ATR Search Corporation Commences Trading.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 7, 2002 ATR ATR Achilles tendon reflex, see Ankle reflex Search Corporation (ATR) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ATSC (Advanced Television Systems Committee) An international digital television (DTV) standard adopted by the U.S., Canada, South Korea, Taiwan and Argentina. ) announced today that its shares are open for trading on the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC:BB under the symbol: ATSC. ATR is primarily engaged in technology consulting through the placement of Internet technology professionals employed in the Technology Sector on a temporary or permanent basis. Incorporated in March of 2001, ATR reported revenues of $778,754 in the seven months ended September 30, 2001, and is operationally cash flow positive. The majority of ATR's current clients are large banks, brokerage firms and blue chip companies. Building on this early success achieved by experienced and previously successful management, it is the intention of ATR to become one of the limited number of national companies in this highly fragmented, multi-billion dollar industry. A proprietary service based platform is being developed to streamline the consulting and placement process in order to facilitate internal growth. Management is searching out acquisitions in the Technology sector that will provide synergies on an operational level and will also be accretive to earnings. In addition, ATR intends to expand its consulting and personnel services into other high growth technology sectors, such as healthcare and pharmaceuticals. The Company has recently inaugurated a Financial Consulting Group. ATR President Bob Cox said: "We are very excited to commence trading at this time. We believe that there are significant opportunities in the current business cycle to make acquisitions on very favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. terms. We look forward to the opportunity to expand efficiently internally as well." This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to the manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussions of factors that may affect future results are contained in the Company's most recent SEC filings. Under no circumstances does this press release constitute an offer to sell or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy the securities of the Company described in this press release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction. |
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