Legends Business Group, Inc. Signs New Referral Agent Agreement With Mobile Application Services Provider
February 27 2009 - 1:43PM
Marketwired
Legends Business Group, Inc. (PINKSHEETS: LGBS) announced today it
has entered into a nonexclusive agent referral agreement with a
leading mobile applications and services provider.
Legends Business Group, Inc. will now provide its digital
content clients the opportunity to bill for goods and services
utilized on mobile devices, to their consumers' mobile phone bill.
"I am very pleased with the quality of our latest client offerings
and the continued development of business relationships with
leaders of the mobile applications and services industry," stated
Larry Powalisz, President and CEO of LGBS.
"Our goal is to deliver the high-quality support alternatives
that will grow with the businesses of our clients. Recent IT
developments in the mobile applications and payment processing
services industry allow leaders to utilize proprietary loss
prevention technology to maximize billing authorizations and
payment fulfillment levels. Our newly forged relationships within
the mobile applications and services industry will open significant
and largely untapped revenue streams for LGBS," continued
Powalisz.
Powalisz says, "A recent Nielson Mobile survey suggests that
wireless-only households have reached about 17 percent nationwide.
We believe that number will continue to grow. Mobile billing and
its recent improvements in risk-management measurements are quickly
evolving into a viable payment alternative for the Digital Content
Community."
"Sophisticated consumers are now demanding payment alternatives
for their digital content products and services. They want to be
billed on one monthly statement that is associated with the mobile
device the services were delivered on. A huge and previously
unexplored market for digital content services exists for products
and services that can be billed directly to a mobile delivery
device," said Larry Powalisz. Legends Business Group remains
focused on enhancing client products and services through delivery
and billing systems that benefit their sophisticated consumers.
About Legends Business Group, Inc.:
Legends Business Group, Inc. is a Pink Sheet 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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