Sage Global Solutions, Inc. Receives Strong Upgrade and Lands Major Contract

Strategic Insights -

Sage Global Solutions, Inc. is pleased to announce that it has received a strong upgrade by the respected research firm, TRI-STATE Capital, citing the company's strong year-over-year results for all of its subsidiaries. This upgrade comes at a time when the company has recently acquired a high growth full-service commercial lines insurance agency and signed a contract with Orange Coast Title worth an estimated $500,000 in additional annual revenues. The company's mission is to present a full spectrum of online financial and insurance services and products for small businesses and individual retail customers.

Key Takeaways:

  • Sage Global Solutions, Inc. has received a strong upgrade by TRI-STATE Capital, citing strong year-over-year results for all of its subsidiaries.
  • The company has acquired a high growth full-service commercial lines insurance agency, expanding its offerings and potential revenue streams.
  • Sage Global Solutions has signed a contract with Orange Coast Title worth an estimated $500,000 in additional annual revenues.
  • The company's mission is to provide a full spectrum of online financial and insurance services and products for small businesses and individual retail customers.
  • CEO Henry Davidson has stated that the company anticipates continued record growth and acquisitions heading into 2007, with estimates of doubling its signings in 90 days.
  • Sage Global Solutions has a joint venture with International Builders Limited, Inc. to provide construction and building services.
  • The company's products include a range of online financial and insurance services, including health insurance, life insurance, and property and casualty insurance.
  • Sage Global Solutions has a strategic relationship with Integrated Capital Partners, Inc. to provide investor relations and marketing services.
  • The company's management team has extensive experience in the financial and insurance industries, with a strong track record of growth and innovation.
  • Sage Global Solutions has a solid financial foundation, with a strong balance sheet and significant cash reserves.
  • Investors should note that the company's future performance is not guaranteed and may involve significant risks and uncertainties.

Statistics:

  • The contract with Orange Coast Title is worth an estimated $500,000 in additional annual revenues.
  • Sage Global Solutions has already generated about 140 signings in the first month, with gross revenues of approximately $28,000.
  • The company estimates that it will double its signings in 90 days, with significant revenue growth expected in the coming quarters.
  • Sage Global Solutions has a strong track record of growth, with significant year-over-year revenue increases.
  • The company has a robust online presence, with a website that provides a full range of financial and insurance services and products.
  • Sage Global Solutions has a talented and experienced management team, with extensive experience in the financial and insurance industries.

Sources:

  • Sage Global Solutions, Inc. press release, August 23, 2006.
  • TRI-STATE Capital research report, August 23, 2006.
  • Integrated Capital Partners, Inc. website, accessed August 23, 2006.
  • International Builders Limited, Inc. website, accessed August 23, 2006.
  • Orange Coast Title website, accessed August 23, 2006.