Printer Friendly

Technology Consulting Firm, Corporate Consulting Services, Inc. Signs Letter of Intent to Merge With MBSL Group.

TAMPA, Fla. -- The financial and IT professional consulting firm Corporate Consulting Services, Inc. ("CCS") has signed a letter of intent to merge with MBSL Group, Inc. (Pink Sheets:MBGR).

MBSL Group, a publicly traded holding company based in Tampa, Fla., was established to acquire or strategically partner with firms that specialize in providing technology support to the financial and transaction processing industries. San Francisco-based CCS provides professional technology, training and consulting services to companies serving the financial and internet/software industries.

The transaction is expected to close within 60 days upon completion of due diligence and the approval of MBSL Group's board and a majority of its shareholders.

"We're excited about the opportunities resulting from the combination of these two companies. CCS operates in the sweet spot of two business segments we focus on, Financial and Internet Services," said Frank McPartland, chairman and president of MBSL Group.

Kimberly O'Donnell, President of CCS commented: "We anticipate that CCS's integration into MBSL Group will provide an excellent platform for future growth and business opportunities."

As IBM's only West Coast Based, Premier Level Business Partner, CCS advises clients on resource management of their people, processes and systems, employing a unique combination of technology consulting, staff augmentation and training services. By uncovering and addressing chronic business problems, CCS improves efficiencies, raises performance and lowers operating costs.

CCS serves a number of clients with professional and technical consulting services across many industries including relationships with Wells Capital Management, J.P. Morgan Chase, Bank of America, LPL Financial Services, The Pacific Exchange and DeltaNet, a division of Delta Dental. As a Premier Level IBM partner, CCS utilizes the Rational suite of software management and development solutions in serving clients.

More information about MBSL Group can be obtained by contacting the company at 813-636-8020. MBSL Group's stock is listed on the National Quotation Bureau.

Additional information about CCS is available at its website, www.ccs4resources.com.

Except for historical information, matters discussed above are forward-looking statements within the meaning of safe-harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from projected results. Those factors include, but are not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, services and related products, prices or other areas.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 4, 2004
Words:389
Previous Article:Black Box Corporation to Announce Second Quarter Fiscal 2005 Financial Results on Tuesday, October 26, 2004.
Next Article:'Starting Over' Star Rhonda Britten in Riverside; International Life Coach and Author Rhonda Britten of NBC's Hit Show 'Starting Over' to Divulge...


Related Articles
Galbreath, Riverbank still negotiating merger deal.
CB Commercial and Koll sign letter of intent to combine.
PANEL STUDIES POLITICAL ACCESS; ETHICS COMMISSION LOOKS AT NEW RULES ABOUT LOBBYISTS SERVING AS CONSULTANTS.
MBSL Group, Inc. Names Gary Bogatay as Chief Financial Officer; Hiring is Key Step in Firm's Growth and M&A Strategy.
Search Engine and Internet Consulting Firm Walnut Ventures Signs Letter of Intent to Merge With MBSL Group; Deal Diversifies Firm into the Internet...
MBSL Group Completes Merger with Technology Consulting and Training Firm, Corporate Consulting Services, Inc.
RCG Longview gets in mezz.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters