KCM Holdings Corp. News Release
Orbitz Worldwide, Inc. to Present at Goldman Sachs Conference on May 22 and TeleTech Announces First Quarter 2008 Business Highlights
City of Industry, CA --(www.FinancialNewsUSA.com)-- 05/14/2008 - Business Services industry news provided by Financial News USA (OTC: FNWU). Orbitz Worldwide, Inc. (NYSE: OWW) will present at the Goldman Sachs Global Internet Conference in Las Vegas, Nevada, on Thursday, May 22, 2008. Steven Barnhart, President and CEO, will present at 11:45 a.m. PDT. A live audiocast of the presentation can be accessed through the Orbitz Worldwide Investor Relations website at http://www.orbitz-ir.com. The recorded audiocast will be archived on the Orbitz Worldwide Investor Relations website for approximately 60 days after the date of the call. Slides accompanying the presentation will be available on the Orbitz Worldwide Investor Relations website.
Innotrac Corporation (NASDAQ: INOC) announced that it is delaying the issuance of its report on its financial results for the first quarter ended March 31, 2008 and the conference call to discuss such results, which was scheduled for today at 5:00 PM Eastern Daylight Time. This postponement is due to unexpected delays in completion of the Company's financial statements for the first quarter ended March 31, 2008. The Company expects to release first quarter results and hold our conference call on May 20, 2008.
TeleTech Holdings, Inc. (NASDAQ: TTEC), one of the largest and most geographically diverse global providers of business process outsourcing ("BPO") solutions, today announced business highlights for the first quarter ended March 31, 2008. TeleTech reported record first quarter 2008 revenue of $368 million, a 10.5 percent increase over first quarter 2007 revenue of $333 million. The first quarter 2008 was the tenth consecutive quarter of double-digit revenue growth. First quarter 2008 revenue from services performed for clients in offshore locations grew approximately 29 percent to $164 million and represented 45 percent of total revenue.
KCM Holdings Corp. (OTC: KCMH), a strategic business development and holdings company, announced its results on Friday May 9, 2008 for the first quarter ending March 31, 2008. For the first quarter of fiscal 2008, its first operational quarter as a publicly traded company, KCMH reported total revenue of $290,000 and net income of $160,000 after taxes. KCMH has already surpassed last quarter's revenues in this fiscal quarter and projects even further growth. "We realize it is rare that a micro-cap company shows profit its first quarter, so I am very pleased," states Donald Klein, President and CEO.
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