Hipso Multimedia, Inc. (OTC BB:HPSO) formerly Physicians Remote
Solutions, Inc., announces that as of Friday, August 8, 2008, it has
changed its trading symbol from PHYU.OB to HPSO.OB, reflecting its
change of name.
The new name and symbol reflect the acquisition of Valtech
Telecommunications Inc., a “triple play”
– telephone, Internet, and television
communications company, located in Montreal, Canada.
Rene Arbic, President of Valtech and Hipso, stated: “The
new name and trading symbol reflect the change of our business focus
from a provider of medical software to a provider of cutting edge
communications services. We are now offering packages of three
communications modalities to large apartment complexes and hotels in
Canada and hope to expand to the United States. Our communications
packages include high speed 5 and 10 megabit Internet, 83 channels of
television, and all inclusive telephone service to a broad geographical
area. We install all wiring and set top boxes in new construction and
retrofit our electronics in existing apartment complexes and hotels.”
The company is headquartered in Ile des Soeurs, Quebec, Canada.
"Safe Harbor Statement"
Under The Private Securities Litigation Reform Act of 1995: The
statements in the press release that relate to the Company's
expectations with regard to the future impact on the Company's results
from the acquisition or the change of trading symbol are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur. The Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof, or to reflect the occurrence of
unanticipated events or changes in the Company's plans or expectations.
Hipso Multimedia, Inc.
Rene Arbic, 514-380-5353
President