SHGY Headlines
SearchGuy.com Inc (OT:SHGY)
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12 Aug 2008, 10:19 PM EDT Rating: 
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Msg. 11899 of 12423
(Reply to 11898 by tony4418) |
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more bs LA JOLLA, Calif., Jan 17 /PRNewswire-FirstCall/ -- SearchGuy.com, Inc., (Pink Sheets: SHGY) has opened two new offices in the US and Mexico, as part of restructuring of the company undertaken by the new management team led by Ramon Toledo, President & Interim CEO. The company's main office will be situated on the prestigious Prospect Street in La Jolla, California, located amidst top financial institutions in the country. SearchGuy.com has already commenced operations at this office, which will be responsible for handling US billings and customer service. In line with its previously-announced plans to launch Buscatodo.com, the most comprehensive Spanish meta search engine and classifieds listing site, SearchGuy.com has also opened an office in Tijuana, Mexico. This office is the first of many that the company expects to start in Mexico during the course of the year. Besides serving as the nerve center for the development of Buscatodo.com, the Tijuana office will support user interface design & development for its flagship meta search engine and other web properties that the company has in the offing. The Tijuana office is currently being staffed by 6 interns and 4 full-time employees. Contact details of the two offices are given at the bottom of this release. SearchGuy.com has also entered into an agreement with UNIVERSIDAD DEL INSTITUTO TECNOLOGICO DE TIJUANA to recruit 2 students every six months to work as Interns. This recently-launched Internship program provides hands-on experience on cutting edge Internet development projects to bright and talented students, while at the same time keeping its staffing costs low. SearchGuy.com is in talks with two more universities to join the Internship program. Taking another important step in its operational and administrative reorganization, SearchGuy.com has hired the Catalyst Law Group to help the company comply with all Pink Sheet requirements as well as get listed on the Over The Counter (OTC) exchange by mid 2007. "All the above steps ensure that we are making rapid progress on achieving the milestones we set ourselves for the year in all facets of our business," said Ramon Toledo. "Besides putting together a strong management team in place, we are building the right resource pool and support structure to execute on our strategy and exciting product development roadmap. Hiring the Catalyst Law Group to establish the necessary regulatory and compliance framework further reinforces the management's commitment to deliver maximum value to our shareholders." We understand that the public is awaiting the release of our new meta search design. Due to the sophistication of our new design its development requires additional refinement. We assure you that this delay is only temporary and anticipate its unveiling in the very near future. Searchguy.com Main Office 828 Prospect St, Suite D La Jolla, CA 92037 Tel: (858) 454-5111 Buscatodo.com Main Office Brasil #200-A Gral. Ferreira Col. Juarez C.P. 22150 Tijuana B.C. Mexico Tel: 52-664-200-2234 and 200-2234 About SearchGuy.com, Inc. SearchGuy.com, Inc., a creative provider of multi category search services including web, images, news, shopping/products and video, is shaping the future of meta- search. With the web expanding each day, search providers are becoming significantly more crucial in nearly all aspects of life. Whether it be researching irreducibly complex systems, or finding the local pizza shop, the information age has transformed the way we live our lives. SearchGuy.com, Inc., strives to improve the search experience with creative new tools and ideas to help users access all the information they need from one source. Read more at: http://www.searchguy.com/ . This press release contains forward-looking statements and projections concerning our plans, strategies, expectations, predictions and financial projections concerning our future activities and results of operations and other future events or conditions, and are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Words such as "expect," "believe," "anticipate," "may," "will," "plan," "intend," "estimate," "could," and other similar expressions are intended to identify these forward-looking statements. In particular, statements in this release regarding potential growth opportunities, working capital and cash flow management, operational and expense controls, future profitability and results of operations are forward looking. Statements in this press release, and elsewhere, that look forward in time or include anything other than historical information, involve risks and uncertainties that may affect our actual results of operations. These statements are subject to certain risks, including, among others, future demand for its products, competition from other businesses providing similar products, the ability to maintain profitability and control expenses and our ability to successfully execute our business strategy. (Voluntary Disclosure: ST Rating- Strong Sell; LT Rating- Strong Sell) - - - - - View Replies » |
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