Polaris International Holdings, Inc. Engages Roccus Partners
02 Abril 2008 - 6:05AM
Marketwired
TOKYO and LOS ANGELES, CA (PINKSHEETS: PIHN) (Polaris) announced
today that it has engaged Roccus Partners, Inc., an Edgartown,
MA-based firm that specializes in identifying growth capital for
emerging growth companies.
Roccus Partners is a 17-year-old firm that has acted as finder
in numerous financing transactions on behalf of both private and
public companies.
According to Kuni Misawa, Polaris' CEO, "We are delighted to
welcome Roccus Partners to the Polaris team. To be able to
establish a relationship with such a respected organization, one
with a tradition of facilitating shareholder-friendly
capitalization strategies, confirms the quality of our business
strategy and progress to date."
Commenting on the deal, Richard Berkley, President of Roccus
Partners, said, "We view Polaris International Holdings as the
prototypical emerging growth company. They possess a management
team that is rich in experience and depth, and has built a sound
business strategy. We are very impressed with the Company's
progress to date as well as being optimistic about Polaris' future
prospects going forward. We're equally enthusiastic about the
prospects of a long-term relationship with the company."
About Polaris International Holdings, Inc.
Polaris International Holdings, Inc., a Delaware corporation
with offices in Huntington Beach and Los Angeles, California and
Tokyo, Japan, is a holding company of IT services and technology
companies located in Japan. The Company plans to expand from its
current territory of Japan to include the other rapidly growing
Asian markets.
Polaris International Holdings has entered into an acquisition
agreement with Polaris Technology, Inc., a privately held IT
company in Japan, as well as a definitive agreement for the
acquisition of Staff IS CO., Ltd's cabling division
http://www.staffis.co.jp.
IDC Japan, www.idc.co.jp, forecasted on May 31, 2007 that the
Japanese IT market will have reached $104 Billion in 2007, up 2.6%
from 2006. IDC Japan also reported that the public sector within
the Asia/Pacific (Excluding Japan) region represents an industry of
diverse spending behavior, with spending expected to cross US$32
billion by 2011. IDC Japan is a subsidiary of IDC. IDC,
www.idc.com, is the premier global provider of market intelligence,
advisory services, and events for the information technology,
telecommunications, and consumer technology markets.
Forward-Looking Statements and Risk Factors
Certain statements in this press release are "forward-looking
statements" within the meaning of the federal securities laws.
These statements involve a number of risks, uncertainties and other
factors that could cause actual results, performance or
achievements of Polaris International Holdings, Inc and/or its
subsidiaries to be materially different from any future results,
performance or achievements expressed or implied by these
forward-looking statements. There can be no assurance that we will
satisfactorily reach our objectives or projections. Other factors,
which could materially affect such forward-looking statements
including risk factors relating to lack of sufficient capital,
competition, lack of expertise in some or all of the areas we are
currently attempting to do business in and lack of market support
for our stock. Investors, potential investors and other readers are
urged to consider these factors carefully in evaluating the
forward-looking statements and are cautioned not to place undue
reliance on such forward-looking statements. The forward-looking
statements made herein are only made as of the date of this press
release and we undertake no obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances.
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Contact: CB Maxwell Maxwell Media Marketing 209-533-8291
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