Cirilium Featured at www.WallStreetCorner.com.WEST PALM BEACH, Fla. -- Cirilium Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CRLU) announced today that it has been featured in "Larry Oakley's Opinion" editorial column at http://www.WallStreetCorner.com. Oakley describes how Teralight, Ltd., headquartered in Dubai, U.A.E., will market Cirilium's VoIP products throughout the Middle East and Africa to international telecommunications companies, government agencies, and telephony service providers A telephony service provider, as defined in Microsoft's TAPI specification, is a software interface to a physical telephony device (such as a modem) that can be accessed programmatically to perform actions such as dialing a phone number or logging a call. . In his conclusion, Oakley says: "I see this situation as another sleeper Sleeper Stock in which there is little investor interest but that has significant potential to gain in price once its attractions are recognized. Antithesis of high flyer. -- I like the reasonable number of shares out, the modest float, the growing market, & the qualifications of management. I suggest you check this situation out on your own - I feel it has strong appreciation potential. It closed yesterday (8/30/2004) at $1.00, a gain of 81% from the $0.55 when I first covered it less than three weeks ago." About Teralight, Ltd. Teralight, Ltd., headquartered in Dubai, U.A.E., is a management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects and technology services company with a business acumen specializing in business development, international telecoms regulatory matters, network fraud detection and elimination, market research, infrastructure due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and asset acquisition for leading IT and Telecommunications organizations worldwide. Our corporate programs target revenue assurance, convergence strategies and efficiency management of key infrastructure assets for International Telecommunications companies. The company works very closely with leading international financial and investment institutions regarding telecom asset evaluation, verification, validation and investment case management. The ultimate goal of Teralight is to provide its customers and clients the very best of products and services. In order to realize this goal, the company will utilize its vast resources, including its own consultant base of experience, and professional and business associates, VARs and corporate partners. The firm has a considerable depth of experience in both the enterprise and carrier communications business environments which enables it to pass on to clients and customers valued advice, expertise, and assistance. Teralight's main strength lies in its ability to quickly identify the opportunities available through these vast resources and the unique ability to understand how these opportunities interrelate in·ter·re·late tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates To place in or come into mutual relationship. in , and more importantly, how they can be combined to achieve an optimum solution for the client. Teralight's Web site is http://www.TeralightLtd.net. About Cirilium Holdings, Inc. Cirilium Holdings, Inc., a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , currently conducts operations through two subsidiaries, Cirilium, Inc., a Florida corporation, and Stitel Systems, Inc., an Arizona corporation. About Cirilium, Inc. Cirilium, Inc. develops, markets and supports its award winning VoIP solutions. The company delivers true VoIP transport, consistent call control and revenue-generating applications for service providers and enterprises. By integrating legacy and VoIP networks, Cirilium's solutions help customers migrate to new technologies without replacing existing infrastructures. The "core to the edge" product line includes gateways in various densities; switching, call management and billing applications; enhanced pre-paid calling card services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. ; Web voice technologies; and more. The Company's website is http://www.cirilium.com. About WallStreetCorner Formed six years ago as a venue for the Conservative Speculator Speculator A person who trades (i.e. derivatives, commodities, bonds, equities or currencies) with a higher-than-average risk, in return for a higher-than-average profit potential. newsletter and published since 1987, WallStreetCorner -- including Conservative Speculator and Oakley's "Opinion," "Stock Pick," "Comment," and "Bold Ventures" editorial columns -- is now regularly read by investors in 78 countries. 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. This press release contains "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. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. For further information regarding risks and uncertainties associated with Cirilium Holdings, Inc., formerly SK Technologies Corporation, and its subsidiaries' businesses, please refer to the Company's filings with the Securities and Exchange Commission (SEC), including, but not limited to, its annual report on 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 quarterly reports on Form 10-Q Form 10-Q See 10-Q. , all of which may be obtained through the SEC's website at: http://www.sec.gov or by contacting the Company's investor relations Investor relations The process by which the corporation communicates with its investors. department via email at: Investorrelations@Cirilium.com. All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations. All products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners. The Company has not paid Mr. Oakley for any of his editorial comments. The Company paid Mr. Oakley $500 solely for email distribution of his editorial comments to his readers in 78 countries relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Cirilium's coverage. |
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