LAS VEGAS, June 8, 2005 (PRIMEZONE) -- Public Company Management Corporation (OTCBB:PUBC), an emerging company providing consulting and advising services to companies seeking to access public capital markets, announced that it has signed a record 14 contracts with new clients from December 2004 through May 2005. The 14 contracts since December 1, 2004, represent a milestone in PUBC's quest to champion the benefits of the public markets for small business. In addition, as a result of these contracts, Public Company Management Corporation's President has been awarded 25,000 shares of PUBC stock for each signed contract, for a total of 350,000 shares.
"We are thrilled to have signed on so many new clients in the past six months, but we don't plan to slow down at all," Brock said. "In fact, my goal is to sign at least 40 clients this year, because I believe that all small business owners with master business models who want to grow their companies into national and international businesses should have access to the capital markets."
Under each of its new contracts, PUBC will assist its small business client in becoming a publicly traded company on the OTCBB through a proposed private placement and registration for resale of securities issued by the client. PUBC will also consult with each client on maintaining compliance with the reporting requirements of the Securities Exchange Act. The companies that have entered into contracts with PUBC this year include:
-- Nasutra, LLC, a producer of all-natural herbal supplements. -- Spectrum Apparel, Inc., which designs, manufactures and sells women's undergarments based on patent-pending technology. -- Millennium Technology, Inc., which develops, manufactures and sells Magnetic Resonance Imaging systems. -- Magnate Equities, Corp., a real estate investment, redevelopment and management company. -- MilFin, Inc., which offers consumer loans to active, full-time military personnel. -- CC Glassco LLC, parent company of The Glassman, Inc., a full-service glass company for commercial and residential uses. -- Supremacy Financial Corporation, which uses patent-pending technology to help merchants prevent fraudulent transactions. -- Z Yachts, LLC, the largest full-service brokerage company serving both recreational boaters and the $36 billion dollar marine industry. -- Driver Link, Inc., a truckload motor carrier. -- Pro Travel Network, Inc., which provides tools, support systems and comprehensive training for independent home-based travel agents. -- FLC Properties, Inc., a real estate investment and management company. -- Systems Annex, LLC, a technology company offering automation products and tech support. -- Sputnik, Inc., which provides a leading software platform for wireless networks and applications. -- Gourmet Express, Inc., gourmet pizza delivery service.
"Investors and corporate America have been sorely disappointed by the fraudulent activities of many large corporations, but small business issuers, such as PUBC's latest dozen clients, are the 'farm team' to the next great companies of the world," Brock said. "Based on our own experience and expertise, PUBC plans to continue helping small businesses achieve the goal of going public and taking that first step toward becoming a large, publicly-traded company."
About Public Company Management Corporation
PUBC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PUBC supports the full lifecycle of entering the public market through its various subsidiaries:
Education -- Pubco White Papers (http://www.PubcoWhitePapers.com) hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing -- Go Public Today (http://www.GoPublicToday.com) provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance -- Public Company Management Services (http://www.PCMS-Team.com) assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PUBC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Safe Harbor
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 risks 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.