Virogen, Inc.'s Technical Consulting Business Model Continues
Momentum in Choppy Economy
SAN GERONIMO, Calif., April 5, 2013 /PRNewswire/ -- Virogen,
Inc. (OTCPink: VRNI), a holding company specializing in
data security and encryption technology, today announced continuing
positive progress of its technical consulting business unit, its
new consulting arm. VRNI's new technical consulting unit has
identified and successfully recruited highly-skilled technical
personnel well-positioned to address any client-defined IT
requirements. The company expects to execute ongoing
placements throughout the second quarter of this year.
The process of presenting the business unit's IT personnel to
its client companies is time consuming, due to the highly sensitive
nature of the target positions, especially when the client
companies are Fortune 500 firms. However, the current
economic environment has caused the IT consulting segment to be one
of the few economic segments that appears to be benefiting from the
uncertainty surrounding the implementation of the new health care
legislation, as there is a growing upward trend in contract
recruitment, in general, due to this uncertainty. Thus, this
uncertainty serves as the exciting catalyst to VRNI's plans going
forward. Because the company has begun to successfully
overcome the existing hesitancy of the client-company's operating
managers to engage its technical consulting unit, the company
remains optimistic about the prospects of its technical consulting
unit.
About Virogen, Inc.
Virogen, Inc. is a technology holding company. The company's
wholly owned subsidiary, Tiger Team Technologies "T3," has
developed a very unique suite of copyrighted tools to address the
network and database security needs of enterprise level companies
and corporations. T3's risk management offering provides an
unprecedented level of security and liability protection,
positioning it as the only company with a comprehensive solution to
data security breaches for its clients. T3's primary markets
include medical service providers, financial services firms,
brokerages and currency transaction platforms, consumer credit card
companies, banking entities, retailers, defense and government
related operations.
Forward-Looking Statements:
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of Virogen, Inc. and members of its management
as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ
materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions
the occurrence of unanticipated events or changes to future
operating results.
Contact:
Paul Hogan
Phone: 415-488-6214
Email: paul@tigerteamtech.com
SOURCE Virogen, Inc.