Business Services Industry

Sage Global Solutions, Inc. Receives Strong Upgrade by Respected Research Firm; Signs Contract with Orange Coast Title Insurance Worth $500,000 in Additional Annual Revenues

Business Wire, August 17, 2006

IRVINE, Calif. -- Sage Global Solutions, Inc. (Other OTC: SGGL.PK) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on SGGL. This strong upgrade comes at a time when the company has recently acquired a high growth full-service commercial lines insurance agency and signed a contract with Orange Coast Title worth an estimated $500,000 in annual revenues. This upgrade is also due to the company confirming strong year-over-year results for all of their subsidiaries.

TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com

Mr. Henry Davidson, CEO of International Builders Limited, Inc. states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction". Mr. Davidson further stated, "Our recent agreement with Orange Coast Title has generated about 140 signings in the first month with gross revenues of approximately $28,000. We see the number of signings increasing every week and expected to double in 90 days. Annual revenues from agreement are estimated at $500,000. We anticipate continued record growth and acquisitions heading into 2007."

About Sage Global Solutions, Inc.:

The mission of Sage Global is to present a full spectrum of online financial and insurance services and products for small businesses and the individual retail customer. This acquisition is a significant step toward the Company's goal of becoming a complete financial services institution positioning itself as a market leader in a rapidly-growing industry.

Forward-Looking Statements:

This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale

  • Your Work How to Win at Office Politics

    How to Win at Office Politics

    Like it or not, every workplace is a political environment. But operating effectively within it doesn’t have to mean sucking up, lying, or slinging dirt. In its purest form, office politics is simply about getting from here to there: securing a promotion, seeing an idea come to fruition, or gaining support to make an organizational change. Playing the game well is about defending your position, earning respect, exchanging favors, and keeping your sanity amid the chaos. To get started, you need to know what you really want from work, then orient your political moves toward those goals. It all starts with strong relationships and helping others; those people in return make up the support system that helps you realize your goals. Here’s how it’s done.

  • Your Industry The Five Worst Drug Companies of 2009

    The Five Worst Drug Companies of 2009

    These five companies have performed even worse than their peers and competitors. Investigations? Insider trading? Dirty factories? Recalls? Management churn? Scandals? They've got it all. In order of incompetence, BNET presents the five worst drug companies of 2009. Drumroll, please ...

  • Your Money Dumbest Things You Do With Your Money

    Dumbest Things You Do With Your Money

    Even smart people make financial moves that are downright illogical. Emotions and superstitions have a sneaky way of keeping you from rational financial decisions. But dumb choices can have serious, real-world consequences. Here are some of the biggest blunders we all make, plus tips from the experts on how to keep cool.