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PrimeHoldings.com Announces Acquisition of 264 New Busboy
Technologies' Customers at HITEC Show
SALT LAKE CITY, July 6 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc.
(OTC:PRIM) (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.
"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.
CONTACT: Tom Aliprandi of PrimeHoldings.com, Inc., +1-801-755-6859,
DATASOURCE: PrimeHoldings.com, Inc.; Busboy Technologies, Inc.
CONTACT: Tom Aliprandi of PrimeHoldings.com, Inc., +1-801-755-6859 or
Web site: http://primeholdings.com/