PACEL Corp. Announces Closing on New Acquisition
07 Fevereiro 2006 - 9:00AM
PR Newswire (US)
CHARLOTTE, N.C., Feb. 7 /PRNewswire-FirstCall/ -- PACEL, Corp.
(OTC:PCCE) (BULLETIN BOARD: PCCE) has reached final terms for the
acquisition of World Wide Personnel Services of Maine, Inc. and
United Personnel Services, Inc. PACEL Corp. entered into a letter
of intent to purchase World Wide Personnel Services of Maine, Inc.
and United Personnel Services, Inc. in November 2005. The parties
have set February 15, 2006 as the closing date. World Wide
Personnel Services of Maine, Inc. and United Personnel Services,
Inc. will continue to operate with the current management team and
continue to serve their respective client base. "We are looking
forward to the closing now that all the details have been
finalized," stated Gary Musselman, President of PACEL. "World Wide
Personnel Services of Maine, Inc. and United Personnel Services,
Inc. are excellent organizations and will be valuable members of
the PACEL family." Cautionary Statement for the Purpose of Safe
Harbor Provisions of the Private Securities Litigation Reform Act
of 1995: Forward-looking statements in this news release are made
under the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Certain important factors could
cause results to differ materially from those anticipated by
forward-looking statements, including the impact of competition,
the success of existing and new product releases, the management of
our growth, and other factors discussed from time to time in
reports filed by the company with the Securities and Exchange
Commission. First Call Analyst: FCMN Contact: DATASOURCE: PACEL
Corp. CONTACT: Gary Musselman of PACEL Corp., +1-704-643-0676
Copyright