Public Company Management Corporation
OTC Bulletin Board : PUBC

Public Company Management Corporation

September 20, 2005 10:38 ET

PUBC Reports Ongoing Progress After One Year as a Public Company

LAS VEGAS, NEVADA--(CCNMatthews - Sept. 20, 2005) - A year after Public Company Management Corporation (OTCBB:PUBC) became a public company trading on the Over the Counter Bulletin Board (OTCBB), the company continues to make strides in helping other small businesses to access the public equity markets. PUBC signed a record 16 contracts with new clients from December 2004 through July 2005, estimated to bring in up to 8 million shares of restricted stock in client companies.

"As we anticipate our first anniversary as a public company, PUBC is excited to announce the great progress we're making with our clients," said Stephen Brock, PUBC's president and CEO. "Every client we're working with is experiencing the exhilaration that comes with the process of becoming public, and we want to not only share their progress but also share their viability as promising small companies that will soon be available options for interested investors."

PUBC works with each of its clients through the process of becoming a public company, and assists them in maintaining compliance after going public. At present, each client is in a different stage of contract fulfillment. They include:

- Gourmet Express, Inc. is a Houston, TX-based restaurant company that is building a chain of gourmet pizza delivery restaurants as an upscale alternative to traditional pizza outlets such as Pizza Hut (NYSE : YUM) and Papa Johns (NASDAQ : PZZA). CURRENT STATUS: Gourmet Express is completing its audit in order to file paperwork with the SEC.

- Sputnik, Inc., which provides a leading software platform for wireless networks and applications designed for businesses, service providers, and institutions. CURRENT STATUS: Sputnik has filed a registration statement with the Securities and Exchange Commission and is now in comment letter stage.

- Legacy Communications Corporation, a holding company of media properties with its principal focus on radio station acquisition, development, operation and marketing. CURRENT STATUS: Legacy Communications has filed a registration statement with the Securities and Exchange Commission and is now in comment letter stage.

- Nasutra LLC is the exclusive U.S. distributor of Nasutra brand herbal supplements, all-natural alternatives to the current prescription medications for erectile dysfunction in a market dominated by Pfizer's (NYSE : PFE) Viagra. CURRENT STATUS: Nasutra is completing its audit in order to file paperwork with the SEC.

- Terrax, Inc., provides business application and e-commerce software for cross boarder trade. Its Internet-based products incorporate technology for U.S. and Canada cross border logistics and low cost shipping options. CURRENT STATUS: Terrax is completing its audit in order to file paperwork with the SEC.

- Millennium Technology, Inc. is dedicated to the development, manufacturing and sales of Magnetic Resonance Imaging (MRI) systems to the global healthcare community. The company has successfully developed the patented Virgo MRI system, the world's first Open "C" configuration MRI system using permanent magnet technology. The MRI market is currently dominated by companies such as General Electric (NYSE : GE), Toshiba, Hitachi (NYSE : HIT) and Philips (NYSE : PHG). CURRENT STATUS: Millennium is completing its audit in order to file paperwork with the SEC.

About Public Company Management Corporation

PUBC is a fast-growing, emerging company that provides a number of consulting and advising services to companies seeking to access public capital markets. PUBC's primary service is to help promising private companies become publicly traded companies by listing them on the OTCBB. PUBC receives an overwhelming majority of its compensation in the form of stock in its client companies. For taking a company public, PUBC receives through its subsidiary, Go Public Today, $70-75,000 cash compensation and 500,000 shares of restricted stock. Once they are public the subsidiary, Public Company Management Services, enters into an agreement to manage their compliance for 12 months for an additional $4000 per month and 750,000 shares of registration rights stock. This business model represents a genuine 'win-win' situation for PUBC and its clients. As the value of PUBC's client companies increases, so should the value of PUBC's holdings. For more information on PUBC's services, visit: www.publiccompanymanagement.com/services.

PUBC supports the full lifecycle of entering the public market through its various subsidiaries:

Education -- Pubco White Papers (http://www.PubcoWhitePapers.com) hosts a comprehensive body of knowledge on private and public equity markets.

Registration and listing -- Go Public Today (http://www.GoPublicToday.com) provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.

Regulatory compliance -- Public Company Management Services (http://www.PCMS-Team.com) assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.

PUBC leads by example, demonstrating to current and future clients' best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.

Safe Harbor

This press release contains or may contain forward-looking statements such as statements regarding PUBC's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which PUBC operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in PUBC's filings with the Securities and Exchange Commission. PUBC assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

Public Company Management Corporation (OTC Bulletin Board: PUBC)

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