Platinum I.T. Consulting, Inc.: Platinum I.T. Consulting, Inc. Announces Strategic Partnership With DG Business Solutions, Inc.
Platinum I.T. Consulting, Inc. Announces Strategic Partnership With DG Business Solutions, Inc.
NEW YORK, NY — (MARKET WIRE) — January 18, 2007 — Platinum I.T. Consulting, Inc., a Global I.T.Holding, Inc. (PINKSHEETS: GITH) company (www.platinumit.com),
is pleasedto announce that it has recently entered into a strategic partnership withDG Business Solutions Inc. (”DGBS”), whereby it is intended that bothparties will benefit from each other’s expertise in the areas of contingentandfull-time staffing, project consulting, sales and marketing, and contractmanagement.
This strategic partnership will enable Platinum I.T. to offer new andenhanced services to its existing clients using DGBS sales and marketingexpertise, and will introduce Platinum I.T.’s consulting service to a vastnew client base including Fortune 500 companies on a global scale, spanningacross the communications, Internet service, consumer durables, travel,transportation, insurance and aviation industries. DGBS in turn will beable to assist its clients in the areas of permanent staffing andconsultant sourcing by utilizing Platinum I.T.’s resources.
Platinum I.T. estimates that this new partnership could add 10-20% inrevenue within the first year alone, and over 25-30% in 2008. Mr. RalphClark, President of Platinum I.T. Consulting, Inc., stated, “We couldn’t bemore pleased to have this contract in place with a company like DG BusinessSolutions. I believe it is the perfect marriage between their strengths insales and marketing and global Fortune 500 client base, and oureffectiveness in the areas of high level recruiting and I.T. staffing.Both companies can benefit greatly from the synergies that this agreementhas made possible.” Platinum I.T. expects to announce several moregrowth-targeted strategic partnerships in the near future.
About DG Business Solutions Inc.
DGBS helps Global 1000 companies dramatically reduce the cost of acquiringand managing labor, one of the largest expenditures for enterprises. DGBShas developed a proven service model designed to provide clients with rapidacquiring of Professional Staffing. Services that will dramaticallyimprove the efficiency and reduce the costs associated with Project andStaffing requirements.
About Platinum I.T. Consulting
Platinum I.T. Consulting, Inc. was established in 1986 and is headquarteredin New York City. In 2004, Platinum I.T. became part of the Global I.T.Holdings, Inc. family of companies. Global I.T. Holdings, Inc. is aNew York-based holding company created to acquire targeted I.T. staffingfirms. The company’s current holdings include Platinum I.T. Consulting andits associated company Parker Clark Data Processing.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. Thesestatements relate to future events or to our future financial performance,and involve known and unknown risks, uncertainties and other factors thatmay cause our actual results, levels of activity, performance, orachievements to be materially different from any future results, levels ofactivity, performance or achievements expressed or implied by theseforward-looking statements. You should not place undue reliance onforward-looking statements since they involve known and unknown risks,uncertainties and other factors which are, in some cases, beyond ourcontrol and which could, and likely will, materially affect actual results,levels of activity, performance or achievements. Any forward-lookingstatement reflects our current views with respect to future events and issubject to these and other risks, uncertainties and assumptions relating toour operations, results of operations, growth strategy and liquidity. Weassume no obligation to publicly update or revise these forward-lookingstatements for any reason, or to update the reasons actual results coulddiffer materially from those anticipated in these forward-lookingstatements, even if new information becomes available in the future. Thesafe harbor for forward-looking statements contained in the SecuritiesLitigation Reform Act of 1995 protects companies from liability for theirforward-looking statements if they comply with the requirements of the Act.
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