DHS Industries Inc. announces combined revenues of $3.3 mm for fiscal 1996 with acquisition of Quality Network Systems, a nationwide travel management company.ENCINO, Calif.--(BUSINESS WIRE)--Jan. 13, 1997--DHS Industries Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:DHSS DHSS (Brit) n abbr (formerly) (= Department of Health and Social Security) → Ministerium für Gesundheit und Sozialfürsorge ) has expanded its scope from market research to the travel industry with the acquisition of Quality Network Systems, a nationwide travel management company. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Jeri Snoke, CTC CTC - Cornell Theory Center , president of QNS QNS Quantity not sufficient Lab medicine An abbreviation indicating that the material–eg, blood, urine, submitted for analysis is insufficient for requested test Inc.: "Since joining QNS, Associates have realized a 50% to 100% increase in business as a result of our innovative training seminars and the assistance of our seasoned support staff. In addition, we have been recognized by travel wholesalers as a company that can help move their products and increase revenues. This means higher commissions for Associates, a major attraction to any agent in the travel industry. "Now that we are a subsidiary of DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) Industries, we are developing an incentive stock bonus plan for our Associates. This is a way for Associates to build toward their retirement, something most agents only dream about. This plan will also be a means of attracting more Associates, thereby increasing our profits." QNS is looking toward tremendous growth for 1997, which will add to the $3.3 mm revenues that DHS posted in 1996. Taking on more Associates is the immediate plan. With major changes taking place in the travel industry, many travel agencies are either closing down or merging with other companies, therefore agents are open to the QNS alternative. According to Jeff Sacher, VP, DHS Industries: "DHS has expanded its scope from market research to the travel industry. We realized that a number of professional travel agents with high volume would like to become independent travel contractors, but the available programs are either not worth their making the move or are questionable. We believe the QNS program, in conjunction with what we can offer as a public company, make it more feasible and attractive for those agents to now make that move." DHS Industries also operates a market research subsidiary which conducts focus groups and other market research studies for Fortune 500 firms and smaller companies. The company intends to expand this division through an acquisition program of similar businesses. CONTACT: International Buying Power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. Corp. 561/392-3404/Fax 561/392-4775 |
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