Precis, Inc. Announces Annual Shareholder Meeting for December 29, 2006
22 November 2006 - 11:30PM
PR Newswire (US)
GRAND PRAIRIE, Texas, Nov. 22 /PRNewswire-FirstCall/ -- Precis,
Inc. (NASDAQ:PCIS), a provider of access to affordable healthcare
services to the ever growing number of uninsured and/or
underinsured in the United States, announced today that its annual
shareholder meeting will take place on Friday, December 29, 2006 at
10:00 a.m. at the Sheraton Grand Hotel located at the Dallas / Fort
Worth Airport, 4440 West John Carpenter Freeway, Irving, Texas,
75063. Because the Securities and Exchange Commission has not yet
completed its review of the preliminary proxy statement relating to
the Company's pending acquisition of Insurance Capital Management
USA Inc., the agenda for the meeting will not include a vote on the
transaction. The management teams of both companies continue to
move ahead toward the conclusion of the transaction. Upon
completion of the review by the SEC, the Company will distribute
the final proxy statement and set a date for a Special Shareholders
Meeting in the timeliest manner possible. About Precis, Inc.
Precis, Inc. and its subsidiaries provide affordable consumer
driven health care solutions as alternatives to traditional health
insurance. The companies market non-insurance health care savings
programs, and offer third party claims administration, provider
network management, and utilization management services for
employer groups that utilize partially self funded strategies to
finance their employee benefit programs. For more information on
Precis and its subsidiary Access Administrators, visit
http://www.precis-pcis.com/, and
http://www.accesshealthsource.com/, respectively. Disclaimer
Certain statements included in this news release constitute
"forward- looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. Certain, but not
necessarily all, of such forward-looking statements can be
identified by the use of forward-looking terminology such as
"anticipate," "believes," "expects," "may," "will," or "should," or
other variations thereon, by discussions of strategies that involve
risks and uncertainties. Precis Inc.'s actual results or industry
results may be materially different from any future results
expressed or implied by such forward-looking statements. Factors
that could cause actual results to differ materially include
general economic and business conditions; Precis Inc.'s ability to
implement its business strategies; competition; availability of key
personnel; increasing operating costs; unsuccessful promotional
efforts; changes in brand awareness; acceptance of new product
offerings; retention of members and independent marketing
representatives; and changes in, or the failure to comply with,
government regulations. The Company undertakes no obligation to
update any forward-looking statements or to make any other
forward-looking statement, whether as a result of new information,
future events, or otherwise. Contact: Bob Bintliff Joe Diaz Chief
Financial Officer Lytham Partners, LLC Precis, Inc. 602-889-9660
972-343-6501 DATASOURCE: Precis, Inc. CONTACT: Bob Bintliff, Chief
Financial Officer of Precis, Inc., +1-972-343-6501; or Joe Diaz of
Lytham Partners, LLC, +1-602-889-9660, for Precis, Inc. Web site:
http://www.precis-pcis.com/ Web site:
http://www.accesshealthsource.com/
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