AccuPoll Acquires Z prompt Inc., On Track to Do $5 Million In Revenue.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--April 24, 2003 AccuPoll Holding Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ACUP ACUP Association of Canadian University Presses (Association des Presses Universitaires Canadiennes) ACUP Association of College & University Printers ), which produces a high-tech, electronic voting Electronic voting (also known as e-voting) is a term encompassing several different types of voting, embracing both electronic means of casting a vote and electronic means of counting votes. system, today announced that it has acquired Z prompt Inc. of Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). . By utilizing more than 2,000 specially trained technicians, Z prompt provides nationwide same day service and manages technology support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for Fortune 1000 customers including relationships with Lexmark, Hewlett Packard, Samsung, Xerox / Channel Alliance, and Tektronix. Dennis Vadura, 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 AccuPoll, said, "We are excited about the completion of the Z prompt acquisition because it provides AccuPoll the ability to maintain and service the AccuPoll voting system Noun 1. voting system - a legal system for making democratic choices electoral system legal system - a system for interpreting and enforcing the laws on a nationwide basis. This marks the beginning for AccuPoll in our quest to provide the finest electronic voting system together with a proven nationwide service organization which expects to add $5 million in annual revenue to AccuPoll over the next year." Z prompt provides a number of standard service programs, as well as customized programs, to fit the special needs of customers. These service programs include upgrading hardware equipment and expanding business locations. The standard service programs are available for U.S. and Canadian-based companies and typically fall into five service categories: Inventory Management, Preventive Maintenance The routine checking of hardware that is performed by a field engineer on a regularly scheduled basis. See remedial maintenance. preventive maintenance - (PM) To bring down a machine for inspection or test purposes. See provocative maintenance, scratch monkey. , On-site Hardware Service, Installation & Training and Help Desk. Over the last three years, Z prompt has completed several successful case studies with Samsung and Mazda that demonstrate the tangible and measurable results that Z prompt has delivered. In Mazda's case study, Z prompt was able to show significantly reduced downtime, a reduction of the overall printer support / consumable budget, positive end user satisfaction surveys, consistent communications with end users across multiple channels, and accurate inventory tracking. By outsourcing to Z prompt, Samsung was able to quickly launch a tested national support program to keep up with rapid sales growth while reducing the costs associated with internally starting such a program. Z Prompt is responsible for the service expertise and hardware support of Health Net, a Fortune 1000 company, which has 5.5 million customers nationwide. This includes providing same-day support for equipment at 700 Health Net locations nationwide, as well as full-time on-site support at three campus locations. Michael Shocket, president of Z prompt, said, "This merger provides Z prompt with the opportunity to expand its services and affords Z prompt an entrance into the state and local government market that is being serviced by AccuPoll. Now that Z prompt has documented proven results with dozens of major fortune 1000 companies in many totally different industries, we are now poised to expand our customized nationwide service programs to the next level." The company explained that the acquisition was a stock for stock exchange transaction. Z prompt will continue its operations as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AccuPoll. About AccuPoll Holding Corp. Based in Irvine, California, AccuPoll (OTCBB:ACUP) is the developer of an electronic voting system that has excited voters, elections officials, and special needs advocates in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with its innovative new approach to recording and counting votes. Combining modern touch screen input with the confidence of a voter verified printed paper record, AccuPoll allows each voter to see their vote recorded and creates a permanent paper audit trail of the election as recently mandated in the "Help America Vote Act The Help America Vote Act (HAVA, Pub.L. 107-252) is a United States federal law passed the House 357-48 and 92-2 in the Senate[1] and was signed into law by President Bush on October 29, 2002. of 2002." AccuPoll works with all levels of government to insure the integrity, security and accuracy of elections. AccuPoll makes every vote count by counting every vote. For additional information about AccuPoll, please visit www.accupoll.com. For additional information about Z prompt, please visit www.Zprompt.com or call 888-258-7270. 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. Statement: Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of 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. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. |
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