PRVH 20% plus in USA!!!
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Providential Holdings Gains 20% on 3X Average Volume After Announcements
Apr 2, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Providential Holdings (OTCBB: PRVH) gained 20% Thursday on volume of 2,021,147, almost three times its average volume of 775,992, to close at \$0.168, following announcements that CEO Henry Fahman has been selected as a Businessman of the Year, and that the company will receive a new order from Wal-Mart Stores Inc. (NYSE: WMT) for its flagship product, Gamego(TM).
Fahman was recognized by the National Republican Congressional Committee at a function in Washington attended by President George Bush and California Governor Arnold Schwarzenegger, among others.
Meanwhile, the company said that Wal-Mart has " confirmed that it is re-ordering ATC`s flagship product, Gamego, from ATC Technology Corp. Both Wal-Mart and ATC are pleased with the sales activities in the stores for Gamego. This re-order is a testimony to the product`s strength in the marketplace. In order to create even more awareness of this product, ATC will launch TV and print ad campaigns nationwide. The first state chosen is the home state of Gamego: Arizona. Once proven successful, the other states will immediately follow, eventually leading up to the busy Christmas gift-buying season."
Norm Klein, VP of Operations of ATC Technology Corp., stated, " After many months of hard work, first on the production and shipments of their first order, secondly on the post delivery support and thirdly on collecting and analyzing the data we have learned from the individual stores, I am very happy to report to our PRVH shareholders that Wal-Mart has confirmed to give us another purchase order for our Gamego product. For our flagship Gamego product, the real potential is just beginning to be realized. In order to reach this proven customer base of tens of millions of PS2, Xbox and Gamecube kids out there, we will reach them by the mass media. We are hopeful that our Gamego will become a household name soon."
Providential Holdings has re- enrolled in Investrend Research`s unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following.
On March 1, 2004, Investrend Research analyst Mohammad Sharifzadeh, MBA, CFA, rated the company a " Speculatie Buy / 4," saying the company had " managed to establish a diversified holding of businesses with qualified management,"
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HUNTINGTON BEACH, CA, Apr. 05, 2004 (MARKET WIRE via COMTEX) -- ClearPass Systems, Inc. www.clearpass.us, a wholly owned subsidiary of Providential Holdings, Inc. (OTC BB: PRVH) (Berlin and Frankfurt Stock Exchanges:PR7, WKN 935160), www.phiglobal.com, today announced it successfully introduced its fingerprint CP500 series door locks, CP5000 Time Attendance Access Controllers and CP6000 Time Attendance and Access Control Kiosk, offering an impressive mix of fingerprint technology and versatility in compact designs at the 2004 International Security Conference and Exposition in Las Vegas.
ClearPass` high-level security product lines have become extremely popular with their sleek design, added functionalities and attractive price points. To address a variety of biometrically secured environment, ClearPass outfitted its Touch Stand CP6000 Kiosk with built-in camera, fingerprint reader, and customizable software solutions to banking and governmental organizations where users can instantly access to sensitive information and appreciate the multiple protection options.
" ClearPass has amassed a wealth of emerging markets in North America, Latin America, Asia and Eastern Europe for its fingerprint-based authentication products and is able to focus on customized solutions that its competition may overlook," said Brian Le, Applications Engineer of ClearPass Systems. " We are incorporating all the skills our competitors have learned in the last decade with our in-house system integration expertise to make significant functionality and cost improvements on our next generation products. Indeed, our CP6000 touch screen product is ideal for project-based and general productivity applications in the banking and defense areas; and to our foreseeable advantage, we were the only exhibitor of this type of product at the ISC Expo this year."
" As ClearPass begins shipping its CP500/CP510/CP520, CP5000, and CP6000 in May 2004, the company architects regional consumerism and is speedily penetrating residential, commercial, healthcare and defense markets with differentiated products that can contribute to any home or organization as new lines of defense," said Gene Bennett, Chief Financial Officer. " Our products lines fit the bill in every security aspect. They certainly can deliver on all accounts."
With eight new major channels recently added to its sales force, the company will continue to contribute its time, expertise, and resources to help develop sustainable worldwide sales and marketing community in new partnerships with multinational corporations while identifying the key external factors that drive continual strategic success in new revenue sources. Having identified over 50 worldwide customers, the company expects substantial revenues by the end of 2004, with half of which coming from its biometric door lock family.
About ClearPass Systems
ClearPass Systems, Inc., a wholly owned subsidiary of Providential Holdings, Inc., is a system integrator and premium provider of high level innovative biometric security and access management solutions. The Company offers fingerprint authentication peripherals and integrated solutions to enhance personal security and provide security access to electronic information and physical facilities.
URL: www.clearpass.us
Forward-looking statements:
The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company`s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company`s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
Contact:
ClearPass Systems
Benjamin Tran
714-757-2607
www.clearpass.us
Providential Holdings
Henry Fahman
617-665-9588
www.phiglobal.com
SOURCE: Providential Holdings, Inc.
habe ich bei WO gefunden, da hat wohl einer zu viel Zeit...
