DALLAS, TX - (NewMediaWire) - January 26, 2015 - JC Data
Solutions' (OTC PINK: JCDS), a provider of innovative and
cost-effective solutions for digital data processing and management
focusing on the Oil & Gas, Legal and Healthcare industries,
recognizes results from sales concentration on their Payment
Manager services.
With Payment Manager JCDS has already seen an increase of 59% in
the last six months in payment transactions over the previous six
months.
Payment Manager (PM), designed by JCDS especially for the Oil
& Gas Industry, is the complete service that provides for the
seamless distribution, delivery and archival of payments and
statements to interest/royalty owners and vendors through ACH/EFT,
printed and mailed checks and posted documents to the web.
The distribution and online document access has increased by 67%
over the previous six months confirming the JCDS Payment Manager
clients have realized the great service this online access provides
to their interest/royalty owners and vendors.
In their ongoing effort of delivering the best security for
these transactions, JCDS formed a new company in June 2014, JC Data
Escrow Co, to act as fiduciary between JC Data Solutions and their
Payment Manager clients.
And the move into a new suite of offices back in July has given
JCDS the room for personnel and equipment to manage the increased
PM activity.
"The Payment Manager sales force, added back in June 2014, is
producing positive results," says Cary Allen, CEO of JCDS, "and
plans are in place, such as increased attendance at industry
conferences, to continue the push to generate sales on the Payment
Manager services. We are also actively working on removing the
Caveat Emptor from OTC Pink, so we can move forward for our
shareholders."
Forward-Looking Statements
This press release contains "forward-looking statements," within
the meaning of the Private Securities Litigation Reform Act of
1995. Statements in this release that are "forward-looking
statements" are based on current expectations and assumptions that
are subject to known and unknown risks, uncertainties or other
factors which may cause actual results, performance or achievements
of the Company to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. Actual results could differ materially
because of factors such as: the effect of general economic and
market conditions, entry into markets with vigorous competition,
market acceptance of new products and services, continued
acceptance of existing products and services, technological shifts,
and delays in product development and related product release
schedules, any of which may cause revenues and income to fall short
of anticipated levels.
All information in this release is as of the date of this
release.
Source: JC Data Solutions, Inc.