Teri,
Check ATLB - I announced this to the thread last week... looks like an NTBK clone... same jack rabbit jumps at this stage.
BusinessWire, Friday, April 09, 1999 at 11:38
MOBERLY, Mo.--(BUSINESS WIRE)--April 9, 1999--Dolphin Capital,
the leasing subsidiary of Atlantic Bank (NASDAQ:ATLB) presented
Powerlease(tm)(1), a proprietary internet-based lease origination
program, at the 1999 Converging Technologies Conference of the
Business Technology Association ("BTA") held this week in Las Vegas,
Nevada.
Dolphin Capital originates small-ticket equipment leases for
copiers, computers and other equipment through a national network of
vendors and dealers.
Using Powerlease, a lease application is submitted via the
Internet from the point of sale to Dolphin's offices in Moberly,
Missouri. Promptly upon receipt, the application is credit-scored,
and if approved, lease documentation is electronically prepared,
transmitted via the Internet, and printed at the point of sale
location for execution by the customer. The entire transaction can be
completed in a matter of minutes!
"Vendors and dealers will find Powerlease to be a very effective
sales tool," said Jim Kyrios, President of Dolphin Capital. "The
Internet application makes it easy and cost efficient to install, even
for multiple-store operations. Powerlease is an attractive alternative
for those vendors and dealers who seek a fast response lease finance
program."
Earlier this week, Dolphin Capital's parent, Atlantic Bank,
announced its planned entry into online banking through an internet
banking services agreement with nFront, Inc.(tm)
Atlantic Bank is a Massachusetts chartered, FDIC insured trust
company headquartered in Boston, Massachusetts. Dolphin Capital
conducts its national dealer-based equipment leasing business from
offices in Moberly, Missouri.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. As a
result of a number of factors, including factors that Atlantic Bank
may not currently foresee, Atlantic Bank's actual results could differ
materially from those set forth in the forward looking statements.
Please refer to Atlantic Bank's periodic filings with the Federal
Deposit Insurance Corporation for a more complete discussion of these
factors.
(1) Powerlease(tm) is a trademark of Dolphin Capital.
SF |
