[July 08, 2004] Standard & Poor's Approves SK Technologies Corporation for Listing in Market Access Program WEST PALM BEACH, Fla., July 8 /PRNewswire-FirstCall/ -- SK Technologies Corporation (BULLETIN BOARD: SKTO) announced today that the Standard & Poor's Editorial Board has approved the Company for inclusion in the premier Market Access Program and a full description is being published in the Daily News Section of Standard Corporation Records. As part of the program, Standard & Poor's is also initiating financial coverage for SK Technologies Corporation on the Standard & Poor's Internet Site http://www.advisorinsight.com/ as well as S&P MarketScope and the S&P Stock Guide database. S&P's financial coverage program is one of the industry's best programs to broaden the dissemination of company information and heighten awareness of SK Technologies Corporation to the financial community. The Standard Corporation Records, the definitive source of financial information available in print, CD-ROM and on the Internet, is a recognized securities manual for secondary trading in approximately 37 states under the Blue Sky Laws. Standard & Poor's website http://www.advisorinsight.com/ provides free access to a full spectrum of investors interested in getting information on SK Technologies Corporation. Standard & Poor's MarketScope is a real-time information service offering instant access to current market information on SK Technologies Corporation by more than 80,000 brokers and traders worldwide. Standard & Poor's Stock Guide database is distributed electronically to virtually all major quote vendors. Vital statistics such as price, volume, dividends, shares outstanding, financial position, earnings and much more will be made available to over 240,000 brokers, traders and professionals. About SK Technologies Corporation. SK Technologies Corporation is the parent company of Cirilium Holdings, Inc., a Delaware corporation, that currently conducts operations through its two subsidiaries, Cirilium, Inc., a Florida corporation, and StiTel Systems, Inc., an Arizona corporation. Cirilium was formed in October 1999 as a technology joint venture between Inter-Tel, Incorporated and Hypercom Corporation . Cirilium develops, markets and supports award winning VoIP solutions. The company delivers true VoIP transport, consistent call control and revenue-generating applications for service providers and enterprises. By integrating legacy and VoIP networks, Cirilium's solutions help customers migrate to new technologies without replacing existing infrastructures. Based in Phoenix, Arizona, StiTel Systems is a technology provider of software based voice and data communication products for wireline and wireless enterprise markets. StiTel's Integrated Communication Gateway (ICG), is a software-based Hybrid PBX that offers both TDM and packet-switched capabilities with integrated IP data communication functionalities. The ICG consolidates several platforms into one solution, including IP PBX, TDM PBX, VoIP Gateway, IP Router, Multi-Protocol Transfer Switch, Firewall, Virtual Private Network, Multi-Conference Unit for Voice and Interactive Voice Response. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. For further information regarding risks and uncertainties associated with Cirilium's business, please refer to the Company's filings with the Securities and Exchange Commission (SEC), including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, all of which may be obtained through the SEC's website at: http://www.sec.gov/, or by contacting Cirilium's investor relations department via email at: [email protected]. All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations. SK Technologies Corporation CONTACT: Susan Cable, +1-623-465-5929, for SK Technologies Corporation,or SK Technologies Corporation, [email protected] [email protected] Web site: http://www.cirilium.com/ [ Back To TMCnet.com's Homepage ]