JobPlex and Ohana Enterprises Sign Letter of Intent.Business Editors/High-Tech Writers WESTLAKE Westlake, city (1990 pop. 27,018), Cuyahoga co., NE Ohio, a suburb of Cleveland; inc. as a city 1956. A growing city, its various manufactures include ink and plastics. VILLAGE, Calif.--(BUSINESS WIRE)--May 6, 2003 Ohana Enterprises, Inc. OHNA is pleased to announce that Visual Interviews, 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 Ohana, and JobPlex have executed a Letter of Intent to enter into a strategic alliance. This relationship calls for JobPlex, to assist Ohana Enterprises and Visual Interviews. JobPlex will provide the use of its available assets and resources to sell, support and provide facilities for VI and its' staff, products and services. Visual Interviews, a wholly owned subsidiary of Ohana Enterprises, Inc., offers a dependable, high-performance streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. solution for candidate interviews accessed via a secure intranet. The solution results in significant cost savings and enables organizations to interview more candidates more efficiently. JobPlex, a division of DHR DHR De Heer (Dutch: Mister) DHR Department of Human Resources DHR Department of Historic Resources (Virginia) DHR Dihydrorhodamine DHR Device History Record DHR Director of Human Resources International, offers a hybrid solution between contingent and retained search. JobPlex provides an alternative search process through the use of proprietary technology and a large private candidate database, as well as the personal involvement of an experienced and professional recruiter. NOTE: 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. for 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. . This press release contains forward-looking statements within the meaning 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 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. |
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