WASHINGTON, Aug. 4, 2009 — Capital Partners Limited, LLP announced today that it has acquired PRonlineNews.com, an Internet-based news outlet, including all intellectual capital and technology, and will appoint H. Richard Oprinski, a current officer at Capital Earnings & Research, as its new divisional Managing Partner for the media company effective September 1, 2009. Oprinski will retain his seat on the parent company’s Board of Directors.
Oprinski successfully introduced an algorithmic process, “community quick-shot(R),” a polling method commonly referred to in the industry as “formula 4 for 4,” that can reach across the nation with a survey question and produce conclusive results in 4 hours or less within a 4% margin of error by accessing the U.S. Supercomputer System. His career has taken him to Europe, the Middle East and Asia on global assignments that included capital joint ventures and manufacturing markets development. He is a former Executive Vice President of the Business Consulting Group, Inc., a featured guest speaker and seminar instructor of international strategic planning and the author of “Customer Service, The Strategy for the 2000′s.”
Capital Partners Limited, LLP believes “the communication media network is a platform for all forms of collaboration and strengthens its market position as a public relations firm, a company that excels in opinion polling and targeting consumer language for advertisements, surveys, earnings calls, executive and political presentations.
Under the terms of the agreement, the transaction will be revenue-neutral for one year. It does however offer access to a new SEO market and a distribution channel of more than 400,000 U.S. and 100,000 international journalists mixed among print and electronic media.
PRonlineNews.com will focus its news authoring and release capability on a niche market of existing small business clients and expects its initial release products to place competitively across the nation. Currently, the company is in advanced negotiations with a national website author to act as an intermediary for the sale, development and maintenance of BLOG websites.
The acquisition has been approved by the Board of Directors from each company for the 4th quarter and is subject to concluded standard closing conditions, including approval under similar laws outside the U.S.
PRonlineNews.com is expected to launch a full operation by October 1, 2009.
Contact:
Hank Richards
(256) 417-6084 Central VoX
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