ANAHEIM, Calif., June 2, 2006 (PRIMEZONE) -- The Solvis Group (Pink Sheets:SLVG) (www.thesolvisgroup.com), a subsidiary of Dalrada Financial Corporation (OTCBB:DRDF), is headquartered in Anaheim, California, providing staffing and human resources support services to small and medium-size businesses throughout the U.S., today announced that it has filed Form 10-KSB for the year ending September 30, 2001.
"This filing is the first step to bring the Company up-to-date on its filing requirements with the U.S. Securities and Exchange Commission (SEC)," said Brian Bonar, CEO of Solvis.
Mr. Bonar continued, "This filing and subsequent filings, to follow shortly, will allow Solvis to apply for re-listing on the Over the Counter Bulletin Board (OTCBB), a regulated quotation service for fully reporting companies. Solvis common shares currently trade on the National Quotation Bureau Electronic Pink Sheets.
"Being current in our required filings will assist us in pursuing key acquisitions and strategic alliances currently targeted by Solvis," Mr. Bonar said, "and allow our shareholders to have the opportunity to follow the Company more closely, since the OTCBB is carefully monitored by all major financial sites on the Internet and elsewhere."
More than 3,000 securities are listed on the OTCBB, with approximately 230 market makers.
The Solvis Group companies include CallCenterHR(tm), M&M Nursing Services and Pro Health Home Care. These companies and business units provide a broad range of financial services, including benefits and payroll administration, health and workers' compensation insurance programs, personnel records management, employer liability management, and temporary staffing services.
About The Solvis Group:
The Solvis Group, a subsidiary of Dalrada Financial Corporation, includes a number of operating units, including M&M Nursing Services and CallCenterHR(tm). The Company provides a variety of innovative financial services to businesses, including comprehensive human resource administration including payroll and workers compensation insurance; and employee benefits such as health insurance, supplemental insurance, HSA savings plans, 125 cafeteria plans, and 401(k) plans. The Company also offers debit card payroll accounts and payroll advances. These services enable employers to offer benefits and services to their employees that are generally available only to large companies.
The Company also includes an imaging products and services unit, Imaging Tech, Inc., which provides a variety of innovating products and services associated with graphics, photography, and color management. Its technologies include ColorBlind(r) software and PhotoMotion Images(tm). For more information visit The Solvis Group websites at: www.thesolvisgroup.com, www.mandmnursing.com, www.colorvisuals.com, and www.color.com.
Safe Harbor:
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.