Public Company Management Corporation
OTC Bulletin Board : PUBC

Public Company Management Corporation

July 06, 2005 09:45 ET

Public Company Management Corporation Completes Contract Milestone for Sputnik, Inc.

LAS VEGAS, NEVADA--(CCNMatthews - July 6, 2005) - Public Company Management Corporation (OTCBB:PUBC), an emerging company providing consulting and advising services to companies seeking to access public capital markets, announced that it has completed the second milestone in its contract to advise and assist Sputnik, Inc. to become a public company. Other public companies competing in Sputnik's industry include Cisco Systems, Inc. (NASDAQ:CSCO), Linksys (a division of Cisco Systems) and Netgear Inc. (NASDAQ:NTGR).

PUBC's contract with Sputnik, through it's subsidiary Go Public Today (GPT), includes consultation and advisory services relating to becoming eligible for trading on the OTCBB using the following four phases:

1. GPT assists the client in the development of their intranet for the process, prepares and distributes a press release announcing the client's decision to go public and develops the paperwork for their conducting a friends and family round of financing.

2. GPT completes and files a registration statement with the Securities and Exchange Commission (SEC) either registering the shares sold in the friends and family round or new shares issued by the client for sale to the public.

3. GPT develops a Form 211, the original application for the listing of securities, so the appropriate licensed market maker can file with NASDAQ Over The Counter Bulletin Board (OTCBB) so the company can retain a ticker symbol.

4. GPT completes the process of clearing through regulatory agencies, qualifying stock for quotation on the OTCBB and for public trading.

About Sputnik, Inc.

Sputnik Inc. ( is a leading provider of software that allows wireless service providers to build Wi-Fi networks and manage them over the Internet. Sputnik's remote network and subscriber management features allow cost-effective operation in locations without on-site technical support. The company offers a family of wireless application modules and access points to support a variety of businesses, service providers, and educational institutions. The company is based in San Francisco.

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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