COLORADO SPRINGS, Colo., Jan. 22, 2004 (PRIMEZONE) -- Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administration services to provide business outsourcing and business process management services, announced today that it has launched a new service called Project Management Services due to the demand being expressed to Maximum around the world.
Substantial infrastructure, products, businesses and partnerships have already been acquired by Maximum in the process of building out its operations. In Project Management Services, Maximum is using this infrastructure to enable and assist clients in the launch of new products, services and profitable business projects. For example, a company looking to expand into Africa or Latin America could contract Maximum to manage its roll-out in return for which Maximum would receive fees and a percentage of revenues generated thereafter. The project would utilize Maximum's new research and call center, custom platform for streamlining operations and strategic partners to manage the roll-out.
"Recently there has been a strong trend towards a new profitable business model that has come about as a direct result of the lack of venture capital, particularly in the field of IT," said Eric Majors, CEO of Maximum. "I refer to this as the 'new economy model' where companies partner with other businesses willing and able to provide the specific infrastructure required to launch any new product or service. In this model, the need for venture capital is replaced with business partners who posses all or part of the required infrastructure. It is actually not a new concept but has re-emerged out of necessity given today's dry financial markets."
Project Management Services slowly evolved as the company's infrastructure grew to a point where it could support virtually any business project. With a base of interested clients and capacity to support them, Maximum decided to launch the new service and service them through its back offices. Maximum's business model and technology platform coupled with its infrastructure enable it to take on exponentially more projects than could be managed through more traditional business models.
"The new economy model has actually been around for centuries and has been used by some of the most successful businesses in the world," stated Joshua Wolcott, CFO of Maximum. "What is new in our approach, however, is that not only do we manage projects through partnerships but we also take a very strong commitment to using commerce as a tool to help the people that 'big business' typically ignores. Not only is it socially responsible, it also appeals to a wider spectrum of potential partners ranging from government departments to non-profits to multi-national corporations. Furthermore, we find that in some markets we literally have no competition. As a result of all of this, we have been able to meet with and sign deals with top-notch partners."
"Our policy is we only start new business units or projects if we have interested customers beforehand," said Majors. "With the addition of our new service offering, I expect to see many more partnerships, clients and results this year. It simply takes time and the right people to put together something of the size and scope that we are trying to achieve. We have made tremendous strides in a short period of time and plan on continuing at this pace. As our global team expands, I believe it sends the message that we are not the only ones who believe we have the tools and talent required to make Maximum a major success."
For more information about Maximum Dynamics, Inc., visit the company's website: http://www.maximumdynamics.com .
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Maximum Dynamics assumes no obligation to update the information contained in this press release. Maximum Dynamics' future results may be affected by its ability to continue to implement its hedge fund administration services, its newly acquired Internet marketing capabilities, its dependence on procuring highly competitive hedge fund administration contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire.