News Release
Futuris Files Amended Offering Circular Showing 12 month Revenues Increased 300%
FUTURIS CO.
McapMediaWire -- Futuris Company (OTC: FTRS), a Human Capital Management company focused on the areas of Staffing, Consulting, and IT Services has just filed its Regulation A amended Offering Circular with the SEC. As stated in this offering circular, Futuris Company has grown revenues in the past twelve months over 300% from $11 million to over $46 million. Futuris has grown these revenues by completing acquisitions in the Human Capital Management field as well as related IT companies. It plans to continue this acquisition strategy of revenue accretive companies to grow the company. Futuris has more good news from its companies to support this stellar growth: Akvarr Company was contracted by Augusta Health (18 location Health Plan provider) to initially assist with UKG system configuration, process improvement and carrying out day-to-day HR tasks. Over the past 3 months, Akvarr expanded its role to support process automation, tax form compliance as well as organization reporting & optimization, resulting in a contract renewal and many hours expansion from its initial SOW. As the ROI, Akvarr is now the premier provider for Augusta and its affiliates for overall systems integration. Cadan Technologies, a leading managed IT, managed security, IT staffing, and IT Project Services provider brings our world class IT Services offerings to organizations of all types and sizes across the United States. The company’s experts design, integrate, deploy, and maintain technology solutions for maximum productivity and minimum downtime. It is exciting to report their best revenue year ever in 2022 and they are positioned to continue to grow its most profitable lines of business in 2023 through growth in existing services and the addition of new value-added services. As a part of this commitment to world class IT services, Cadan Technologies has introduced Siris Datto Business Continuity and Disaster Recovery to its IT services portfolio. SIRIS is fundamentally different than traditional backup and recovery solutions. Utilizing a cloud-first approach, Cadan Technologies can now offer clients an all-in-one solution that incorporates local backup and recovery with a secure, cloud-based repository and full disaster recovery in the cloud. All of this is administered from a cloud portal that allows Cadan and its clients to view, manage and recover client data from a single interface. In another story of Cadan’s success, in less than 60 days Cadan refreshed an entire fleet of laptops with new laptops while also implementing Microsoft Intune organization-wide for a 500-employee national nonprofit organization headquartered in Minnesota. This has streamlined employee on-boarding and off-boarding by adding the ability to remote provision and remotely decommission devices across the organization regardless of where the employee is located. “All of us at Cadan Technologies are pleased to bring Siris Datto Business Continuity and Disaster Recovery Services to our current and future managed IT services clients. These are excellent examples of our enduring commitment to bringing organizations of all types and sizes best in class tools and services that meet their IT management and security needs” – Charles LeVoir, President Cadan Technologies Health HR is a provider of quality therapy (Physical, Occupational and Speech) staffing services to its Home Health and Facility partners. Health HR has been in business in South Florida for 20+ years as a Health Care Service Pool licensed by the Agency for Healthcare Administration (AHCA) currently servicing Miami-Dade, Broward and Palm Beach County. Health HR continued its growth during the 1st quarter 2023 due to closing on an acquisition in mid-January, coupled with the continued organic growth of the company. Revenue for the company is based, in large part, on the number of patient visits that are scheduled from quarter to quarter. In the 4th quarter 2022 Health HR had a total number of scheduled visits of 6,887 versus scheduled visits in the 1st quarter 2023 of 9,165 amounting to an approximate increase of 33 percent from the prior quarter. During the last quarter of 2022, a concerted effort was undertaken to spend more time in the field meeting with current and potential clients. Face to face meetings with clients had been limited over the past couple of years due to Covid concerns, but meeting with current and potential clients in their respective offices allows Health HR to get updates on marketing efforts, meet with new office staff, discuss industry initiatives and changes, etc. The TASA Group, the nation’s most experienced expert referral service is known for providing expert witnesses in all areas of the legal industry – medical, technical, business, consulting, etc. Since the pandemic, Tasa has continued to conduct business and has seen a stable and even book of business over last year. The medical division, TASAmed is up 10% in revenue over last year. The company continues to market through advertising – digitally and in print, through networking events, expert-authored articles, and through webinars presented by experts. The TASA Group continues to be top-of-mind in the legal industry and the go-to for all things requiring expert witnesses! Computer Deductions Inc. (CDI) has over five decades of experience in analyzing, designing, developing, testing, integrating, supporting, and maintaining complex solutions for a myriad of public and private sector customers, CDI has a broad set of skills, practices, and resources to bring to our customers that we believe will have a strong positive benefit. Our mission is to deliver quality services to our clients. CDI’s experience includes more than 50 years supporting various National, State, and Local Agencies, focusing primarily on the Law Enforcement and Public Safety sectors. In particular, CDI played an instrumental role in the development and implementation of the current California Department of Motor Vehicles (DMV) statewide communications network, the automated field office system and Driver’s License issuance system. CDI provided, installed and operates the hardware and software for the California DMV DL/ID/SP servers, database to maintain the largest DL/ID photo-database in the country, supporting 250M DL/ID photos/signatures for the DMV along with an associated WEB server providing access to all law enforcement agencies real-time access to this photo database. CDI developed and maintains several WEB based DMV photo servers, providing California DMV photos to the law enforcement community in California and nationally. CDI designed and assisted in the development of all the databases at the Department of Justice (DOJ) and totally designed and implemented the California Law Enforcement Telecommunication System (CLETS) for DOJ. Talent Beacon has announced that Stratus Technologies has partnered with Talent Beacon to establish their India presence, setup all their related HR policies, and hire their executive team and core team members. This partnership has resulted in a team of 100+ systems design and development individuals, and they are continuing to work with them. About Futuris Company Futuris is a Human Capital Management (HCM) company focused on Executive Search, Staffing, Consulting services and Tech Services specializing in verticals such as Medical, Accounting/Finance, Information Technology, Recruitment Process Outsourcing (RPO), and Legal. The Company is committed to building a global HCM company through highly targeted and accretive acquisitions and operational efficiencies. For more information, please visit https://futuris.company/ Contact Details: Futuris Company info.it@futuris.company Website: www.futuris.company Twitter: https://www.twitter.com/futuriscompany Contact Details Futuris Company info.it@futuris.company Company Website http://futuris.company/
April 21, 2023 09:00 AM Eastern Daylight Time
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