Private Business (NASDAQ:PBIZ)
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From Jun 2019 to Jun 2024
Private Business, Inc. (NASDAQ: PBIZ), a leading
provider of financial technology to community banks and middle-market
businesses, today announced that it has signed a joint marketing
agreement with Profit Technologies Corporation ("PTC"), which provides
a broad range of profitability and performance improvement solutions
that focus on enhancing revenue and reducing expenses for financial
institutions. Under the agreement, PBiz and PTC will work together to
refer financial institution clients to each other.
Henry Baroco, Chief Executive Officer of PBiz, said, "We believe
that our financial institution clients can greatly benefit from PTC's
revenue enhancement strategies, and the referral of potential
financial institution clients from PTC will help our product
distribution. This is expected to be a good opportunity for us to
enhance our relationships with existing customers and to attract new
business."
"Working with our banking clients to improve their profitability
creates a very close bond," added Cliff McKee, Vice Chairman of PTC.
"So our clients often come to us for additional advice. We're
delighted to add PBiz's services to those we can recommend with the
confidence of knowing they will make a strong impact for our clients."
About Profit Technologies Corporation
Profit Technologies Corporation (PTC), established in 1973, is an
international earnings enhancement firm providing specialized
profitability and performance improvement solutions to enterprises
worldwide. PTC conducts Revenue Enhancement and Cost Management
reviews that enhance earnings for PTC's Clients and their
shareholders, typically on a benefit-sharing, risk-free basis.
Headquartered in North Carolina, PTC also maintains offices throughout
the United States, Europe, Australia, and South America. In PTC's
30-year history, PTC has successfully performed hundreds of consulting
engagements around the world, producing over $12 billion in revenue,
cost recovery and cost reduction benefits for PTC's Clients. For more
information, visit the company's Web site at www.profit-tech.com or
call (866) 261-6226.
About PBiz
Private Business, Inc. (PBiz) is a leading supplier of financial
technology to community banks and middle-market businesses. The
Company is headquartered in Brentwood, Tennessee, and its common stock
trades on The Nasdaq Stock Market under the symbol PBIZ.
Certain statements made in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on management's current expectations and include
known and unknown risks, uncertainties and other factors, many of
which the company is unable to predict or control, that may cause the
company's actual results or performance to materially differ from any
future results or performance expressed or implied by such
forward-looking statements. These statements involve risks and
uncertainties, including, without limitation, risks and uncertainties
associated with the company's ability to achieve its growth plans and
to identify or complete acquisitions. These risks and uncertainties
are in addition to other factors detailed from time to time in the
company's filings with the Securities and Exchange Commission. The
company cautions investors that any forward-looking statements made by
the company are not necessarily indicative of future performance. The
company is not responsible for updating the information contained in
this press release beyond the published date, or for changes made to
this document by wire services or Internet services.
Additional information on this Company can be found on the World
Wide Web http://www.pbizinc.com.