testing and the acquisition of Cost Control's first paying customer.
"With the successful completion of our proprietary software's beta testing at two high end restaurants in Park City, Utah, we feel that the bulk of the hard work is behind us," said Spencer Taylor, Cost Control's, and Managing Partner. "We have always known that our software and hardware applications are unique to the hospitality industry and our innovative technology will modernize many aspects of the way that restaurants and clubs manage their businesses." "Going 'live' in Salt Lake City -- in that we are no longer offering our products for free -- is an important milestone for us," said Gary Marshall, Cost Control's Chief Technology Officer.
"Now that we have signed our first paying customer that will purchase a suite of products from us, we can kick off our marketing efforts, initially by marketing our products to the many fine restaurants and hospitality clubs in Salt Lake City," said Marshall. "We are now looking to PrimeHoldings.com to help us define our markets and go after them with great zeal," said Taylor. "We have always known that Cost Control has distinctive and ground-breaking products that the hospitality industry would embrace, once tested, and we are glad that Cost Control has taken the time and that together we have directed the capital to test Cost Control's products adequately. Because these products can streamline any restaurant or club's operation and improve its cash flow without greatly adding to its monthly costs, we believe that virtually every restaurant and club in America -- from the chain store to the small 'mom and pop' restaurant -- can afford and will benefit from Cost Control’s products," said Thomas Aliprandi, PrimeHoldings.com’s President and CEO. "In fact, our philosophy at Prime is 'how can any restaurant afford NOT to have Cost Control's products.'"
"With the testing behind us, we hope to conclude our acquisition of Cost Control before the end of the year," said Aliprandi. "Becoming part of Prime is a priority for us and completing this transaction this year will be propitious," concurred Taylor. Once acquired, Cost Control, LLC will become a wholly owned subsidiary of PrimeHoldings.com.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About Cost Control Cost Control, LLC. is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company.
SOURCE: PrimeHoldings.com, Inc. Alexander Lindale L.L.C. Signs One Year Contract With Prime Holdings.Com Inc.
DRAPER, Utah, Dec. 19 /PRNewswire-FirstCall/ --
Alexander Lindale L.L.C., is pleased to announce that a contract has been signed between Alexander Lindale L.L.C. and Prime Holdings.Com Inc. to provide services in the areas of information dissemination and financial assistance. Alexander Lindale L.L.C. will provide services for one year and will charge $120,000.00 to be paid in 12 equal payments in either stock or cash.
Alexander Lindale L.L.C. retains the right to hire third party contractors and consultants to assist in the performance of its duties. These contractors may also be paid in cash or stock of the company.
Alexander Lindale L.L.C. is a privately held Limited Liability Corporation based in Colorado, with offices in Draper, Utah. To date Alexander Lindale L.L.C. has purchased several million shares for cash and has also received shares for services.
This press release is to be treated as an information release only and is designed to conform to rule 17B under the Securities Exchange Act of 1933 and rule 3b-6 under the Securities Exchange Act of 1934. Alexander Lindale L.L.C. and its affiliates are independent contractors with the above named company, for services related to the dissemination of information about the company, and are compensated for their performance in either cash or stock of the company. Though Alexander Lindale L.L.C. is not considered an "insider," Alexander Lindale L.L.C. purchases stock of the company under rule 504, and resells it to purchasers on the market. Alexander Lindale L.L.C. may retain up to a 9% shareholder position in the company mentioned herein. CONTACT: Alexander Lindale L.L.C., +1-801-201-4691
PrimeHoldings.com, Inc. Announces Completion Date of Joint Venture Partner Cost Control, LLC's Software Product
SALT LAKE CITY, Jan. 15 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the targeted completion date of January 30, 2004 for its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product.
"We recently finished testing our proprietary restaurant software in two restaurants in Park City, Utah, and we have been working through some of the 'bugs' over the past 6 weeks, " said R M Cassel, Cost Control's, Spokesman. "We now have our software to a point that we can announce, without reservation, that Version I will be completed and ready for marketing by January 30, 2004," said Cassel "On Prime's side, we initiated negotiations this past week with two very high profile companies, engaged in providing innovative products and services to the restaurant and hospitality industries.
These companies are highly interested in taking our product to restaurant vendors, individual restaurants, hotels and casinos and to large national restaurant chains. They both feel that there is a need for a product such as our product in the hospitality industry and that our product may well fill the need," said Thomas Aliprandi, Prime Holding's CEO.
"As I studied the reports generated during the product's testing period, I am amazed how simple our product is but yet how profoundly its implementation can affect a restaurant's 'bottom line,'" said Aliprandi. "We are gearing up right now to 'kick off' our proprietary software product and services package at the three big leisure and restaurant shows this spring, summer and fall," said Aliprandi. "I have been in the restaurant business for many years," said Cassel, "and now that our product is nearing final completion, I am anxious to reopen my restaurant Rolodex and jump into sales," Cassel concluded.
"In addition to completing the software by January 30, we hope to have our acquisition of Cost Control concluded by the end of February. Our efforts have been focused on finishing the software's Version I and with that winding up, we want to finish our acquisition," said Aliprandi. "We are all anxious to join the PrimeHoldings family as soon as possible," said Cassel. Once acquired, Cost Control, LLC will become a wholly owned subsidiary of PrimeHoldings.com.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About Cost Control Cost Control, LLC is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi, PrimeHoldings.com, +1-801-637-1561,info@primeholdings.com
PrimeHoldings.com Signs Letter of Intent to Acquire Briza Technologies, Inc.
SALT LAKE CITY, Jan. 20 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the signing of a Letter of Intent by its wholly owned subsidiary, TimeMarker, Inc., to acquire Briza Technologies, Inc., a Hillsborough, NJ based corporation that conceives and manufactures wireless credit card payment solutions and Internet security devices.
PrimeHoldings.com, Inc. today announced that its wholly owned subsidiary, TimeMarker, Inc., signed a letter of intent to acquire Briza Technologies, Inc. and that TimeMarker will hold it as a subsidiary. Briza currently contracts with foreign-based corporations to perform credit card billing services over a wireless platform.
"TimeMarker is an early developer of wireless Internet exchange technology enabling location-based, dynamic pricing of time-perishable goods and services and developed several unique and ground-breaking products-primarily in the golf industry -- over the years that use a wireless platform," said Thomas Aliprandi, PrimeHoldings' CEO.
"We have been looking for some time to find a candidate for TimeMarker to acquire so that we can use its experience and infrastructure to build and market new products that require a wireless platform," said Aliprandi.
"Several months ago Ashlin Capital in New York City, which has facilitated the acquisition, initiated talks between our company and Briza Technologies and we finally reached an acquisition agreement comprised primarily of a stock for stock exchange, that will benefit both Briza Technologies and PrimeHoldings," said Aliprandi.
"Briza Technologies develops wireless credit card payment solutions and has associated itself with top-level experts in the various fields of wireless, information technology, electronics manufacturing and credit card processors in order to successfully advance and implement its wireless credit card payment SMS Solutions," said Ivan Silva, Briza's president and CEO. "We have been working on several contracts that involve completing mobile network applications to process credit card transactions over our wireless billing platform, and providing full ISO 8583 (the standard option for financial institutions' communications with EFT networks, switch processing and POS devises) connectivity to banks and wireless companies.
This merger with TimeMarker will help us from a manpower and capital standpoint and will allow us to finish the products in a shorter time frame," said Silva. "PrimeHoldings and its people have been in this business for quite some time and will assist us in not only finishing the Brazilian contract, but also concluding negotiations for other, highly profitable international contracts similar to our development and processing agreement in Brazil," said Silva. "I believe that there is great synergy between what TimeMarker has done and what we can do in the future. I anticipate a very lucrative future for our two companies, " said Silva.
"We have great plans and opportunities for developing and promoting Briza Technologies' products domestically and internationally. We hope to complete this transaction as soon as possible," said Aliprandi. About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions.
The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services.
TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries.
Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America.
CONTACT: Tom Aliprandi for PrimeHoldings.com, Inc., +1-801-637-1561; orDiogo Silva for Briza Technologies, Inc., +1-908-904-4472
PrimeHoldings.com Launches New Website
SALT LAKE CITY, Jan. 22 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the today announced the launch of its new website.
"We have wanted to update and upgrade our website for some time," said Thomas Aliprandi, PrimeHoldings.com's CEO. "With our new marketing initiatives, new products and pending acquisitions, we want our website to reflect our commitment to place our products and services in diverse marketing channels so we can reach as many people as possible," said Aliprandi.
“Visitors to our website will soon find it more user friendly, more informative and more relevant to our current condition and better displays our present progress and position," said Aliprandi. "In addition, we will be expanding our shareholder section to disseminate news to our shareholders and interested investors about our current news, subsidiaries and new products," said Aliprandi.
"We are excited to unveil our new website as it is and as it will become a more accurate refection of our present company. The site will help us tell our 'story' better in the coming months," concluded Aliprandi.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." CONTACT: Tom Aliprandi of PrimeHoldings.com, Inc., +1-801-637-1561
PrimeHoldings.com, Inc. Announces Completion of Joint Venture Partner Cost Control, LLC's Software Product
SALT LAKE CITY, Jan. 26 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the completion of its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product.
"When we announced earlier in the month that we intended to have Version I of our proprietary software product completed by month's end, I was not sure we could meet that goal; however, the final phases of testing and implementation went so smoothly and we had so few problems, that we beat our intended date by almost 5 days," said R.M. Cassell, Cost Control's Technology Advisor.
"When Cost Control informed me last Friday that the software's Version I would be live on January 26, I escalated negotiations with several potential distributors and end users," said Tom Aliprandi, PrimeHoldings.com's CEO.
