JC Data Solutions Witnesses an Increase in Transactions for Their Payment Manager Services
DALLAS, TX - (NewMediaWire) - January 26, 2015 - JC Data Solutions' (OTC PINK: JCDS), a provider of innovative and cost-effective solutions for digital data processing and management focusing on the Oil & Gas, Legal and Healthcare industries, recognizes results from sales concentration on their Payment Manager services.
With Payment Manager JCDS has already seen an increase of 59% in the last six months in payment transactions over the previous six months.
Payment Manager (PM), designed by JCDS especially for the Oil & Gas Industry, is the complete service that provides for the seamless distribution, delivery and archival of payments and statements to interest/royalty owners and vendors through ACH/EFT, printed and mailed checks and posted documents to the web.
The distribution and online document access has increased by 67% over the previous six months confirming the JCDS Payment Manager clients have realized the great service this online access provides to their interest/royalty owners and vendors.
In their ongoing effort of delivering the best security for these transactions, JCDS formed a new company in June 2014, JC Data Escrow Co, to act as fiduciary between JC Data Solutions and their Payment Manager clients.
And the move into a new suite of offices back in July has given JCDS the room for personnel and equipment to manage the increased PM activity.
"The Payment Manager sales force, added back in June 2014, is producing positive results," says Cary Allen, CEO of JCDS, "and plans are in place, such as increased attendance at industry conferences, to continue the push to generate sales on the Payment Manager services. We are also actively working on removing the Caveat Emptor from OTC Pink, so we can move forward for our shareholders."
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.
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Source: JC Data Solutions, Inc.