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Tue, May 24, 2011
Mon, May 23, 2011

Integrity Sales Announces Board Approval of Stock Buyback Program


Published on 2011-05-23 08:50:46 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--ProConcept Marketing Group, Inc. (Pink Sheets:PRMK), through its operating subsidiary Integrity Sales & Services, Inc., announced its Board has approved a stock buyback program of common shares.

The Board of Director of Integrity Sales & Services, Inc. unanimously approved a stock buyback program with which the Company, and its directors, may, from time-to-time, and upon Board discretion, purchase back shares of the Company stock within the open market. Shares purchased directly by the Company will be held in Treasury for possible future retirement, or financing uses.

Each quarter the Board will elect to reserve a position of their net income profit towards building cash reserves on its balance sheet, with a percentage going towards the stock buyback program. The Board reserves, at its discretion, the amount and timing of any open market purchases based on market and financial conditions.

In May 2011, the Company, and its directors, has already purchased a combined estimated 1,000,000 shares from the open market. The Company will look to comply with all regulatory and disclosure procedures during this process as we continue to work towards developing our compliance and public market status.

About Integrity Sales & Services, Inc.

Integrity Sales & Service, Inc. is a commercial market dealer of used trucks and trailer sales, service, and parts from makers like Ford, International, Freightliner, Volvo and others. The Company carries heavy duty inventory including used expedite, box, dump, grain and flatbed trucks, semi tractors, trailers, hot shots, light duty automobiles, and bucket trucks, with a large focus on the agriculture service market in the region. [ www.99trucks.com ], [ www.99trailers.com ]

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

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