ST. PETERBURG, FLORIDA--(Marketwire - 02/04/11) - Title Consulting Services, Inc. (PINK SHEETS:TITL - News) (http://www.titleconsultingservices.com), Accu Title Agency (http://www.accutitleagency.biz) is pleased to introduce its targeted merger candidate:
PresentAll (www.presentall.com) offers browser-based web conferencing software that allows anyone to meet online effortlessly and affordably. Any professional or company can benefit from the increased productivity and convenience of collaborating via webcasts, online collaboration, telepresence, webinars, streaming conferences and online courses using PresentAll.
TITL has been looking to transform the company into a small conglomerate, encompassing real estate, technology and possibly other leading edge growth space sectors. In management's opinion PresentAll represents a viable model that will bring TITL into new business niche, creating a well-diversified portfolio that will accommodate and attract more interest in the market.
"One of the exciting items on this platform from PresentAll is the ability for any company to have a private label online collaboration and web-conferencing experience. As a CEO, I am always giving online presentations and for us to be able to direct our client or customer to our own web domain for an online meeting and will give us the competitive edge. This service is available to all of the PresentAll customers.," said Dustin Secor, CEO of Title Consulting Services, Inc.
At this stage of negotiations, TITL management is reviewing the companies financial portfolio to confirm that the company is well into the revenue generating stage. TITL CEO Stated, "We were having a great round of negotiations with PresentAll management, and we see this review as a simple formality. We think PresentAll has a great potential and will enhance TITL new forward-looking business model.
As stated in previous release, TITL seeks to close this merger within the 21 day time frame previously discussed.
More details will follow shortly including a CEO address and a Forward Guidance release.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Title Consulting Services, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Title Consulting Services, Inc. cautions you that any forward-looking information provided by or on behalf of Title Consulting Services, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Title Consulting Services, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Title Consulting Services, Inc.'s control. In addition to those discussed in Title Consulting Services, Inc.'s press releases, public filings, and statements by Title Consulting Services, Inc.'s management, including, but not limited to, Title Consulting Services, Inc.'s estimate of the sufficiency of its existing capital resources, Title Consulting Services, Inc.'s ability to raise additional capital to fund future operations, Title Consulting Services, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Title Consulting Services, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Title Consulting Services, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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