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Quadrant 4 Systems Corporation plans to expand its focus in the IT and ITES market segments through a series of strategic business combinations. The Company intends to establish a full spectrum of IT services that include consulting, products and solutions specific to Health Care, Telecommunications and Financial Services industries.
Many US corporations have deferred upgrading and implementing IT infrastructure projects during the most-recent economic downturn. As a result, Quadrant 4 believes that there is a pent-up demand for IT services that include consulting and implementation to help these clients remain efficient and competitive during the recovery time. The Company believes the best way to accomplish its strategic goals will be to initially seek to establish an IT services company platform by acquiring a set of profitable assets with history, track record and satisfied client base. After building the initial platform to launch the new business plan, the Company believes that it will be able to rapidly grow in targeted sectors by attracting additional assets to the Company with subsequent acquisitions. The Company intends to exploit current market conditions where many small and medium size IT services companies (with revenues in the range of $5mm to $50mm), both public and privately held, with “marquee” client relationships would fit with the Company’s strategic consolidation initiative. The Company has identified and begun negotiations with several targets that qualify for Quadrant 4 criteria for acquisition and business combination.
Following acquisition of the projected assets and their integration, the Company intends to focus on organic growth both in adding additional revenue from existing clients and also adding new clients.
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Disclaimer
Quadrant 4 Systems Corporation stock is publicly traded on NASDAQ under the symbol QFOR. Quadrant 4 Systems Corporation is an Information Technology (IT) product and services company with operations in the USA and in India. Company is implementing a strategic consolidation in the IT and Software industry in order to broaden its product and services solutions for Health Care, Telecommunications and Financial Services markets.
NASDAQ OTC Symbol: QFOR CUSIP: 98978T108
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Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities. Any representation to the contrary is a criminal offense. This article is not a solicitation, offer or recommendation to acquire or dispose of shares of the Fund. Investors seeking information should contact info@quadrantfour.com
Legal Statement The information contained in this website, including any "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 contained herein, should be reviewed in conjunction with the Company's annual report, financial filings and other publicly available information regarding the Company, copies of which are available from the Company upon request as well as with its periodic SEC filings. Such publicly available information sets forth many risks and uncertainties related to the Company's business and such statements, including risks and uncertainties related to that are unpredictable and outside of the influence and/or control of the Company.