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OTG Receives Order From Global Financial Services Leader
Sep 18, 2007 (08:09 AM EDT)
CONCORD, Ontario, Sept. 18 /PRNewswire-FirstCall/ -- On The Go Technologies Group , a leading multi-industry computer hardware, software and systems integrator, announced today that the Company has received a multiple Server order from a leading global financial services provider. The high performance HP Servers, due to ship within the next few days to a Toronto location, is part of OTG's continued contribution to the client's IT infrastructure upgrade.
With 150 years market experience, this long standing client and diverse global financial institution offers banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. Based on market capitalization and with a workforce of 120,000 people, they are one of the 20 largest financial institutions worldwide and ranked in the top 10 in the Europe arena.
Company CEO Stuart Turk commented, "This client is an integral member of a respected, and growing, list of full services brokerage, insurance and financial institutions serviced by our Enterprise division. With prolific associations with renowned clients as this one, we continue to set a new standard for brand named sales and innovative service solutions in the lucrative financial sector. The order further adds strongly to Company sales for the first quarter of our 2008 fiscal year."
About On The Go Technologies Group
On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector. OTG and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, Viatronix, Extreme Networks and Adobe; OTG Digital Media & OTG Creative, prominent systems integrators in the U.S. and Canadian digital entertainment industry; OTG Healthcare, compiling digital solutions and networks for the diagnostic medical community; OTG Research, providing solutions to the education, funding and research communities; and in-house multimedia studio Go Motion + Design, have established themselves as a respected and sought after industry competitors. The Company's intention is to maintain sustained growth in the years to come via continued organic development in its existing divisions and an aggressive acquisition schedule.
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This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as "expects," "believes," "anticipates" and "intends." Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company's ability to finance its planned expansion efforts; the company's ability to manage its planned growth; and changes in regulations affecting the company's business and such other risks disclosed from time to time in the company's reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.
CONTACT: Investors, Al Kau, +1-888-795-3166, California, firstname.lastname@example.org, for On The Go Technologies Group
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