MANALAPAN, N.J., May 16, 2006 (PRIMEZONE) -- Stratus Services Group, Inc. (OTCBB:SSVG), the SMARTSolutions(tm) Company (the "Company" or "Stratus"), a leading provider of technology staffing and technology productivity consulting is pleased to announce that it has retained the services of Value Capital Partners, Inc. ("Value Capital"), a Scottsdale, Arizona-based investor relations and consulting firm. Value Capital specializes in the development and execution of a strategic investor relation campaign for emerging growth and micro cap companies. Value Capital plans to increase Stratus' shareholder base and raise investor awareness by building a new following through its network of stockbrokers, investment bankers, institutional investors, analysts and individual investors.
Value Capital plans to coordinate a comprehensive marketing of Stratus' new business plan and turn-around situation by conducting conference calls, meetings and road shows directed at the investor community. Value Capital plans to answer all questions and advise the current shareholder base on any and all public developments that the Company has made.
"With Stratus' new focus on technology, which creates greater margins and profitability, we feel certain that the investor community will embrace Stratus' story," stated Charles Cocuzza, Managing Partner of Value Capital. "We look forward to working closely with Stratus to communicate the obvious investment potential of this exciting turn-around situation to our database of institutional investors and investment professionals."
Joseph J. Raymond, Chairman and CEO, commented, "After our significant due diligence and comprehensive research we feel confident with our selection of Value Capital Partners to execute this initiative for Stratus. We are now excited about the Company's new direction after having gone through significant changes recently. That being said, the timing could not be better to tell the story of the Company's new direction to Value Capital's investor community as well as to our existing shareholder base. I feel extremely confident that the combination of Value Capital's management's proven track record and our fundamental business turnaround will finally bring increased value to our shareholder base. I want to thank all of Stratus' shareholders for their patience through this transition and I look forward to working closely with Value Capital's network of potential new investors for the Company."
About Stratus Services Group, Inc.
Stratus provides a broad range of information technology staffing and project consulting through its joint venture with Stratus Technology Services, LLC.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, changes in the market for Internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words intend, expect, should, project, anticipate, and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made.