HOUSTON, May 24, 2006 (PRIMEZONE) -- Emerge Capital Corp. (OTCBB:EMGC) announced today that Nexus Nano, a turnaround client and custom electronics manufacturer in Vermont that Emerge acquired control of in November, 2005, has achieved 250% increases in daily output of custom circuit boards. Production levels at acquisition in November, 2005, were as low as $44,000 per day. Nexus Nano has now twice reached production levels in excess of $100,000 per day in March and April, 2006. Emerge Capital clients or portfolio companies include Power Technology (OTCBB:PWTC), Nexus Nano Electronics, TRAC Holdings (Pink Sheets:TCFG), Elite Flight Solutions (Pink Sheets:EFSL), and others.
Tim Connolly, CEO of Emerge, stated, "We are proud of the early results achieved by the Nexus Nano team, including new COO Mel Roseman and CFO Chris Mathers. While the turnaround to profitability is not complete, this performance level is a significant milestone for Nexus to achieve and we are proud of their hard work."
About Emerge Capital Corp. and Corporate Strategies, Inc. -- Emerge Capital Corp. (OTCBB:EMGC) provides business growth, organizational restructuring, and turnaround execution services for emerging and re-emerging public companies through our wholly owned subsidiary, Corporate Strategies, Inc. (www.corporate-strategies.net). Emerge Capital is unique because we accept payment for our services in the common stock of the companies we serve, aligning our interests with those of the client's shareholders and preserving their corporate cash reserves for working capital and growth. As Emerge Capital succeeds, the shareholders of our valued clients succeed. Emerge Capital believes our approach provides Emerge shareholders with an opportunity to realize greater gains than merely receiving cash payments for our services. We consider Emerge Capital to be the ultimate business resource for emerging and re-emerging public companies.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While Emerge Capital Corp/Corporate Strategies, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Emerge Capital Corp/Corporate Strategies, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Emerge Capital Corp/Corporate Strategies, Inc.'s filings with the Securities and Exchange Commission.