SOURCE: ProTek Capital, Inc.

December 14, 2010 08:38 ET

ProTek Capital, Inc. Announces Increased Paid in Capital of $1.5 Million

NEW YORK, NY--(Marketwire - December 14, 2010) - ProTek Capital, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company increased the additional paid in capital in the amount of $1,555,242 as a result of the disposal of its subsidiary Propalms Limited.

The Company today filed its quarterly accounts with OTC Markets. The full details can be found at http://www.otcmarkets.com/stock/PRPM/financials

"The company's recent dividend payment and the acquisition of Acute Systems Consulting LLC on 1 December, 2010, demonstrate our confidence in the long-term growth of the company and our commitment to returning capital to our shareholders," said Robert Zysblat, President.

About ProTek Capital, Inc.:
ProTek Capital, Inc. is a corporation with offices located in the United States and United Kingdom, whose focus is invest in or acquire software companies that are privately held or traded on the public markets. The objective of ProTek Capital, Inc. is to provide the best possible risk-return value for all of its shareholders by making direct investments or outright purchases into foreign and domestic private and public software companies. To learn more about ProTek Capital, Inc., please visit: http://www.protekcapital.com/

Safe Harbor:
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements'' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information