Colmena Corp. Subsidiary, NetWorth Systems, to Present at Prestigious Palmer Group 50th Anniversary Meeting of Fortune 500 Executives.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- Colmena Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLME) subsidiary NetWorth Systems is presenting its Reliability Edge suite of network and IT governance tools to the 50th Anniversary assembly of The Palmer Group on October 7, 2004. The Palmer Group is an invitation only group of Fortune 500 IT and Auditing executives who meet twice per year to listen to various speakers on cutting edge technology products and services. "The Palmer Group presentation is another step in the evolution of NetWorth Systems into servicing large and multinational business with our Reliability Edge toolset. The Reliability Edge is the keystone software product to any good IT governance program because of its key components and its flexibility. In this modern age of expanding regulatory environments excellence in aligning IT needs with business needs is most important and the Reliability Edge is the place to start," said Josh Eikov, 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 NetWorth Systems and Colmena Corp. The Reliability Edge is completely configurable, enabling users to scan the entire network or just specific ranges. Generate reports on all hardware, software, OS, security and end user usage patterns or focus on just the management issue of the day. Monitor user behavior on all PCs to identify shelfware or just the sales team PCs to see how people are responding to the new CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. application. The Reliability Edge provides security vulnerability reports which analyze a network as a hacker A person who writes programs in assembly language or in system-level languages, such as C. The term often refers to any programmer, but its true meaning is someone with a strong technical background who is "hacking away" at the bits and bytes. would checking for all possible backdoors and vulnerabilities on each device. The Reliability Edge is powerful enough to provide the comprehensive and detailed data necessary for effective IT management decisions. The Reliability Edge is delivered as an appliance running on a ubiquitous industry standard platform. "NetWorth is really onto something with their toolset. Often IT governance is overlooked in large companies because there isn't a single dashboard approach to gaining control over it. The Reliability Edge from NetWorth could set a new standard in how companies gain control over their IT policies and governance structures," said Fred Palmer of the Palmer Group. About Colmena Corp. Colmena is a global 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 , technology services and acquisition company. Its current portfolio consists of NetWorth Systems Inc. an information networking, security and IT auditing company. Committed to delivering innovation, Colmena looks to acquire promising underperforming technology and technology services companies and to help them become high-performance businesses. With deep industry and business process expertise, broad global resources, Colmena can mobilize the right people, skills, and technologies to help clients improve their performance. Its holdings provide security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the , IT outsourcing, IT asset management, and IT Governance and wireless services. Using its industry and business-process knowledge, and our insight into existing and emerging technologies, we identify new business and technology trends and formulate and implement solutions for acquisition companies under demanding time constraints In law, time constraints are placed on certain actions and filings in the interest of speedy justice, and additionally to prevent the evasion of the ends of justice by waiting until a matter is moot. . Specifically, we help our Companies: Identify and enter new markets, Increase revenues in existing markets, Improve operational performance, Deliver their products and services more effectively and efficiently. 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 This press release may contain 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. within the meaning of the "safe harbor" provisions 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. These statements are based on the current expectations or beliefs of NetWorth Systems, Inc. management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: adverse weather conditions, historical seasonality, loss of customers, increased competition and other risks detailed from time to time in filings with the Securities and Exchange Commission. Consequently, if such management assumptions prove to be incorrect or such risks or uncertainties materialize, the Company's actual results could differ materially from the results forecast in the forward-looking statements. |
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