Public Company Management Corporation
OTC Bulletin Board : PUBC

Public Company Management Corporation

August 17, 2005 09:15 ET

PUBC: Year-Over-Year Revenues Increase 332%-6 New Contracts Totaling $1,950,000

LAS VEGAS, NEVADA--(CCNMatthews - Aug. 17, 2005) - Public Company Management Corporation's (OTCBB:PUBC) revenues increased 332% in the third quarter of fiscal year 2005 ending 06/30/05 to $353,063 from $81,646 in the comparative quarter last year; for the nine month period of FY05, revenues increased 318% to $1,473,165 compared to the previous nine month period revenue of $352,656 last fiscal year.

Deferred revenues increased 1,700% sequentially from the previous quarter ending March 31, 2005 to $839,725 from $46,518; this represents a contractual revenue amount that is expected to be realized in forward looking quarters in accordance with PUBC's revenue recognition policies.

Public Company Management Corporation, through its subsidiary GoPublicToday.com, Inc, has also executed 22 contracts with clients, to assist them in going public, with aggregate values in stock and cash totaling $6,809,000, including $5,514,000 in contracts executed during the nine months ending June 30, 2005. These amounts are based on the stock prices set for the private financing rounds of each client prior to their public registration statement preparation. Revenue of $1,351,800 has been recognized for all periods through June 30, 2005, with the balance of $5,457,200 in contract revenue to be recognized in future periods. These deferred revenues will be recognized as each of these companies successfully registers stock on the OTCBB.

PUBC reported a $1,051,251 net loss (or $0.05 per share loss) for the third quarter ending 06/30/05 (3QFY05) compared to a $1,011,657 net income (or $0.06 per share income) in the previous comparable quarter last year. For the nine month period ending FY05, PUBC reported a $1,024,988 net loss compared to $862,001 net income in the prior nine month period ending 06/30/04. However, the 3QFY05 loss was largely attributable to one-time items, such as non-cash stock compensation to employees and consultants. The company believes these services were required in order to lay the foundation for taking the company's operations to a whole new level.

PUBC's third quarter FY05 net working capital edged upward 3% to $1,785,440 from that of March 31, 2005.

Commenting on PUBC's third quarter performance, CEO Stephen Brock stated, "As the number of our new contacts clearly demonstrates, we have made a lot of progress in the past few months. Our business is strong as the six new clients our GoPublicToday subsidiary signed in the third quarter alone clearly proves. We now have a substantial deferred revenue base that we should be able to book in future quarters. We have also recently released PCMC Bulletin Board 30™ Index which not only serves the investing public, but also offers the potential for a new product if it becomes tradable. From our early experience with this new OTCBB Index, we expect this product to generate greater OTCBB awareness in a positive and more educated basis for the public, for which it deserves, as well as spotlight our business of taking companies public and filing services within this space, offering another indirect source of new business leads."

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 focuses on the small business market segment, traditionally underserved by large investment banks such as Merrill-Lynch & Co, Inc. (NYSE: MER) and Bear Stearns Companies, Inc. (NYSE: BSC). PUBC signed a record of sixteen contracts with new clients from December 2004 through July 2005. PUBC receives an overwhelming majority of its compensation in the form of stock in its client companies. The sixteen contracts PUBC has recently signed are estimated to bring in up to 8 million shares of restricted stock in client companies. Each company has also signed a contractual agreement for compliance services after the company goes public. 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.

About Public Company Management Corporation

PUBC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. 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 quotation 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.

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