"We believe that we will have a significant sale of our product and services in the coming weeks," said Cassell, "because it is easy for a restaurant, club or casino to invest the money in our software when our tests have shown a significant decrease in a restaurant's costs when using our software and a corresponding increase in its net profits." "We have invested time and hard earned capital in this project and we are delighted that Cost Control's testing finished so successfully, that the software product performed better that we anticipated and that we met the completion deadline ahead of schedule," said Aliprandi.
"Now we will start marketing this highly useful restaurant product to the 'mom and pop' restaurants, large chain restaurants and casinos in the mountain west and pacific regions. We also want to acquire Cost Control quickly so that we can market its products under the PrimeHoldings.com's corporate umbrella more effectively," said Aliprandi.
Once acquired, Cost Control, LLC will become a wholly owned subsidiary of PrimeHoldings.com.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM". About Cost Control Cost Control, LLC is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-637-1561,info@primeholdings.com
PrimeHoldings.com, Inc. to Introduce Joint Venture Partner Cost Control, LLC's Software Product at the Hospitality Industry Technology Exposition Conference (HITEC) and International Food Service Technology Exposition (FSTEC) Restaurant and Hospitality Shows
SALT LAKE CITY, Jan. 27 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced its intent to introduce its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product at the Hospitality Industry Technology Exposition and Conference (HITEC), http://www.hitec.org/ and International Food Service Technology Exposition (FSTEC), http://www.fstec.com/ Restaurant and Hospitality Shows.
HITEC will be held this year in Dallas on June 21-24, 2004 and is comprised of over 250 exhibitors occupying 600 booths.
The HITEC exhibition showcases hospitality technology and the latest high-tech innovations that are integral to the restaurant and hospitality industries. FSTEC is held in Orlando, Florida on October 24-27 and will comprise over 200 exhibitors, and will also introduce new technologies for the restaurant and hospitality industries.
FSTEC's founding sponsors are IBM, MICROS Systems and Microsoft Corporation. "HITEC and FSTEC are the two premier restaurant and hospitality shows both domestically and internationally. Any company that has a new hardware or software innovation or product for these industries wants to debut it at these shows and make it known to the attendees in these industries, as the attendees are the decision makers for their represented companies, restaurants, etc.," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We have not been able to attend technology shows for the last couple of years; but we are committed to take our software product to both the HITEC and FSTEC to make our presence known in this industry," said Aliprandi.
"Cost Control will help us prepare the best and most effective presentation of our software product at both HITEC and FSTEC and we believe that these highly respected and well attended restaurant technology shows will launch our product very successfully," said Aliprandi.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About Cost Control Cost Control, LLC. is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi of PrimeHoldings.com, info@primeholdings.com Web Site: http://www.primeholdings.com/ http://www.hitec.org/ http://www.fstec.com/
PrimeHoldings.com and Briza Technologies Commence Testing Briza Technologies' Proprietary Enhanced Text Messaging and Micro Payment Services Product
SALT LAKE CITY, Jan. 29 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space and proprietary restaurant and hospitality industries software, today announced that Briza Technologies, Inc., which is to be acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, commenced testing and marketing Briza Technologies' proprietary enhanced text-messaging and micro payment services product, known as Recadinhos.com, to the Brazilian community in the New York tri-state area.
Briza Technologies, Inc., is a Hillsborough, NJ based corporation whose primary business is the conception and manufacturing of wireless credit card payment solutions and Internet security devices, to be marketed internationally and domestically.
Briza Technologies launched its text-messaging service (Recadinhos.com) in July of 2003. The mobile text-messaging service offered by Recadinhos.com is a pre-paid international text messaging and micro-payment service that is currently providing service primarily to the Brazilian communities in the United States and to Brazil.
"With almost 184 million people, Brazil is one of the largest countries in the world, but only about 32 % of Brazilian homes have computers, and only 24% have Internet access; however, 66% of Brazilian homes have at least one prepaid mobile telephone," said Ivan Silva, Briza Technologies' President and CEO.
"Recadinhos.com allows not only instant mobile telephone text-messaging between Brazilians in the U.S. and third parties in Brazil, but it also allows Brazilians in the U.S. to send money (as little as $10.00) to a third party in Brazil directly from their cellular telephones, paying only a few cents for the transaction.
Conventional money transfer agencies are very expensive and do not transfer such small amounts. Brazilians in the U.S. currently send several billion dollars to third parties in Brazil annually, paying hundreds of millions in transfer fees," said Silva. "When fully deployed in Brazil, the Briza network will also allow Brazilians who receive credit transfers from the U.S. to use the Recadinhos.com technology to electronically pay for a wide variety of goods and services, including their own prepaid cellular telephones," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"This is one of the primary reasons we are so excited about our new relationship with Briza. Briza's micro technology alone will save U.S. Brazilians wanting to send money home to Brazil, millions of dollars in transfer fees, but allow Briza to capture significant revenues," said Aliprandi "Recadinhos.com currently has connectivity to six million cellular telephone users in Brazil and once in place in Brazil, we plan to expand the text-messaging and micro-payment services throughout South America," said Silva. "By TimeMarker acquiring us, we will have the infrastructure and ultimately the capital to greatly expand Recadinhos.com's customer base, and at the same time demonstrate to our new partners the existing connectivity already available to Briza in Brazil, the versatility of our products and the great expansion potential in South America and other foreign markets," said Silva. "We are working tirelessly to have the full technological potential of Briza deployed in a very short time.
The Recadinhos.com technology is only a single, small component of the Briza technology base that will bring fresh business and ultimate profits to our company. We are eager to complete the Briza acquisition as quickly as possible," said Aliprandi.
Once acquired, Briza Technologies will be a wholly-owned subsidiary of TimeMarker, Inc.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-637-1561,info@primeholdings.com
PrimeHoldings.com, Inc. Announces First Sale of Joint Venture Partner Cost Control, LLC's Software Product
SALT LAKE CITY, Feb. 3 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction space and proprietary restaurant and hospitality industries software, today announced the first sale of its joint venture partner, Cost Control, LLC's proprietary restaurant and hospitality software's product. Cost Control announced that it signed its first contract, Friday, January 30, 2004, with Swiss Management, LLC, owner of a two-location restaurant in Utah.
Under the terms of the one-year contract, Swiss Management agreed to license Cost Control's restaurant inventory product. "We have been talking to the Swiss Management owners for the past several weeks setting the expectation that we would be ready to install our product sometime in February," said R.M. Cassell, Cost Control's Technical Advisor.
"By completing the final testing of the product earlier than anticipated, we successfully secured Swiss Management as our first client under a one-year licensing agreement." "What I find amazing is that we signed our first contract a day before the product's projected completion date," said Thomas Aliprandi, PrimeHoldings' CEO. "This instant interest, recognition and acceptance of our software product by Swiss Management portend great things for our current and future business." "We believe that we will sign up a high percentage of the restaurants that we now have on our radar screen to visit in the coming months," said Cassell.
"With PrimeHoldings' help as a joint venture partner during these past several months, we have finished our beta testing, proven our concept and made our first sale; The entire process proceeded much faster than we anticipated," added Cassell. "We look forward to a long relationship with PrimeHoldings."
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM". About Cost Control Cost Control, LLC is a technology company that is amassing software and hardware products and wireless applications for deployment for the hospitality, food and beverage industries. Cost Control intends to become a leading provider of proprietary software and hardware products for the hospitality, food and beverage industries. Cost Control is a privately held company. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-755-6859, orinfo@primeholdings.com
PrimeHoldings.com and Briza Technologies Initiate Deployment of Briza Technologies' Proprietary Micro Payment Services Product in Brazil
SALT LAKE CITY, Feb. 5 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc., which is to be acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, is prepared to beta test its Short Message Service (SMS) wireless credit card verification technology in Brazil. Briza Technologies, Inc. is a Hillsborough, NJ based corporation whose primary business is the conception and manufacturing of wireless credit card payment solutions and Internet security devices.
"Having successfully completed live Internet alpha demonstrations of our encrypted SMS credit card data capture technology solutions technology, we are now prepared to initiate a full beta test in Brazil and deploy our technology immediately", said Ivan Silva, Briza Technologies' President and CEO. Briza Technologies' Encrypted SMS credit card verification solution is a patent pending technology that provides more secure and faster validation time for credit card transactions than the widely used dial up system and requires no dedicated phone lines to process the transaction.
"Our solution is built on top of existing and extremely reliable SMS infrastructure that is also currently used for cellular telephone communication," added Silva. "This makes our technology solution the most likely choice for credit card companies wanting to tap into the emerging wireless credit card charge verification market, once the platform is ready for full commercial application."
"We are thrilled at how quickly Briza's product sailed through alpha testing," said Thomas Aliprandi, PrimeHoldings CEO. "We believe that Briza's product will be embraced in Brazil and other South American countries, since SMS technology is readily available and because of the ever-expanding use of mobile telephones around the world. With this technology's presence in our initial Brazilian market, capacity and coverage for Briza's wireless data application will never be an issue and it is anti-obsolescent since it is already compatible with 3G, the third generation wireless technology."
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-755-6859 info@primeholdings.com P
PrimeHoldings.com and Briza Technologies Sign Letter of Intent With Tele Celular Sul Participacoes S.A. to Use Briza Technologies' Short Message Servicing (SMS) Solutions to Recharge Prepaid Mobile Telephones
SALT LAKE CITY, UT -- (MARKET WIRE) -- Feb. 09, 2004 --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc. has signed a Letter of Intent with Tele Celular Sul Participacoes S.A. to use Briza's SMS payment solutions to recharge pre-paid mobile telephones. Briza Technologies, Inc., is a Hillsborough, NJ based corporation whose primary business is the conception and manufacturing of wireless credit card payment solutions and Internet security devices. Briza Technologies, Inc. is being acquired by TimeMarker, Inc., a wholly-owned subsidiary of Primeholdings.com. Tele Celular Sul Participacoes S.A. a Brazilian digital cellular telephone company, has a market cap of $491.23 million and had gross revenues of $348.05 million for the trailing twelve months as of September 30, 2003 (Source: Yahoo Finance).
