PPJ Enterprise (PPJ) (PINKSHEETS: PPJE), a leader in proprietary automated health care reimbursement cycle software (all specialties), online health information digital systems software and practice information management digital system software for health care providers and general businesses worldwide, has announced that its subsidiary, Professional Billing Service (PBS), has secured a $21,000,000 workers' comp lien collection contract with a surgery center in the Southern California area. The company forecasts this contract may yield in excess of $1,500,000 in additional revenue during the next 12 to 18 months.

"This new billing contract will provide additional milestones for the company's financial health during the year of 2011. We expect this contract to provide consistent cash flow to the company," noted Chandana Basu, CEO of PPJ.

PPJ Enterprise is traded under the symbol PPJE.PK

For more information please contact: PPJ Enterprise Management at (775) 348-5735, website: http://www.ppjenterprise.com/, email: info@ppjenterprise.com.

Forward-Looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risk and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

Investor Relations DME Capital LLC Matt Graci Tel 516-476-6352 matt@dmecapital.com

PPJ Healthcare Enterprises (PK) (USOTC:PPJE)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more PPJ Healthcare Enterprises (PK) Charts.
PPJ Healthcare Enterprises (PK) (USOTC:PPJE)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more PPJ Healthcare Enterprises (PK) Charts.