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Colmena Subsidiary, NetWorth Systems to Sponsor Major ATP Tennis Event.


DELRAY BEACH Delray Beach, resort city (1990 pop. 47,181), Palm Beach co., SE Fla., on the Atlantic coast; settled 1895, inc. 1911. Mostly residential, Delray Beach is also the trade center for a citrus-fruit and vegetable-growing region. , Fla. -- NetWorth Systems to Sponsor Millennium International Tennis Championships as the Official IT Providers at Delray Beach

Colmena Corp. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CLME) subsidiary NetWorth Systems announced today that it was sponsoring the Millennium International Tennis Championships in Delray Beach, Florida Delray Beach is a city in Palm Beach County, Florida, USA. As of the 2000 census, the city had a total population of 60,020. As of 2004, the population estimated by the U.S. Census Bureau is 64,150.  as a presenting sponsor of the tournament.

Colmena Corp. and NetWorth Systems 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.  Josh Eikov commented: "We see the ITC ITC (Brit) n abbr (= Independent Television Commission) → Fernseh-Aufsichtsgremium

ITC n abbr (BRIT) (= Independent Television Commission) →
 event as a good way to get out and meet people and brand our company. With 40,000 expected to attend and television coverage in over 127 countries it is our belief that this event is going to help propel our growth."

NetWorth Systems is acting as the Official IT Advisors to the tournament, acting as the IT outsource team and has installed the front and back office systems, the players lounge systems and a wireless sales office and continue to manage those systems.

"NetWorth Systems has always been there for the ITC and we look forward to having them as a Presenting Sponsor," Tournament Director Mark Barron said. He continued by saying, "The level of customer service that NetWorth Systems gives us is inspiring. Not only have they fulfilled our service expectations but they have surpassed them. They are an asset to any business."

The Millennium International Tennis Championships are being held from September 13-19 in Delray Beach, Florida. More information on the tournament is available on http://www.matchpointinc.com

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. 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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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 17, 2004
Words:528
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