January 13, 2010, 2010 (FinancialWire) — Genesis Group Holdings, Inc. (OTC: GGHO) has entered into extensive negotiations for the purchase of Southern Technologies Service Inc. (STS), an Alabama based telecommunications installation, engineering and infrastructure company.

Gideon Taylor, CEO of Genesis, stated that STS will form a strong foundation for the company’s telecom infrastructure business plan and he intends to enhance that business through a series of additional strategic acquisitions.

Genesis Group Holdings, Inc. does not have significant operations at this time. The company was founded in 1999 and is based in New York, New York.

FinancialWire(tm) is committed to serving the financial community through true journalism and by providing relevant, reliable resources to investors.

Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate written by FIRST Research Consortium member-providers. Obtain reports by writing to research@investrend.com with “Report Request” in the subject line. Recent reports include Palm, Inc. (NASDAQ: PALM), Research In Motion Ltd. (NASDAQ: RIMM), Oracle Corp. (NASDAQ: ORCL), Novell, Inc. (NASDAQ: NOVL), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Autodesk, Inc. (NASDAQ: ADSK), Dell, Inc. (NASDAQ: DELL), Hewlett Packard Co. (NYSE: HPQ), NetApp, Inc. (NASDAQ: NTAP), Advanced Micro Devices, Inc. (NYSE: AMD), Intel Corp. (NASDAQ: INTC), Conexant Systems, Inc. (NASDAQ: CNXT), Monument Mining Ltd. (TSX Venture: MMY), Lovitt Resources Ltd. (TSX Venture: LRC), Lion Energy Corp. (TSX Venture: LEO), PMI Gold Corp. (TSX Venture: PMV), Western Copper Corp. (TSX: WRN), Coral Gold Resources Ltd. (TSX Venture: CLH), Great Plains Exploration, Inc. (TSX: GPX), Kalahari Resources, Inc. (TSX Venture: KLA), Enterprise Oilfield Group (TSX: E), Sultan Minerals, Inc. (TSX Venture: SUL), Blugrass Energy, Inc. (OTCBB: BLUG), Kodiak Energy, Inc. (OTCBB: KDKN), Tamm Oil & Gas, Inc. (OTCBB: TAMO), Carbon Friendly Solutions, Inc. (TSX Venture: CFQ), MIV Therapeutics, Inc. (OTCBB: MIVI), Crocs, Inc. (NASDAQ: CROX), GetFugu, Inc. (OTCBB: GFGU), SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), Advanced Visual Systems, Inc. (OTC: AVSC), Axion International Holdings, Inc. (OTCBB: AXIH), Bark Group, Inc. (OTCBB: BKPG), Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC), Brainstorm Cell Therapeutics, Inc. (OTCBB: BCLI), China Organic Agriculture, Inc. (OTCBB: CNOA), China Voice Holding Corp. (OTC: CHVC), Crystal International Travel Group, Inc. (OTC: CINT), Devine Entertainment Corp. (OTC: DVNNF), Document Capture Technologies, Inc. (OTCBB: DCMT), Duke Mining Co. (OTCBB: BXWD), Elephant Talk Communications OTCBB: ETAK), Guardian Technologies International, Inc. (OTCBB: GDTI), Home System Group (OTCBB: HYST), IceWEB, Inc. (OTCBB: IWEB), ID Watchdog, Inc. (TSX Venture: IDW) (OTC: IDWAF), Ideal Financial Solutions, Inc. (OTC: IFSL), and CelLynx Group, Inc. (OTCBB: CYNX).

Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). Recently issued reports and filings include Weatherford International Ltd. (NYSE: WFT), UQM Technologies, Inc. (AMEX: UQM), Panhandle Oil and Gas, Inc. (NYSE: PHX), Encore acquisition Company (NYSE: EAC), Altius Minerals Corp. (TSX: ALS), PKC Group Oyj (PLUS: PKC1V) and Standard Life Investments European Private Equity Trust PLC (LSE: SEP) (PLUS: SEP).

FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/). Recently webcast company presentations, financial results & earnings calls now available include Rick’s Cabaret International, Inc. (NASDAQ: RICK) and Applied Signal Technology, Inc. (NASDAQ: APSG). Recordings are accessible via the search function at http://infoescrow.net/f/?u=http://www.investorcalendar.com by entering any company’s ticker symbol into the search field.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.