I-TAP, Inc. Receives Order From TD Garden, Home of the Boston Bruins and Celtics Marketwired Halberd Corporation 39 minutes ago SOUTHFIELD, MI--(Marketwired - Sep 16, 2014) - Halberd Corporation (PINKSHEETS: HALB) subsidiary I-TAP, Inc. announced that the company has received a purchase order from the Delaware North Companies for the installation of I-TAP's proprietary electronic draft beer dispensing systems at TD Garden in Boston, home of the Boston Bruins and Celtics.
The Delaware North Companies are a global leader in hospitality and food service with more than $2 billion in annual revenue.
"We are extremely pleased to be working with such a highly respected leader in the hospitality industry and the iconic Boston Garden," said John Osborne, Founder and President of I-TAP, Inc. "We had previously conducted a successful test of the I-TAP system at TD Garden and achieved keg yields in excess of 98%. We look forward to the installations of more I-TAP systems at additional facilities operated by the Delaware North Companies that could result in $27 million of gross revenue for I-TAP."
I-TAP, Inc. is the developer of the electronic I-TAP draft beer dispensing system for the facility management, hospitality and food service industries. They are located in Sarasota, Florida. www.itapit.com
Halberd Corporation is a Holding Company and Incubator for early stage high growth businesses. They are located in Southfield, Michigan. Halberd Corporation trades on the OTC Market under the ticker symbol HALB. www.halberdcorporation.com
Safe Harbor This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases "would be," "would allow," "intends to'" "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement. Contact: John C Maddox CEO Halberd Corporation 248-763-3203
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