Polaris International Holdings (PIHN)

[ahpinvestmentz]

Polaris International Holdings, Inc. Completes Japanese Acquisitions and Targets US Market Share
Date : 12/01/2009 @ 5:45AM
Source : Business Wire
Stock : Polaris International Holdings, Inc. (PIHN)
Quote : 0.0006 0.0 (0.00%) @ 2:05AM


Polaris International Holdings, Inc. Completes Japanese Acquisitions and Targets US Market Share





Polaris International Holdings, Inc. (PINKSHEETS:PIHN), a global IT outsourcing services company with a U.S.-Japan dual market base, announced today that the Company has completed its current acquisition strategy for Japan.


Kuni Misawa, CEO of Polaris Holdings International stated, “I am most pleased with the completion of our latest acquisition, Polaris Technologies’ IT services business. With this acquisition, we now provide a complete menu of IT outsourced services and solutions for our current base of global Fortune 100 companies. Polaris Technologies’ IT services business will now become a division of Staff IS. We are also very excited about a few select opportunities that are developing in the United States for Polaris International that can become a very nice complement for our current IT business in Japan. We look forward to future IT business developments in the US as we enter the new year.


With the completion of the acquisitions by Polaris Holdings International of the IT services businesses of Staff IS and Polaris Technologies, Polaris International Holdings is now positioned for growth in Asia and to begin its reach into North America. Mr. Misawa also added that, “It is our goal to continue to deliver the same level of high quality service, professional competency and business knowledge for the finance industry that we are already known for. We believe that keeping our customers trust in us, more than anything else, will provide the strength and stability to allow us to grow and deliver a steady ROI for our investors.”

We have now activated a “Registration for Updates” module on our website. Please visit www.polaris-int.com and register to receive periodic updates.


About Polaris Technologies, Inc.:

Polaris Technologies, Inc. was established in 2005 and is an Application Service Provider company that provides IT services from business framework design to implementation and ongoing support. Polaris Technologies manages and distributes software-based services and solutions to clients across a wide area network from a central data center. As part of their service offerings, Polaris Technologies provides business analyst consulting for valuating cloud computing models and solutions to help companies reach not only their budgetary goals but also time to market for customer services and offerings.


About Polaris International Holdings, Inc.:

Polaris International Holdings, Inc., a Delaware corporation with offices in Huntington Beach and Los Angeles, California and in Tokyo, Japan is in the business of supplying services for Network Infrastructure, ASP and Cloud Computing Solutions. Its management team is composed of seasoned international business professionals with over 60 years of expertise in technology, media, entertainment and investment industries. POLARIS with both a U.S. and Japan market base is well positioned for the global evolution occurring in IT services and is meeting this evolution with its progressive collection of 'Cloud Solutions and Services' for its corporate Fortune 100 clients. POLARIS’ near term plan is to build out its ‘Global IT Services’ through acquisitions and/or strategic partnerships. The Company is currently engaged in due diligence with several international businesses which, if successfully completed, will significantly expand its territory from Japan to include other rapidly growing Asian markets and North American markets. www.polaris-int.com

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.


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