PrimeHoldings.com and Target Communications, LLC Add Four New Cities to Telecommunications Network
April 07 2004 - 2:20PM
PR Newswire (US)
PrimeHoldings.com and Target Communications, LLC Add Four New
Cities to Telecommunications Network SALT LAKE CITY, April 7
/PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. , a diversified
holding company with early-mover initiatives in the
telecommunications and wireless auction space, and proprietary
restaurant and hospitality industries software and Target
Communications, LLC, its joint venture partner, today announced the
addition of 4 new cities to its telecommunications network in
Mexico. This week, Target completed another phase of its network
expansion strategy. With the addition of 4 additional cities to the
existing network in Mexico -- Tampico, Tuxtla Gutierrez,
Villahermosa and Guanajuato -- the company's product offering
continues to become significantly more appealing to its target
telecommunications market. These four new destinations will be able
to process approximately 2.4 million minutes of long distance voice
and data traffic generating about $60,000 per month in additional
revenues. "Although I have been involved in various aspects of
telecommunications for quite some time, I was unprepared for the
daily, consistent, and exciting growth that this business can
realize when the right people run a facilities based telecom
company," said Thomas Aliprandi, PrimeHoldings.com's CEO. "It seems
that every day there is great news that eclipses the previous day's
good news. With the addition of these 4 Mexican cities, our
coverage expanded significantly in Mexico. The projected $720,000
of annual revenue will greatly enhance the base of revenue
currently being generated by the company," said Aliprandi. "Safe
Harbor" Statement under the Private Securities Litigation Reform
Act of 1995 Statements in thispress 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,
+1-801-755-6859, or
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