Legends Business Group, Inc. Announces Significant Gains in Beta Testing of Credit Card Platform and ACH Payment Alternatives
November 24 2008 - 8:30AM
Marketwired
Legends Business Group, Inc. (OTCBB: LGBS) announced today that it
has made significant gains in the testing of its credit card
platform and is conducting beta testing of the program, which will
soon include Automated Clearing House (ACH) payment alternatives.
ACH payment alternatives create the ability to pay reoccurring
monthly charges directly from checking and or savings accounts.
"ACH emerged as LGBS recognized yet another unmet need in the
market place for more payment options. Direct marketing
organizations have to be niche focused in order to succeed but they
also need to offer a full range of payment solutions to compete,"
stated Larry Powalisz, CEO and President of Legends Business Group,
Inc.
The testing is being conducted in conjunction with one of LGBS'
largest client companies. The test company is a provider of
Identity Theft Protection Services to individuals throughout the
United States and already utilizes several methods of online
marketing and alternative billing. The testing is to assess whether
the platform will reach its target audience and perform acceptably
to its users.
"As a company grows in size and complexity, so must grow the
infrastructure. Every company and every product must have a target
audience. If the company and its products don't reach their target
audience, they're worthless. Our beta testing will assess the
strengths and weaknesses of our platform and provide the best
possible product to our client companies for their targeted
audience, the end users," continued Powalisz.
About Legends Business Group, Inc.:
Legends Business Group, Inc. is an Over the Counter Bulletin
Board stock which trades under the symbol LGBS. To obtain
additional information about Legends Business Group, Inc., please
visit the Company's website, which may be found at:
www.lbgi.net.
This press release contains statements that are
"forward-looking," and involve a number of risks and uncertainties.
Statements that are not historical facts are considered
forward-looking statements, and are subject to Safe Harbor
provisions as defined in the United States Private Securities
Litigation Reform Act of 1995 Company results and performance may
be materially different from future results, strategies, plans or
goals expressed or implied by any forward looking statements made
herein. The Company disclaims any obligation to update or revise
any forward-looking statements.
Contact: Legends Business Group, Inc. Larry Powalisz
407-263-4029 inquiries@lbgi.net
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