Public Company Management Corporation

Public Company Management Corporation

March 08, 2005 09:22 ET

Public Company Management Corporation Announces SB-2 Securities Registration Contract with Millennium Technology



OTC Bulletin Board SYMBOL: PUBC

MARCH 8, 2005 - 09:22 ET

Public Company Management Corporation Announces SB-2
Securities Registration Contract with Millennium

LAS VEGAS, NEVADA--(CCNMatthews - March 8, 2005) - Public Company
Management Corporation (OTCBB:PUBC) today announced that its subsidiary
Go Public Today has signed a contract with Millennium Technology to
provide SB-2 securities registration services and initiate the process
to obtain an OTC BB listing for Millennium in exchange for a combination
of cash fees and a block of shares of Millennium Technology common
stock. Through the SB-2 securities registration solution offered by Go
Public Today, Millennium will be able to register the resale of
securities and become a publicly traded company.

Millennium Technology (MTI) develops, manufactures and sells Magnetic
Resonance Imaging (MRI) systems to the global healthcare community. The
MRI market is currently dominated by companies such as General Electric
(NYSE: GE), Toshiba, Hitachi (NYSE: HIT) and Philips (NYSE: PHG).

MTI has successfully developed Virgo, the world's first Open "C"
configuration MRI system using permanent magnet technology(xx). MTI is
able to produce and sell its MRI units at a price that is making this
life-saving diagnostic tool practical and available to many diagnostic
clinics and small to mid-sized hospitals that might not otherwise be
able to afford to offer MRI services to their patients. The company
estimates that the global market for MRI technology is $3.5 billion (US)
per year and the annual market in the United States is approximately
$1.75 billion(x). The MRI market is growing rapidly and that growth is
being fueled by physicians demanding increased access to MRI technology.
In the U.S., the number of MRI diagnostic procedures is forecast to grow
from 18.6 to 36.5 million procedures per year by 2009.

"Our team thoroughly researched the benefits of taking our operations
public as well as costs, the routes we could take and the companies and
individuals that could assist us along the way. We decided that going
public was the best way for us to achieve our goal of rapidly expanding
the size and reach of our company and that Go Public Today was by far
the best and most cost-effective choice to guide us through the legal
and regulatory maze we knew we would encounter. Go Public Today offered
us the absolute easiest route to reach public status. They are handling
all of the paperwork and filings leaving us to concentrate on running
our company," says Illich Cheng, CEO of Millennium Technology, Inc.

"Millennium Technology is a great example of the kind of company with
solid technology, a proven track record of increasing revenues and
tremendous market that can benefit from going public. We offered MTI a
fast and cost-effective way to make this transition so that the company
could access the capital that is available to public corporations to
fuel its growth," said Stephen Brock, President and CEO of Public
Company Management Corporation.

PUBC serves as a one-stop shop for businesses that want to quickly and
cost-effectively go public and draw upon the wealth of investment
capital that is available to public corporations. The company's Pubco
White Papers subsidiary focuses on educating business owners on the
options available to them. PUBC's Go Public Today subsidiary takes
companies public. After a company goes public, PUBC's Public Company
Management Services subsidiary can advise the newly-public company on
regulatory and compliance issues.

About Millennium Technology

Richmond, B.C.-based Millennium Technology, Inc. (MTI) 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(xx).
MTI is prepared for the challenges of the contemporary healthcare
community and is confident that the Virgo MRI system will set a global
standard for excellence in the development and production of medical
imaging equipment. MTI operates in a global market estimated to be worth
$3.5 billion annually(x). For more information on MTI, please visit

(x) "U.S. Scanners and Coil Market", Frost & Sullivan, 2/21/03

(xx) U.S. Patent no. 6,842, 002 B2, issued 1/11/05

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
( hosts a comprehensive
body of knowledge on private and public equity markets.

Registration and listing -- Go Public Today
( 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 ( 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 the Company's growth and profitability,
growth strategy, liquidity and access to public markets, operating
expense reduction, and trends in the industry in which the Company
operates. The forward-looking statements contained in this press release
are also subject to other risks and uncertainties, including those more
fully described in the Company's filings with the Securities and
Exchange Commission. The Company 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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