MXDY..nice news..I am holding waiting for good things to happen..been disapointed before in OTC's holding but maybe this one will surprise me..(InternetWire) Maximum Dynamics, Inc. Builds Sales and Support Infrastructure Maximum Dynamics, Inc. Builds Sales and Support Infrastructure
COLORADO SPRINGS, CO -- (MARKET WIRE) -- 10/08/03 -- Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administration and client side support, announced today that it has begun building out its sales and support infrastructure.
"With our subsidiary, Unilogic, following up on two dozen proposals under consideration and working to close several significant contracts before year-end, it is critical our infrastructure is ready to support rapid growth," said Eric Majors, CEO of Maximum. "To that end, we are proactively working on building a team of competent and well-respected sales, engineering and support professionals."
Maximum was able to attract top-tier talent in South Africa through the issuance of S-8 stock as payment for services. "The people we are aligning ourselves with here are very focused on the idea of building long-term value," Majors added. "They also agree with our management team that we are undervalued, especially in light of our business development efforts that are on-going. Add those two ingredients together and you have a situation where many people here prefer to receive payment through stock. These people are here on site to see what we are doing everyday and stock in our company is their preferred method of payment. I believe that validates what we are doing and why we are excited about our future."
The recipients of S-8 stock are in addition to various strategic partnerships that Maximum and Unilogic are currently forging. All of the individuals are being engaged as independent sales agents or engineers and will receive their certificates when their respective benchmarks have been met. All individuals have also signed separate agreements that restrict the volume of shares that can be sold during a month period.
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.
CONTACT: Joshua Wolcott Maximum Dynamics, Inc. Tel: 303-733-3484 *** end of story ***
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