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OTC Ortac Res.

2.45
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ortac Res. LSE:OTC London Ordinary Share VGG6829M1187 ORDS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.45 2.40 2.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Dalrada Financial Corporation Files Annual Report

14/10/2005 3:00pm

PR Newswire (US)


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SAN DIEGO, Oct. 14 /PRNewswire-FirstCall/ -- Dalrada Financial Corporation (OTC:DRDF) (BULLETIN BOARD: DRDF) , which provides a variety of financial services to small and medium-sized businesses, allowing its customers to outsource many human resources tasks, today announced its filing of Form 10KSB with the U.S. Securities & Exchange Commission. The Company reported revenues of $19.5 million for the fiscal year ended June 30, 2005, up 44.4 percent from revenues of $13.5 million for the fiscal year ended June 30, 2004. Dalrada announced a gross profit of $2.946 million. Services provided by Dalrada include payroll processing, workers' compensation insurance, health insurance and employee benefits. These financial services relieve existing and potential customers of the burdens associated with personnel management and control. Dalrada provides services through its wholly-owned subsidiaries and division, SourceOne Group, Inc., Master Staffing and Heritage Staffing. The Solvis Group, Inc. (OTC:SLVG), its 90 percent owned subsidiary, includes several operating units, including CallCenterHR(TM), Worldwide of California, and M&M Nursing. These companies and business units provide a broad range of financial services, including benefits and payroll administration, health and workers' compensation insurance programs, personnel records management, employer liability management, and temporary staffing services, to small and medium-sized businesses. Solvis also operates Imaging Tech, Inc., whose proprietary product, PhotoMotion(TM), is a patented color medium of multi-image transparencies. The process uses existing originals to create the illusion of movement, and allows for three to five distinct images to be displayed with an existing lightbox. About Dalrada Financial: Dalrada Financial Corporation, headquartered in San Diego, California, provides a number of professional services related to human resources for businesses. Dalrada provides a variety of innovative financial services to businesses, including comprehensive human resource administration and employee benefits such as health insurance, HSA savings plans, and 401(k) plans. Dalrada also offers debit card payroll accounts and payroll advances. These services enable small employers to offer benefits and services to their employees that are generally available only to large companies. Dalrada's SourceOne Group(TM), subsidiary is a professional employer organization, which provides a variety of personnel and human resources services to small to medium-sized businesses. Information on the Company is available at http://www.dalrada.com/. About The Solvis Group: The Solvis Group, a subsidiary of Dalrada Financial Corporation, includes a number of operating units, including M&M Nursing Services, CallCenterHR(TM), and Jackson Staffing. The Company provides a variety of innovative financial services to businesses, including comprehensive human resource administration including payroll and workers compensation insurance; and employee benefits such as health insurance, supplemental insurance, HSA savings plans, 125 cafeteria plans, and 401(k) plans. The Company also offers debit card payroll accounts and payroll advances. These services enable small employers to offer benefits and services to their employees that are generally available only to large companies. The Company also includes an imaging products and services unit, Imaging Tech, Inc., which provides a variety of innovating products and services associated with graphics, photography, and color management. Its technologies include ColorBlind(R) software and PhotoMotion Images(TM). For more information visit The Solvis Group websites at: http://www.thesolvisgroup.com/, http://www.mandmnursing.com/, http://www.colorvisuals.com/, and http://www.color.com/. Safe Harbor: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release. CONTACT: Brian Bonar, CEO Dalrada Financial Corp. 9449 Balboa Avenue San Diego, CA 92123 (858) 277-5300 Paul Knopick E & E Communications 949/707-5365 DATASOURCE: Dalrada Financial Corporation CONTACT: Brian Bonar, CEO of Dalrada Financial Corp., +1-858-277-5300, ; or Paul Knopick of E & E Communications, +1-949-707-5365, , for Dalrada Financial Corporation Web site: http://www.thesolvisgroup.com/ Web site: http://www.dalrada.com/

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