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IJJP IJJ Corporation (PK)

0.00095
-0.00005 (-5.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
IJJ Corporation (PK) USOTC:IJJP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.00005 -5.00% 0.00095 0.0008 0.001 0.0011 0.0008 0.0009 109,097,273 21:00:01

IJJ Corp. is changing its SIC Industry Classification to Manufacturer in preparation for Disaster Shelter Management Responde...

11/10/2011 7:43pm

Business Wire


IJJ (PK) (USOTC:IJJP)
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IJJ Corporation (Pink Sheets: IJJP) The Board of Directors has announced today that the company is changing its SIC - Industry Classification from 7373 - Computer Integrated Systems Design to a SIC Industry Classification 3990 Miscellaneous Manufacturing Industries. The official change will better assist IJJ Corporation’s ability to continue to build a market position. In addition to the company restructuring its business model, eventually the change would result in forcing IJJC to become a Manufacturer as a resolve of the requirements to fabricate and assemble the Disaster Shelter Management Responder System (DSMRS). This decision was derived after researching the advantage of being an Original Equipment Manufacturer versus a System Integrator, which enhances IJJC's ability to negotiate for supply and demand for component level acquisitions. Thus, this will potentially increase our competitive position for lower component acquisition of equipment in establishing a production line to assemble DSMRS for potential customized orders. Moreover, this will add additional value to IJJC’s focus and business development efforts in creating a more objective branding of the Company. The change will officially take effect within the next few business days.

"We are excited about this refocusing of our business model,” stated Clifford Pope, President and CEO of IJJ Corporation. “This will allow us to implement a very targeted and aggressive effort in capturing sales revenues by providing a first class solution to the governmental sector.”

About IJJ Corp.:

IJJ Corp. is a Diversified Technologies company focused on developing high tech solutions for the government and the private sector to provide rapid decisions through information processing. The Company's technologies include: Voice, Data and Video Rapid Conferencing Solutions; Disaster Shelter Recovery Systems; Mobile Disaster Management Systems; Medical Hospital Advisor Systems; IT Management and Consulting Services; Secure Data Center Services; Network Operation Centers; and Enterprise Management Power Suites. The Company's objective is to continue to develop and integrate services and products in order to provide the most comprehensive, cutting edge, turnkey solutions to its clients.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

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