Diversified Corporate (AMEX:HIR)
Historical Stock Chart
From Jun 2019 to Jun 2024
Diversified Corporate Resources Announces Wells Fargo Credit Facility
DALLAS, Dec. 18 /PRNewswire-FirstCall/ -- Diversified Corporate Resources, Inc.
announces that it has been approved for a new Senior Credit facility and
expects to close the facility with Wells Fargo Business Credit immediately.
This facility more than doubles the Company's previous facility which was with
Greenfield Commercial Credit. J. Michael Moore, the Chairman and CEO of the
Company, commented that, "We have had a great partnership with Don Barr and his
people at Greenfield, but this new relationship with Wells Fargo validates our
turn around efforts during 2003 and ensures us that we will have sufficient
credit with which to significantly grow our business".
Diversified Corporate Resources, Inc. is a national employment services and
consulting firm, servicing Fortune 500 and larger regional companies with
permanent recruiting and staff augmentation in the fields of Engineering,
Information Technology, Healthcare, BioPharm and Finance and Accounting. The
Company currently operates a nationwide network of nine regional offices.
Statements in this Press Release that are not historical facts, including, but
not limited to, projections or expectations of future financial or economic
performance of the Company, and statements of our plans and objectives for
future operations are "forward-looking" statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended and involve a number of risks and
uncertainties. No assurance can be given that actual results or events will not
differ materially from those projected, estimated, assumed or anticipated in any
such "forward-looking" statements. Important factors (the "Cautionary
Disclosures") that could result in such differences include: general economic
conditions in our markets, including inflation, recession, interest rates and
other economic factors; the availability of qualified personnel; our ability to
successfully integrate acquisitions or joint ventures with our operations
(including the ability to successfully integrate businesses that may be diverse
as to their type, geographic area or customer base); the level of competition
experienced by us; our ability to implement our business strategies and to
manage our growth; the level of development revenues and expenses; the level of
litigation expenses, and other factors that affect businesses generally.
Subsequent written and oral "forward-looking" statements attributable to us, or
persons acting on our behalf, are expressly qualified by the Cautionary
Disclosures.
DATASOURCE: Diversified Corporate Resources, Inc.
CONTACT: J. Michael Moore, CEO of Diversified Corporate Resources, Inc.,
+1-972-458-8500
Web site: http://www.dcri.net/