Attached files
| file | filename |
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| 8-K - ALLEGIANT FORM 8-K AMERISOURCE 12-16-09 - Allegiant Professional Business Services, Inc. | allegiantform8kamerisource.htm |
Exhibit
99.1
ALLEGIANT
PROFESSIONAL BUSINESS SERVICES INC.
PRESS
RELEASE
FOR
IMMEDIATE RELEASE
CONTACT: NORMAN
TIPTON
858 798 1636
ALLEGIANT
PROFESSIONAL BUSINESS SERVICES INC SIGNS STRATEGIC PARTNER AGREEMENT ESTIMATED
TO GENERATE APPROXIMATLY $200 MILLION IN GROSS PAYROLL.
Marlton,
NJ December 16, 2009 Allegiant today announced it has signed a strategic partner
agreement estimated to add $200 Million to Allegiant gross payroll.
December
16 /PRNewswire-FirstCall/ Allegiant Professional Business Services Inc.
(Pinksheets: 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.