KAIROS Holdings, Inc. Achieves ``Tipping Point'' with Strategic Expansion
Business Wire - August 03, 2005 11:29
ORLANDO, Fla., Aug 03, 2005 (BUSINESS WIRE) -- KAIROS Holdings, Inc. (OTCBB:KROH) announced today that a strategic plan for growth and repositioning has taken place with the addition of three new subsidiaries and the acquisition of Cummings Financial Services, Inc., a Florida-based mortgage broker corporation.
KAIROS Holdings, Inc. has launched KAIROS Consulting, Inc. (KCI), KAIROS Mortgage Banking Inc. (KMB), and KAIROS Investments, Inc. (KI). KCI is an executive consulting group with a focus on M&A, capital fund-raising, and management. KCI's current engagement portfolio includes companies in the multi-media catalogue, full-service discount real estate broker, and manufacturing arenas. KAIROS Investments, Inc. (KI) will specifically be devoted to raising capital for its consulting partners and acquiring assets within the financial sector.
"The compelling value proposition of KAIROS is the composition of its holdings, services and resources, often on a non-discretionary basis at economies of scale not otherwise under one roof," states Jack Craig, VP of Investor Relations. "KAIROS has reached our 'Tipping Point'. We are quickly emerging as the leader in the middle market BDC arena."
About KAIROS
Headquartered in Orlando, Florida, KAIROS Holdings, Inc., (KHI) is a publicly traded Business Development Corporation (BDC) with a targeted portfolio of middle-market companies in the financial services, financial technologies, and real estate industries.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
SOURCE: KAIROS Holdings, Inc.
KAIROS Holdings, Inc., Orlando
Investor Contact:
Jack Craig, 407-370-4306
jack.craig@kairosholdings.com
or
Press Contact:
Dorian Beach, 407-370-4300
dorian.beach@kairosholdings.com
Copyright Business Wire 2005
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