FAIRFAX, Va., Sept. 27, 2011 /PRNewswire/ -- Innolog Holdings
Corp. (OTCBB: INHC) today announced that the Company has engaged
DME Securities, LLC, a New York Stock Exchange firm to help advise
the Company on potential acquisitions.
DME Securities, LLC, a FINRA registered Broker/Dealer is based
in New York City and advises small
to mid-size market cap companies on business and acquisition
matters. As part of the engagement, DME will advise the Company on
potential acquisitions and provide potential funding for those
acquisitions.
William Danielczyk, Executive
Chairman of Innolog Holdings stated, "We are pleased to establish
this relationship with DME Securities, LLC. They are a reputable
firm who can provide the assistance we need to grow Innolog through
acquisitions. This is a key component of our long-term strategic
plan. We feel with the right partner in place, like DME, we can be
aggressive in finding strong and strategic partners to join
Innolog."
David Elias, President of DME
Securities, LLC added, "We are excited to work with William and his
team at Innolog Holdings in pursuing potential acquisition targets
and to continue to grow the company. We feel that this will become
a long standing relationship that will be profitable for both
parties and we look forward to facilitating many transactions in
the future."
About DME Securities, LLC
DME Securities is a member firm of the NYSE, FINRA and a
licensed broker-dealer. DME provides publicly trading companies
with a full suite of investment banking services, including capital
raises and mergers and acquisitions. DME Securities operates a full
trading and brokerage operation on the floor of the New York Stock
Exchange. Clients include some of the largest hedge funds,
investment banks, pension and retirement funds and brokerage firms
in the world.
About Us
Innolog Holdings Corporation was formed in March 2009 as a holding company for the purpose
of acquiring businesses that provide services primarily to federal
government entities. Our primary subsidiary, Innovative Logistics
Techniques, Inc. (www.innolog.com), was founded in 1989 to help the
Department of Defense address complex logistics business problems.
The company is a federal government contractor that brings
world-class solutions and leading edge process oriented thinking to
the U.S. military, civilian agencies and state and local
governments to provide solutions to complex logistics problems.
Innolog is an International Organization for Standardization
(ISO) 9001:2008 certified Small Business focused on providing the
best possible solutions to its customers through the use of highly
qualified experts, sound business practices and customized
management tools. Employing professional and technical personnel in
support of numerous government entities, Innolog has grown from a
staff of eight with a $250,000
contract to its current level of $6
million in annual revenues.
Additional information is available at
www.innologholdings.com.
Statements in this press release that are not statements of
historical or current fact, such as the expectation of future
revenue growth and profitability, constitute "forward-looking
statements". Such forward-looking statements involve known and
unknown risks, uncertainties and other unknown factors that could
cause Innolog's actual results to be materially different from the
historical results or from any future results expressed or implied
by such forward-looking statements. Factors that could cause
Innolog's results to be materially different from the
forward-looking statements include whether Innolog will be able to
find financing when and as it needs it and whether Innolog's
revenues will eventually exceed its expenses. The forward-looking
statements contained herein are also subject generally to other
risks and uncertainties that are described from time to time in
Innolog's reports filed with the Securities and Exchange
Commission, which are available for review at
http://www.sec.gov/.
Contact:
Investor Relations
Andrew Barwicki
516-662-9461 / andrew@barwicki.com
SOURCE Innolog Holdings Corp.