HANOVER, Md., June 28, 2004 (PRIMEZONE) -- Humana Trans Services Holding Corporation (OTCBB:HTSC) (http://www.humanaservices.com) is hosting an Investor Meeting at Chateau Briand in Westbury, New York, on June 29, 2004. Humana Trans Services has retained the services of Basic Investors of Melville NY. Basic Investors is a well-established registered N.A.S.D. Broker/Dealer and Investment Banking Firm, with a large network of Broker/Dealers. They work with and present Emerging Growth Companies, such as Humana Trans Services, to the capital markets. At this meeting, Basic Investors has invited several investors, Broker/Dealers, Investment Bankers and research analysts to a presentation of Humana Trans Services management team to lay out its current strategy of internal growth, acquisition plans and targets, and new corporate growth plans for the future, as well as introducing the management team of Humana Trans Services' lead acquisition target, Emcore Professional Employers of Greenville, NC.
Humana Trans Services and Emcore plan to discuss their potential post-merger plans and future post-merger growth strategy, as well as any potential changes in management structure as a result of the merger. The guest speaker will be David Bell who will relate his possible plans to join the post-merged Humana Trans Services/Emcore company as its CEO. Bell is the former president of Strategic Outsourcing Inc. (SOI), one of the largest providers of Professional Employer Organization (PEO) services in the United States. Serving as president of SOI for 8 years, Bell was instrumental in growing the company from $100 million to near $1 billion in revenues. SOI was purchased by Union Planters Corporation (UPC) for $50,000,000 in April of 2000.
Ronald Shapss, Chairman of Humana Trans Services stated, "I'm very excited about this opportunity to unveil some long-term plans for growth. Acquiring good solid management, as well as companies, is as important as the acquisitions themselves, and we feel that with Mr. Bells' help, coupled with the current management of Humana Trans Services and Emcore, we can enjoy growth over the next few years."
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