REDONDO BEACH, Calif., Feb. 2, 2005 (PRIMEZONE) -- CorpHQ Inc. (Pink Sheets:COHQ) announced today that it has retained Barry Kaplan Associates ("Kaplan") of New Jersey to provide investor relations and corporate communications support within the financial marketplace. Kaplan's objectives will be to expand the knowledge of CorpHQ in the financial marketplace by reaching key, innovative brokers, analysts, money managers, brokerage houses and institutions with CorpHQ's activities and through exposure in the financial press.
CorpHQ has retained Kaplan for a one-year term commencing in January 2005, at a fee of US$6,000 per month, plus expenses. Kaplan will also be paid a one-time fee of $5,000 for the completion and circulation of a report.
"CorpHQ has been working diligently on building value in our Company and our portfolio companies. Management feels that it's time to tell the financial markets what we are bringing to our share and stakeholders," commented Alan Lewis, CorpHQ's Senior Vice President.
Barry Kaplan, President of Barry Kaplan Associates, said, "We look forward to a long term working relationship with the management of CorpHQ in an effort to help the Company in gaining additional exposure in the financial community."
"Kaplan is a reputable communications and investor relations firm with a significant network of contacts in the United States and Canada. We are pleased that Kaplan has agreed to be associated with our Company," added Mr. Lewis. "A strong, professional investor relations firm is crucial to enabling CorpHQ in communicating our value to investors and financial analysts. As a result, we expect our audience base to grow significantly."
About Barry Kaplan Associates
Kaplan is a full-service public relations and corporate communications firm that specializes in working with clients to effectively position them with current and prospective investors. Over the past twenty-five years, Kaplan has developed an investor relations program that has proven to be very successful in gaining increased awareness in the financial marketplace for small capitalization companies in both the United States and Canada.
About CorpHQ, Inc.
CorpHQ Inc. operates as a holding company and business incubator; we organize, invest in, and provide comprehensive management support and a variety of resources to high-potential companies. CorpHQ also acquires interests in and provides consultation to selected companies that are synergistic with its portfolio companies.
CorpHQ provides periodic Voluntary Financial Reports on its operations at http://www.pinksheets.com/quote/finance.jsp?symbol=COHQ.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain "forward-looking statements" as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
This press release is available at www.corphq.com and http://www.pinksheets.com/quote/quote.jsp?symbol=COHQ.