RENO, Nev., Jan. 6, 2012 /PRNewswire/ -- PPJ Enterprise (PINKSHEETS: PPJE) (http://www.ppjenterprise.com/); a proprietary automated health care software company, is pleased to share with the public the estimated 2012 revenue projections for the company's business activities.
Based on the current company presence on the U.S. health care market, namely the current contracts and contract negotiations, the management of the Nevada based PPJ Enterprise estimates the projected revenues to reach between $1.5 to $2 million in 2012. This sum will include revenues from all the products offered by the PPJ Enterprise: pharmacy billing, pain management billing and workers comp. collection accounts.
Company CEO, Chandana Basu stated, "The U.S. Health Care Spending reached $2.5 trillion in 2010. We are actively focusing our sales activities, and we expect to fully capitalize from being located to the proximity to important U.S. markets such as California, which is one of largest markets for automated billing systems in the U.S.
"PPJ Enterprise is profitable and self-sufficient and we intent to grow organically on the health care market and continue to seek new business opportunities that may present themselves in the currently shifting U.S. health care, and we expect to continue to update and grow the sales of our proprietary systems, namely reimbursement cycle software, online health information digital systems software, and practice information management digital system software for health care providers and general businesses.
"As we have stated previously, these are exciting times for PPJ Enterprise. We have many solid business developments in the wings and we intend to update our investor base as these developments unfold."
Information in this news release may contain statements about future expectations, plans, prospects or performance of PPJ Enterprise, that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. PPJ Enterprise cautions you that any forward-looking information provided by or on behalf of PPJ Enterprise is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PPJ Enterprise's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PPJ Enterprise's control. In addition to those discussed in PPJ Enterprise's press releases, public filings, and statements by PPJ Enterprise's management, including, but not limited to, PPJ Enterprise's estimate of the sufficiency of its existing capital resources, PPJ Enterprise's ability to raise additional capital to fund future operations, PPJ Enterprise's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PPJ Enterprise's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PPJ Enterprise does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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SOURCE PPJ Enterprise