Consumers Financial Corporation, Inc. Gears Up for Future Growth
28 August 2009 - 11:37PM
PR Newswire (US)
FORT WAYNE, Ind., Aug. 28 /PRNewswire-FirstCall/ -- Consumers
Financial Corporation, Inc. (OTC:CNSF) is pleased to announce that
the Company has approved plans that will alter the previous
business model of the Corporation and broaden its revenue
opportunities. The Company will now focus on developing and
acquiring new technologies, while continuing to assess its
Electronic Personal Vault (EPV) products and services. To grow more
quickly, the Company has started the process of targeting leading
edge technologies in asset and vehicle tracking systems which are
both revenue producing and profitable. The Company is working with
consultants to search for technologies that meet its criteria. The
consultants will perform thorough due diligence, evaluating the
acquisitions of both companies and technologies as part of
Consumers Financial's growth strategy. "I look forward to helping
bring Consumer Financial Corporation to the next level and mergers
and acquisitions will play an important part in creating revenue
growth and profitability. Our number one goal is to bring
shareholders real value for their investment," stated David Dalton,
Chairman and CEO of Consumers Financial Corporation, Inc. About
Consumers Financial Corporation, Inc.: Consumers Financial
Corporation is a company that is focused on developing and
marketing leading edge technologies. The Company also manages
operations of Electronic Personal Vault (EPV) services that it
entered into in 2007. The EPV is an online service to address the
need for a convenient, yet secure and safe method, to manage and
store identification and personal documents electronically. The EPV
is an intuitive, powerful system where customers can transfer and
store original formatted documents and digital images. Safe Harbor
Act: This release includes forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 that involves risks and uncertainties including,
but not limited to, the impact of competitive products, the ability
to meet customer demand, the ability to manage growth, acquisitions
of technology, equipment, or human resources, the effect of
economic business conditions, and the ability to attract and retain
skilled personnel. The Company is not obligated to revise or update
any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
DATASOURCE: Consumers Financial Corporation CONTACT: Investor
Relations, +1-407-389-5900 Web Site: http://www.consumersfc.net/
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