NEW YORK, Jan. 26, 2005 (PRIMEZONE) -- Acies Corporation (OTCBB:ACIE), an emerging leader in payment processing and electronic banking services to small and medium size merchants across the United States, today announced the availability of its newest program -- "Sales Central" -- designed to provide enhanced responsiveness to its agents and Independent Sales Organizations (ISOs) and to improve sales efficiency.
Sales Central offers a single point of contact to the company's sales agents, representatives, managers, and ISO sales support functions to improve conversion rates and technology advisory functions, in order to reduce deployment time for merchants and to better troubleshoot merchant issues. The Sales Central offering will also assist the company's sales force with leasing, interchange, paperwork, and statement analysis.
"Our sales channels and marketing partners need to allocate as much of their time to developing new business for Acies as possible," said Oleg Firer, CEO of Acies. "Sales Central will aid our agents, representatives, and ISOs, and enable them to devote more time to developing relationships with merchants and advancing new revenue channels. The administrative load on a sales person is typically very high, especially in our business, where paperwork and technology integration require stringent attention. It does not make sense for our top producers to devote significant portions of their time to these activities when we have the personnel to handle these tasks. Sales Central should increase the speed and frequency of establishing new customers for Acies."
About Acies Corporation
Acies, Inc. ("Acies"), a wholly owned subsidiary of Acies Corporation (OTCBB:ACIE), is a financial services company that specializes in payment processing services 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.