CORAL SPRINGS, Fla., April 19, 2005 (PRIMEZONE) -- Human Science Systems Inc. (Pink Sheets:HMNS), a contact center consulting and software development firm, today announced that it has retained New Jersey-based Empire Research Associates to initiate financial research on the company.
Human Science Systems president Lou Mandic said, "It is very clear to us that existing shareholders and strong potential investors alike are deserving of a professional investment opinion external to information that comes directly from our company. Instead of waiting for our anticipated growth to generate analyst coverage, we have opted to immediately retain Empire Research so that it can provide an educated and independent financial analysis of our company."
The research effort will be headed by Bill Walling of Empire Research. Walling is a chartered financial analyst with four decades in the financial services industry.
About Human Science Systems Inc.
Human Science Systems is a next generation developer of software for the contact center industry. Its flagship product, Central Authority(tm), will help contact centers collect, administer and optimize the use of all data generated within the contact center operation. The product will provide all levels of staff with accurate, real time information on the four most critical resources within the contact center: employees, technology, physical capacity and clients. More information is available at www.humansciencesystems.com or by calling (954) 603-0495.
About Empire Research Associates, Inc.
Empire Research Associates Inc. ("Empire Research") is a New Jersey-based business consulting firm, specializing in economic, financial, investment and management information system matters. Its three principals have over a century of experience in these fields. Empire Research is not a registered investment advisor or broker-dealer and it has not engaged in investment banking activities.
William ("Bill") N. Walling Jr., CFA, is founder and chairman of Empire Research. He holds a B.A. and M.B.A. and is a chartered financial analyst. Walling has several decades of experience on the brokerage and fiduciary sides of the investment profession. Initially, he was trust investment officer at Empire Trust Co. Subsequent positions include vice president of research at White, Weld, Shearson and A. G. Becker Paribas, as well as director of research at Dominick & Dominick. He is a former four-time member of the Institutional Investor Magazine All-America Research Team.
Heinz Jauch is president of Empire Research. He holds a Ph.D. in economics and is a chartered financial analyst. He was portfolio manager at Merrill Lynch before becoming V.P./Economist at Empire Trust Co. Jauch was professor of finance at Pace University (New York), where he also founded its Graduate School of Management Science. He has also completed major consulting assignments, including for Bankers Trust Co. and the Port Authority of New York.
Ronald E. Olsen is V.P. of Empire Research. His career has been in investment portfolio management. Olsen's previous positions include trust investment officer at Empire Trust Co. and at Howard Savings Bank.
Safe Harbor
Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements are presented based on current information available to management and in consideration of assumptions concerning information currently available to management regarding future events. Forward-looking statements are subject to risks and uncertainties that could cause future events or results to differ materially from such statements. Human Science Systems Inc. disclaims any intent or obligation to update or revise any forward-looking statements and presents information herein solely for the intent of delivering general information regarding the company.
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