This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Virogen, Inc. Establishes New Technical Consulting Division; Newly-Formed Unit To Lead Company's Q2 2013 Strategic Initiative

SAN GERONIMO, Calif., March 6, 2013 /PRNewswire/ --  Virogen Inc. (OTC Pink: VRNI ), a holding company specializing in data security and encryption technology, today announced the creation of a new technical consulting division, which will be the focal point of the company's Q2 2013 strategic initiative.

Virogen's wholly-owned subsidiary, Tiger Team Technologies ("T3"), established its new technical consulting division in response to client requests for the company's high-level services on an ongoing basis. Recognizing that technical consulting services have long served as significant profit centers for many major technology companies, in some cases producing 60% or more of these companies' operating profits, T3's technical consulting services division will spearhead the company's strategic entry into this market niche.  The move into this market niche will serve to enhance and support the marketing of the company's flagship business offerings.

The new consulting services division is expected to yield high margins and offer a significant growth opportunity for the company in the near term. The company expects to realize revenue streams from this operating division beginning in the 2nd quarter of 2013. Given the business model and longevity of contracts, the company expects stable and ongoing revenues and profits, while continuing to expand the consulting services business in a carefully planned, well-conceived growth model.

While T3 is fully aware that the market niche to be served is highly competitive, the strong influx of client requests for these services serves to mitigate these competitive forces, in management's view. The solidity of T3's ongoing client relationships with its enterprise level clients gives the company's management confidence in the future success of the new technical consulting division.

About Virogen, Inc.

Virogen, Inc. is a technology holding company. The company's wholly owned subsidiary, Tiger Team Technologies "T3," has developed a very unique suite of copyrighted tools to address the network and database security needs of enterprise level companies and corporations. T3's risk management offering provides an unprecedented level of security and liability protection, positioning it as the only company with a comprehensive solution to data security breaches for its clients. T3's primary markets include medical service providers, financial services firms, brokerages and currency transaction platforms, consumer credit card companies, banking entities, retailers, defense and government related operations.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,109.60 +85.54 0.47%
S&P 500 2,120.46 +12.17 0.58%
NASDAQ 5,042.4970 +37.1060 0.74%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs