$VRNI News Last Friday - Virogen, Inc.'s Techni
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$VRNI News Last Friday - Virogen, Inc.'s Technical Consulting Business Model Continues Momentum in Choppy Economy
Company's Newest Division Views Future With Optimistic Outlook
http://finance.yahoo.com/news/virogen-inc-tec...00745.html
SAN GERONIMO, Calif., April 5, 2013 /PRNewswire/ -- Virogen, Inc. (VRNI), a holding company specializing in data security and encryption technology, today announced continuing positive progress of its technical consulting business unit, its new consulting arm. VRNI's new technical consulting unit has identified and successfully recruited highly-skilled technical personnel well-positioned to address any client-defined IT requirements. The company expects to execute ongoing placements throughout the second quarter of this year.
The process of presenting the business unit's IT personnel to its client companies is time consuming, due to the highly sensitive nature of the target positions, especially when the client companies are Fortune 500 firms. However, the current economic environment has caused the IT consulting segment to be one of the few economic segments that appears to be benefiting from the uncertainty surrounding the implementation of the new health care legislation, as there is a growing upward trend in contract recruitment, in general, due to this uncertainty. Thus, this uncertainty serves as the exciting catalyst to VRNI's plans going forward. Because the company has begun to successfully overcome the existing hesitancy of the client-company's operating managers to engage its technical consulting unit, the company remains optimistic about the prospects of its technical consulting unit.