CorpHQ Signs Comprehensive Engagement With Hawaiian Construction Company
Tuesday March 27, 9:30 am ET
REDONDO BEACH, CA--(MARKET WIRE)--Mar 27, 2007 -- CorpHQ, Inc. (Other OTC:COHQ.PK - News) today announced that it has been engaged to provide a comprehensive suite of business management services to Stronghold Industries - Hawaii Inc., a joint venture between Bear62 Corporation and Stronghold Industries Inc. (Other OTC:SGDS.PK - News) on the Island of Oahu in the State of Hawaii.
Under the terms of the agreement, CorpHQ will allocate the services of its management team to provide hands-on consultation to the venture in areas of executive and operational management, and will also provide the services of associated professionals on an as needed basis. These services will include: financial statement preparation by a CPA; design consultation and direction for marketing and advertising campaigns; public relations and corporate communications; and design and development of a website, database and electronic communications infrastructure. CorpHQ will be compensated through monthly fees and will also receive a percentage of gross profits generated by the venture.
Steve Crane, CorpHQ's CEO, said, "We see a strong potential for accelerated growth in the near term for this venture. Our job is to build and maintain their systems and infrastructure to enable that growth. We are confident that we can help management navigate through a very exciting period in their company's history."
"We are also pleased to expand our presence into the Hawaiian market, and see significant potential for new projects and client engagement in the coming months," added Crane.
About CorpHQ, Inc.
CorpHQ, Inc. provides management services to high caliber early stage companies. The company voluntarily reports all financial information and material events on www.pinksheets.com.
About Stronghold Industries - Hawaii Inc.
Stronghold Hawaii is a rapidly growing construction services company targeting major projects in Oahu's government and private sector residential and commercial construction industries.
Forward-Looking Statements
Any statements made in this press release that are not based on historical facts are "forward-looking statements," as such term is defined in the Private Litigation Reform Act of 1995. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2005 Voluntary Annual Report and subsequent Voluntary Quarterly Reports, and in particular the discussions contained under "Risk Factors."
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