Tango Charges Ahead With Conference Call - Laying the Groundwork for Significant Growth
CALGARY, Alberta--May 1, 20058, 2005--Tango Incorporated (Pink Sheets:TNGO) is pleased to report that it will be hosting a conference call on Wednesday, June 15, 2005 at 11:00am Eastern Time to introduce interested shareholders to the company's product pipeline, strategic initiatives, and market opportunities.In response to massively outdated technology and major operating inefficiencies in the pre-owned vehicle auction market, Tango Inc has developed a unique high-tech business model; one that bridges the time and communication gap between consumers, dealers, brokers, and wholesalers of pre-owned vehicles.
Unlike some companies, Tango's new technology isn't looking for a market. The market already exists, and it has an insatiable appetite. With over 3000 franchise dealerships in Canada and over 50,000 dealerships operating in the USA, the market opportunities are almost limitless.
As the only company to provide distinct services in Canada and the United States, Tango is solidly positioned to capitalize on North America's massive pre-owned vehicle auction market.
During the conference call, newly appointed President and CEO Mr. Gregg Shykora will be addressing Tango's unique market opportunity and laying the groundwork for the company's successes going forward.
Mr. Shykora will also be announcing the company's new name, developments on the company's new trading symbol, and introducing the top-flight management team and Directors that will help make Tango industry leaders.
"In today's day and age, people are always on the go. There is no such thing as a traditional desk job. That's why our new technology will help customers sell their product in a straightforward, efficient manner," noted Mr. Shykora. "Whether you're at the office, or on the go, Tango's real-time solution will make day-to-day business transactions easier, and ultimately, more profitable."
"Without giving too much away, suffice it to say, there is massive demand for our technology," said Mr. Shykora. "By the end of our first fiscal year of operations, we expect to report net revenue in excess of $3 million, to be break-even on an operational basis, and to be reporting strong net income."
Adding, "While I am excited about the new developments at Tango, my immediate concern is keeping our shareholders well informed of our future goals. Our shareholders are our most important asset and are vital to our future successes."
"That's why I urge all interested shareholders to join me and my team as we unveil Tango's new technology and catapult the company onto the global stage," he concluded.
With ground-breaking, industry leading technology, Tango will have a massive head start in a very lucrative field. By launching the automotive wholesale industry onto a new level, Tango will forever be the one company the competition is chasing.
Details on how to participate in this conference call will be released within 7 days of this release.
Legal Notice Regarding Forward Looking Statements
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Tango Incorporated to be materially different from the statements made herein.