Commercial Consolidators Enters Into a Business Partner Relationship With IntuiCode.Business Editors TORONTO--(BUSINESS WIRE)--July 26, 2002 Commercial Consolidators Corp. (AMEX AMEX See: American Stock Exchange :ZCC ZCC Zero Core Contribution ZCC zone of calcified cartilage ZCC Zone Compliance Coordinator (State Farm Insurance) ) (FRANKFURT:CJ9), is pleased to announce that its subsidiary, Central Point Technologies, Inc. ("Central Point"), a division of La Societe Desig Inc., has entered into a business partner relationship with IntuiCode, a software development and project management company based in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. , to jointly develop and offer a comprehensive Timeshare A form of shared property ownership, commonly in vacation or recreation condominium property, in which rights vest in several owners to use property for a specified period each year. Management solution to the hospitality industry. "Until now, the Timeshare industry (also known as Vacation Ownership) lacked a high-end solution that seamlessly combines three critical operational elements: Property/Guest Management, Owners and Sales Management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a , and Accounting," states Mr. Guy Jarvis, Commercial Consolidators Corp.'s Chief Executive Officer. "Our business relationship with IntuiCode will allow us to launch and aggressively market an integrated solution, called SharePoint, that is a key requirement of the industry." "Vacation Ownership in the US is approx. an $8 billion industry growing at a rate of 8% to 10% annually, while the number of Timeshare projects grows at a rate of 5.6% a year," adds Mr. Jarvis. "Consequently, there are multimillion revenue opportunities for Central Point with new and existing properties. SharePoint's initial installation scheduled for August '02 in eight high-end Caribbean Timeshare Resorts with over 1,000 units, will represent revenue totaling US $120,000 for Central Point in the first year." ABOUT COMMERCIAL CONSOLIDATORS CORP. Commercial Consolidators Corp. is a diversified distributor of business technologies (cellular phones and accessories, and computer hardware, software and solutions) and consumer electronics to the Americas (North, South and Central). The Company's head office is located in Toronto, Ontario. ABOUT CENTRAL POINT TECHNOLOGIES, INC. Central Point Technologies, Inc., 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 Commercial Consolidators Corp., offers a portfolio of Hospitality Solutions including property management systems, condo management systems, Internet on-line bookings, speech recognition telephone reservations, point-of-sales, back-office & call accounting systems, as well as peripheral products. ABOUT INTUICODE IntuiCode is a Microsoft(TM) Certified Solution Provider with proven expertise in Microsoft technologies and delivering business solutions built on the Microsoft platform. With over a decade of combined thin client technology experience, IntuiCode's development staff has a high degree of coding skills in MultiWin technology, which is the basis for Terminal Services The Windows 2000 counterpart of Windows Terminal Server in Windows NT. See Windows Terminal Server. in both NT 4.0 and Windows 2000 Server. ON BEHALF OF THE BOARD OF DIRECTORS "Guy Jarvis" GUY JARVIS, Chief Executive Officer Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts, are "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 Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in 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. The Company intends that such forward-looking statements be subject to the safe harbors 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. created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion