ITHH - - Press ReleaseSource: ITIS Holdings Inc.
ITIS Holdings Announces Progress Made by Subsidiaries Under New Business Plan
Thursday March 20, 8:01 am ET
HOUSTON--(BUSINESS WIRE)--March 20, 2003--ITIS Holdings Inc. (OTCBB:ITHH - News), announced today that its subsidiaries are continuing to strengthen under the Company's new business plan. "As our annual report is being prepared, we are looking forward to an outstanding 2003," said Hunter M.A. Carr, CEO.
"OnPoint Solutions has released its RightScript(TM) software for electronic prescriptions, and subsidiary PharmHouse Inc. is enjoying success with the updated technology," said PharmHouse President Don Sapaugh, who added, "as a result of opening our newest store in January, PharmHouse saw a significant increase in prescriptions in February. We believe these increases are due to the ease of use of the new software coupled with our dynamic new marketing plan, which will be driven by new PharmHouse COO Jim Courville." Courville, who has a strong pharmaceutical industry background, will be joining the Company in April. Sapaugh said he expects at least a ten percent increase in prescription volume each month during 2003.
"I am also excited about the litigation support business of subsidiary Litidex," said Carol Wilson, corporate secretary for ITIS and project coordinator of Litidex projects for Attorney John O'Quinn, her former employer, in the alleged stock manipulation cases. "Litidex is building better databases than I have seen in 30 years of working for trial lawyers," added Wilson, "and I believe it will make the difference when these cases go to trial."
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