Thursday, December 16, 2010 8:55:07 AM
NEW YORK, NY, Dec 16, 2010 (MARKETWIRE via COMTEX) -- ProTek Capital, Inc.
(PINKSHEETS: PRPM) is pleased to announce its 2011 Agenda.
The Board of Directors issued the following statement: "The Board of Directors
has proposed a very aggressive agenda for the coming year and looks forward to
pursuing these goals in 2011. The company's overall strategy is to bring value
to the shareholders by, among other things, seeking acquisitions and the growth
of ProTek Capital that will help increase our revenue base. The Company was
pleased to recently announce the addition of Acute Systems Consulting, LLC
("Acute") as a wholly owned subsidiary and has substantial plans for that
subsidiary in the coming year.
The 2011 agenda includes:
-- Plans for obtaining new Equity Capital of $10 Million
-- Share Buyback up to 400 Million common Shares
-- Plans for an IPO of subsidiary Acute Systems
-- Plans to acquire or participate in Equity Positions, Joint Ventures,
New Partnerships and Additional Acquisitions in our core business
-- Growth of the Board of Directors to Four Persons
-- Development of an Advisory Board
-- Development of new Investor Relations /PR Program (for more
transparency)
We would like to thank our shareholders for their loyalty through these
challenging economic times and our transition period. We at ProTek Capital would
like to wish everyone a safe Holiday Season and a prosperous New Year."
About ProTek Capital, Inc.: ProTek Capital, Inc. is a corporation with offices
located in the United States and United Kingdom, whose focus is to 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: Statements contained in this news release, other than those
identifying historical facts, constitute "forward-looking statements'' within
the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relating to the Company's future
expectations, including but not limited to revenues and earnings, technology
efficacy, strategies and plans, are subject to safe harbors protection. Actual
Company results and performance may be materially different from any future
results, performance, strategies, plans, or achievements that may be expressed
or implied by any such forward-looking statements. The Company disclaims any
obligation to update or revise any forward-looking statements.
Contact
ProTek Capital, Inc.
Investor Relations
info@protekcapital.com
SOURCE: ProTek Capital, Inc.
CONTACT: mailto:info@protekcapital.com
Copyright 2010 Marketwire, Inc., All rights reserved.
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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
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