Trucept Inc. Announces Entry into Defense/Security Consulting and Staffing Markets PR Newswire SAN DIEGO, March 14, 2013 SAN DIEGO, March 14, 2013 /PRNewswire/ --(OTC Market: TREP) Trucept Inc. A leader in the staffing and professional employee organization industry, Trucept Inc. has entered the defense consulting and staffing market. With many challenges facing the US defense market, domestic manufacturers need international sales for growth. This is an area fraught with difficulties, from dealing with the complexity of the US State Department regulations – and the consequences of getting it wrong – to dealing with different procedures and cultures of foreign manufacturers and governments. Trucept Inc. has secured the services of Martin Neill, a 20-year veteran of US, UK and other ally governments. Neill will provide consulting to defense companies looking to expand and secure customers and contracts in the international market. Trucept Inc.'s CEO Brian Bonar said this is a bold new direction for the staffing industry. "Our target for staffing is software engineers and intelligence analysts," he said. "Consulting will focus on assisting small to medium size businesses tap the international market." Neill will develop the Trucept staffing brand, Solvis, into the defense and security sector. As companies deal with likely reductions in the US defense and security budgets, the need to reduce overhead costs while increasing flexibility will drive them toward a rise in demand for temporary staffing. Trucept will utilize Neill's knowledge and experience to identify those key areas and get ahead of the market. Trucept Inc. also operates the Solvis brand of nurse staffing in both Michigan and California. About Trucept Inc.: Trucept Inc. provides staffing and employment services, relieving our clients from many of the day-to-day tasks that may detract their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing. The company also operates the Solvis brand of nurse staffing in both Michigan and California. Safe Harbor: Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones and marketing arrangements and plans. Estimated revenues from its Smart-Tek Solutions, Inc. subsidiary are somewhat subjective and based on information available to the Company at the time of the determination. Also, such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the continued growth of business as planned including the fruition of new agreements in hand, existing business staying intact, and our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and potential international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K for the year ended, and its subsequent filings with the SEC. SOURCE Trucept Inc. Contact: Norman Tipton, +1-858-798-1636
Trucept Inc. Announces Entry into Defense/Security Consulting and Staffing Markets
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