Allegiant Professional Business Services Inc. Announces Corporate Office Relocation and Change of Year End
04 6월 2009 - 5:00AM
PR Newswire (US)
MARLTON, N.J., June 3, 2009, Corporate offices relocated and
company's year-end changed. MARLTON, N.J., June 3
/PRNewswire-FirstCall/ -- Allegiant Professional Business Services
Inc. (Pink Sheets: APRO) is pleased to announce the relocation of
its corporate offices to Marlton, New Jersey. CEO David Goldberg
said the office is fully staffed and ready to accommodate the
anticipated increased revenues and expansion of the company's east
coast operations. Goldberg said, "We have recruited a top-quality
staff on the east to complement our existing west coast operation."
Goldberg continued, "Under the direction of Colin Niven Bonar, our
newly appointed COO, I am confident the transition, consolidating
the company's financial and payroll operations, will be seamless
and more efficient." Additionally on April 1, 2009, the Company's
Board of Directors approved a change in the Company's fiscal year
from September 30 to December 31. This change is effective for the
2009 fiscal year, which would have otherwise ended September 30,
2009 and will now end on December 31, 2008. The Company will file a
transitional annual report on Form 10-K for the three month period
ended December 31, 2008, more in keeping with year-end payroll
filings. Niven Bonar, COO, said, "I am delighted with the
consolidation of operations and year-end change, as this will
result in ease of the accounting process enabling the company to
prepare our financial filings in a timely and orderly fashion,
while the new year-end will be in line with payroll periods. I am
also very pleased to report that our revenues continue to grow. The
September 30 quarterly results are anticipated to show a 24%
increase in revenue over our June quarter." 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 of
Allegiant Professional Business Services Inc., +1-858-798-1636
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