ProTek Capital Inc (PRPM)

[MikeBr]

News for 'PRPM' - (Propalms, Inc. Completes Name Change to ProTek Capital, Inc. Company Launches New Web Site)


LONDON, Oct 27, 2010 (MARKETWIRE via COMTEX) -- ProTek Capital, Inc.
(PINKSHEETS: PRPM) is pleased to announce that as of today, the Company has
changed its name to ProTek Capital, Inc. The Company stock will continue to
trade under the stock symbol PRPM (PINKSHEETS: PRPM). The name change better
reflects the Company's new business model and corporate strategy.

As part of ProTek Capital's new business model and name change, the Company has
launched its new website (http://www.protekcapital.com/). ProTek Capital's new
corporate strategy will be part focused on buying and selling technology
companies that are already revenue generating and are in the need of a strong
management team, global distribution network, and capital in order to make it to
the next level.

"In this market, it is important for the Company to have a name that better
reflects our new focus and corporate strategy. We are looking to grow our
revenue significantly in the near future by acquiring and selling or spinning
off revenue generating technology companies," stated Owen Dukes, CEO of ProTek
Capital, Inc.

About ProTek Capital, Inc.:

ProTek Capital, Inc. is a corporation with offices located in the United States
and United Kingdom, whose focus is invest in or acquire software companies that
are privately held or traded on the public markets. The objective of ProTek
Capital, Inc. is to provide the best possible risk-return value for all of its
shareholders by making direct investments or outright purchases into foreign and
domestic private and public software companies. To learn more about ProTek
Capital, Inc., please visit: http://www.protekcapital.com/

Safe Harbor Statement -- This release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected or suggested
herein due to certain risks and uncertainties including, without limitation,
ability to obtain financing and regulatory and shareholder approvals for
anticipated actions. Such statements are based on management's current
expectations and are subject to certain factors, risks and uncertainties that
may cause actual results, events and performance to differ materially from those
referred to or implied by such statements. In addition, actual or future results
may differ materially from those anticipated depending on a variety of factors,
including continued maintenance of favorable license arrangements, success of
market research identifying new product opportunities, successful introduction
of new products, continued product innovation, sales and earnings growth,
ability to attract and retain key personnel, and general economic conditions
affecting consumer spending. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date hereof.
ARTI does not intend to update any of the forward-looking statements after the
date of this release to conform these statements to actual results or to changes
in its expectations, except as may be required by law.





Contact:

ProTek Capital, Inc.

Investor Relations

407-389-5900





SOURCE: ProTek Capital, Inc.





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SUBJECT CODE: Computers and Software:Internet

Computers and Software:Hardware

Computers and Software:Networking

Computers and Software:Peripherals

Computers and Software:Software



Source: Comtex Wall Street News

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