(OTC: APRO) Payroll Funds to Increase by $200 Million
December 17 2009 - 6:30AM
Marketwired
Allegiant Professional Business Services Inc. (PINKSHEETS: APRO)
has signed a strategic partnership with Amerisource Payroll
Solutions LLC. The partnership is estimated to bring over $200
million in added payroll funds.
As more American businesses look to cut costs, outsourcing more
of the non-core functions is a benefit realized right away in saved
manpower, time, and money. By outsourcing, a business can control
capital costs by allowing the outsourcing company to absorb
technology fees, training, and maintenance of paperwork.
It is estimated that over 145 million people in the United
States receive direct deposit from a payroll service company. This
leaves plenty of room for Allegiant to gain a foothold in the
market and cross-selling it's other popular services to its payroll
clients.
To view more about Allegiant, please
www.smallcapsociety.com/apro.php.
Other active stocks are Paychex Inc (NASDAQ: PAYX), Heartland
Payment Systems (NYSE: HPY) and Sew Cal Logo (PINKSHEETS:
SEWC).
Information, opinions and analysis contained herein are based on
sources believed to be reliable, but no representation, expressed
or implied, is made as to its accuracy, completeness or
correctness. The opinions contained herein reflect our current
judgment and are subject to change without notice. We accept no
liability for any losses arising from an investor's reliance on or
use of this report. This report is for information purposes only,
and is neither a solicitation to buy nor an offer to sell
securities. A third party has hired and paid IO News Wire twelve
hundred and ninety five dollars for the publication and circulation
of this news release. Certain information included herein is
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995, including, but not limited to,
statements concerning manufacturing, marketing, growth, and
expansion. Such forward-looking information involves important
risks and uncertainties that could affect actual results and cause
them to differ materially from expectations expressed herein. We
have no ownership of equity, no representation; do no trading of
any kind and send no faxes or emails.
Contact: Eric Jensen www.ionewswire.com 516.942.4910
Allegiant Professional B... (CE) (USOTC:APRO)
Historical Stock Chart
From Nov 2024 to Dec 2024
Allegiant Professional B... (CE) (USOTC:APRO)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Allegiant Professional Business Services Inc (CE) (OTCMarkets): 0 recent articles
More IO News Wire News Articles