Acies Corporation
Appoints Marc Beauchamp, Well Known Author and Consultant on
Merchant Services and Transaction Processing, as Its Director of
Business Development
NEW YORK, March 7, 2005 (PRIMEZONE) – Acies Corporation (OTCBB:
ACIE), an emerging leader in payment processing and electronic
banking services to small and medium size merchants across the
United States, announced today the appointment of Marc Beauchamp
as Director of Business Development, Beauchamp is a nationally
known author, columnist and consultant to the merchant services
and transaction processing industry.
“I’m extremely excited about the opportunity to help a strong
and growing company like Acies take its business to the next
level,” said Beauchamp, who is co-author of the merchant
services industry guidebook “How To Survive and Thrive in the
Merchant Services Industry.”
Beauchamp also writes a monthly column for Transaction World
Magazine (www.transactionworld.net), and publishes a monthly
newsletter targeting the transaction processing industry.
Beauchamp has more than 17 years’ experience in sales, training
and marketing in various roles. In addition to merchant
services, he has sold payroll systems, human resource management
solutions, contact management software and an array of financial
and insurance products.
Having hired and trained several thousand merchant services
professionals, at one point in his career Beauchamp managed a
full time outside sales force of 80 representatives, an inside
sales force of 25, and an office staff of 8, with national
offices in most major cities in the United States.
In the last three years, he has provided consulting and training
for more than 2,000 bankcard sales representatives. As a speaker
and participant in numerous national sales conventions and
events for some of the largest bankcard processors in the
country, Beauchamp is uniquely aware of the challenges facing
field sales representatives, sales managers, issuers, acquirers
and ISOs.
He also is the founder of Performance Training Systems, a
company dedicated to providing cutting edge tools, education and
consulting services to give customers a true competitive
advantage in the merchant services industry.
“Our ability to recruit Marc Beauchamp to join our growing
management team is a huge win for Acies Corporation and its
promising future,” said Acies President & CEO Oleg Firer.
“Marc’s reputation precedes him, and we are so fortunate that he
brings to his new responsibilities the skill to greatly empower
both our existing sales force as well as our current and
potential merchant customers. Marc’s ability to have succeeded
at so many merchant and transactional levels will provide our
company and our customers a blueprint for future success.”
About Acies Corporation
Acies, Inc. ("Acies''), a wholly owned subsidiary of Acies
Corporation (OTCBB: ACIE), is a financial services company that
specializes in payment processing services and online banking
services to small, medium, and large-size merchants across the
United States. Acies' payment processing services enable
merchants to process Credit, Debit, Electronic Benefit Transfer
(EBT), Check Conversion, and Gift & Loyalty transactions. Acies
also offers traditional and next-generation point-of-sale (POS)
terminals, which enable merchants to utilize Acies' payment
processing services. Acies' banking services offer customers
traditional banking services, ability for customers to apply for
an on-line bank account and pay bills electronically.
For more information, visit http://www.aciesinc.com.
Forward-looking Statements
"Safe Harbor'' Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains or may contain
forward-looking statements such as statements regarding the
Company's growth and profitability, growth strategy, liquidity
and access to public markets, operating expense reduction, and
trends in the industry in which the Company operates. The
forward-looking statements contained in this press release are
also subject to other risks and uncertainties, including those
more fully described in the Company's filings with the
Securities and Exchange Commission. The Company assumes no
obligation to update these forward-looking statements to reflect
actual results, changes in risks, uncertainties or assumptions
underlying or affecting such statements, or for prospective
events that may have a retroactive effect.
Contact:
Acies Corporation
Oleg Firer, President & CEO
(212) 931-5177
oleg@aciesinc.com
