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[stockstoretire]

PYPR: Announces Joint Venture Agreement w/DESIMPLEX




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Mon Feb 12 13:20:25 2007 EST
Ridgeland, MS, FEB 12, 2007 (EventX/Knobias.com via COMTEX News Network) --
By Fain Hughes, [e-mail]
DESIMPLEX announced a new joint venture with PANAMERSA Corporation/PayPro
Incorporated (PYPR). The partnership is expected to bring future revenue of $70
million in the next four years
DESIMPLEX, along with their sales organization, EIS Consulting, is currently
providing software solutions to Latin American and European clients with a second
phase of growth moving them into the U.S. and Canadian markets. DESIMPLEX products
are based on high-quality technology, customization of processes for the client,
and the best practices for solutions in software engineering. Growth is anticipated
to move into five continents with two released product versions per year and a new
product line every year for the first five years of growth.
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