Kairos Holdings, Inc. Signs Agreement with Harbour Mastery Inc.; Funding to Focus on Port Management and Security.ORLANDO, Fla. -- Kairos Kairos (καιρός) is an ancient Greek word meaning the "right or opportune moment". The ancient Greeks had two words for time, chronos and kairos. Holdings, Inc.(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :KROH) announced it signed a Consulting Agreement with Harbour Mastery(R) Inc. ("Client" or "HM"), a Nevada Corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. . Kairos will provide Harbour Mastery with financial consulting and capital formation services. Kairos will assist the Client in raising approximately $6M to be used for development funding and working capital for its core business, which consists of technology products that provide maritime, commercial and security management services for ports, marinas, national security and local law enforcement. Since the disaster of September 11, 2001 and even more recently, it has become a priority for the U.S. to secure its airways, borders and ports. Harbour Mastery(R) ("HM") is a leading independent provider of a new Internet-based solution to the global port industry and expects to derive its primary revenue from Internet-based vessel reservation and traffic management services. HM is actively engaged in the advanced marketing of its new web-service product, the Harbour Mastery Global Reservation Service (HM-GRS(TM)), trade named, HM-WebPortRSVP(TM) and HM-WebPortSecure(TM). Harbour Mastery initiated its pilot program on December 15, 2004 in Tampa, Florida “Tampa” redirects here. For other uses, see Tampa (disambiguation). Tampa is a United States city in Hillsborough County, on the west coast of Florida. It serves as the county seat for Hillsborough County.GR6. in cooperation with the Tampa Port Authority. In addition, Harbour Mastery's Internet-based Vessel Traffic Management products with integrated security information management, offer Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States Agencies direct access to port traffic information for both domestic and international vessel movement activity within USA ports. George Walters, 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. of Harbour Mastery stated: "We expect through our alliance agreement with Lloyd's Register-Fairplay, to market in 170 countries as a way to improve secure trade relations with the USA and their other trading partners. We believe that the recent news about port security in the U.S. focuses attention on an important need where Harbour Mastery can play a critical role." About Kairos Holdings, Inc. Kairos Holdings, Inc. (OTCBB:KROH) is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in distressed, emerging and fast growth industries. Visit http://www.kairosholdings.com 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. The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to 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. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the failure of the ships to contain cargo of historic, archeological or intrinsic value Intrinsic Value 1. The value of a company or an asset based on an underlying perception of the value. 2. For call options, this is the difference between the underlying stock's price and the strike price. , changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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