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Will shares of this company be going higher?
From: |
Stox in Play |
Subject: |
Will shares of this company be going higher? |
Date: |
Mon, 17 Jan 2005 05:22:35 -0400 |
Database Solutions, Inc.
Symbol: OTC Pink Sheets: DBSJ
Industry: Enterprise Software
Current Price: 0.19
Shares Out.: 36.0 Million
Est. Public Float: 2.8 Million
Market Capitalization: 5.4 Million
Major Recent News! Press Release Source: Database Solutions, Inc.
Database Solutions, Inc. Announces over 100 Users on its Agent Intelligence
Product and Projects (USD) 500,000 to (USD) 1,000,000 in Paying Subscribers for
Agent Intelligence in 2005.
Monday January 10, 6:00 am ET
TORONTO. BUSINESS WIRE. Jan. 10, 2005. Database Solutions, Inc.(DBSJ), the
technology and marketing customer relationship management (CRM) on-demand
company, today announced that as of January 10, 2005, the company now has over
100 users worldwide subscribing to onlinedatabasesolutions.com Agent
Intelligence CRM service. The Company believes that it may add up to 100 new
subscribers over the next four fiscal quarters.
"DBSJ has democratized CRM for the Insur ance Industry," said Jason Wong,
President and CEO. "Insur ance brokerages of all sizes and insur ance agents -
from small businesses to Fortune 500 enterprises - may experience CRM success
with Agent Intelligence and onlinedatabasesolutions.com. The insur ance
industry is moving to on-demand, and by relentlessly focusing on making each
and every one of our customers successful, DBSJ may become a marketing and
technology leader in on-demand CRM for the insur ance industry."
The Company reports that the Version 3 (v3) of Agent Intelligence was
completed, launched and created based on valuable feedback from beta testers
over three quarters in 2004. DBSJ's 2004 fourth quarter sales upon the
completion of v3 was (usd) 30,000 without any marketing effort or corporate
expense. Currently DBSJ has over 100 users on Agent Intelligence and projects
strong sales growth over the next four quarters for Agent Intelligence and
onlinedatabasesolutions.com family of products.
About Database Solutions, Inc. [OTC Pink Sheets: DBSJ]
Database Solutions, Inc. is a technology and marketing company in the on-demand
customer relationship management (CRM) industry and the software developer of
Agent Intelligence. Database Solutions Agent Intelligence's proprietary
browser-based software was designed specifically for the insur ance industry to
provide backend administration of insur ance policies, client tracking and
client marketing/selling strategies for an entire insur ance brokerage or insur
ance company. The Company's family of products includes a comprehensive suite
of CRM applications to help enterprises of all sizes, industries and
geographies meet the complex challenge of sharing and managing information
on-demand. Unlike other insur ance administration systems currently on the
market, Agent Intelligence focuses on the needs of the broker - simplifying
their business by eliminating the paper administration involved in tracking
their clients to in crease sales. By automatically tracking all events along
the lead development process an agent and/or manager is able to see any
weaknesses in an agents selling process. Automated reports critical to both
management and agent are automatically available through the use of the Agent
Intelligence system. One of the most attractive features of the Agent
Intelligence product is the fact that it is entirely browser based and no
hardware or software installation process is required. The Agent Intelligence
user also immediately benefits from complete upgrades and on-demand
customization. The Company allows customers and independent software vendors to
customize and integrate onlinedatabasesolutions.com's products, as well as
build their own on-demand enterprise applications.
>From the Investors' Point of View: Database Solutions, Inc. [OTC Pink Sheets:
>DBSJ]
DBSJs Agent Intelligence solution is an innovative CRM solution for the 3
trillion US insur ance industry. Unlike other insur ance administration
systems currently on the market the Agent Intelligence solution focuses on the
needs of the broker simplifying their business by eliminating the paper
administration involved in tracking their clients, further driving sales. By
automatically tracking all events along the lead development process an agent
and/or manager is quickly able to see weaknesses in an agents selling process.
The most attractive feature of this product is the fact that it is entirely
browser based therefore no hardware or software installation process is
required. Agent Intelligence users also immediately benefit from frequent and
constant development of system upgrades.
Database Solutions is positioned in the sizeable and rapidly expanding markets
in CRM solutions and hosted software. The CRM solutions market is estimated at
more than 8 billion and has been growing at a rate of more than 10% per year
over the past four years, driven by dramatically reduced costs and improved
technologies. At the same time, the market for hosted software has been
expanding at an exponential rate, with a CAGR of 36% IDC expects this 1 billion
market to reach more than 3.6 billion by 2008
DBSJs Agent Intelligence hosted CRM solution offers a number of significant
benefits to customers in the insur ance industry. Compared to traditional CRM
services, which require significant IT expertise and up-front costs, DBSJs
on-demand CRM service can be quickly and affordably deployed in an organization
without significant capital expenditures.
DBSJ benefits from its strong and highly experienced management team, who are
well versed in IT and in the insur ance industry. Founders Jason Wong and
Kervin Findlay previously held senior management positions at KF Technologies,
Inc., a provider of data based management systems for the insur ance industry,
where they were successful in applying IT solutions to the unique challenges of
the insur ance business.
The Company has also built a Board of Directors with extensive insur ance
industry expertise and contacts which will be instrumental in gaining new
clients. The Companys Board includes: Mr. Sal Nuccio, an experienced business
writer and consultant for the New York Times, who has also served as
Administrative VP of the Continental Insur ance Companies and as the NY State
Deputy Superintendent of Insur ance; and Ms. Eileen Mayer, Chief Agent for
Superior Life, responsible for the federal and provincial licensing as well as
all statutory reporting to the federal government.
Will DBSJ explode higher as more and more investors become aware of the stock?
If you think so, you may not want to wait until it is too late. Remember,
timing your trade is critical.
Good Luck and Successful Trading.
This publication is an independent publication with the goal of giving
investors the necessary knowledge to make rational and profitable investment
decisions. Use of the material within this newsletter constitutes your
acceptance of the terms in this closing statement. This publication does not
provide an analysis of the Company's financial position and is not an
solicitation to purchase or sell securities Investing in securities is
speculative and carries risk. It is advisable that any investment should be
made after consulting with your investment expert and after reviewing the
financial statements of the company. The information in this report is believed
to be reliable, but its accuracy cannot be assured. Past performance does not
insure similar future results. This is not purported to be a complete and
thorough analysis of the featured company and recommends a complete review of
the Company's regulatory filings at secgov The information herein contains
future looking statements and information within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, including statements regarding expected continual growth of the featured
company. Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives, goals,
assumptions or future events or performance are not statements of historical
fact and may be future looking statements. Future looking statements are based
on expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently anticipated. Future
looking statements in this action may be identified through the use of words
such as projects, foresee, expects, will, anticipates, estimates, believes,
understands, or that by statements indicating certain actions may, could, or
might occur. We disclose the receipt of two thousand dollars from a third
party, not an officer, director, or affiliate shareholder of the company for
the preparation of this online report. Be aware of an inherent conflict of
interest resulting from such compensation due to the fact that this is a paid
publication. All factual information in this report was gathered from public
sources, including but not limited to Company Web sites, SEC filings and
Company Press Releases. This information is believed to be reliable but can
make no absolute certainty as to its accuracy or completeness. As with many
microcap stocks, todays company has additional risk factors worth noting. Those
factors may include an accumulated deficit since its inception, a negative net
worth, reliance on loans from officers, directors and a majority shareholder to
pay expenses, nominal cash and the need to raise capital. The company may have
a going concern opinion from its auditor.
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