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News and Information Article
CONCORD, Ontario, Jan. 26 /-FirstCall/ -- On The Go Technologies
Group (OTC: OGHC) (the Company), a leading multi-industry computer hardware,
software and peripherals VAR and systems integrator and corporate multimedia
digital service solutions provider announced today that early sales booked by
their latest acquisition, North American medical imaging and scientific
research market VAR Island Corporation, strongly indicate that they are on
track to book their highest yearly revenues ever. Island has booked over
$320,000 in orders in the past 2 week period since joining On The Go,
establishing an annualized pace that exceeds that of any past year in their
history.
Over $220,000 of that $320,000 in sales will be shipped prior to the end
of, and will be accounted in, On The Gos January 31, 2006 quarterly close.
On The Go has launched itself into a very lucrative sector with their
foray into the digital medical market. With predictions that healthcare
providers are set to increase their technology related spending to as much as
$39.5 Billion by 2008 (Datamonitor, 2005) primarily on administrative, medical
and scientific databases and medical imaging systems, Island Corporation,
coupled with the established corporate expertise and reach of On The Gos
collective divisions, is primed to continue on its record revenue setting path
in the quarters to come.
"Its wonderful, and so encouraging, to see our newest team members not
only make a smooth and efficient transition into our offices, but also to see
them producing sales that are on target to exceed their best year ever,"
Stuart Turk, On The Go President and CEO remarked. "Their early contribution
will most certainly make for strong Q2 numbers for On The Go."
About On The Go Technologies Group
On The Go Technologies Group is a leading, North American corporation
focused on acquiring versatile and profitable companies in the IT sector. By
way of its five divisions to date: Value Added Resellers Compuquest and
Infinity Technologies, both catering to Fortune 1000 clientele and vendors
like HP, Apple, IBM, Extreme Networks and Adobe; Helios|Oceana, a prominent
systems integrator in the US and Canadian entertainment and education
industries; Island Corporation, compiling sophisticated digital solutions and
networks for the medical community; and Go Motion and Design, the Companys
complete in-house multimedia studio, On The Go has established itself as a
respected industry competitor. The Companys intention is to maintain
sustained growth in the years to come via both continued development in their
existing divisions and an aggressive acquisition schedule.
For more information, visit: http://www.oghc.com or http://www.otcfn.com/oghc
To be added to On The Gos email list for Company news, please visit:
http://www.onthegohealthcare.com/new_site/inv_pkg_form.htm
This press release contains forward-looking statements that involve a
number of risks and uncertainties. Important factors that could cause actual
results to differ materially from those indicated by such forward-looking
statements include, but are not limited to, economic conditions affecting the
B2B environment; continued ability to obtain hardware, software and
peripherals at competitive costs; the Companys ability to finance its planned
expansion efforts; the Companys ability to manage its planned growth; and
changes in regulations affecting the Companys business and such other risks
disclosed from time to time in the Companys reports filed with the Securities
and Exchange Commission. The Company does not intend to update any of the
forward- looking statements after the date of this document to conform these
statements to actual results or to changes in managements expectations,
except as required by law.
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