Platinum Pari-Mutuel Holdings, Inc. is proud to announce that it has completed its restructure, focused on growth and value, with the acquisition of Rugged Outdoor Computing Systems, Inc. (ROCS).
The restructuring of the company involved the acquisition of ROCS, the appointments of the new CEO Paul Baioni and CTO John Whittaker, the move of its corporate headquarters to Memphis, TN, and the creation of the new public presence of the company PPMHinc.com.
With all the news centered around public interactions with law enforcement and the expansion of technology in the field for the protection of both officer and citizen, this acquisition of ROCS places PPMH solidly on the leading edge of available solutions for the critical public safety industry. ROCS provides Public Safety operations of municipalities with complete integrated solutions providing unprecedented capabilities for real-time management of field resources and simplified evidence management.
The new CEO, Paul Baioni stated,"ROCS groundbreaking fully integrated solutions maximizes field officers' ability to collect, share, analyze and manage critical life-saving information, simply, timely and most important, reliably. Solid "Like a ROC". Our proprietary designs are the Future of Public Safety mobile technology".
ROCS patent pending designs and proprietary integration represents revolutionary advancements in technology, more effective, rugged computing capabilities, and cost effective management of real-time field resources. The ROCS products provide premium benefits for Public Safety, Law Enforcement, Military, Homeland Security, and commercial markets.
With the launch of the company's all new public presence, the company has begun to move forward, with one consistent message about its products and corporate structure throughout the internet and within the public.
Paul Baioni, CEO, added "Getting here has been a long and complicated process, but ushers in great promise for the future of PPMH. We have begun restructuring the company and will continue to work towards growth and value for our shareholders."
To learn more about PPMH and the new path of the company, visit the new corporate website.
This release contains forward-looking statements that are based on beliefs of Platinum Pari-Mutuel Holdings management and reflect Platinum Pari-Mutuel Holdings current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of Platinum Pari-Mutuel Holdings with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of a salable market, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Platinum Pari-Mutuel Holdings and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10K, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance Platinum Pari-Mutuel Holdings will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the acquisitions assets, companies, and projects will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in the market would affect the potential profitability of the company negatively.