PACEL Corp. Expands Texas Operations
10 March 2006 - 2:31AM
PR Newswire (US)
CHARLOTTE, N.C., March 9 /PRNewswire-FirstCall/ -- PACEL Corp.
(OTC:PCCE) (BULLETIN BOARD: PCCE) - PACEL Corp. announces that its
operating unit AsmaraHR has expanded its presence in Texas.
AsmaraHR has increased its sales force in Texas with the opening of
a Houston office staffed by long time professionals in the human
resource industry and is in final negotiations to open a west Texas
office. These new offices combined with an expanded risk and safety
capability in Dallas will give AsmaraHR a solid presence throughout
the state. PACEL recently announced it had repaid all of its
debenture debt giving it the ability to use its resources to expand
the company. PACEL announced it closed on the acquisition of United
Personnel, Inc and anticipates closing on World Wide Personnel of
Maine, Inc within two to three weeks. "We are able to put our
expansion plans in full force now," stated Gary Musselman,
President of PACEL. "We have added new companies, are planning on
adding more and we are concentrating on organic growth. We expect
these moves to have a positive impact on the company and improve
its value." 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.
DATASOURCE: PACEL Corp. CONTACT: Gary Musselman of PACEL Corp.,
+1-704-643-0676
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