Premier Information Management Announces CEO News Letter
March 16 2010 - 11:18AM
Marketwired
Premier Information Management, Inc. (PINKSHEETS: PIFR) today
released a CEO News Letter in anticipation of coming news releases.
First let me state that 2010 will be a great year for Premier.
Following substantial restructuring, Premier is a fundamentally
different company in the healthiest position of its history.
Second we must apologize to frustrated investors for the lack of
news during 08/09. The company has now created a policy for
communications which we feel will strike the proper balance between
transparency and market awareness.
As many are aware, businesses in Premier's market sector often
suffer from cash flow issues. In 2008/09 with prevailing market
conditions, Premier had to make some hard choices in order to
address difficulties in raising cash required to sustain existing
clients and fund growth. We are pleased to say the end result was a
healthy reduction in operating costs without any losses in
productivity.
Over the next several weeks, based on recent events, the company
will be making a number of significant announcements. In addition,
the company has applied to have its trade listing returned to full
Pink Sheet status. This process usually takes between one and two
months.
We look forward to significant growth in 2010 and we hope our
investors will reap the benefit of Premier's new strength and
direction.
Sincerely,
Tom Miller CEO
Premier Information Management, Inc. provides business critical
information to the global Insurance and Healthcare industries by
integrating fast and efficient database driven electronic content
management systems to reduce and manage costly risk. Utilizing
proprietary software with specially integrated modules, Premier
realizes significant increases in data-in/out-report efficiencies
delivering decision-critical reports significantly faster than the
industry standard. Utilizing the most secure, flexible, and cost
effective means to capture, manage and transmit sensitive
information, Premier's EDI solutions are the new standard in the
information management industry.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by words or phrases
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements. Among
other things, the business outlook and quotations from management
in this press release contain forward-looking statements.
Statements that are not historical facts, including statements
about Premier's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of important factors could cause actual
results to differ materially from those contained in any
forward-looking statement. Premier does not undertake any
obligation to update any forward-looking statement, except as
required under applicable law.
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