Perla Group Intl (PERL) Target Upgraded to 0.10c to 0.15c per share

Thus, if the Company has already generated around $11.25 million in new purchase orders, that would equate to around $1.4 million in potential net income profit. With only around 224 million shares issued and outstanding, that would come out to roughly a $0.006 EPS for the company currently, on a general estimate.

If you give PERL a PE of say 10 to 15, which is still considered conservative for a fast growing small cap company, that would come out to a current valuation of around $0.06 to $0.09 per share, as of right now.

2012 Revenue and EPS Projection

With a potential merger for their aviation division projected to bring in an additional $6 million in sales revenue, and additional contracts coming in for the rest of the year, the company could be on track to report total revenues for fiscal 2012 in the range of $15 million, and this being very conservative.

If we use the same formula as we have for projecting its current valuation, then 20% of $15 million comes out to potential $3 million in net income profit. If we based this on say 300 million outstanding to take into account any future dilution in 2012, we come out with a rough EPS projection of around $0.01 per share. On a conservative PE of 10 to 15, that would give PERL an estimated target for 2012 in the range of $0.10 to $0.15 per share.

Given these new contracts, and basic fundamentals, Ludlow Research has issued a current short-term price target on PERL of $0.05 to $0.06 per share, with a longer-term target of $0.10 to $0.15 per share for the coming months.

PERL is currently trading at $0.02 per share

The company is targeting to be OTC Current within the next week. New contracts/revenue updates will be released shortly.

About Perla Group International

Perla Group International is an emerging leader in the international military, police and security solutions sectors. It was established with the vision to become the industry's leading turnkey solutions developer and services provider. Perla Group's success is built on a combination of the trust, backing and support of top industry specialists and a talented team's unwavering commitment to service excellence. Perla Group International was founded in 2007 by D'Alberto, after having established himself in the market with a reputation of being first to market with innovative, "best of breed" products and services. Perla International Group is headquartered in Ft. Lauderdale, Florida with regional offices in Dubai, UAE, and Kabul, Afghanistan. Although the Company's divisions operate independently they work together quite often and cross pollinate as customers of one division are quick to take advantage of products. With its four divisions; Perla Telecoms, Perla Aviation, Perla Armored Cars and Perla K-9 Services, it places Perla Group in a unique position to service many of its existing clients with multiple value added services and thereby attract key new clients.

Email info@perlagrp .com or visit www.perlagrp.com

"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. The statements in the Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements.

Contact:

Perla Group International Inc.
Phone: 954-903-1966
Email: info@perlagrp.com

SOURCE Perla Group International Inc.