Here is a pr the Burnt for today.
Halo Group, Inc. Expands Again in Allen, TX
Date : 11/12/2009 @ 7:00AM
Source : MarketWire
Stock : Halo Group, Inc. (GPAX)
Quote : 0.2 0.0 (0.00%) @ 2:05AM
Halo Group, Inc. Expands Again in Allen, TX
ALLEN, TX -- (Marketwire) -- 11/12/09 -- Halo Group, Inc., a nationwide consumer financial services company and subsidiary of GVC Venture Corp. (OTCBB: GPAX), is expanding for a third time in the One Allen Center, a Duke Realty building, located on the west side of Central Expressway between the McDermott and Bethany exits. The third expansion will draw down the majority of the fifth floor. With the expansion, Halo Group, Inc. will now occupy over 34,000 square feet in Allen, Texas.
The Allen Economic Development Corporation worked with Halo to keep the expansion in the city. Robert Winningham, executive director and CEO of Allen Economic Development Corporation, played a key role in keeping Halo in Allen and was very supportive of this expansion project. "We are pleased to assist with the expansion of this dynamic company, and to help create jobs in North Texas," said Winningham. "Halo is the type of company we like to have in Allen."
Halo first moved from Richardson, TX to One Allen Center in February of 2008. It was in November last year that they made their first expansion.
"It is our desire to keep the Halo group of companies under one roof as we continue to expand," states Tony Chron, president of Halo Group, Inc. "It allows for greater efficiency in the allocation of resources and personnel, enabling us to run a lean operation."
Another important benefit to housing the Halo companies at one location is preserving the unique Halo culture. Halo Group, Inc. is a parent company comprised of nine subsidiaries and over 100 employees. The thriving company prides itself on the dedication to excellence and shared values of its employees. Halo management is actively involved in ensuring the values and standards the company was built on is maintained as the company grows.
"There is a synergy at Halo that pervades everything we do. We don't want to lose that," states Mr. Chron.
The Halo team is working toward finalizing the project. Construction is finished, the certificate of occupancy has been issued, and a move in date of December 1st has been targeted. "The build out is sharp and perfectly suited to our needs. This new space will give us the room we need to achieve our growth and development strategies and we are anxious to get in there," adds Mr. Chron.
About Halo Group, Inc.
Halo Group, Inc. is a nationwide holding company based in Allen, TX with nine subsidiaries that operate primarily in the consumer financial services industry including debt, mortgage, real estate, credit, loan modification, and insurance. Halo has been recently recognized by Inc. Magazine, Comerica Banks' Collin 60, Capital One Bank Celebration of Enterprise, and the SMU Cox School of Business Dallas 100. For more information about Halo Group, Inc., visit www.myhalogroup.com.
Cautionary Language Concerning Forward-Looking Statements:
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in GVC Venture Corp.'s filings with the Securities and Exchange Commission. GVC Venture Corp.
disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
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