"Brazil has about 184 million people, and 66% of Brazilian homes have at least one prepaid mobile telephone. Currently, most of the prepaid cellular telephones are recharged using pre-paid scratch-off cards that are costly production items for the wireless operators," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Rather than selling prepaid cards to cellular telephone users, vendors will accept cash and enter the customer's account number and the payment amount into Briza's point of sale wireless, encrypted payment solution devices that immediately recharge cellular telephones through its wireless network linkage," explained Briza-Technologies CEO, Ivan Silva. "We are extremely pleased by the rapid progress that we are making toward the full deployment of Briza's SMS payment solutions with a full agreement between Briza and Tele Celular expected before the end of the month," said Aliprandi.
"We have been working diligently to get Briza's payment solutions network fully deployed in Brazil while concurrently finalizing TimeMarker's acquisition of Briza."
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security device that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. SOURCE: PrimeHoldings.com, Inc.
PrimeHoldings.com and Briza Technologies Announce the Signing of a Letter of Intent to Acquire IT-Bibow INFO, Ltd.
SALT LAKE CITY, UT -- (MARKET WIRE) -- Feb. 17, 2004 --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc., which is being acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, signed a Letter of Intent to acquire IT-Bibow INFO, Ltd., a Brazilian information technology services company.
Briza Technologies is a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices. IT Bibow was founded in 1995 by a group of Brazilian professionals with significant combined experience in information technology, law and accounting.
"Once the acquisition is complete, IT-Bibow will become a fully owned subsidiary of Briza-Technologies and the company name 'IT-Bibow' will be changed to reflect Briza's brand name," said Ivan Silva, Briza's President and CEO. "Mr. Bibow, founder and Executive Director of IT-Bibow, will remain with the new company as Vice President after the acquisition is complete,'" said Thomas Aliprandi, PrimeHoldings' CEO. "His experience as a registered CPA in Brazil and expertise with local tax laws and regulations will further strengthen all of Briza's business activities in Brazil."
"Also included in the post-acquisition management team will be Mr. Felipe Moura as Senior Vice President and Chief Technology Officer," continued Aliprandi. "Mr. Moura brings a wealth of experience into our new company. He is a former Executive Vice President in Latin America for Band-X (a Goldman Sachs and Morgan Stanley telecom trading company) and also served as Business Development Coordinator for Vesper (a Qualcomm and Bell Canada voice operator and Internet provider in Brazil).
Mr. Moura is well qualified as he has a bachelor's degree in electrical engineering from the Aeronautics Institute of Technology, a postgraduate degree in Optical Integrated Circuitry from the same institution and a Master's degree in Information Technology. Mr. Moura is experienced in Java-based systems, web services, cryptography, digital signature, distributed systems, complex algorithms, communications networks, artificial intelligence, and optic-electronics in the field of high-speed data communications. Both Messrs. Bibow and Moura will report to Mr. Silva, Briza's President and CEO." "With the additions of Mr. Bibow and Mr. Moura to our company, our management infrastructure will be virtually complete," said Silva. "I look forward to working with the new team."
"We anticipate that this acquisition will be completed on or before March 1, 2004," added Aliprandi.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long-distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM." About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 SOURCE: PrimeHoldings.com
PrimeHoldings.com and Briza Technologies Acquire IT-Bibow, and Sign Letter of Intent for Product Development with Federal University of Brazil
SALT LAKE CITY, Feb. 26 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that Briza Technologies, Inc., which is being acquired by TimeMarker, Inc., a wholly owned subsidiary of PrimeHoldings.com, completed the acquisition of IT-Bibow INFO, Ltd., a Brazilian information technology services company. Briza Technologies is a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices.
"With IT-Bibow as a wholly owned subsidiary of Briza Technologies, Briza is now commercially operational and ready to do business in Brazil. Because IT-Bibow 's senior professional and technical executives remain in their current positions, post acquisition, Briza will be able finalize negotiations and sign several significant revenue-generating agreements with strategic partners in Brazil that we have been working on for the past several weeks. This will allow us to roll out Briza's and IT-Bibow's proprietary products in Brazil expeditiously," said Thomas Aliprandi, PrimeHoldings' CEO.
"Briza's proprietary technology easily lends itself to a myriad of consumer product and service applications. That is why the Brazilian Government-owned Federal University of Santa Catarina wants to join with Briza to develop our products and apply them to these diverse and specific markets. The University is a major technological institution with extensive experience in information technology, systems and automation," said Ivan Silva, Briza's President and CEO.
"We signed a letter of intent for this purpose and intend to have a fully executed joint development agreement in place in March.
This partnership will assist us not only in the immediate application of our patent pending technologies to a wider variety of products, services and customers, but will also improve and expand Briza's range of technology by initiating new information technology research projects directed, documented and completed by several of the University's hand picked masters and doctoral candidates," said Silva.
About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations: TimeMarker, Inc., developer of scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory; and UniQuest Communications, Inc., a provider of enhanced local and long- distanced phone services. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM". About TimeMarker TimeMarker, Inc. is one of the first to market with a scalable internet exchange platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to provide consumers and service providers with an efficient, market based clearing mechanism for location-sensitive, time-perishable goods and services. TimeMarker's technology is applicable in any vertical industry with perishable goods or services, high fixed costs, excess capacity, and hundreds or thousands of service providers spread across wide geographic regions include trucking, food services, and fleet management. About Briza Technologies, Inc. Briza Technologies, Inc. is a private corporation that creates and manufactures wireless credit card payment solutions and Internet security devices. Briza Technologies applies environmentally friendly technologies, or, if not available, invents such technologies, to solve real and practical problems in the credit card billing and Internet securities industries. Its current, patent pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit card and other financial transactions) and BT300 (an Internet security devise that protects a company's computers against viruses, hackers, and online theft) are currently marketed in South America.
PrimeHoldings.com and Briza Technologies Announce the Signing of a Letter of Intent with Valista
SALT LAKE CITY, March 9 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that Briza Technologies, Inc., which is being acquired by PrimeHoldings.com, signed a Letter of Intent with Valista to evaluate a possible joint venture relationship between Valista and Briza Technologies to operate top-up channels such as Wireless Application Protocol (WAP), web Short Message Service (SMS), Subscriber Identity Module (SIM) Toolkit, ATM and scratchcard on Briza's single platform for mobile prepaid applications.
Briza Technologies is a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices. Valista was formed in 2003 as a result of a merger between Network 365 and iPIN and is currently is the leading provider of electronic and mobile payments software for electronic and mobile commerce worldwide.
An award winning global company, Valista is headquartered in Ireland with offices in Europe, Japan, Asia, the US and Latin America.
Valista currently has more than150 million users with over 1000 blue-chip merchants using its merchant integration technology. Merchants using Valista applications include: Vodafone, NTT DoCoMo, France Telecom w-HA, Orange, Wanadoo, Tiscali, T-Online (France) 3 (in eight countries), Hong Kong CSL, 02, General Motors and TODO1 (North and South America). "Because Valista's premier products include micro and macro-payments, multi-channel top-up, service delivery, user-profile management, cash replacement, support multiple access channels and payment models that allow consumers to effect payment transactions wherever and however they choose to pay, these products would be an excellent compliment to Briza's current and future payment solutions business," said Briza Technologies' CEO, Ivan Silva.
"We are now reviewing a draft of the proposed joint venture agreement with Valista. Because Valista's suite of products comprise the only scalable and deployable technologies that support content and functionality delivery over all the global networks, including 2G, 2.5G, 3G, and the WAP, web, I-mode, J Sky Web, SMS and MMS, an agreement with Valista will certainly enhance Briza's SMS payment solutions technology, inhibit obsolesce and facilitate the full roll out of Briza's payments solution network," said PrimeHoldings' CEO, Thomas Aliprandi.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 PrimeHoldings.com and Briza Technologies Sign Agreement With Tele Celular Sul Participacoes S.A. to Use Briza Technologies' Short Message Servicing (SMS) Solutions to Recharge Prepaid Mobile Telephones SALT LAKE CITY, March 16 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, today announced that Briza Technologies, Inc., which is being acquired by PrimeHoldings.com, has signed an agreement with Tele Celular Sul Participacoes S.A. to use Briza's SMS payment solutions to recharge pre-paid mobile telephones in Brazil. Briza Technologies, a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices, is being acquired by PrimeHoldings.com, Inc. Tele Celular Sul Participacoes S.A., a Brazilian digital cellular telephone company , has a market cap of $491.23 million and had gross revenues of $347.52 million in 2003. "The signing of this definitive agreement with Tele Celular Sul to recharge pre-paid mobile telephones in Brazil is a major step for Briza. By the terms of the agreement, Briza will build its own distribution channels, and will receive commissions on each cellular telephone recharge and will also receive commissions for recharges sold within Tele Celular Sul's existing distribution network using our solutions," said Ivan Silva, Briza's President and CEO. "This means that we can roll out Briza's technology and generate immediate revenues, with a longer term view to the larger potential of Brazil's 47 million prepaid cellular telephone customers," said Thomas Aliprandi, PrimeHoldings.Com's CEO. "Once Briza's SMS payments solution technology is fully implemented and functioning at its highest qualitative capacity with Tele Celular Sul, our platform will have the capacity to handle other multi-dimensional payments solutions for a diverse variety of clients, including banks, nationwide in Brazil and across all of Latin America," said Silva.
PrimeHoldings.com Completes Acquisition of Cost Control Corporation
SALT LAKE CITY, March 18 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that it completed the acquisition of Cost Control Corporation.
"We are very happy to finally complete the Cost Control acquisition and add Cost Control to our company," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Cost Control's products are innovative and proprietary to the restaurant/hospitality space and represent a great opportunity for our company to expand its business very quickly into these highly profitable industries," said Aliprandi.
