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Thursday, 06/03/2004 12:28:58 PM

Thursday, June 03, 2004 12:28:58 PM

Post# of 275590
PRIM news - PrimeHoldings.com and Target Communications, LLC Announce Approximate 25% Increase in Target's Second Month's Revenues
6/3/2004 12:23:00 PM

SALT LAKE CITY, Jun 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- PrimeHoldings.com, Inc. (OTC Bulletin Board: PRIM.PK), a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries and Target Communications, LLC, its joint venture partner, today announced an approximate 25% increase in Target's second month's revenues.

"We received Target's unreviewed numbers for its second month of operations today and we were quite pleased with an approximate 25% increase over last month's revenues. We had customers that were ready to move their international traffic to Target, but waited until our new access server was operational. We expect these customers to come on board this month," said Thomas Aliprandi, PrimeHoldings.com's CEO.

"This is quite remarkable since we have only been in business a little over 70 days. We hope to have our reviewed numbers available in the next few days and we will post the final results on our web site as soon as we receive them," said Aliprandi.









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