PrimeHoldings.com and Target Communications, LLC Announce Engagement of Accounting Firm SALT LAKE CITY, May 12 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. , a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries software, and Target Communications, LLC, its joint venture partner, today announced the engagement of an accounting firm in Boca Raton, Florida to review and verify its revenues for shareholder or interested parties' review. Target also announced its revenues for the first week of May. Target's revenues for its first week in May were $27,934, which translates into a monthly run rate of approximately $120,000. "The first week in May's revenues are approximately 42% higher than the same period last month and we anticipate this percentage increase to carry through the month," said Thomas Aliprandi, PrimeHoldings CEO. "Also we are engaging an accounting firm in Boca Raton, Florida to perform on-going accounting services. The firm will verify Target's revenues and we will post them on our website in a designated location so that our shareholders and all interested parties can keep track of Target's remarkable growth," said Thomas Aliprandi, PrimeHoldings.com's CEO. "We have set very specific fiscal objectives for Target in the next 12-month period and we want our shareholders to chart our progress with us weekly. We feel that this is another step towards keeping our shareholders informed relative to the very specific operations and successes of our company, our subsidiaries and our joint venture partners," said Aliprandi. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press 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, Inc., +1-801-755-6859,

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