"Cost Control is equally enthused about aligning with PrimeHoldings.com, since it is a public company with the ability to help us improve our product development and capitalize our joint marketing efforts," said Spencer Taylor, Cost Control's CEO and President. "We have been working on this acquisition for some time, and with shareholder support it finally came together very quickly," added Aliprandi. "We have many marketing programs we intend to implement with our companies. With our products, Prime's longevity in the marketplace, its valuable management resources and its ability to help market out products, thereby enhancing and expanding our marketing contacts and capabilities, we believe that together we can become the preeminent provider of management software to the restaurant and hospitality industries in the United States," said Taylor. Effective with the acquisition, Cost Control Corporation is subsidiary of PrimeHoldings.com, Inc.
PrimeHoldings.com Launches Cost Control Corporation's Website
SALT LAKE CITY, March 23 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced the launch of its subsidiary Cost Control Corporation's new website.
"We have been working on this website for some time but we did not want to launch it until our transaction with Cost Control was finished," said Thomas Aliprandi, PrimeHoldings.com's CEO. "The new website also introduces Cost Control's new logo, corporate identity and the name of its proprietary software, 'Busboy.' Anyone interested can access the website via http://www.busboytech.com/," said Aliprandi. "We chose 'Busboy' as our software's name, because in a restaurant setting, a good busboy will do the bulk of the work but will never really get the recognition. Just like our software, a good busboy helps a restaurant's operation run smoothly and makes it possible for all employees do their jobs more effectively. Our Busboy software helps a restaurant, club or bar run more efficiently and it will do the majority of the restaurant's accounting, ordering and financial management, without any fanfare.
A hard working busboy and our hard working Busboy software -- we like the imagery. We believe that the Busboy will be the linchpin to any well run food service operation," said Spencer Taylor, Cost Control's President and CEO. "Now that Version I of Busboy is done, we have our first sale in place and our website is finished, we are anxious to open the marketing floodgates and start placing this great product in as many locations as possible this next year," said Aliprandi.
PrimeHoldings.com Announces Joint Venture Partnership with Target Communications, LLC Wednesday
March 24 2:15 pm ET SALT LAKE CITY, March 24 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced that it signed a joint venture partnership with Target Communications, LLC, a facilities-based telecommunications company focusing on international voice and data communications, with offices in Boca Raton, Florida and Houston, Texas.
"I mentioned in my last two shareholder letters, posted on our website, that an opportunity recently became available for Prime to form an alliance with a facilities-based long distance telecommunications company. This opportunity came to fruition approximately two weeks ago and we completed a joint venture agreement with Target Communications, LLC.," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Target's principals have many years of successful experience in the telecommunications industry. Target's initial long distance business is in Mexico and Latin America. Target commenced communications traffic last Friday and it has grown every day, generating revenues literally in its first minutes of operation," said Aliprandi.
"The international telecommunications industry is a multi-billion dollar business and we believe, with the depth and breadth of Target's principals' contacts, that we can capture a significant percentage of this dynamic and ever-growing business," concluded Aliprandi.
PrimeHoldings.com and Briza Technologies Estimate Revenues Under Tele Celular Sul Participacoes S.A. Agreement
SALT LAKE CITY, March 25 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications, wireless auction and proprietary restaurant and hospitality software industries, and Briza Technologies, Inc., which is being acquired by PrimeHoldings.com, today released estimates of expected revenues under the Tele Celular Sul Participacoes S.A. contract. Briza Technologies, a Hillsborough, N.J.-based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices, is being acquired by PrimeHoldings.com, Inc. Tele Celular Sul Participacoes S.A., a Brazilian digital cellular telephone company , has a market cap of $491.23 million and had gross revenues of $347.52 million in 2003.
"Last week we signed a definitive agreement with Tele Celular to recharge pre-paid mobile telephones in Brazil. Tele Celular, under the terms of the agreement, agreed to allow Briza to market to its existing distribution network," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Now that we have evaluated the strength of this contract and calculated the expected revenues from it, we believe that Briza and Prime will receive revenues in excess of $3,000,000 during this coming year," said Ivan Silva, Briza's President and CEO. "Of course, these are estimates, but they are based on empirical data and our own financial projections," said Silva.
"From a marketing perspective, this is a great start for Briza in this SMS payment space because once we prove out the business model with Tele Celular, we can duplicate this model with many other companies and customers in South and Central America," said Aliprandi. "We have everything in place to take advantage of this arrangement and bring profits to the bottom line for Briza and Prime," said Silva.
PrimeHoldings.com Announces First Week's Revenues of Joint Venture Partnership With Target Communications, LLC
SALT LAKE CITY, March 25 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced its joint venture partner, Target Communications, LLC's first week's revenues. "Because Target Communications is a facilities based telecommunications company, and because its principals commenced operations with the right client base and contacts, it has trafficked over 1,000,000 minutes of long distance, primarily in two Mexican cities, the first week of business.
This equates to approximately $15,000 in gross revenues," said Thomas Aliprandi, PrimeHoldings.com's CEO. "If business were to remain static for the next 12 months, this will result in approximately $780,000 in revenues. However, Target's business is anything but static; we believe that business will grow, if not exponentially, consistently and significantly every month for the next 12 months," said Aliprandi.
"We are excited to watch this business gain momentum every day. We, at Prime, understand telecommunications and we are glad to be involved with a company that knows how to build and profit daily from telecom. I am anxious to begin reporting constant and increasing revenues to our shareholders," 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.
PrimeHoldings.com and Target Communications, LLC Announce New Corporate Office and Acquisition of New Customer
SALT LAKE CITY, March 26 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the formation of its corporate headquarters and the acquisition of several new clients.
"Initially, we did not expect our joint venture telecommunications business to take off so quickly, but the events of the past week forced us to accelerate our plan. Consequently, we decided to establish our corporate headquarters in Boca Raton, Florida, as South Florida is a perfect location from which to direct our international telecommunications business, commencing in Mexico and Central and South America," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We plan to make further enhancements to our technical operations center in Houston, Texas also in the ensuing weeks to help mange the increase of international telecom traffic," said Aliprandi. "Additionally, we have secured contracts with several large telecom clients and testing is currently underway and progressing very well. Based upon representations from these clients, the telecommunications traffic which will be handled by Target's network represents tens of millions of minutes monthly and revenues in the hundreds of thousands. These new clients accelerate our business plan much faster that anticipated, but since Target is a facilities based telecom company, it can easily handle the additional traffic," concluded Aliprandi.
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. CONTACT: Tom Aliprandi of PrimeHoldings.com, +1-801-755-6859, orir@primeholdings.com
PrimeHoldings.com, Inc. Completes Acquisition of Briza Technologies, Inc.
SALT LAKE CITY, March 29 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, today announced its acquisition of Briza Technologies, Inc. Briza Technologies, a Hillsborough, NJ based corporation whose primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices. "From the moment we signed a letter of intent to acquire Briza Technologies in January of this year, Briza and its management has been in South America, developing technologies, signing license and marketing agreements, making acquisitions and developing state-of-the-art enhanced text-messaging and micro payment services products. In fact there has been such a flurry of positive and financially profitable activities that we have not had the time to complete Prime's acquisition of Briza," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We decided last week to finish our transaction and attack the many markets waiting for Briza's proprietary products," said Aliprandi. "With the signing of the Tele Celular Sul Participacoes S.A. contract to use our SMS technology, the acquisition of IT-Bibow INFO, Ltd. (a Brazilian information technology services company), the signing of a letter of intent to license software products, the signing of a letter of intent with the Brazilian Government-owned Federal University of Santa Catarina to develop market Briza's products jointly-since January 2004, our proprietary technology is being marketing in a myriad of channels and is finding applications in numerous consumer product and service industries we did not foresee last year," said Ivan Silva, Briza's President and CEO.
"This business really exploded when we decided to partner with PrimeHoldings and take advantage of its management expertise and contacts worldwide. With Prime's support and direction, we have done some incredible things very quickly," said Silva. "We are now evaluating our many opportunities and building financial projections to chart our progress for the next 3 quarters. We plan to generate revenues quickly and sustain our growth through focused sales and marketing as well as continued acquisitions," said Aliprandi. Effective with the acquisition, Briza Technologies, Inc. will be a subsidiary of PrimeHoldings.com, Inc.
PrimeHoldings.com and Target Communications Announce Increase in Traffic/Revenue and New Client Acquisition
SALT LAKE CITY, March 30 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced a significant increase in telecommunications traffic handled by Target's network.
Telecommunications traffic for the most recent two-day weekend (27th and 28th of March) increased by over 20% versus the previous weekend. Target's network processed 571,008 minutes versus 473,516 minutes the previous weekend. Consequently, revenues have remained on track with the increase in traffic. "The sharp week-to-week growth suggests that there is pent-up demand for our services," said Thomas Aliprandi, PrimeHoldings.com's CEO.
In addition, the joint partners have closed another sizable contract to handle traffic to key cities in Mexico, including: Mexico City, Guadalajara, Monterrey, Puebla, Queretaro, Aguascalientes, Chihuahua, Nuevo Laredo, Ciudad Juarez, Durango, Leon, San Luis Potosi, Saltillo, Toluca, Tijuana, Torreon, and Zacatecas. "We are very excited about the brisk pace of new client wins and expect the trend to continue," added Mr. Aliprandi. "As a facilities-based telecom company, Target offers an infrastructure that can easily handle tens of millions of minutes every month and has attracted request for proposals from Tier One telecommunications companies looking to expand into Latin America."
PrimeHoldings.com and Target Communications, LLC Announce Target's First 10-Day's Revenues
SALT LAKE CITY, March 31 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, and Target Communications, LLC, its joint venture partner, today announced revenues for the first 10 days of Target's operation.
