ADDING and REPLACING PurchaseSoft Announces a Consulting Agreement with Newport Capital Consultants.NEWPORT BEACH, Calif. -- Add to bottom of release, after PurchaseSoft boilerplate A phrase or body of text used verbatim in different documents such as a signature at the end of a letter. Boilerplate is widely used in the legal profession as many paragraphs are used over and over in agreements with little modification or no modification. : This press release contains forward-looking statements as referenced in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are inherently unreliable and actual results may vary. The corrected release reads: PURCHASESOFT ANNOUNCES A CONSULTING AGREEMENT WITH NEWPORT CAPITAL CONSULTANTS PurchaseSoft, Inc. (Pink Sheets:PURC PURC Purchase PURC Public Utility Research Center (University of Florida Warrington College of Business) PURC Psychology Undergraduate Research Conference PURC Pick Up Record Capability PURC Public Utilities Regulatory Committee ) announces today that they have signed a consulting agreement with Newport Capital Consultants (NCC NCC See National Clearing Corporation (NCC). ). NCC will work on several key initiatives for PurchaseSoft including: 1) Assisting PURC with an Investor Relations Investor relations The process by which the corporation communicates with its investors. Campaign and Press Release Services. 2) Helping the company resume trading by securing market-maker relationships for the company's stock. 3) Assisting PURC with a PIPE offering intended to provide working and acquisition capital for PURC. "Newport Capital Consultants' reputation is second to none in the investment community," commented Steve Flagg, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of PurchaseSoft, Inc. "This agreement will allow us to focus on our core business while securing key milestones for the future growth of our company." Gary Bryant, President of NCC, responded, "We are excited to work with such a dynamic company as PurchaseSoft and we truly believe that the consummation of this agreement will allow for a win-win situation for PurchaseSoft and Newport Capital Consultants." About Newport Capital Consultants Newport Capital Consultants is an Oklahoma Corporation that is based in Laguna Niguel, CA. NCC is a consulting firm that consults to the capital marketplace. NCC is not a broker/dealer. NCC was established in 1991. About PurchaseSoft Founded in 1977, PurchaseSoft (Pink Sheets:PURC) provides a complete product suite to address enterprise procurement requirements from requisitioning to analytics and sourcing. The company draws on its historical expertise in purchasing to provide robust solutions to small and mid-size businesses. PurchaseSoft also operates Computer Information Enterprises (CIE (Commission Internationale de l'Eclairage, International Commission on Illumination, Vienna, Austria, www.cie.co.at) An international organization that sets standards for all aspects of lighting and illumination, including colorimetry, photometry and the measurement of visible and ), a leading provider of seamlessly integrated, powerful document management and workflow applications, specifically designed for Microsoft Solutions(R) ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems. For more information about CIE, visit the company's website at www.compinfo.com. For more information about PurchaseSoft, visit the company's website at www.purchasesoft.com. This press release contains forward-looking statements as referenced in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may vary. |
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