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To: DR. MEADE who wrote (14599)	6/17/1999 11:25:00 AM
From: Daniel Miller	Respond to of 15987

PCBM NEWS!!! Pinnacle Business Management, Inc. Gets $5 Million Capital Package CLEARWATER, Fla., June 17 /PRNewswire/ -- Pinnacle Business Management, Inc. (OTC Bulletin Board: PCBM - news; pcbm.com) announced Thursday that they have received a Letter of Commitment from Primex Capital Inc. of Houston, Texas. The terms call for a one million dollar cash infusion and a first right of refusal option of four million dollars which expires at the end of this year. Further terms of the investment were not disclosed at this time. The funds will be applied to several areas of PCBM, including support services and infrastructure, in anticipation of greater than planned growth seen for Third Quarter 1999. ''Pinnacle Business Management, Inc. continues on its way to becoming a fully integrated provider of alternative consumer cash resources and major provider of E-Commerce transaction services. We continue to gain momentum daily,'' said Bruce Hall, President of Pinnacle Business Management, Inc. Eric Bauchman, a private investment banking and management consultant based in Mission Viejo, CA who specializes in working with small, high-growth companies, arranged the investment. ''This financial commitment empowers Pinnacle to achieve its market development and technical targets. Strong customer service, coupled with expert management is how PCBM controls corporate growth and maximizes gains in PCBM shareholder value,'' said Eric Bauchman. Pinnacle Business Management is in the business of advancing small loans until payday and lending money on motor vehicle titles (Title Loans), as well as cashing checks for the consumer public. Through the use of branded Pinnacle Cash Cards, and integrating E-Commerce and electronic funds tracking and transfer technology, Pinnacle will give new opportunities to those consumers who have been shut out of the economic and E-Commerce mainstream for various reasons. For more details on these and other PCBM activities, refer to the Press Releases at pcbm.com. For additional on-line investor information on PCBM go to: internetstockmarket.com. PCBM intends to file to become a reporting company by Second Quarter 1999, nine months before SEC deadlines take effect. PCBM intends to qualify for a Nasdaq Small Cap listing by the end of 1999. Growth plans will continue to be financed through public and private sources. Additional information is available through the company's web site or by calling the contact below. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. SOURCE: Pinnacle Business Management, Inc.