"When we began operations 10 days ago, we believed that we would be able to chart our revenues' course for the next year based on how we performed during this first 10-day period. Results have far exceeded our expectations," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Revenues for the first 10 days were $30,843, equating to over $3,000 per day, from the day we opened our doors.
If our business remains constant and we do not bring on any more business from this point forward, we will realize revenues in excess of $1,000,000 this year. Based on how fast we have grown, we will now revise our business plan to account for explosive growth-not steady growth," said Aliprandi.
"Obviously, our business will not remain level and we will exert our efforts to add new business and additional traffic every week. If our performance thus far is a reflection of our future business, we will have a very profitable year in 2004," said Aliprandi.
PrimeHoldings.com, Inc. and Briza Technologies Sign Letter of Intent with the Universidade do Vale do Paraiba (UNIVAP) in Sao Paulo, Brazil
SALT LAKE CITY, April 1 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and its subsidiary, Briza Technologies, Inc., signed a letter of intent with Universidade do Vale do Paraiba's(UNIVAP) Research and Development Center to initiate joint technology development and marketing.
Briza Technologies, a Hillsborough, NJ based corporation, is a subsidiary of PrimeHoldings.com. Its primary business is the designing, manufacturing and marketing of wireless credit card payment solutions and Internet security devices, marketing primarily in Latin America.
UNIVAP's Research and Development Center is located in Sao Jose dos Campos, Sao Paulo State, Brazil. "UNIVAP is a significant educational and technological institution in Sao Paulo State, which is the largest Brazilian industrial, commercial and financial center, with extensive experience in many areas of strategic interest for Briza," said Ivan Silva, Briza's President and CEO.
"We signed a letter of intent for a 'technological cooperation and development program' and intend to execute a joint development agreement by the end of May, 2004." "As per our research and development plans, this partnership with a major University will help us expand the immediate application and marketing of our patent pending technologies to a wider variety of products, services and customers, as well as improve and enlarge Briza's range of technology by initiating new information technology research projects, the development, testing and ultimate marketing of which will be completed in Latin America's most strategic locations," added Mr. Silva.
"We are excited about this new contract with another major university in Brazil. With the university's assistance, we will be able to develop and improve our current products quickly and inexpensively. We will be connected to an existing sales and marketing channel in the very market that we want to take advantage of," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com and Target Communications, LLC Acquire 2 New Customers
SALT LAKE CITY, April 1 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the acquisition of 2 new clients.
"This week Target negotiated and signed contracts with 2 new clients to handle their international long distance traffic. Preliminary indications show that they will move about 3,000,000 combined minutes per month through Target's network, with revenues of about $75,000 per month. The annual revenue from these 2 new customers, assuming that they do not add any additional traffic with Target, will add approximately $900,000 to our annual revenues," said Thomas Aliprandi, PrimeHoldings.com's CEO. "By showing these customers the high quality of our network and providing them with competitive pricing, we feel confident they will increase their traffic steadily as the year progresses.
Because of our joint venture partner Target's enviable relationships and contacts in the telecommunications industry, we have had immediate growth and success. We plan to build on this advantage and expect to add customers, minutes, and revenues consistently," said Aliprandi.
PrimeHoldings.com, Inc. and Cost Control Corporation Announce New Pricing and Satellite Offices
SALT LAKE CITY, April 2 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software, and its subsidiary, Cost Control Corporation, today announced a new pricing structure. Doing business as Busboy Technologies (http://www.busboytech.com/), Cost Control also announced the establishment of corporate offices in Salt Lake City, Utah.
"The last few months have been quite exciting for us at Cost Control. In rapid succession, we finished our flagship product, BusBoy software, tested it successfully, signed our first contract, finished our merger with Prime and put together the nucleus of a marketing team to go out and sign up customers," said Spencer Taylor, Cost Control's President and CEO.
"Now, because of the tremendous interest in our product, we need to expand our office space as we begin to execute on our business plan," added Mr. Taylor. "We are taking new offices at the Wells Fargo Building in Salt Lake City to allow us to grow with our company." "In concert with the move to new offices, Cost Control modified its products' pricing structures to anticipate the needs of current and future customers," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Originally, our business plan was based on flat pricing for all customers. This made the product financially inaccessible to many potential customers. With that in mind, we restructured the pricing to offer 2 payment plans: one plan is a flat price plan that bills the customer the same amount every month; the second plan assesses a lower monthly base payment along with a percentage of the customer's measurable, monthly savings attributable to our software product," explained Mr. Taylor. "While eligibility for the second payment plan is based on strict criteria, it enables some of our customers to pay for the product from the savings they realize," said Taylor.
"Currently, we require a $300 initial set-up fee and a minimum $150 monthly fee. We are confident that we can easily save a property from 8 to 10 percent monthly and hope that more potential clients will consider the benefits of the monthly savings payment plan," said Aliprandi. "Ultimately, we believe that a larger client base will generate a more robust revenue stream."
PrimeHoldings.com and Target Communications, LLC Announce Acquisition of New Customer and Expanded Coverage
SALT LAKE CITY, April 6 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the acquisition of a new telecommunications client in the South Pacific.
"I am pleased to announce that Target has signed a contract with a new telecommunications client in the South Pacific to handle its international long distance traffic. To date, our client base has consisted of North and Latin companies, and we are pleased that our service offerings are attracting interest as far as the South Pacific region," said Thomas Aliprandi, PrimeHoldings.com's CEO. "We expect this customer to traffic roughly 1,000,000 minutes per month, starting immediately. This adds about $300,000 in annual revenues to our growing company," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Add Four New Cities to Telecommunications Network
SALT LAKE CITY, April 7 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of 4 new cities to its telecommunications network in Mexico.
This week, Target completed another phase of its network expansion strategy. With the addition of 4 additional cities to the existing network in Mexico -- Tampico, Tuxtla Gutierrez, Villahermosa and Guanajuato -- the company's product offering continues to become significantly more appealing to its target telecommunications market. These four new destinations will be able to process approximately 2.4 million minutes of long distance voice and data traffic generating about $60,000 per month in additional revenues.
"Although I have been involved in various aspects of telecommunications for quite some time, I was unprepared for the daily, consistent, and exciting growth that this business can realize when the right people run a facilities based telecom company," said Thomas Aliprandi, PrimeHoldings.com's CEO. "It seems that every day there is great news that eclipses the previous day's good news. With the addition of these 4 Mexican cities, our coverage expanded significantly in Mexico. The projected $720,000 of annual revenue will greatly enhance the base of revenue currently being generated by the company," said Aliprandi.
PrimeHoldings.com Announces Placement of BusBoy Software Product into High-End Salt Lake Restaurant
SALT LAKE CITY--(BUSINESS WIRE)--April 14, 2004—
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Cost Control Corporation, today announced the deployment of its proprietary restaurant software product, BusBoy software, into the high-end Panini restaurant located in Salt Lake City, Utah.
"The Panini restaurant represents an ideal location to install BusBoy and to measure the product's operational and financial impact on the restaurant," said Spencer Taylor, Cost Control's President & CEO. "Since we made our first product sales and launched the BusBoy Technologies website, we have wanted to find a single unit restaurant in Salt Lake City with an already successful operation that would allow us to demonstrate all the capabilities of BusBoy."
Panini is styled as an Italian seafood restaurant offering a menu of outstanding continental cuisine. The restaurant is located on Salt Lake's historic Main Street and overlooks the Gallivan Center Plaza at the true heart and center of downtown Salt Lake City. Last year, Panini was voted the best new restaurant in Salt Lake City.
"We are a relatively new restaurant, and as such, we need to control our costs as much as possible," explained Kevin Packer, Panini's General Manager. "This is the perfect way for us to see if we are making the right purchasing decisions." "We want Panini to be our flagship installation--a restaurant that covers all of the aspects of dining from fine dining, to quick serving, to a full service bar," said Tom Aliprandi, PrimeHoldings.com's CEO. "We will direct potential customers to Panini as a reference and expect to get positive recommendations. We believe a recommendation from a food and beverage operation such as Panini will help our marketing and sales efforts," added Mr. Taylor.
PrimeHoldings.com and Target Communications to Acquire Additional Network Equipment to Meet Demands of New Business
SALT LAKE CITY, April 19 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and its joint venture partner, Target Communications, LLC, today announced their intent to procure additional equipment to meet the demands of Target's growing telecommunications business.
"Our business has grown so rapidly that it has become necessary for us to acquire equipment that was not intended to be in place until third quarter," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Our expansion of the network consists of a is a high-density, carrier-class gateway that offers unparalleled capacity and high availability.
This equipment is specifically designed to meet the demands of large, innovative service providers, supporting up to five channelized T3's (CT3s of data, voice, and fax services, on any port at any time). It also offers high-availability features such as hot-swap on all cards, load-sharing and redundant hot-swappable power supplies, redundant route-processing cards and call-admission control to ensure 99.999-percent availability," said Aliprandi. "The new equipment will be located in Houston, Texas at the Houston Technical Operations Center -- Target's international gateway to Latin America. The unit is capable of handling 2,688 simultaneous calls and can process approximately 40 million minutes of traffic per month. We didn't believe that we would need this server until late summer, but our business demands dictate that we must have it now. We will complete this transaction by the end of the week; however, business is increasing so rapidly that we now believe we will need to add additional network equipment this summer," concluded Aliprandi.
PrimeHoldings.com and Target Communications, LLC Announce Target's First Month's Revenues
SALT LAKE CITY, April 22 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Target Communications, LLC, its joint venture partner, today announced revenues for Target's first month's unauditied revenues.
"Since Target opened its doors for business 30 days ago, we have been amazed at its fast and sustained growth. We were surprised that our first month's revenues equaled approximately $86,300 with over 6,700,000 minutes of traffic.