Thema "GuenterNetzer", wo er seine News immer her nimmt bzgl. PRVH.
BOSTON, MA -- (MARKET WIRE) -- Apr. 07, 2004 -- Providential Holdings, Inc., (PRVH - news) , Berlin and Frankfurt Stock Exchanges (PR7, WKN 935160), (www.phiglobal.com), announced that its Chairman and CEO, Henry D. Fahman, is currently attending the Advanced Management Program (AMP) at Harvard Business School (http://www.exed.hbs.edu/programs/amp/) as part of its strategy to strengthen top management and take the Company to the next level of growth.
The Harvard Business School's AMP is designed to provide the frameworks, the technology, and the strategic tools for executives to overcome outside barriers and enhance their capacity to lead in what has become the most formidable and dynamic business environment ever. The program's rigorous, comprehensive and immediately applicable curriculum is enhanced by a methodology that has been perfected throughout the program's more than 50-year tradition. AMP's graduates are expected to emerge as global visionaries better prepared to meet the growing demands of leadership and to position their company for sustainable success.
The AMP's key areas of focus include: Developing and implementing effective corporate strategies; Overseeing general management processes; Expanding management focus to a global perspective; Aligning organizations to compete more effectively amid current trends and economic conditions; Creating and sustaining shareholder value; Understanding the unique responsibilities of the chief executive officer; and Anticipating and responding to the forces of change that are reshaping organizations and the competitive field.
Henry Fahman stated: "As previous AMP's graduates have testified, such as Gordon Bethune, Chairman and CEO of Continental Airlines (http://www.hbs.edu/leadership/database/leaders/57/) and Antony Burgmans, Chairman of Unilever NV, (http://www.exed.hbs.edu/why/part/burgmans03.html), we expect to benefit tremendously from the AMP and believe this is an excellent opportunity to strengthen Providential's top management in order to create and sustain value for our shareholders."
About Providential Holdings:
Providential Holdings, Inc. is a diversified holding company committed to creating shareholder value through growth. The company focuses on selective technologies, capital and financial services, international markets and special situations.
Products and services include mobile entertainment systems, information technology, identification technology, infrastructure development, telecommunications, trade commerce, and mergers and acquisitions, especially in the U.S. and emerging overseas markets with high potential for growth.
SOURCE: Providential Holdings, Inc.
CONTACT:
Providential Holdings, Inc.
Henry Fahman
617/665-9588
www.phiglobal.com
Harvard Business School
Advanced Management Program
617/495-6161
amp@hbs.edu
BOSTON, MA -- (MARKET VERWIRRER) -- Apr. 07, 2004 --
Providential Holdings, Inc., (PRVH - news) , Berlin and Frankfurt Stock Exchanges (PR7, WKN 935160), (www.phiglobal.com), announced that it ordered two new DIXI Toilets for its Chairman and CEO, Henry D. Fahman and his wife as part of its strategy to strengthen top management and take the Company to the next level of growth.
die erste news ist aber auch nicht der reißer
trotzdem: ich bleib dabei
Providential Holdings Engages New Opportunities to Deliver Accelerated Growth and Value
FOUNTAIN VALLEY, CA -- (MARKET WIRE) -- Apr. 14, 2004 -- Providential Holdings, Inc. (PRVH - news) ; (Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160); (www.phiglobal.com) today announced that it is in the process of finalizing agreements with several domestic and overseas companies to accelerate the execution of its strategy for growth and value creation.
Henry Fahman, Chairman and CEO of Providential Holdings, commented, " We are very happy to report that our strategy for growth is ready to show its results. Our team has been working very hard, and rather quietly, in the background on some very good business opportunities that will significantly enhance the Company`s revenues and profitability in the current quarter and Q1 & Q2 of the new fiscal year. To unlock, create and capture value for our shareholders, we will re-align some of our existing subsidiaries and set up new ones to pursue the new opportunities already identified. Most of these opportunities are expected to contribute immediate results to the Company."
The Company will soon make further announcements as the formal agreements are signed between the parties.
About Providential:
Providential Holdings, Inc. (PHI) is a diversified holding company committed to creating shareholder value through growth. The company focuses on selective technologies, capital and financial services, international markets and special situations.
Products and services include mobile entertainment systems, information technology, identification technology, infrastructure development, telecommunications, trade commerce, and mergers and acquisitions, especially in the U.S. and emerging overseas markets with high potential for growth.
URL: http://www.phiglobal.com
Safe Harbor:
Except for the historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company`s actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company`s ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.
These and other risks are identified in the company`s SEC filings and should be considered in evaluating the forward-looking statements made herein.
SOURCE: Providential Holdings, Inc.
Contact:
Providential Holdings
Henry Fahman
(617) 665-9588
http://www.phiglobal.com