PTS Inc. (PTSH) Forecasts a 500% Increase in Reven
Post# of 1708
Posted On: 05/08/2012 7:34:57 PM
PTS Inc. (PTSH) Forecasts a 500% Increase in Revenue To Over $24 Million USD
HENDERSON, NEVADA--(Marketwire -05/08/12)- PTS Inc. (PTSH.PK) www.ptspi.com subsidiary Navistar Global Logistics (UK) Ltd (Navistar) www.navistar.co.uk Navistar has signed a Letter of Intent with a major US based publicly traded company, and a global player.
Navistar will be distributing global ecommerce shipments and will combine regular air freight shipments to optimize the current distribution channels into Europe, Middle East and Southeast Asia. The expected revenue will be in excess of $24 million USD. The business will be staged in over the next few months and is expected to be in full implementation by September 1st 2012. This will increase revenue with over 500% increase in the current calendar year.
CEO John O'Brien commented "In addition to this, we continue to sign new business as we are a leader in the global distribution market place, as there are only a few competitors. We expect this sector to continue to expand as the global ecommerce platform drives customer sales beyond their limits of brick and mortar locations."
Navistar has also been approved to go into the 2012 London UK hosted summer games sites and deliver catering equipment. The company was required to go through an advanced clearance process to obtain security passes and approval as a transport company for the summer games. The only other supplier for the Olympics currently is UPS.
Further details about business developments will follow shortly.
Short description
PTS Inc. subsidiary Navistar Global Logistics (UK) Ltd is an international logistics freight forwarding company with high quality warehousing in London, Birmingham, Manchester, Newcastle and at all ports and airports, and with North American alliance Starbase Global Logistics.
Navistar Global Logistics are specialists in air freight, sea freight and road haulage, transfer customs clearance, storage and fulfillment. Navistar can collect and deliver door-to-door, anywhere in the world.
Safe Harbor Statement
Information in this release may contain statements about future expectations, plans, prospects or performance of PTS Inc. (PTSH.PK) that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. PTS Inc. (PTSH.PK) cautions you that any forward-looking information provided by or on behalf of PTS Inc. (PTSH.PK) is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PTS Inc. (PTSH.PK)'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PTS Inc. (PTSH.PK)'s control. In addition to those discussed in PTS Inc. (PTSH.PK)'s press releases, public filings, and statements by PTS Inc. (PTSH.PK)'s management, including, but not limited to, PTS Inc. (PTSH.PK)'s estimate of the sufficiency of its existing capital resources, PTS Inc. (PTSH.PK)'s ability to raise additional capital to fund future operations, PTS Inc. (PTSH.PK)'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PTS Inc. (PTSH.PK)'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PTS Inc. (PTSH.PK) does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Get The Facts Right: The issuer works hard to continue to keep our shareholders informed, and is updated frequently via Press Releases, OTC Markets (Pink Sheets), www.otcmarkets.com and updates to our websites such as www.minamargroup.net CLIENT SUPPORT TAB. Free email alerts on this issuer and others including industry research on penny stocks is available to readers at this link: www.minamargroup.com (top left hand corner). Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. See http://www.minamargroup.com/stock_bashers.php . Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Contact:
Investor Relations:
www.minamargroup.net/helpdesk
Investor Relations Department Inquiry
www.minamargroup.net (IR)
For (M&A) and Corporate Matters
www.minamargroup.com
Navistar will be distributing global ecommerce shipments and will combine regular air freight shipments to optimize the current distribution channels into Europe, Middle East and Southeast Asia. The expected revenue will be in excess of $24 million USD. The business will be staged in over the next few months and is expected to be in full implementation by September 1st 2012. This will increase revenue with over 500% increase in the current calendar year.
CEO John O'Brien commented "In addition to this, we continue to sign new business as we are a leader in the global distribution market place, as there are only a few competitors. We expect this sector to continue to expand as the global ecommerce platform drives customer sales beyond their limits of brick and mortar locations."
Navistar has also been approved to go into the 2012 London UK hosted summer games sites and deliver catering equipment. The company was required to go through an advanced clearance process to obtain security passes and approval as a transport company for the summer games. The only other supplier for the Olympics currently is UPS.
Further details about business developments will follow shortly.
Short description
PTS Inc. subsidiary Navistar Global Logistics (UK) Ltd is an international logistics freight forwarding company with high quality warehousing in London, Birmingham, Manchester, Newcastle and at all ports and airports, and with North American alliance Starbase Global Logistics.
Navistar Global Logistics are specialists in air freight, sea freight and road haulage, transfer customs clearance, storage and fulfillment. Navistar can collect and deliver door-to-door, anywhere in the world.
Safe Harbor Statement
Information in this release may contain statements about future expectations, plans, prospects or performance of PTS Inc. (PTSH.PK) that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. PTS Inc. (PTSH.PK) cautions you that any forward-looking information provided by or on behalf of PTS Inc. (PTSH.PK) is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PTS Inc. (PTSH.PK)'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PTS Inc. (PTSH.PK)'s control. In addition to those discussed in PTS Inc. (PTSH.PK)'s press releases, public filings, and statements by PTS Inc. (PTSH.PK)'s management, including, but not limited to, PTS Inc. (PTSH.PK)'s estimate of the sufficiency of its existing capital resources, PTS Inc. (PTSH.PK)'s ability to raise additional capital to fund future operations, PTS Inc. (PTSH.PK)'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PTS Inc. (PTSH.PK)'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PTS Inc. (PTSH.PK) does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Get The Facts Right: The issuer works hard to continue to keep our shareholders informed, and is updated frequently via Press Releases, OTC Markets (Pink Sheets), www.otcmarkets.com and updates to our websites such as www.minamargroup.net CLIENT SUPPORT TAB. Free email alerts on this issuer and others including industry research on penny stocks is available to readers at this link: www.minamargroup.com (top left hand corner). Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. See http://www.minamargroup.com/stock_bashers.php . Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
Contact:
Investor Relations:
www.minamargroup.net/helpdesk
Investor Relations Department Inquiry
www.minamargroup.net (IR)
For (M&A) and Corporate Matters
www.minamargroup.com
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