SOURCE: PPJ Enterprise

April 02, 2014 09:42 ET

UPDATE: PPJ Enterprises Awarded Contract With Houston Pain Management Physician's Group

RENO, NV--(Marketwired - Apr 2, 2014) - PPJ Enterprises (OTC Pink: PPJE) (PINKSHEETS: PPJE), a leader in proprietary automated health care reimbursement cycle software (all specialties), online health information digital systems software and practice information management digital system software for health care providers and general businesses worldwide, is pleased to announce that its subsidiary, Professional Billing Service (PBS), has signed a new contract to provide its full suite of billing services to a Texas based pain management physician's group.

Chandana Basu, CEO of PPJ Enterprises, stated, "We are delighted to announce this contract which represents a fraction of the significant new business being generated by our recently enhanced sales and marketing initiatives. The many leads generated as a result of the numerous Medical Conferences recently attended by PPJE staff, are beginning to come to fruition and we expect several more to be executed in the coming weeks. We believe our success in this category of contract is driving force in the future growth of our billing business. We expect this particular TX based Medical Clinic contract will generate approximately $200,000 in new annualized revenue."

As always PPJE management advises shareholders, company followers and prospective investors to contact their financial advisors if they have questions or concerns about their individual accounts and investment choices.

Regarding other news and events, the Company reminds its followers to monitor OTC Markets filings tab for further news worthy events and corporate updates which will follow as they happen (

Forward-looking Statements 
Information in this news release may contain statements about future expectations, plans, prospects or performance of PPJ Enterprise, that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. PPJ Enterprise cautions you that any forward-looking information provided by or on behalf of PPJ Enterprise is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. PPJ Enterprise's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond PPJ Enterprise's control. In addition to those discussed in PPJ Enterprise's press releases, public filings, and statements by PPJ Enterprise's management, including, but not limited to, PPJ Enterprise's estimate of the sufficiency of its existing capital resources, PPJ Enterprise's ability to raise additional capital to fund future operations, PPJ Enterprise's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match PPJ Enterprise's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. PPJ Enterprise does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.