American Seniors Association Holding Group, Inc. Announces Consummation of Strategic Alliance With 60 Plus Association, Inc.
September 28 2010 - 12:03PM
Marketwired
American Seniors Association Holding Group, Inc. (PINKSHEETS: AMSA)
announces the consummation of the Royalty Licensing Agreement
announced September 21st between American Seniors Holding Group,
Inc., (the "Company") and 60 Plus Association, Inc. Per the
agreement, the over 5 million member households of 60 Plus will
immediately become members of the Company's American Seniors
Association, spiking its membership to approximately 10,000,000
members.
Stuart Barton, AMSA's President, added, "When we combine our
current membership revenues with those anticipated from the
membership of 60 Plus, resulting from their membership taking
advantage of our member programs and services, AMSA's overall
revenues should increase dramatically. Even though this undertaking
presents some additional investment on our part, the Company's
overall gain should more than offset by many times this increase in
expenditures. This strategic alliance with 60 Plus begins a very
exciting growth phase for us and all shareholders of AMSA."
Please email info@americanseniors.org or call 1-800-951-0017 to
speak with an ASA representative about any questions or comments
you may have regarding the strategic alliance between the American
Seniors Association and 60 Plus Association, Inc.
About 60 Plus 60 Plus Association was
founded in 1992, and is a non-partisan seniors' advocacy group that
takes a free-enterprise, less government, less taxes approach to
senior issues. 60 Plus places saving Social Security, as well as
ending the federal estate tax as its top priorities. Finally, as
mentioned briefly, 60 Plus Association's leadership consists of Jim
Martin, Chairman, Amy Noone-Frederick, President, and Pat Boone,
National Spokesman.
About American Seniors Association Holding
Group, Inc.
American Seniors Association Holding Group, Inc., based in
Atlanta, Georgia, operates under the trade name of the American
Seniors Association. The American Seniors Association is a
conservative oriented membership organization that offers
discounted products and services to its members throughout the
United States. These services and products are offered by national
and global partners such as CVS Pharmacy, Liberty Mutual Insurance,
Bankers Fidelity, Hertz and Penske among others. Please visit
www.americanseniors.org for additional information or to become a
member.
The Company also has two wholly-owned subsidiaries, Kiosk Food
Solutions, Inc. and Eddy Chan's Inc., which it has previously
announced will be spun off via a share distribution per the merger
agreement with ASF Group, Inc.
Safe Harbor Statement Certain statements
set forth in this press release constitute "forward-looking
statements." Forward-looking statements include, without
limitation, any statement that may predict, forecast, indicate, or
imply future results, performance or achievements, and may contain
the words "estimate", "project", "intend", "forecast",
"anticipate", "plan", "planning", "expect", "believe", "will
likely", "should", "could", "would", "may" or words or expressions
of similar meaning. Such statements are not guarantees of future
performance and are subject to risks and uncertainties that could
cause the company's actual results and financial position to differ
materially from those included within the forward-looking
statements. Forward-looking statements involve risks and
uncertainties, including those relating to the Company's ability to
grow its business. Actual results may differ materially from the
results predicted and reported results should not be considered as
an indication of future performance. The potential risks and
uncertainties include, among others, the Company's limited
operating history, the limited financial resources, domestic or
global economic conditions -- activities of competitors and the
presence of new or additional competition and conditions of equity
markets.
Contact: American Seniors Association 800-951-0017
info@americanseniors.org
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