ENGLEWOOD, CO--(Marketwired - Apr 1, 2015) - Puget Technologies, Inc. (OTCQB: PUGE) announced today that it has opened a 3750 sq ft executive office space at 88 Inverness Circle East, Building M103, Englewood, CO 80112 which will serve as the Company's first centralized travel office. The fully furnished leased office space sits inside the center of the business district. It is equipped with the capabilities that will provide front office support for Puget's recently acquired online travel business. The Company has launched its software and sales have started. PUGE is positioning its software integration for the prospective acquisitions in the travel industry. The software provides upside potential of greater sales for existing travel companies that have not actualized their reservations systems to the more advanced computer applications. Puget plans on seeking existing listed companies that are for sale having cash flow positive histories and balance sheets that desire to take advantage of a more advanced technology application which are available through the Company's software application.
Larson Elmore, CEO and President of Puget Technologies, said, "We are currently recruiting staff to provide customer service and telesales for our vacations, including air, hotel and tour packages. Our software system provides to the consumer that wants additional assistance to assure that they are booking the best accommodations and getting the best price for their travel. Our office space serves to coordinate all aspects of our travel business for the customer. We also anticipate to add additional brands and travel businesses, and the space can be scaled easily to accommodate our expansion."
About Puget Technologies, Inc.
Puget Technologies is a diversified holdings and technology company targeting acquisitions with significant growth potential. The Company's first acquisition of an online travel technology firm is being leveraged to attract other merger and acquisition candidates in the online travel industry. In addition, the Company is evaluating leading-edge technologies that are ready for rapid commercialization. Puget Technologies' multi-discipline approach is designed to reduce risk exposure, generate multiple revenue streams, and help private companies in various industries to accelerate funding timelines. For more information, visit www.PugetTechInc.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.