NEW YORK, Nov. 17, 2004 (PRIMEZONE) -- Atlantic Synergy, Inc. (OTCBB:ASGY) announced today that it has formally changed its name to Acies Corporation ("Company"). The Company's ticker symbol will change to ACIE, which will become effective November 18, 2004.
The Company's new name reflects a shift in business focus. This shift in business focus was announced on 07/02/04. The Company now provides payment processing and online banking services to small, medium and large size merchants across the United States. Acies' payment processing services enable merchants to process Credit, Debit, Electronic Benefit Transfer (EBT), Check Conversion and Gift & Loyalty transactions. Acies' also offers traditional and next generation point-of-sale ("POS") terminals, which enable merchants to utilize Acies' payment processing services. Acies' banking services offer customers traditional banking services, ability for customers to apply for an on-line bank account and pay bills electronically.
For more information visit http://www.aciesinc.com/.
Forward-looking Statements
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.