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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.
(OTC:PRIM.PK) (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.
"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.; Target Communications, LLC
CONTACT: Tom Aliprandi of PrimeHoldings.com.Inc., +1-801-755-6859,