LAS VEGAS, Nov. 14, 2006 (PRIMEZONE) -- Hansen Gray & Company, Inc. (Pink Sheets:HGCP), with a five year operating history and positive cashflow, GTG Consulting, wholly owned company of Hansen Gray since September, has doubled its revenue since the acquisition. GTG will continue to add shareholder value to the company. GTG has dozens of affiliate web sites and publishers that send customers to the main web site (http://www.wishwireless.com). Customers then sign up for the cellular phone service of their choice and phones are shipped out within one business day. Currently averaging more than 20,000 applications per month, GTG's strategic alliances with all the leading wireless suppliers and DirectTV allows the company to earn revenue in most cases as a cost per acquisition basis with low overhead and zero inventory. GTG came with more than 18 years of management experience in the telecom and wireless industries. Additionally management is responsible for increasing the revenue of a 12 million dollar internet company that grew into the number three provider of cellular service over the internet.
"It's time for the public to take notice of us again," said CEO Frank Weber. He further comments, "This all comes after more than a year of focused efforts to complete our financial audit for 2004, 2005 and 2006, hiring of a new CFO and no slow down of our growth and acquisition mode.
Hansen Gray also has a 12% ownership of Celsia Technologies which currently equates to approximately 1.7 million in assets at the current level in addition to the rights to receive a handsome dividend for Celsia's future revenue base above 25 million. This investment could prove to be a "best kept secret."
Hansen is also currently working on a television deal for another fairly recent acquisition of the "North American Poker Tour" with more than 50 of the top professional poker players already signed on.
Please visit Hansen Gray at http://www.hansengray.com
About Hansen Gray and Company, Inc.
Hansen Gray and Company, Inc. (Pink Sheets:HGCP) is a strategic venture capital firm that acquires or invests in companies, which through growth or acquisition, have the potential to become leaders in their respective markets.
Safe Harbor -- This press release includes forward-looking statements that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Hansen Gray & Company, Inc.'s future results, please contact the Company directly. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.