NEW YORK, NY — (MARKET WIRE) — 12/09/10 — Marketwire- ProTek Capital, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company plans to buy back up to 400 Million shares of its issued and common stock as part of a share buy-back program pursuant to Rule 10b -18. The Company’s President, Robert Zysblat , will be directing the program which will run from 1st January, 2011 to 31st December, 2011 , or until all of the shares have been purchased, whichever shall first occur. While the Company is not under any obligation to repurchase shares under this Program, the Company is excited about the Program and believes it will enhance the value of the investment focus to acquire software companies.
“These announcements illustrate our confidence in the long-term growth of the company and our commitment to returning capital to our shareholders,” said Robert Zysblat, President.
About ProTek Capital, Inc. :
ProTek Capital, Inc. is a corporation with offices located in the United States and United Kingdom , whose focus is investing in or acquiring software companies that are privately held or traded on the public markets. The objective of ProTek Capital, Inc. is to provide the best possible risk-return value for all of its shareholders by making direct investments or outright purchases into foreign and domestic private and public software companies. To learn more about ProTek Capital, Inc. , please visit: http://www.protekcapital.com/