COLORADO SPRINGS, CO — (MARKET WIRE) — 12/16/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a technology solutions company that combines cutting edge technology with its back office andadministration services to provide client side support and business process management services, announced today that it has expanded its presence in its back office operations in South Africa.
“With proposals being submitted for TagNet and working on getting MPOS certified to interface with the banks in Africa, our workload has increased exponentially,” said Eric Majors, CEO of Maximum. “Add to this the proposals under consideration with Unilogic and the infrastructure needs that those contracts represent and it is clear that we have had to make it a top priority to expand our physical presence as well as the team we have working on everything.”
Maximum was able to obtain two office locations with one in Johannesburg and the other in Durban through two strategic relationships with companies that are interested in working with Maximum on MPOS and TagNet. In addition to these two locations, we have been able to attract the full-time services of some of the leading professionals and experts in South Africa through the issuance of S-8 stock as payment for services.
“Our advisory board members have been a real asset for us in introducing us to the key decision makers at banks, telecom, insurance and technology companies and in so doing drive business right to us,” Majors added. “These people are excited about working with us and understand our vision. It is a delight to sit in a room with these key people and map out industry altering strategies together. Then, to have them put us at the top of their list and work with us to get these products and services deployed is just an outstanding confirmation that we are on the right track and have a very bright future. It is impressive to realize that we have over 40 people working for Maximum Dynamics around the world, with the vast majority of them having requested to take their pay in stock.”
Along with its subsidiaries, Maseco Denmark and Unilogic Solutions, and its partners from MPOS, Maximum is moving into a much larger building and office in Cape Town. On the first floor of the offices, Maximum intends to also launch a training program that will enable it to train people who have the aptitude and desire to attend University but that may not have the financial ability to do so.
“We have a lot of groups like FreeComGroup.Com chipping in to provide everything from computers and cell phone to rides,” said Majors. “People in high places are taking notice of our commitment to do things differently right from the start. Our core is built around people and so we are taking our commitment to social responsibility very seriously. It is our intention to set a new standard for companies that are operating internationally. We believe that we can not only turn this into a billion dollar company over time, but that we can seriously help people at the same time. To that end, we intend to be on the ground, involved with each community development project into which we invest our time and resources. We believe that we can empower people through education and assist them in creating opportunities. From a business standpoint, we have a built in labor supply trained to our standards and we are also helping to create a whole new consumer base for our own products.”
As a result of this approach, Maximum has already been asked to participate as business partners in the launch of some South Africa’s most exciting new business projects. All of these projects directly leverage the back office that Maximum is assembling in South Africa. “We have so many exciting business opportunities being offered to us that we need to make sure that we have everything in place before we sign agreements,” Majors added. “So we are taking the time to do things right and people from street vendors to the movers and shakers of Africa are starting to notice.”
The recipients of S-8 stock include experts in telecom, cellular technology, banking gateways, hand held device software integration, engineering as well as sales consultants, account management staff and administrative support. All of the individuals will receive their certificates when their respective benchmarks have been met. All individuals have also signed separate agreements that restrict the volume of shares that can be sold during a month period.
For more information, visit the company’s website at http://www.maximumdynamics.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Maximum Dynamics assumes no obligation to update the information contained in this press release. Maximum Dynamics’ future results may be affected by its ability to continue to implement its hedge fund administration services, its newly acquired Internet marketing capabilities, its dependence on procuring highly competitive hedge fund administration contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire.
Contact: Joshua Wolcott Maximum Dynamics, Inc. Tel: 303-733-3484
