Polaris International Holdings, Inc. Engages Roccus Partners
SOURCE:
Polaris International Holdings, Inc.
2008-04-02 05:05:00
Polaris International Holdings, Inc. Engages Roccus Partners
TOKYO and LOS ANGELES, CA–( EMWNews – April 2, 2008) – Polaris International Holdings,
Inc. (http://www.polaris-int.com) (
today that it has engaged Roccus Partners, Inc., an Edgartown, MA-based
firm that specializes in identifying growth capital for emerging growth
companies.
Roccus Partners is a 17-year-old firm that has acted as finder in numerous
financing transactions on behalf of both private and public companies.
According to Kuni Misawa, Polaris’ CEO, “We are delighted to welcome Roccus
Partners to the Polaris team. To be able to establish a relationship with
such a respected organization, one with a tradition of facilitating
shareholder-friendly capitalization strategies, confirms the quality of our
business strategy and progress to date.”
Commenting on the deal, Richard Berkley, President of Roccus Partners,
said, “We view Polaris International Holdings as the prototypical emerging
growth company. They possess a management team that is rich in experience
and depth, and has built a sound business strategy. We are very impressed
with the Company’s progress to date as well as being optimistic about
Polaris’ future prospects going forward. We’re equally enthusiastic about
the prospects of a long-term relationship with the company.”
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,
www.idc.co.jp, 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 the federal securities laws. These statements involve
a number of risks, uncertainties and other factors that could cause actual
results, performance or achievements of Polaris International Holdings, Inc
and/or its subsidiaries 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.
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