SOURCE: JC Data Solutions, Inc.
April 15, 2008 09:00 ET
JC Data Solutions' Company Update
IRVING, TX--(Marketwire - April 15, 2008) - JC Data Solutions, Inc. (PINKSHEETS: JCDS)
provides comprehensive, innovative and cost-effective solutions for digital
data processing and management. All of the products distributed by JC Data
Solutions are designed to improve efficiencies within an organization as
well as provide a quick return on investment.
JCDS has experienced an encouraging first quarter for 2008. Expected
gains have been achieved increasing clients and resellers for their various
products.
The ACH Generator, the turn-key electronic funds transfer program for the
Oil and Gas Industry, has seen an increase in clientele bringing the
monthly amount of funds transferred to over one million dollars. The
marketing push and added reseller has developed a number of highly
interested prospects that the company hopes to close in the next few
months.
Popularity remains high for the Medical Forms Generator program. This
proprietary software takes the multitude of forms used by the medical field
and allows preparation of patient documents in a fraction of the time.
Several surgery centers in Texas and Oregon, Okalahoma and Colorado have
utilized this program recognizing the manpower and costs savings. Marketing
efforts are increasing to continue the boost in sales for this product
along with the EOB (explanation of benefits) Tracker and the Medical
Schedule Generator.
Client satisfaction has been reported by Fulbright & Jaworski, a
full-service international law firm, for the Attorney Marketing software.
The Firm has been using this program designed to collect valuable
information regarding staff attorneys in four ways: "WHO KNOWS WHO";
"AFFILIATION"; "CLIENT PROSPECT" and "REQUISITION TRACKER" for two years
and is very pleased with the information it provides. JCDS has highlighted
this product in their reseller training program to increase sales.
Our efforts to become Pink Sheet current are continuing along with other
efforts to begin a two year audit. A specific date has not been decided on
but we are looking into starting the audit late in the second quarter 2008.
Completing these two tasks will put us on the path to moving to the next
level on the OTCBB and will help alleviate the apparent shorting that
continues to take place.
"As always we appreciate all of those individuals that have stuck with us
during the recent ups and downs of the stock price but urge continued
patience while we continue our efforts to become compliant," says Cary
Allen, CEO.
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.