We intend to have audited numbers available next week and provide space on PrimeHoldings' website so that shareholders and interested parties can go online and review Target's audited numbers regularly. We have engaged an accounting firm in Boca Raton to audit Target's financial statements and provide the data for Prime to post on its website," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"Now that Target is ready to acquire additional equipment to handle more traffic, we expect its revenues to increase next month. It is quite astonishing to see how quickly this business has grown and to see the potential contracts Target has in its pipeline for the coming months," said Aliprandi.
PrimeHoldings.com, Inc. Appoints Interim CFO
SALT LAKE CITY, April 28 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in telecommunications and proprietary restaurant and hospitality software today announced the appointed of Curtis Bateman as the company's interim CFO.
"For the past two years our company has needed a financial professional to help us manage the fiscal aspects of our business. We are finally in a position to appoint Curtis Bateman as our interim CFO. Mr. Bateman will help us reestablish financial systems and policies and oversee Prime's financial business," said Thomas Aliprandi, PrimeHoldings.com's CEO. Mr. Bateman's diverse career includes financial management, sales and marketing expertise and significant operational experience.
Mr. Bateman has worked as a consultant, helping large and small companies establish internal processes and financial controls, business reporting and data analysis and protocols for management accountability and forecasting. From 1995 to 2003, Mr. Bateman worked for Sandlot Corporation, a large international software development company, working in the capacity as Vice president and ultimately Director of European Operations. During this time, he was based in England where he oversaw all of the company's business in Europe. During his tenure, Sandlot's revenues increased 100% internationally. Mr. Bateman received a Bachelor of Science form Brigham Yong University and a Masters of Business Administration from the University of Utah. "I like Curtis' unique blend of financial and operational experience. He also lived in South America for some time and speaks fluent Portuguese, which will help us manage Briza's interests in Brazil better," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Release First Calendar Month's Revenues
SALT LAKE CITY, May 4 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today release Target's first calendar month's revenues. Target's first calendar month, April 1 - April 30 revenues were $88,300.
"We wanted to measure the first calendar month's revenues so that we can better project the next three month's revenues. We are definitely on the upswing. We are adding new customers regularly and we do not see this letting up in the near future -- we expect it to increase," said Thomas Aliprandi, PrimeHoldings.com's CEO. "In fact, we handled over 710,000 minutes of traffic this last Saturday and Sunday, May 1-2. These were the two largest revenue days in our short history. Our first calendar month's revenues were excellent but we anticipate increasing our numbers this next month -- especially with our great start this past weekend," said Aliprandi.
PrimeHoldings.com and Target Communications Acquire Additional Network Equipment to Meet Demands of New Business
SALT LAKE CITY, May 5 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and its joint venture partner, Target Communications, LLC, today announced their acquisition of additional Network Access Equipment to expand current business. "Not long after we started processing traffic, the rapid growth dictated that additional network equipment would be required well before our projections indicated. This high-density, carrier-class gateway, is very difficult to obtain" said Thomas Aliprandi, PrimeHoldings.com's CEO.
"This equipment will support up to five channelized T3's (CT3' of data, voice, and fax services)," said Aliprandi. The gateway will be located in Houston, Texas at the Houston Technical Operations Center. The server will be able process approximately 40 million minutes of traffic per month. The equipment is currently being configured and should be operational by the end of next week. "Now that we have the equipment in place, we anticipate we will need additional equipment by July of this year," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Announce Engagement of Accounting Firm
SALT LAKE CITY, May 12 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Target Communications, LLC, its joint venture partner, today announced the engagement of an accounting firm in Boca Raton, Florida to review and verify its revenues for shareholder or interested parties' review.
Target also announced its revenues for the first week of May. Target's revenues for its first week in May were $27,934, which translates into a monthly run rate of approximately $120,000. "The first week in May's revenues are approximately 42% higher than the same period last month and we anticipate this percentage increase to carry through the month," said Thomas Aliprandi, PrimeHoldings CEO.
"Also we are engaging an accounting firm in Boca Raton, Florida to perform on-going accounting services. The firm will verify Target's revenues and we will post them on our website in a designated location so that our shareholders and all interested parties can keep track of Target's remarkable growth," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We have set very specific fiscal objectives for Target in the next 12-month period and we want our shareholders to chart our progress with us weekly. We feel that this is another step towards keeping our shareholders informed relative to the very specific operations and successes of our company, our subsidiaries and our joint venture partners," said Aliprandi.
PrimeHoldings.com and Busboy Technologies Announce Joint Marketing Agreement
SALT LAKE CITY, May 13 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Busboy Technologies, Inc., a PrimeHoldings.com subsidiary, announced the signing of a joint marketing agreement with Fried Pickles, LLC, a company that markets and sells a proprietary point of sale software product to the restaurant and hospitality industries. "Fried Pickles has been operating for about two years and we have been aware of its product and customer base. It presently has over 50 restaurant, bar and nightclub customers and all of these are prime potential customers for BusBoy," said Spencer Taylor, Busboy Technologies' President.
"Fried Pickles has a lot of momentum right now because we are successfully operating in many diverse restaurant and bar locations. We love Busboy's suite of products and expect to market these to our current customers. With Fried Pickles' software product and Busboy's restaurant management tools, I believe that we can capture a great deal of business very quickly. We are very anxious to market Busboy's products and in turn have Busboy's salespeople sell our point of sale software product," said David Andrews, Fried Pickles' Executive Vice President. "Aligning Busboy right now with Fried Pickles is very good for Busboy. It has an existing customers and experience in selling software solutions to the very customers we have on our marketing radar screen," said Thomas Aliprandi, PrimeHoldings' CEO.
Busboy Technologies Adds Co-Location Server
SALT LAKE CITY, June 1 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Busboy Technologies, Inc., a PrimeHoldings.com subsidiary, announced the addition of a co-location server with Blue Host / Hosting Solutions to meet expected traffic and provide system redundancy.
"We are very close to completing several contracts that will require additional server space. We have been working with Blue Host/Hosting Solutions for the past several months and we are pleased with its exceptional equipment (it has an OC-48 Backbone connection) and the hands on service it offers its customers and partners," said Spencer Taylor, Busboy's CEO. "The equipment is secure with system backups. With the amount of sensitive information we hold about our customers and their operations, Blue Host is the right choice for us for a co-location server," said Taylor.
"Reliability is the key to success on the Internet. With Blue Host's quality redundant systems we can be sure that our data is always available for both our customers and us. Security, redundancy and availability are significant issues these days and our restaurant customers are quite concerned about this issue. Blue Host provides the solution to assuage our customers concerns, thereby making our current sales and marketing efforts easier and less complicated," said Thomas Aliprandi, PrimeHoldings' CEO.
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. (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.
PrimeHoldings.com Announces Acquisition of 264 New Busboy Technologies' Customers at HITEC Show
SALT LAKE CITY, July 6 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM) , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Busboy Technologies, today announced the acquisition of 264 new customers at the HITEC hospitality show in Dallas this past weekend. "We used the premier hospitality show, HITEC, to launch our Busboy suite of products. The response was overwhelming!" said Spencer Taylor, Busboy's President.
"We expected to sign up 20 or 30 new customers, but our booth overflowed all weekend with club and restaurant owners looking for better software management products solutions to help run their businesses. By the end of the show, we signed up 264 new customers." "Demand for our products at the HITEC show exceeded even our most optimistic projections," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"We knew there was a need in the hospitality and restaurant industries for customized software management tools to help these businesses run more cost efficiently-but the number of customers that we signed up exceeded the high end of our sales targets by nearly 800%," said Aliprandi. "With this kind of immediate success at the HITEC show, we have set higher expectations for customer acquisition at the Western Food Expo in Los Angeles later this summer and the FSTEC show in Orlando in October," added Taylor. "Our financial projections show Busboy Technologies financially self-sufficient with positive revenues with 54 paying customers. We planned to achieve this goal by the first quarter of 2005, but we are now clearly well positioned to reach this milestone sooner," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Deliver 10 Million Minutes for August; Annualized Revenues Surpasses $1.3 Million
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 8, 2004—
PrimeHoldings.com, Inc. (BULLETIN BOARD: PMHJ.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 sharp increases to both the amount of revenues and minutes billed by Target Communications during the month of August.
Target Communication reported a surge in international traffic with revenues topping $115,000 on over 10.8 million minutes for the month ending August 31, 2004. Annualized revenues handily surpassed $1.3 million with the goal of reaching the $2.0 million threshold by the end of the year. "After five months of operations, we continue to experience significant month-to-month growth driven by strong global demand for our long-distance carrier services, particularly in Latin America and South America," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"While the Company completes its final corporate restructuring, the underlying business and growth strategy remain sound," added Mr. Aliprandi. "The joint venture is on track to reach breakeven on a cashflow basis within the next 180 days."
PrimeHoldings.com and Target Communications, LLC Boast Single-Day Revenue Record; Annualized Revenues on Track to Reach $2.0 Million by Year-end
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 14, 2004—
PrimeHoldings.com, Inc. (BULLETIN BOARD: ), 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 record results for a single day.
Target Communications reported revenues of $6084.07 and a total of 567,570 minutes billed for its telecommunications carrier service on Sunday, the 12th of September, 20004. Previously, Target Communications reported a surge in international traffic with revenues topping $115,000 on over 10.8 million minutes for the month ending August 31, 2004. "At our current rate of progress, we are very confident about reaching our goal of $2.0 million in annualized revenues by the end of the calendar year," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com, Inc and Busboy Technologies, Inc. Announce Joint Marketing Venture with EventSwift
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 29, 2004—
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Busboy Technologies, today announced a joint marketing venture with Busboy Technologies and EventSwift, a marketing company based in San Diego, California that markets a unique and proprietary event planning software solution to the restaurant and hospitality industries.
