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Microcap & Penny Stocks : PCBM - MASSIVE EXPANSION IN A 2 BILLION DOLLAR INDUSTRY -- Ignore unavailable to you. Want to Upgrade?


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 to
smartnexus.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