SOURCE: CorpHQ, Inc.

March 29, 2007 09:30 ET

CorpHQ Extends Client Relationship With Moore Protection Inc.

REDONDO BEACH, CA -- (MARKET WIRE) -- March 29, 2007 -- CorpHQ, Inc. (PINKSHEETS: COHQ) announced today that it has been engaged by Moore Protection Inc., a Los Angeles-based residential security company.

CorpHQ was instrumental in the formation and growth of Moore Protection, and provided a comprehensive suite of business and financial management services to its parent corporation from 2003 until early 2006.

The new relationship between the companies comprises accounting, business administration, information technology and investor relations. All administrative functions will also be relocated to CorpHQ's offices in Redondo Beach, CA next month. CorpHQ will be compensated through monthly fees and incentives for increasing business efficiencies at Moore Protection.

CorpHQ President Gregg Davis said, "We were asked to step back into Moore Protection's operations after its former President resigned earlier in the year. Since that time we have seen strong increases in Moore's cashflow and work in progress, and a marked decrease in its operating costs."

Davis added, "We are getting back on track. With two new relationships and Moore Protection back in the fold we are beginning to build a revenue base, which we think can be a springboard for new project development. As we achieve operational milestones with these clients, inventive compensation will kick in and that should add substantially to our own operating performance."

About CorpHQ, Inc. (PINKSHEETS: COHQ)

CorpHQ, Inc. provides management services to high caliber early stage companies. The company voluntarily reports all financial information and material events on www.pinksheets.com.

About Moore Protection Inc.

Moore Protection provides premium home technology and security services to elite and high demographic clientele in the Malibu, Pacific Palisades, Brentwood, Bel Air and Beverly Hills communities in Southern California. Moore Protection is a subsidiary of Stronghold Industries Inc. (PINKSHEETS: SGDS).

Forward-Looking Statements

Any statements made in this press release that are not based on historical facts are "forward-looking statements," as such term is defined in the Private Litigation Reform Act of 1995. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data; forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2005 Voluntary Annual Report and subsequent Voluntary Quarterly Reports, and in particular the discussions contained under "Risk Factors."

Contact Information

  • For more information please contact:
    CorpHQ, Inc.
    Gregg Davis
    (310) 683-0404
    Email Contact