PARSIPPANY, N.J. , Sept. 8, 2004 (PRIMEZONE) -- ProMana Solutions (Pink Sheets:PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource management, announced today that it will be an exhibiting company at the Small Cap Stock Expo to be held at the Warwick Hotel in New York City on Thursday, September 9.
Produced by MoneyTV, the Small Cap Stock Expo is a bi-annual event limited to 30 presenting companies. It brings together a number of New York's most influential analysts, brokers, market makers, and other members of the investment community, serving as a powerful showcase for emerging small cap companies.
The Warwick Hotel is located at 65 West 54th Street in New York City. The Small Cap Stock Expo will be open from 1:00 p.m. to 7:00 p.m. EST. For registration information and a full list of participating companies, please call MoneyTV at 1-888-259-4449 or email info@moneytv.net.
About ProMana Solutions
ProMana Solutions (Pink Sheets:PSLU) offers a web-based software solution to small and medium sized companies worldwide. Its flagship product manages the entire spectrum of administration, accounting, payroll, benefits, human resources and a host of other functions for clients. The company's open architecture utilizes only Web server applications that integrate easily into existing client operating platforms.
PSLU sells its software through "branded partner" agreements with insurance companies, accounting firms, payroll processors, banks, franchise operators, B2B consulting firms, professional employment organizations, and others. The company earns revenues from licensing fees paid by branded partners and recurring monthly usage fees from end users. The PSLU solution provides a strong value proposition of cost savings for end users and adjunct revenue opportunities for its branded partners.
Shareholders are encouraged to visit www.promanasolutions.com for more information and to register on the "Investor Relations" page to receive ongoing ProMana news updates.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. PSLU disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and changes in our business strategies.