sorry yesterday , 04/07/2009:
RCC Plans for Positive Growth in Adverse Economy
RCC Plans for Positive Growth in Adverse Economy
RCC Holdings, Corp. ("RCC") (Pink Sheets:RCCH) has completed its 2009 strategic planning meeting, attempting to update its path in light of the changing economic conditions and experience it has gained over the last year and a half. Based on the result of this planning, it has directed its management team to focus on future acquisitions/partnerships that:
1. Provide remote or rural operational capability and
2. Are participating in environmental, energy, or communications related business sectors.
3. Develop relationships with Universities across the United States allowing earlier business stage opportunities.
This does not preclude other sectors if the opportunity arises, but it does direct the company into areas that the company believes it has particular strengths in management, relationships and understanding. Future business relationships will not be limited to the continental United States, and in fact, RCC anticipates that opportunities will emerge that will allow RCC to participate in business outside the U.S., some of which it has already begun preliminary work on.
Benchmarks have been met and progress has been made relative to the TSX merger. Guidelines from the Exchange have been received and are being used by Management to complete the transaction.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
RCC Holdings Corp.
Gene Newton, CEO, 909-483-6500
