Polaris International Holdings, Inc. Announces Expansion of New Southern California-Based Office

LOS ANGELES, April 29 /PRNewswire-FirstCall/ -- Polaris International Holdings, Inc. (Pink Sheets: PIHN), a global IT outsourcing services company with a U.S.-Japan dual market base, today announced that it has signed a one-year sub-lease for a new office located in San Diego, California to expand its market share in the United States.

Polaris International Holdings, Inc. will expand its U.S.-based offices effective May 1, 2010:

Kuni Misawa, CEO of Polaris International, stated, "We are excited to expand our business operations in the United States. California is a hotbed for the IT business including web design, graphics and software development. We have set up an additional new office location in San Diego, California  that we feel can certainly be an extension to develop new business opportunities for Polaris International to complement our current Los Angeles-based office business activities. We will slowly build our office staff in San Diego and we have hired a few select quality consultants and individuals to move our new office operations forward."  

Additionally, Misawa stated, "We are also happy to announce that Staff IS, our wholly owned subsidiary in Japan, has initiated our first ASP services to our customers in full scale. Staff IS is now providing the PBX services to carry calls. IS-Phone is for the internal telephones of a private organization and also connects our customers to the public switched telephone network (PSTN). Another service is IS-VPN (Virtual Private Network) for data communication."

A private branch exchange (PBX) is a telephone exchange that serves a particular business or office, as opposed to one that a common carrier or telephone company operates for many businesses or for the general public.  

A virtual private network (VPN) is a computer network that is layered on top of an underlying computer network.

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About Polaris International Holdings, Inc.:

Polaris International Holdings, Inc., a Delaware corporation with offices in Huntington Beach and Los Angeles, California and in Tokyo, Japan is in the business of supplying services for Network Infrastructure, ASP and Cloud Computing Solutions. Its management team is composed of seasoned international business professionals with over 60 years of expertise in the technology, media, entertainment and investment industries. Polaris with both a U.S. and Japan market base is well positioned for the global evolution occurring in IT services and is meeting this evolution with its progressive collection of 'Cloud Solutions and Services' for its corporate Fortune 100 clients. Polaris' near term plan is to build out its 'Global IT Services' through acquisitions and/or strategic partnerships. The Company is currently engaged in due diligence with several international businesses which, if successfully completed, will significantly expand its territory from Japan to include other rapidly growing Asian and North American markets. www.polaris-int.com

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.

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SOURCE Polaris International Holdings, Inc.