Core Solutions, Inc. Launches COREHR.COM & Technology Development Plan.Business Editors/Technology Writers LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Aug. 28, 2002 Core Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CSOU) launched its new web site today: http://www.corehr.com. This represents the first milestone in the company's 5-stage Technology Development Plan to be completed over the next ten months. The company will be developing technology infrastructures at both its corporate headquarters and at client work sites by providing a complete selection of turnkey See turnkey system. technology solutions to their clients such as: -- E-mail Services -- Web Site Design, Hosting & Maintenance -- Network Services & Administration -- Database Design & Development -- Video Conferencing -- Web-based Delivery of Corporate Training Programs Smaller-sized businesses frequently have a difficulty acquiring the necessary technical expertise to develop their computer technology cost effectively. By collaborating on technology development with their clients, the company intends to provide their comprehensive suite of administrative services faster and in a more reliable manner to their clients' work sites. This will allow the company to provide a higher level of service than their competitors, and will encourage the establishment of a more dedicated and committed client base while improving the long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. profitability of the corporation. Note: The statements contained in this press release that are not 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. that involve a number of risks and uncertainties. Therefore, the actual results of future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are: (i) regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. and tax developments; (ii) the effectiveness of the Company's sales and marketing efforts; (iii) changes in the competitive environment of the industry; (iv) changes in general economic conditions; (v) changes in the Company's direct costs and operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. ; (vi) the estimated costs and effectiveness of capital projects and investments in technology and infrastructure. (vii) Management's ability to effectively implement its business strategy. These factors are described in further detail in Core Solutions, Inc. filings with the Securities and Exchange Commission. |
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