EventSwift's software product allows a customer to manage and plan events by gathering customer information, generating contracts, creating event menus, tracking sales, and executing marketing campaigns, locally or remotely. EventSwift's customers include owner operated to large international chain restaurants throughout the United States. Busboy Technologies and EventSwift intend to cross-license their respective software, integrate them into their product offerings and market to each other's customer bases. EventSwift is also in the final stages of developing a table scheduling software product that Busboy and EventSwift will jointly beta test. "The two products are very complementary and it makes sense for us to combine our two products to better serve those clients that are in need of scheduling software for their event planning and restaurant reservation departments," said Spencer Taylor, President and CEO of Busboy Technologies.
"A partnership with Busboy represents an opportunity for us to increase our product inventory and expand our customer base. Our partnership will also allow Busboy to incorporate our 'Event Planning' software module into its software, giving it another component to help its customers in their individual restaurant and club operations," said Greg May, President of EventSwift. "Adding EventSwift's software to our products will help both Busboy and EventSwift accelerate market penetration into the restaurant and hospitality industries," added Tom Aliprandi, President and CEO of PrimeHoldings.com.
PrimeHoldings.com and Target Communications, LLC Announce Single-Month Revenue Record; Annualized Revenues on Track to Reach $2.0 Million by Year-End
SALT LAKE CITY--(BUSINESS WIRE)--Oct. 4, 2004—
PrimeHoldings.com, Inc. , 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 record results for a single day.
Target Communications reported revenues of $141,626.41 for the month ending September 30, 2004, up 22.6% from August's revenues of $115,454.69. Meanwhile, the company reported a total of 13,068,294 minutes in telecommunications services, up 20.8% from the previous month's total of 10,810,613 minutes. "Our revenues and traffic volumes have increased steadily for the last three months while adding new customers and new routes. We are very pleased with our progress after only six months of operations," said Thomas Aliprandi, PrimeHoldings.com's CEO. "At our current revenue rate, we are extremely confident that we will reach our goal of $2.0 million in annualized revenues by the end of the calendar year."
PrimeHoldings.com and Busboy Technologies Releases New Enhanced Version of Flagship Restaurant Management Software
SALT LAKE CITY--(BUSINESS WIRE)--Oct. 5, 2004—
PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and its subsidiary, Busboy Technologies, today announced a significant upgrade to Busboy Technologies' flagship restaurant management software product.
The new software release will be based on Java and will offer a new and improved "dashboard". It will also feature improved functionality and an intuitive user-friendly interface. In addition, the underlying database server technology is enhanced to provide more robust reliability and security. "The development of a Java application is an important initiative to make our product even easier for some of our less technologically savvy clients to use," explained Bryce Cottam, Busboy Technologies Senior Software Architect. "Since Busboy software has always been based on an ASP model, we can constantly making major and incremental updates to the software as needed." "The latest software release reflects an ongoing commitment at Busboy Technologies to respond to the needs of its rapidly growing customer base," added Tom Aliprandi, CEO of PrimeHoldings, parent company of Busboy Technologies.
PrimeHoldings.com and Target Communications, LLC Increase Forecast for Annualized Revenues to $3.0 Million by Year-end
SALT LAKE CITY--(BUSINESS WIRE)--Oct. 12, 2004—
PrimeHoldings.com, Inc. , 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 one-day record results and raised its annualized revenue outlook.
Target Communications reported revenues of $12,818.11 for Sunday, the 10th of October, 2004, more than double its revenue levels a month ago. Meanwhile, the company also reported a total of 825,588 minutes billed for its telecommunications services for the same period. "At our present rate of growth, we are likely to reach our goal of $2.0 million in annualized revenues by the end of October," said Thomas Aliprandi, PrimeHoldings.com's CEO. "We are now projecting annualized revenues to top $3.0 million by year-end." The Target Communication's management team is also eagerly anticipating its first one million-minute day this month, an important milestone that was originally anticipated to occur in early 2005.
PrimeHoldings.com and Target Communications, LLC Reach One Million-Minute Milestone
SALT LAKE CITY, Oct. 28 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ), 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 its first one million-minute day, an important milestone that was reached on Sunday, the 24th of October, 2004. Target Communications reported revenues of $14,228.46 on a total of 1,064,999.1 minutes billed for its telecommunications services.
"Our next major goal is for the joint venture to reach breakeven on a cashflow basis," said Thomas Aliprandi, PrimeHoldings.com's CEO. "At the current rate of growth, we believe that this milestone can be achieved by February 2005."
"As we add new destinations to our international portfolio, we're seeing both new and existing customers transferring more of their telecommunications business to us," added Aliprandi. Target Communication's management team recently raised its forecast for annualized revenues from the joint venture to reach $3.0 million by year-end.
PrimeHoldings.com and Target Communications, LLC Announce Record Weekend Revenue Results
SALT LAKE CITY, Nov. 4 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (BULLETIN BOARD: PMHJ.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 record results for the two most recent weekend days. Target Communications reported revenues of $16,362.67 for Saturday October 30, up 17.3% from the previous record Saturday of $13,948.95.
Meanwhile, the company reported revenues of $18,307.23 for Sunday October 31 -- an increase of 28.7% from the previous record Sunday of $14,228.46. "Our revenues and traffic volumes continue to increase steadily as we add new customers and additional international routes. As conservative as we've tried to make our projections, there is no way to minimize the fact that all aspects of the company are growing at an impressive rate. These recent achievements will once again require us to adjust our revenue projections upward," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com and Target Communications, LLC Announce Record High in Monthly Revenues Target's Monthly Revenues for October Reach $304,140
SALT LAKE CITY, Nov. 11 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] [-] [News] (BULLETIN BOARD: PMHJ.PK - News) , 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 a 114% increase in Target's monthly revenues for October 2004.Target Communications reported revenues of $304,140 for the month ending October 31, 2004, up 114% from September's month-end revenues of $141,626. Additionally, the company reported a total of 21,630,366 minutes in telecommunications services, up 65.5% from the previous month's total of 13,068,294 minutes.
"Our revenues and traffic volumes continue to increase with October representing a significant spike in revenues and telecommunications minutes. With this new milestone achievement we must once again adjust our projections upward with our new goal of $4.0 million in annualized revenues," said Thomas Aliprandi, Primeholdings.com's CEO.
PrimeHoldings.com and Busboy Technologies Announce First Customer in Las Vegas Hotel and Casino Market The Riviera Hotel and Casino Engages Busboy Technologies for Software Integration Solution
SALT LAKE CITY, Nov. 16 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] [-] [News] (BULLETIN BOARD: PMHJ.PK - News) , a diversified holding company with early-mover initiatives in the subsidiary, today announced the engagement by The Riviera Hotel and Casino [RIV] to develop a custom solution that bridges its POS system with its back-office inventory management system.Busboy Technologies will leverage its popular Busboy Software version 2.1 to integrate POS software by Infogenesis along with J.D. Edwards 'ERP systems.
"Much of our data input is not only multi-themed but also event driven. By using the Busboy software solution for the many facets of our hotel and casino events planning, we can streamline the process, eliminate data entry redundancies and have all of our complex and critical data organized and available to all involved in the event-from the event planner to the busboys- saving us time, money and frustration," said Lloyd Wentzel, The Riviera Hotel and Casino's Vice President of Food and Beverage. "We see an immediate return on investment, just by enabling our company to free up valuable resources by implementing Busboy's software solutions."
"The Riviera Food and Beverage Management Division's management needs for event planning and restaurant operational control are representative of the issues and needs that the hospitality and food services industries need to address," said Spencer Taylor, Busboy technologies' President and CEO. "Busboy's development contract with The Riviera Hotel and Casino is another demonstration of our ability to help restaurants, clubs and now casinos manage their businesses and resolve sensitive information gaps with product and data management solutions." About Riviera Holdings Riviera Holdings Corporation owns and operates the Riviera Hotel and Casino on the Las Vegas Strip and the Riviera Black Hawk Casino in Black Hawk, Colorado. Riviera is traded on the American Stock Exchange ("Amex") under the symbol RIV.
