To: Jim B who wrote (14125 ) 8/19/1999 10:18:00 AM From: 2MAR$ Read Replies (1) | Respond to of 108040
(PR NEWSWIRE) Pinnacle Business Management, Inc. Finalizes Cash Cards (www Pinnacle Business Management, Inc. Finalizes Cash Cards (www.pcbm.com) CLEARWATER, Fla., Aug. 19 /PRNewswire/ -- Pinnacle Business Management, Inc. (OTC Bulletin Board: PCBM), an integrated consumer finance and e-commerce company, announced that an agreement with a national financial services company has been finalized. The Pinnacle Cash Card, the result of this agreement, will enable both Pinnacle clients and the general public to use the Pinnacle Cash Card in over 750,000 ATM cash machines and retail stores worldwide. By walking into any authorized Pinnacle location, customers can acquire a cash card, or fill an existing card in the possession of anyone anywhere in the world, with cash. The cardholder can immediately use this "Plastic Wallet" at their convenience. By using the Pinnacle Cash Card instead of checks or cash, Pinnacle paycheck advance locations do not have to maintain an unnecessarily large cash inventory, which directly addresses security and store safety considerations. Jeff Turino, the CEO stated: "This strategic agreement, along with a recently announced strategic agreement which will bring the number of Pinnacle outlets to over 2,000 locations, positions PCBM into the action phase of its plan to create a major chain of consumer finance service locations throughout North America." Turino added: "Our plan has always been to position PCBM to the public as THE local consumer financial service outlet in North America and we are now ready to stand and deliver. Full details about these and other exciting PCBM developments will be released very soon." Pinnacle Business Management is in the business of advancing small loans until payday and lending money on motor vehicle titles (Title Loans). 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 become the premier facilitator of cash transactions accessed or found through Internet portals, such as Yahoo, Excite, or Infoseek and shopping networks such as Amazon, E-Bay, Dell Computer Corp., Ticketmaster Online, Bid.com Inc., Onsale Inc., Ubid Inc. or USA Network Inc.'s Home Shopping Network. 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. Contact: Peter Reinholt of Pinnacle Business Management, Inc., 949-830-1112. SOURCE Pinnacle Business Management, Inc. -0- 08/19/99 /CONTACT: Peter Reinholt of Pinnacle Business Management, Inc., 949-830-1112/ /Web site: pcbm.com internetstockmarket.com (PCBM) CO: Pinnacle Business Management, Inc. ST: Florida IN: FIN MLM SU: *** end of story **