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PCCE Polen Capital China Growth ETF

11.03
-0.2995 (-2.64%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Polen Capital China Growth ETF AMEX:PCCE AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.2995 -2.64% 11.03 11.04 11.03 11.04 107 21:00:06

PACEL Corp. Announces Closing on World Wide Personnel of Maine, Inc.

21/03/2006 11:00am

PR Newswire (US)


Polen Capital China Grow... (AMEX:PCCE)
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CHARLOTTE, N.C., March 21 /PRNewswire-FirstCall/ -- PACEL Corp. (OTC:PCCE) (BULLETIN BOARD: PCCE) PACEL Corp. announces that it will close the acquisition of World Wide Personnel Services of Maine, Inc. on Thursday, March 23, 2006. PACEL Corp entered into a letter of intent to purchase World Wide Personnel Services of Maine, Inc. and United Personnel Services, Inc. in November 2005. PACEL Corp. completed the acquisition of United Personnel Services, Inc. in early March 2006. World Wide Personnel Services of Maine, Inc. and United Personnel Services, Inc. are leading Professional Employer Organizations in Maine. Combined these two companies will generate approximately $500,000 in gross profit for PACEL Corp. and will approximately double PACEL Corp.'s revenue. This acquisition combined with the acquisition of United Personnel Services, Inc. extends PACEL Corp.'s operating footprint to the Northeast area of the country giving us a strong presence along the Atlantic coastline. "We are looking forward to the closing now that all the details have been finalized," stated Gary Musselman, President of PACEL. "World Wide Personnel Services of Maine, Inc. is an excellent organization and will be valuable members of the PACEL family." World Wide Personnel Services of Maine, Inc. will continue to operate with the current management team and continue to serve their client base. Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by forward-looking statements, including the impact of competition, the success of existing and new product releases, the management of our growth, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission. DATASOURCE: PACEL Corp. CONTACT: Gary Musselman of PACEL Corp., +1-704-643-0676

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