Trucept Inc. Announces Entry into Defense/Security Consulting and Staffing
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
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
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
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
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