PrimeHoldings.com and Target Communications Acquire Additional Network Equipment to Meet Demands of New Business

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.

"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. 

DATASOURCE: PrimeHoldings.com, Inc.



CONTACT:  Tom Aliprandi, PrimeHoldings.com, Inc., [phone],





Web site:  http://www.primeholdings.com/ 

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