To: Cheesehead who wrote (2189 ) 6/21/2000 1:33:00 AM From: LORD ERNIE Read Replies (1) | Respond to of 2406
I don't hype it (I like it :-$))but al the shares are cheap for the moment and the last months it was a paradise for shorters :-$((( Why did nobody mentioned this news????? PCBM and SmartNexus to Launch Fast PayCheck Rewards Program; Pinnacle Smart Card to Offer FastRewards, Enabling Cardholders To Earn Points Redeemable for Electronic Coupons CLEAR WATER, Fla., Jun 15, 2000 (BUSINESS WIRE) -- Fast PayCheck Advance of Florida Inc., a wholly owned subsidiary of Pinnacle Business Management (OTCBB: PCBM), today announced FastRewards(SM), a new feature of its smart card program for Fast PayCheck customers. Participation in FastRewards is free and enables cardholders to earn one point for every dollar they spend online paying bills, making purchases and loading electronic cash to their smart cards through the new Fast PayCheck "home page" being jointly developed with SmartNexus, PCBM's smart card services provider. FastRewards will be offered to both "instant issue" and "full-service" cardholders at online, self-service kiosks and via cardholder PCs with Internet access, equipped with optional card readers. The cards will automatically link to the new Fast PayCheck "home page" being designed with smart card users in mind. There, the cardholders can register for the program, view FastRewards point balances, browse the coupon catalogue and barter points for other rewards offered by SmartNexus. FastRewards will also include electronic coupons for product and store discounts exclusively available to program participants as sponsored by local, regional and national retailers. Since the Fast PayCheck smart card is designed for individuals who are money conscious and exercise considerable care in their day-to-day spending choices, the FastRewards electronic coupon offerings are designed to reflect those interests. Retailers who are Chamber of Commerce members will have the advantage in making these rewards available, based upon the special relationships being built between the CityNexus business unit of SmartNexus and chambers across the country. "Announcement of the Fast PayCheck smart card has been extremely well received due to the enhanced benefits and services it offers to consumers, and the new revenue opportunities the card program makes available to Pinnacle. Smart cards will strengthen the good relationship Pinnacle already enjoys with its customers," said Bruce Hall, president of PCBM. "The option to get exclusive rewards for spending money from the smart cards will make ongoing use very appealing. This new feature is a strong example of how the Fast PayCheck smart card will become even more valuable over time." FastRewards points will be awarded and posted to a cardholder's account real-time. Monthly account statements will be viewable online and, at the cardholder's option, sent via e-mail. The FastRewards points that cardholders have earned are good for one year from the last day of the calendar year in which they were earned. The SmartNexus team of technology and service providers powers FastRewards. The rewards program was developed for special appeal to Fast PayCheck customers. For more information about SmartNexus, visit smartnexus.net or call 877-535-1033. About Pinnacle Business Management Inc. 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 the 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 news releases at pcbm.com . About SmartNexus, Inc. In January 2000, SmartNexus was formed by an experienced group of successful business leaders from a variety of industries that are moving to the use of smart cards. Their vision is to bring the flexibility, security, reliability and power of smart cards to America, through a shared card services infrastructure. SmartNexus is a product brand name and servicemark of SmartNexus, Inc. For more information, contact Cindy Abbott at (877) 535-1033 or log on tosmartnexus.net . Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements in this news 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 the 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: SmartNexus Inc. Cindy Abbott, 877/535-1033 or Pinnacle Business Management Cynthia Mandel, 954/973-3493 or The Pollack PR Marketing Group Noemi Pollack, 310/556-4443 npollack@ppmgcorp.com