For more information, please visit the website at http://www.rivierahotel.com/. *** posted on www.uptick.com 11/18/04 PrimeHoldings.com, Inc. (OTCBB: PMHJ) Corporate Overview PrimeHoldings.com, Inc. (OTCBB: PMHJ) is a diversified holding company for diverse and synergistic companies, ranging from high-growth electronic commerce businesses to innovative and proprietary software companies, with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries. PrimeHoldings and its team of executives and consultants offer technical, marketing, legal, public relations, financial and commercial management expertise to its portfolio companies as well as to its joint venture partners. PrimeHoldings is positioned to continue its pattern of acquiring, managing and cross marketing a variety of high quality and dynamic companies whose business or asset base mesh well with Prime’s current portfolio and can benefit from Prime’s management and marketing expertise. PrimeHoldings is well positioned to capitalize on the explosive growth of electronic commerce and all other potentially profitable opportunities. PrimeHoldings intents to acquire and manage a diverse portfolio of businesses that will yield an outstanding return on shareholder investment. PrimeHoldings is also looking to add to its portfolio other cutting-edge Internet-based e-commerce companies over the next year. This will allow for PrimeHoldings to leverage technologies and services to provide explosive growth in their diversified e-commerce holdings. Proprietary Technology The collection of solid, real time data is mission critical for a restaurant’s operation. Franchises and multi-unit operations long ago realized this, and have created systems to meet these needs. Until now, there has not been a reliable, real time software product that is available to the smaller individual or multi-unit restaurant owner. Busboy technologies software fills those needs. Busboy Technologies is a subsidiary of PrimeHoldings (http://www.primeholdings.com/). Busboy is a software solution developed by hospitality professionals, for the Hospitality Industry. The software works with both multi-unit and stand-alone operations to increase profitability by at least 10%. Busboy’s software was created through the experiences of managers, chefs and owners. The software is a product of the frustration of years of experience, and the understanding that a great many of the needs for data were not easily met, as well as the fact that the Front of the House and the Back of the House often operate autonomously to the detriment of the entire restaurant operation. This frustration gave birth to the idea of the Busboy Technologies software, a complete and inclusive solution for the data needs severely lacking in the Hospitality Industry. Busboy addresses the issues of actual versus theoretical food cost and escalating overhead by streamlining the bid and ordering process, integrating operations data from POS and accounting systems, managing vendors, and maximizing cash flow management. All of this information works together to increase profit margins and keep managers out of the back office allowing them to spend more time on the floor where they are most needed. BusBoy continues to add new customers while migrating data from clients to its newly upgraded server and enhanced ASP software platform. PrimeHoldings has also started billing customers who have begun using the platform. These clients/customers are those who have all their necessary data entered into the BusBoy system and can now take advantage of the BusBoy software services. There has been a tremendous amount of RFP's (request for proposals) from large distribution channels that would like to introduce the BusBoy software services to their clients. Partnerships One of PrimeHoldings’ joint venture partners, Target Communications LLC, has been demonstrating an amazingly aggressive growth rate in its revenues (primeholdings.com), despite being undercapitalized. Target Communications is involved in the business of providing international voice and data long distance with an emphasis on the Mexican market, the most frequently called country from the USA. Mexico has perhaps the most complex telecommunications system in the world with regards to dialing plans to its various cities, which provides serious challenges to carriers who route traffic into the country. Few carriers have the ability to implement such complex routing schemes because it requires a tremendous amount of system memory and costly SCP’s (Signaling Control Points). Target has these systems in place and is able to capitalize on its abilities to perform these enhanced functions. Target has an impressive amount of assets and resources in place, and thus is positioned to generate a great amount of revenue without any further investment in equipment. It would not be implausible to see the company grow to $12M in yearly revenues with the equipment and network infrastructure which is already in place and functioning today. When this potential is combined with sufficient capitalization, the possibilities seem almost limitless. Until recently, Target’s business revenues have been based on low cost high volume Mexican traffic. However, the company has just added more routes to higher revenue per minute countries. The rates per minute to these new countries are dramatically higher. As recently as today, these routes have been tested and approved for accepting traffic from newly added customers. Some of these customers are billion dollar multinational companies who demand the quality network services Target provides. The success of PrimeHoldings’ partnership with Target Communications is an example of why Prime is positioned to enable companies realize business success. -------------------------------------------------------------------------------- All material herein is information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by StoneRidge Capital, LLC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this profile have approved the statements made in this profile. This profile contains forward-looking statements that involve risks and uncertainties. Statements in this press release about the company's future expectations other than historical facts, are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Act of 1934, as that term is defined in the Private Securities Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward looking statements. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the Company's SEC reports that could cause results to differ materially from those expressed or implied include, but are not limited to, the results of future tests and the availability of funding for additional research and development. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. StoneRidge Capital, LLC is not a licensed broker, broker dealer, market marker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.uptick.com/. StoneRidge Capital, LLC and or its affiliates have received 1,000,000 shares of PMHJ stock from a third party. To date, 0 shares have been sold. StoneRidge Capital, LLC intends to sell all shares owned within the next 60 days and may sell those shares for less than any target price given in this opinion. StoneRidge Capital, LLC's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this profile and may profit in the event those shares rise in value. StoneRidge Capital, LLC does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. end of www.uptick.com 11/18/04 posting ***
PrimeHoldings.com and Target Communications, LLC Announce the Addition of 2 New International Destinations
SALT LAKE CITY, Feb. 15 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of two (2) new international destinations to their product offering.
"This week Target finished the provisioning and testing of two new international routes to Honduras and Nigeria which will be incorporated into its product offering. This comes on the heels of Target finalizing a significant arrangement to add 53 new cities in Mexico to its international portfolio which is projected to add an additional $200,000 in revenues. We expect these new city destinations to generate considerable new revenue and add a nice level of diversification to our offering," said Thomas Aliprandi, Primeholdings' CEO. "We are enthused about our continued success in the expansion of our Mexico offering while making our services more attractive to our clients through product diversification," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Announce the Addition of 53 Cities in Mexico
SALT LAKE CITY, Feb. 8 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of 53 cities in Mexico.
"This week Target finalized negotiations to add 53 cities in Mexico to its international portfolio. We expect these new city destinations to generate an additional $200,000 per month in revenues which will start to flow upon provisioning completion of the cross-border facilities now in progress" said Thomas Aliprandi, Primeholdings' CEO. "Latin America continues to be our primary focus and we seem to be adding new destinations on a regular basis. We don't see this pattern changing anytime soon," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Add New Destinations in Latin America
SALT LAKE CITY, Feb. 23 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ News), 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 the addition of two (2) new international destinations to their product offering.
"The past few weeks have seen increased activity for Target's international long distance product offerings in Mexico, Latin America and Africa. On the heels of this new business, we are now adding Colombia and Nicaragua to our international portfolio. This addition is in line with Target's objective to augment its offerings and create a greater presence in Latin America," said Thomas Aliprandi, PrimeHoldings' CEO. "We believe that these new destinations, once enabled and operating, will result in $100,000 additional monthly revenues to Target."
PrimeHoldings.com and Target Communications, LLC Add New Destinations in Latin America
SALT LAKE CITY, March 9 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ), 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 the addition of two (2) new international destinations to their product offering.
"The past few months have seen increased activity for Target's international long distance product offerings. Continuing with Target's objective to augment its offerings and create a greater presence in Latin America, we have added two additional countries in Latin America - Ecuador and El Salvador," said Thomas Aliprandi, PrimeHoldings' CEO. "As we approach the one year anniversary of the commencement of Target's operations, we are optimistic that the 12 month operating results will yield further good news," said Aliprandi.
PrimeHoldings.com and Target Communications, LLC Enter Into Financing Agreement With HiProtech International, Inc. Company to Provide Equipment and Receivables Financing
SALT LAKE CITY, March 22 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. (Pink Sheets: PMHJ), 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 that they have entered into an agreement with HiProtech International, Inc., to provide equipment and receivables financing for Target Communications.HiProtech International, Inc., a 7-year old company, with corporate offices in Salt Lake City, Utah, offers unique credit, equity, equipment, receivables, venture capital, bridge and mezzanine financing and commercial investments for start up, on-going, emerging and established companies nationwide.
"Target's growth has been explosive since its inception. We have opportunities virtually every week to expand our telecommunications business in existing and new markets, but capital constraints limit the amount of new business we can take on in any given period. HiProtech facilitating our equipment and receivables financing needs enables us to take advantage of these many opportunities and further accelerate our growth," said Thomas Aliprandi, PrimeHoldings.com's' CEO. "In our business we see many companies at various stages of development and they all need capital to grow. Most do not have sufficient revenues or assets or stable enough management to justify any type of credit facility. Target is at a stage in its development where it needs basic growth capital and we believe that it is a perfect emerging company for our services: Target has an outstanding, albeit short, revenue history; it has significant assets; and it has superior management. Once the credit facility is in place, we will fund a receivables financing line so that Target can seize all of the tremendous growth opportunities available to it. We expect to have the facilities in place within the next ten days," said Gloudina Robbertse, HiProtech's President and CEO.
PrimeHoldings.com and Target Communications, LLC Announce Revenue Results for their First Twelve Months of Operations and Achievement of Reaching Their First Year $2.0 Million Revenues Prediction
SALT LAKE CITY, March 29 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.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 their revenue results of their first year of operations.
Target Communications reported revenues of $2,026,813.27 from March 19, 2004 through March 18, 2005."Not only is it difficult to believe that our first year of operations has come to a conclusion, but the fact that we achieved, and exceeded, our projections of $2M in yearly revenues, is a major accomplishment for the company, its personnel, and its shareholders.
Our goals have been met through hard work, determination, and experience, which makes the achievement of our goals that much more extraordinary. We are thrilled with our progress and are motivated even further by meeting our goals. At our current revenue rate growth, we are extremely confident we will reach our 2005 goal of $6.0 million in annualized revenues," said Thomas Aliprandi, PrimeHoldings.com's CEO.
PrimeHoldings.com and Target Communications, LLC Announce 5th Consecutive Month of Revenue Growth
SALT LAKE CITY, May 4 /PRNewswire-FirstCall/ --
PrimeHoldings.com, Inc. [PMHJ.PK] (BULLETIN BOARD: PMHJ.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 growth in its revenues for the 5th consecutive month ending April 30th, 2005."Revenues were up 9% for the period of April 2005 ($265,726) over the previous month of March 2005 ($243,672).
Additionally, Target achieved steady growth for 5 consecutive months which resulted in a total increase of 26% in revenues for the 5 month period ending April 30, 2005," said Thomas Aliprandi, PrimeHoldings.com's CEO. "Given that we are in the final stages of completing our funding arrangements, which will be the primary source of stimulating further growth, it is remarkable that we achieved revenue increases during this lean period. We hope to have our reviewed numbers available in the next week and we will post the final results on our web site as soon as we receive them," said Aliprandi.
Prime Holdings Obtains a 63% Profile Rating on Stock Information Systems
SALT LAKE CITY--(BUSINESS WIRE)--May 6, 2005—
Prime Holdings (Pink Sheets: PMHJ) PMHJ has just been listed on www.stockinformationsystems.com and has reported sufficient information to receive a profile rating of 50% or better. This rating guarantees PMHJ a listing on the front page. Shareholders will be pleased to know that PMHJ now has an "Ask the CEO" option at stockinformationsystems.com.
This is one of the most used features and the most insightful, giving the shareholder access to the CEO of PMHJ. PMHJ also currently has some impressive "monthly numbers" reported and charted on www.stockinformationsystems.com. These systems have a unique way of gathering information. The greater part of the data comes directly from the company CEO and each company is ranked on how timely and complete their information is kept. Each company must report on a monthly basis to keep their rating high. This voluntary monthly reporting is an effective information flow and keeps shareholders up to date of the company's progress.
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