Allegiant Professional Business Services Inc. Signs Strategic Partner Agreement Estimated to Generate Approximately $200 Million
16 Dezember 2009 - 2:30PM
PR Newswire (US)
Marlton, NJ December 16, 2009 Allegiant today announced it has
signed a strategic partner agreement estimated to add $200 Million
to Allegiant gross payroll. MARLTON, N.J., Dec. 16
/PRNewswire-FirstCall/ -- Allegiant Professional Business Services
Inc. (Pink Sheets: APRO) has signed a strategic partner agreement
with Amerisource Payroll Solutions LLC and its related companies.
APRO CEO David Goldberg estimates that the Amerisource business may
add $200 million in gross payroll over the next 12 months.
"Amerisource has a proven track record in the staffing and human
resources industry," Goldberg said. "We will offer Amerisource
clients our expertise in payrolling, workers compensation and
benefits." Allegiant Professional Business Services Inc. provides
financial services to small and medium-size businesses, relieving
our clients from many of the day-to-day tasks that negatively
impact their core business operations, such as payroll processing,
human resources support, workers' compensation insurance, safety
programs, employee benefits, and other administrative and
aftermarket services predominantly related to staffing -- staff
leasing, temporary staffing and co-employment. We not only provide
core services but a wide selection of employee and employer
benefits and aftermarket products. Safe Harbor: Statements in this
press release that are not historical facts are forward-looking
statements, including statements regarding future revenues and
sales projections, plans for future financing, the ability to meet
operational milestones, marketing arrangements and plans, and
shipments to and regulatory approvals in international markets.
Such statements reflect management's current views, are based on
certain assumptions and involve risks and uncertainties. Actual
results, events, or performance may differ materially from the
above forward-looking statements due to a number of important
factors, and will be dependent upon a variety of factors,
including, but not limited to, our ability to obtain additional
financing that will allow us to continue our current and future
operations and whether demand for our products and services in
domestic and international markets will continue to expand. The
Company undertakes no obligation to publicly update these
forward-looking statements to reflect events or circumstances that
occur after the date hereof or to reflect any change in the
Company's expectations with regard to these forward-looking
statements or the occurrence of unanticipated events. Factors that
may impact the Company's success are more fully disclosed in the
Company's most recent public filings with the U.S. Securities and
Exchange Commission ("SEC"), including its annual report on Form
10-K for the year ended Sept. 30, 2007, and its subsequent filings
with the SEC. DATASOURCE: Allegiant Professional Business Services
Inc. CONTACT: Norman Tipton, +1-858-798-1636, for Allegiant
Professional Business Services Inc.
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