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Pastimes : The OTCBB Garbage Dump -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (2407)	9/23/1999 11:03:00 AM
From: MoonDog	Respond to of 2942

PCBM News (COMTEX) B: PINNACLE BUSINESS MANAGEMENT REACHES AGREEMENT WITH MAIL B: PINNACLE BUSINESS MANAGEMENT REACHES AGREEMENT WITH MAIL BOXES ETC. CLEARWATER, Fla 0, 1999 /PRNewswire via COMTEX/ -- Pinnacle Business Management, Inc. (OTC Bulletin Board: PCBM) and Fast PayCheck Advances, Inc.(a wholly owned subsidiary of Pinnacle) today announced an agreement with Mail Boxes Etc.(MBE), the world's largest franchiser of retail business, communication and postal service centers, to facilitate "payday advances" through participating MBE locations in Florida. Through the use of Pinnacle's toll-free number, PCBM's customer service representatives will direct customers into participating MBE locations for an application to receive payday advances. The MBE location will facilitate the process by faxing completed application forms to PCBM customer service representatives for their review. Upon approval from PCBM, the MBE location will give customers "Pinnacle Cash Cards" (a blank ATM card) usable at most ATM locations. To receive the cash advance, customers must call PCBM to activate the ATM card. Bruce Hall president of Pinnacle Business Management said, "The management of Pinnacle is very excited about this new association with a national presence such as Mail Boxes Etc. Use of existing MBE facilities and support personnel gives the Company a very cost-effective growth vehicle. By eliminating the costs associated with leasing and stand-alone offices, Pinnacle believes it can enhance its profit margins. This move enforces Pinnacle's focus as an exciting and expanding e-commerce services provider." MBE and Pinnacle expect to offer this program to participating MBE locations in those states in which Fast PayCheck Advances is authorized to do business by the end of the year. About Pinnacle Business Management Pinnacle Business Management is in the business of advancing small loans until payday through their wholly owned subsidiary, Fast PayCheck Advances, Inc. and lending money on motor vehicle titles (Title Loans) through their wholly owned subsidiary Fast Title Loans, Inc. 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 . About Mail Boxes Etc. Mail Boxes Etc., a wholly owned subsidiary of US Office Products Company (Nasdaq: OFIS), is the world's largest franchiser of retail business, communication and postal service centers. There are more than 4,000 MBE locations operating worldwide, with master licensing agreements in place for the development of the MBE business in 60 countries around the world. In the United States, MBE centers are owned and operated by licensed franchisees of Mail Boxes Etc. USA, Inc. Outside the United States, MBE centers are owned and operated by MBE master licensees or their franchisees. MBE maintains a Web site at mbe.com . About US Office Products Company US Office Products is one of North America's leading providers of office supplies and coffee, office furniture and vending services. In addition to Mail Boxes Etc., USOP owns Blue Star Group Limited, a leading supplier of office products and business services in New Zealand and Australia. In addition, USOP owns a 40% interest in Dudley Stationary Limited, the second largest contract stationer in the United Kingdom. USOP's Web site can be found at www.usop.com . Safe Harbor for Forward-Looking Statements: Except for historical information contained herein 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 (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Don or Cynthia Mandel, both of Mandel Consulting, 954-973-3493, or don_mandel@yahoo.com, for Pinnacle Business Management; or Alfonso Vilches, 858-597-8547, for Mail Boxes Etc. /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 122170 WEB PAGE: pcbm.com GEOGRAPHY: Florida INDUSTRY CODE: FIN REA SUBJECT CODE: PDT OTC * end of story *