GHLT Announces New Strategic Plan for Revenue Growth
BREMERTON, Wash.--GHL Technologies, Inc. (Pink Sheets:GHLT) today announced the unveiling of a strategic plan which it believes will significantly impact future revenue growth. Since inception the company has been primarily an installer of GPS and GPS related products. The new strategic plan will allow GHLT to become more vertically integrated with products, services, sales, marketing and subscription based tracking in the GPS industry. This comprehensive plan marks a milestone for the continued growth and success of GHLT.
Gene Hew-Len, Founder and Chief Executive Officer states, “While revenues and profits of the installation business segment have been steady, we recognize that the future of GHLT is to expand and meet the needs of our customers. This vertical integration will allow us to enhance our revenues and capture a larger share of the growing market.”
The company expects to be executing agreements soon with strategic partners who will assist GHLT in fulfillment of the strategy. The company will also continue to update its shareholders and customers through the company’s website: www.ghltechnologies.com.
About GHL Technologies, Inc.
GHL Technologies actively installs, develops and markets navigational devices for the transportation industry. The company has developed strategic alliances which provide it with the platform necessary to become an emerging growth business.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although GHL Technologies, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by GHL Technologies, Inc. or any other person that the objective and plans of GHL Technologies will be achieved.