Agreement Creates New Revenue Channel for CorpHQ
CorpHQ, Inc. (OTC: COHQ)
REDONDO BEACH, Calif.–(BUSINESS WIRE)–June 5, 2006–CorpHQ, Inc. (OTC:COHQ – News) announced that it has executed a Strategic Cooperation Agreement with Kirchhoff Consult, AG to find and package mature foreign companies seeking to qualify for fully sponsored Initial Public Offerings (IPOs) on the Frankfurt Stock Exchange.
Kirchhoff Consult, AG is the leading IPO consultancy in German-speaking Europe. The company has sponsored and/or packaged 42 IPOs since 1998.
CorpHQ provides capital and strategic management services to accelerate the growth of its portfolio companies. This agreement represents a new business offering for the company, which will allow it to provide its services to larger, more mature companies.
Under the terms of the agreement, CorpHQ’s larger, non-European portfolio companies will be packaged specifically for fully sponsored IPOs on the Frankfurt Stock Exchange, facilitated through Kirchhoff.
Jens Hecht, CFA, Member of the Board of Kirchhoff Consult, commented: “As listing partner of the Frankfurt Stock Exchange, we are very interested in bringing international companies to the German market in cooperation with CorpHQ. The new market segment entry standard provides a simple, quick and cost-efficient way for foreign companies to have their shares listed in Frankfurt.”
Gregg Davis, Executive Vice President of CorpHQ, remarked: “We are excited to embark on this strategic relationship with Kirchhoff Consult given the global nature of business today. This relationship provides us with access to larger amounts of capital for the many strong, innovative companies we meet in our day to day business. Kirchhoff Consult’s leading position as one of the premier IPO consultancies in Europe will strengthen CorpHQ’s international presence as well. We intend to make the most of it.”
About Kirchhoff Consult, AG
Kirchhoff Consult, AG is the leading IPO consultancy in German-speaking Europe. The company has sponsored and/or packaged 42 IPOs since 1998. Kirchhoff Consult has offices in Hamburg, Munich, Lucern and Vienna. The company provides integrated IPO services including IPO-Advisory, Investor Relations, Financial PR, Research, Media, Design and Project Management. The company is officially sanctioned by the Frankfurt Stock Exchange and is a Deutsche Borse Listing Partner. Kirchhoff Consult can be found on the internet at http://www.kirchhoff.de/main_htmlen.php.
About CorpHQ, Inc.
CorpHQ, Inc. provides money and management to high caliber early stage companies, fast-tracking their growth from startup to profitability. Acting as a business accelerator, CorpHQ works with high potential entrepreneurs and provides both the capital and hands-on leadership needed for long term growth. The company has a track record of building successful businesses and making a profit. Since 2001, it has helped develop seven companies while generating five consecutive years of growth and earnings for shareholders.
CorpHQ can be found on the internet at www.corphq.com. The company voluntarily reports all financial information and material events on www.pinksheets.com.
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. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company’s operations generally, to 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. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.
Contact:
CorpHQ, Inc. Investor Relations
Alan W. Silberberg or Gregg Davis, 310-540-8851
aws@corphq.com or gregg@corphq.com
Source: CorpHQ, Inc.
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