PrimeHoldings.com and Target Communications Acquire Additional Network Equipment to Meet Demands of New Business SALT LAKE CITY, May 5 /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. (BULLETIN BOARD: PRIM.PK) , a diversified holding company with early-mover initiatives in the telecommunications and wireless auction space, and proprietary restaurant and hospitality industries software and its joint venture partner, Target Communications, LLC, today announced their acquisition of additional Network Access Equipment to expand current business. "Not long after we started processing traffic, the rapid growth dictated that additional network equipment would be required well before our projections indicated. This high-density, carrier-class gateway, is very difficult to obtain" said Thomas Aliprandi, PrimeHoldings.com's CEO. "This equipment will support up to five channelized T3's (CT3' of data, voice, and fax services)," said Aliprandi. The gateway will be located in Houston, Texas at the Houston Technical Operations Center. The server will be able process approximately 40 million minutes of traffic per month. The equipment is currently being configured and should be operational by the end of next week. "Now that we have the equipment in place, we anticipate we will need additional equipment by July of this year," said Aliprandi. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements. DATASOURCE: PrimeHoldings.com, Inc. CONTACT: Tom Aliprandi, PrimeHoldings.com, Inc., +1-801-755-6859, Web site: http://www.primeholdings.com/

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