NEW YORK, Sept. 18, 2006 (PRIMEZONE) -- Platinum IT Consulting, a Global IT Holding (Pink Sheets:GITH) company (www.platinumit.com) is pleased to announce that it has recently entered into a strategic partnership with Global Consulting Solutions (www.globalconsultingus.com). Global Consulting Solutions is a full service enterprise software consulting organization specializing in JD Edwards, Enterprise One World Software and web applications design and development. Their web applications consultants enable their clients to seamlessly integrate portal and web tools with JD Edwards and/or other enterprise applications and databases.
This strategic partnership will enable the company to offer new software solution products to its existing clients using Global Consulting Solutions' expertise. Global Consulting Solutions in turn will be able to assist its clients in the areas of permanent staffing and consultant sourcing by utilizing Platinum IT's resources.
Platinum IT Consulting estimates that two sales recently completed, related to this new strategic partnership, could add an additional 10-15% revenue to Platinum IT annually.
About Platinum IT Consulting
Platinum IT Consulting, Inc. was established in 1986 and has sales offices in New York City and Madison, NJ. In 2004, Platinum IT became part of the Global IT Holdings, Inc. family of companies. Global IT Holdings, Inc. is a New York-based holding company created to acquire targeted I.T. staffing firms. The company's current holdings include Platinum IT Consulting and its associated company Parker Clark Data Processing.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.