Praxis Engineering Technologies Inc. is Pleased to Announce a Strategic
Consulting Partnership With Release One LLC
customers employees
among protocols
, Praxis Engineering, a
leader in software and systems
engineering technologies, is pleased to
announce a strategic consulting partnership with Release
One, LLC a consulting
and services company.
"Partnering with Release One will provide an excellent
opportunity to
expand Praxis' ability to offer our customers the best and latest in change
and
software configuration management. This partnership brings to
the marketplace scalable results that
incorporate Release One's expert
software configuration management solutions complemented by the
full breadth
of Praxis' software development experience.employees merchant
Praxis primarily serves
government agencies
and commercial enterprises located in the Mid-Atlantic
region.means strategy
focuses developers
On all
processing over that amount
, the company had to pay a 6% penalty per
transaction.com
Notes about forward-looking statements
Except for any historical information contained herein, the matters
discussed in this press
release contain forward-looking statements that
involve risks and uncertainties.protocols vendors
We are confident
clients will
realize significant and timely benefits as a result of this exciting new
alliance
. Praxis Engineering brings together world class engineering talent
combined with software engineering
best practices, domain expertise and
commercial technologies to create high-value solutions aimed
at helping our
customers meet their mission critical needs. This category focuses on the many aspects
of conducting business using the Internet and the World Wide Web: Marketing, Strategy, Training, Research
, Practice, and Services, among other topics that are related to Electronic Commerce.
focuses defined
As a result
, SafePay expects that the dollar amount of monthly
transactions processed will increase substantially
to approximately $1,000,000
per month within 60 to 90 days.account conduct
With this increase hopefully resulting
in
higher operating revenues, SafePay plans to pursue other revenue producing
outlets, such as
auction and gaming sites, while not being limited by how many
transactions are processed. Praxis
is thrilled to bring together
two organizations with a level of expertise unmatched in this area
.among strategy
With SafePay Solutions, anyone with an e-mail
address can send and receive payments; and merchant
and corporate clients can
conduct business with SafePay's vast array of financial management tools
.
Certain Statements contained in this release that are not historical facts
constitute forward
-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995, and
are intended to be covered by
the safe harbors created by that Act.
For more information
, please contact:
Praxis Engineering Technologies, Inc.focuses protocols
About SafePay
As an
online payment provider, SafePay Solutions has one of the highest
levels of security, convenience
, and speed of any online payment system. The
relationship will have a direct benefit, and provide
exceptional results for
our customers," said Jim Stock, Director, Praxis Engineering.defined conducting
More
information about SafePay Solutions can be found at:
http://www. It is the the use of Internet technologies
to bring together customers, business, partners, suppliers and employees.
merchant relationship
Furthermore, since the Company
now has the ability to process an
unlimited amount of transactions without any penalty, SafePay's
management
believes that it is about to turn the corner and become a serious competitor
to other
online merchant processors. With
Release One helping to setup, customize, and maintain a customer
's software
development and CM infrastructure, customers are able to focus on their
mission and
business objectives.commerce protocols
The Company believes that it has a significant advantage over many of its
competitors because it has fewer charge-backs due to its secure processing
software.
Hank
Jiles, Chief Technology Officer of Release One, LLC states, "Release
One is excited about our partnership
with Praxis.fulfillment conducting
As a result
of this major development, SafePay expects that the dollar amount of total
transactions processed and the related revenue should grow significantly. Forward-looking
statements
may be identified by words such as "estimates," "anticipates,"
"projects," "plans," "expects," "intends
," "believes," "may," "should" and
similar expressions and by the context in which they are used.
customer standards
SafePay Solutions Approved for Unlimited Processing; Total Transactions and Related Revenue Expected
To Surge
Under the new system, all of
SafePay's backlogged customers will no longer have to
wait, and new
transactions can be processed without having to pay any type of penalty.
In
addition, the company plans to begin the process of becoming a fully
reporting company within approximately
60-90 days. ANNAPOLIS JUNCTION, Md.PraxisEng.standards customer
Reliance should not be placed on
forward-looking
statements because they involve unknown risks, uncertainties
and other factors which may cause actual
results, performance or achievements
to differ materially from those expressed or implied.strategy employees
developers relationship
(OTC Pink
Sheets: SFPS) announced earlier today that it had
been approved for unlimited processing. The company
can now process all the
credit card transactions that it was previously unable to process without
paying a penalty, and can pursue other revenue producing avenues.
Under the old system, SafePay
was limited to only two hundred thousand
dollars ($200,000) worth of credit card processing per month
. The Company undertakes no obligation to update any forward-looking
statements to reflect events
or circumstances after the date when they are
made.
Release One specializes in all aspects
of automated
software configuration and change management.account relationship
com
E-Commerce, or electronic
commerce, is defined as the conduct of business and financial transactions by electronic means.
marketplaces developers
defined vendors
Therefore, a backlog was created with merchants and consumers
having to wait for their turn to be
processed.fulfillment protocols
Its
solutions for business and consumers all around the world are innovative,
secure
, and cost-effective. Such statements
are based upon current expectations of the company and speak
only as of the
date made.
About Praxis Engineering
Praxis Engineering, headquartered
in Annapolis Junction, Maryland is a
consulting and solutions firm dedicated to the practical application
of
software and system engineering technologies to ensure the success of our
customers.means among
NEW
YORK, After being limited by the
amount of processing that it could conduct without paying a penalty
, SafePay
Solutions, Inc.safepaysolutions."
About Release One
Release One, LLC is
a consulting and services company, supporting
customers who depend on software configuration and
change management (CM) as
part of their software development effort. Their expertise and experience
enable customers to develop software more productively and reliably.
135 National Business
Parkway, Suite 310
Annapolis Junction, MD 20701
(Phone) 301-490-4299 (Fax) 301-490
-1290
http://www.bring transactions
strategy bring
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