PrimeHoldings.com Inc (fka PRIM)

[Investolator]

PMHJ - PrimeHoldings.com and Target Communications, LLC Announce the Addition of 2 New International Destinations
2/15/2005 1:30:09 PM

SALT LAKE CITY, Feb 15, 2005 /PRNewswire-FirstCall via COMTEX/ -- PrimeHoldings.com, Inc. (OTC: PMHJ.PK), a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and Target Communications, LLC, its joint venture partner, today announced the addition of two (2) new international destinations to their product offering.

"This week Target finished the provisioning and testing of two new international routes to Honduras and Nigeria which will be incorporated into its product offering. This comes on the heels of Target finalizing a significant arrangement to add 53 new cities in Mexico to its international portfolio which is projected to add an additional $200,000 in revenues. We expect these new city destinations to generate considerable new revenue and add a nice level of diversification to our offering," said Thomas Aliprandi, Primeholdings' CEO. "We are enthused about our continued success in the expansion of our Mexico offering while making our services more attractive to our clients through product diversification," said Aliprandi.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

CONTACT: Tom Aliprandi of PrimeHoldings.com, [phone],

[e-mail]


SOURCE PrimeHoldings.com, Inc.; Target Communications, LLC

Tom Aliprandi of PrimeHoldings.com, [phone], [e-mail]


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