SOURCE: Platinum IT Consulting

January 31, 2007 06:30 ET

Platinum IT Consulting Inc. Announces Key Competitive Advantage With New Partnership

NEW YORK, NY -- (MARKET WIRE) -- January 31, 2007 -- Platinum IT Consulting, a Global IT Holding (PINKSHEETS: GITH) company, (www.platinumit.com) is pleased to announce that as part of its recently announced strategic partnership with DG Business Solutions Inc. ("DGBS"), a minority-owned firm, it believes it may have gained a competitive advantage over other players in its field.

The Company believes that there are clear opportunities for minority-owned firms and their partners to take advantage of key support from multiple players including major corporations, government at all levels, foundations, academic institutions and most importantly, the minority businesses themselves. Gains made by minority-owned business entities over the past few years have been largely attributed to innovative strategic alliances and partnerships, mergers & acquisitions and increased use of capital markets.

Platinum IT estimates that this new partnership could add 10-20% in revenue within the first year alone, and over 25-30% in 2008. Mr. Ralph Clark, President of Platinum IT Consulting Inc. stated, "Partnering with a company that has minority status such as DGBS has vaulted us into another opportunity level. Our combined efforts will enable us to capture the full potential of America's fastest growing population demographic. It is the perfect marriage between their strengths in sales and marketing and global Fortune 500 client base, and our effectiveness in the areas of high level recruiting and IT staffing."

This strategic partnership will enable Platinum IT to offer new and enhanced services to its existing clients using DGBS sales and marketing expertise, and will introduce Platinum IT's consulting service to a vast new client base including Fortune 500 companies on a global scale, spanning across the communications, Internet service, consumer durables, travel, transportation, insurance and aviation industries. Platinum IT expects to announce several more growth-targeted strategic partnerships in the near future.

About DG Business Solutions Inc.

DGBS helps Global 1000 companies dramatically reduce the cost of acquiring and managing labor, one of the largest expenditures for enterprises. DGBS has developed a proven service model designed to provide clients with rapid acquiring of Professional Staffing. Services that will dramatically improve the efficiency and reduce the costs associated with Project and Staffing requirements.

About Platinum IT Consulting

Platinum IT Consulting, Inc. was established in 1986 and is headquartered in New York City. 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.

Contact Information

  • Contact:
    Platinum I.T. Consulting, Inc.
    Ralph Clark
    (212) 983-5630, Ext. 222
    www.platinumit.com