Bravatek provides update on its Strategic Acquisit
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Posted On: 02/21/2018 1:51:35 PM
Bravatek provides update on its Strategic Acquisition of HelpComm, Inc.
Successful Integration generating revenue now with anticipated accelerated sales revenue rates for remainder of 2018 and beyond
AUSTIN, Texas, Feb. 21, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Bravatek Solutions, Inc. (OTCPink:BVTK) ("Bravatek," or the "Company"
anticipates acceleration of revenues through its acquisition of HelpComm, Inc. ("HelpComm" as our integration process has been smooth and HelpComm is already benefitting from its inclusion in the Bravatek family.
Dr. Thomas A. Cellucci, Bravatek's Chairman and CEO, commented: "The team at HelpComm has a well-deserved, stellar reputation in the industry for its high quality workmanship, professionalism and detail to attention. With an impressive base of long-term employees and solid business relationships with several customers coupled with our ability to finance larger projects HelpComm/Bravatek can now more readily accept sizeable orders (over $2 M +). Our MAP and JV partnerships are a business strategy that we intend to yield significant results for shareholders, as I learned a long time ago that partnerships enable more revenue generation and profitable growth than doing it all yourself."
Mr. Jonathan Bolton, VP at HelpComm, commented: "It's sure nice to have a partner like Bravatek. They trust that we know what we're doing, as evidenced by our track record and that we receive jobs on a regular basis but now, like an older brother/sister are here to help us accept the large contracts that have been offered, but which we couldn't accept in the past due to lack of financing. We're all excited for the boom in business here."
Bravatek will continue to focus on its model of executing MAPs and JVs. The Company plans to release 2018 revenue guidance in the near future, as well as discuss improving share structure for shareholders.
About Bravatek Solutions, Inc.
Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.
For more information, visit www.bravatek.com
Safe Harbor Statement
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological and other factors identified in the Company's previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media contact:
Bravatek Solutions, Inc.
media@bravatek.com
1.866.490.8590
source
https://globenewswire.com/news-release/2018/0...m-Inc.html
Successful Integration generating revenue now with anticipated accelerated sales revenue rates for remainder of 2018 and beyond
AUSTIN, Texas, Feb. 21, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Bravatek Solutions, Inc. (OTCPink:BVTK) ("Bravatek," or the "Company"
anticipates acceleration of revenues through its acquisition of HelpComm, Inc. ("HelpComm" as our integration process has been smooth and HelpComm is already benefitting from its inclusion in the Bravatek family. Dr. Thomas A. Cellucci, Bravatek's Chairman and CEO, commented: "The team at HelpComm has a well-deserved, stellar reputation in the industry for its high quality workmanship, professionalism and detail to attention. With an impressive base of long-term employees and solid business relationships with several customers coupled with our ability to finance larger projects HelpComm/Bravatek can now more readily accept sizeable orders (over $2 M +). Our MAP and JV partnerships are a business strategy that we intend to yield significant results for shareholders, as I learned a long time ago that partnerships enable more revenue generation and profitable growth than doing it all yourself."
Mr. Jonathan Bolton, VP at HelpComm, commented: "It's sure nice to have a partner like Bravatek. They trust that we know what we're doing, as evidenced by our track record and that we receive jobs on a regular basis but now, like an older brother/sister are here to help us accept the large contracts that have been offered, but which we couldn't accept in the past due to lack of financing. We're all excited for the boom in business here."
Bravatek will continue to focus on its model of executing MAPs and JVs. The Company plans to release 2018 revenue guidance in the near future, as well as discuss improving share structure for shareholders.
About Bravatek Solutions, Inc.
Bravatek Solutions, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.
For more information, visit www.bravatek.com
Safe Harbor Statement
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological and other factors identified in the Company's previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media contact:
Bravatek Solutions, Inc.
media@bravatek.com
1.866.490.8590
source
https://globenewswire.com/news-release/2018/0...m-Inc.html
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