LAS VEGAS, Sept. 17, 2009 (GLOBE NEWSWIRE) -- For a company offering managed technology services that enhance communication and lower costs, any new agreement that creates revenue opportunities for the company is beneficial. When that agreement also seems to create a new frontier of possibilities for the company itself, the deal can be more than what appears at face value. An announcement this morning by PrismOne Group Inc. (OTCBB:PMOZ) appears to be such a deal.
A profile detailing advances in telecommunications and managed technology services for business has been published at SmallCapSentinel.com. The report will focus on PrismOne Group Inc. (OTCBB:PMOZ), an already profitable company endeavoring in the aforementioned industry, and is of interest to investors of other established telecom companies Level 3 Communications, Inc. (Nasdaq:LVLT), Qwest Communications (NYSE:Q), VocalTec Communications Ltd. (Nasdaq:VOCL), and BCE Inc. (NYSE:BCE).
The report is available at www.SmallCapSentinel.com/PMOZ
In a morning release, PrismOne reports that Papaya Clothing, a wholly owned subsidiary of Cornerstone Apparel, Inc., has selected PrismOne to deploy a pilot program to provide integrated communications services to reduce costs and to enhance communication. The project rollout will include three stores initially within the Central Florida area. Upon Papaya approving the pilot, PrismOne could capture the remaining seven locations in Florida.
To do so would give PrismOne not just the inherent value of servicing those multiple locations, but a template and case study it can use to target the enormous opportunities in the retail sector.
More on PMOZ: PrismOne is successfully generating high margin revenue without any overt marketing effort thus far. Q4'08 sales of $365k ($1.5mm/annum Run Rate -- 200% growth over 2007) have validated the superior service/features/value proposition for clients. This highlights the path forward toward domestic growth. The company is currently projecting revenues for Q1'09 to exceed $950k (300% of Q108).
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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $30,000 and 20,000 shares of PMOZ for this report and other services by Emerging Markets Consulting (EMC), a financial relations consultant to PrismOne/PMOZ. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.