TOKYO and LOS ANGELES, CA (the Company), (http://www.polaris-int.com) announced today that recently discovered technical issues creating trading settlement difficulties with the Depositary Trust Corporation (DTC) have been fully resolved. As a result, the stock's trading eligibility with the DTC is now in full effect.

According to Kuni Misawa, Polaris International Holdings, Inc. CEO, "We were recently alerted to the fact that some people were unable to purchase stock at their chosen broker due to this issue and took aggressive steps to correct the problem. We are pleased to announce that we have been able to correct this matter promptly and completely. We have been informed by our representatives that not all brokerage firms may be aware of this change and should anyone encounter any difficulty trading PIHN stock, they should ask their broker to contact their 'back end' department to assure they are fully informed of the upgrade in the status of PIHN stock."

About Polaris International Holdings, Inc.

Polaris International Holdings, Inc., a Delaware corporation with offices in Huntington Beach and Los Angeles, California and Tokyo, Japan, is a holding company of IT services and technology companies located in Japan. The Company plans to expand from its current territory of Japan to include the other rapidly growing Asian markets.

Polaris International Holdings has entered into an acquisition agreement with Polaris Technology, Inc., a privately held IT company in Japan, as well as a definitive agreement for the acquisition of Staff IS CO., Ltd's cabling division http://www.staffis.co.jp.

IDC Japan forecasted on May 31, 2007 that the Japanese IT market will have reached $104 billion in 2007, up 2.6% from 2006. IDC Japan also reported that the public sector within the Asia/Pacific (Excluding Japan) region represents an industry of diverse spending behavior, with spending expected to cross US$32 billion by 2011. IDC Japan is a subsidiary of IDC. IDC, www.idc.com, is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.

Forward-Looking Statements and Risk Factors

Certain statements in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of Polaris International Holdings, Inc to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. There can be no assurance that we will satisfactorily reach our objectives or projections. Other factors, which could materially affect such forward-looking statements including risk factors relating to lack of sufficient capital, competition, lack of expertise in some or all of the areas we are currently attempting to do business in and lack of market support for our stock. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact: CB Maxwell Maxwell Media Marketing 209-533-8291

Polaris (CE) (USOTC:PIHN)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 Polaris (CE) 차트를 더 보려면 여기를 클릭.
Polaris (CE) (USOTC:PIHN)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 Polaris (CE) 차트를 더 보려면 여기를 클릭.