Polaris International Holdings (PIHN)

[lancefz]

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. "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." Staff IS Cabling Operation Profit & Loss for Three Years for 07/01/06~ 06/30/09 2008 2007 2006 Revenues $3,115,789 $3,676,985 $3,365,210 Direct Operating Costs 2,315,789 2,834,943 2,704,544 Gross Profit Margin 800,000 842,042 660,666 G & A 526,316 503,990 304,866 EBITDA 273,684 338,052 355,800 *Fiscal Year: 6/30 Kuni Misawa, President and CEO of Polaris International Holdings, Inc., said, "Diversification and the growing complexity of the business environment, and the challenges presented by the globalization of domestic economies are factors for promoting use of IT outsourcing services." Staff IS Network Infrastructure plans to begin operation as a subsidiary of Polaris International Holdings, Inc. on or before November 1, 2009.http://www.marketwire.com/press-release/Polaris-International-Holdings-Inc-1051066.html
nothing but good news,imho