PARSIPPANY, N.J. -- ProMana Solutions, Inc. (Pink Sheets:PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource management, announced today that it will release its next software upgrade in February.
Specifically designed for the temporary staffing industry, this new release is a completely integrated solution for managing the entire business of a staffing firm. ProMana now offers the quality of an applicant tracking system, developed
The announcement coincides with the signing of a major new client, and the software upgrade is expected to be released on time for February delivery to the client, scheduled to be the first to take advantage of the latest ProMana solution.
The Illinois-based client is one of the premier staffing agencies in the mid-west, providing innovative, customer-focused solutions in human resources, finance, accounting, marketing and senior management.
"We believe this new relationship will greatly enhance the client's strategic HR outsourcing business," said ProMana CEO Lawrence Kass. "We hope to build on the success of this new engagement and solidify ProMana's role as a leader in HR outsourcing solutions for the temporary staffing industry."
About ProMana Solutions
ProMana Solutions (Pink Sheets:PSLU) offers web-based software solutions to small and medium sized companies worldwide. Its flagship product manages the entire spectrum of administration, accounting, payroll, benefits, human resources and a host of other functions for clients. The company's open architecture utilizes only Web server applications that integrate easily into existing client operating platforms.
PSLU sells its software through "branded partner" agreements with insurance companies, accounting firms, payroll processors, banks, franchise operators, B2B consulting firms, professional employment organizations, and others. The company earns revenues from licensing fees paid by branded partners and recurring monthly usage fees from end users. The PSLU solution provides a strong value proposition of cost savings for end users and adjunct revenue opportunities for its branded partners.
Shareholders are encouraged to visit http://www.promanasolutions.com for more information and to register on the "Investor Relations" page to receive ongoing ProMana news updates.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements'' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. PSLU disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and changes in our business strategies.
In addition, make sure to read these articles: