Certified Services, Inc. Announces Extension on Line of Credit.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- Certified Services, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CSRV CSRV Civil Service Rifle Volunteers (British) CSRV Coates Spherical Rotary Valves ) (the "Company") a leading provider of professional employer organization A professional employer organization (PEO) provides outsourcing of payroll, workers' compensation, human resources and employee benefits administration. It does this by hiring a client company’s employees, thus becoming their employer of record. (PEO) services, announced today that it had extended its line of credit with Wachovia Bank, NA ("Wachovia") until September Until September is a 1984 romantic drama set in France. It stars Karen Allen as an American tourist in Paris who falls in love with a married Frenchman (Thierry Lhermitte). External links 30, 2005. The Company's operating subsidiary, Certified HR Services Company, completed its extension of the $2,500,000 line of credit on October 26, 2004. "We are pleased to continue our relationship with our banking partner, Wachovia," commented Danny L. Pixler, the Company's President and Chief Executive Officer. "We feel Wachovia has gained a valuable understanding of our business and we hope that our relationship continues to develop." About Certified Services Certified Services Inc. is a Ft. Lauderdale based holding company now entering its fourth year of operations. Under its trade name Certified HR Services, the Company provides a broad range of human resource products and services to small, medium and large size businesses including payroll/benefits administration, employee record keeping, regulatory compliance, health and workers compensation insurance programs, and worksite safety management. The company manages approximately $800,000,000 of gross revenues and related benefits on behalf of its approximately 1,500 clients with approximately 38,000 worksite employees from its general headquarters located in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. and service centers located in Tampa, Orlando, and Dallas. Forward Looking Statements Certain statements in this release, and other written or oral statements made by Certified or its brands are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , the timely development and acceptance of services, the company's ability to implement necessary price increase, delayed or lost sales and other impacts related to acts of terrorism, adverse effects of restatement of previously issued financial statements, the loss of significant numbers of marketing partners, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial " section of the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other reports and filings with the Securities and Exchange Commission. |
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