Acies Corp. Launches Sales CentralTM

Proprietary Web-Based Software Application Suite To Support Acies' National Network of ISOs


NEW YORK- (BUSINESS WIRE) - October 3, 2005 - Acies Corporation (OTCBB: ACIE), a financial services company specializing in payment processing and online banking services to small, medium and large size merchants across the United States, announced today that it has launched Sales CentralTM.

Designed to support Independent Sales Organizations ("ISOs") and Independent Agents, Sales Central is a web-based software application suite that will play an integral part in Acies' marketing strategy by improving an ISO's ability to deliver services timely and effectively. Sales Central will be easily accessible through the website www.mysalescentral.com

The proprietary suite of applications is a comprehensive, fully integrated "tool box" designed to assist multi-site, multi-department organizations, as well as smaller ISOs. Sales Central streamlines the sales process and enables an ISO to immediately calculate and present cost-savings benefits to potential merchants during sales calls.

Sales Central enables the Company's national network of ISOs to enhance productivity and improve customer service by eliminating the administrative paperwork typically encountered. ISOs will now be able to increase the efficiency and effectiveness of developing and managing new business relationships for Acies.

With access to continuously updated product information, services and account status, Sales Central enables ISOs and authorized resellers to market the full spectrum of Acies' payment processing services and business solutions. In addition, the application suite will be utilized by Acies' direct sales force, company management and operations staff, increasing efficiency and controlling costs by providing a single point of contact for all sales support functions.

"Customer service is critical for ISOs, and Sales Central significantly enhances an ISO's ability to plan and track work, as well as provide information to their customers in a timely manner," said Acies President & CEO Oleg Firer. "The user-friendly, web-based nature of Sales Central enables an ISO to focus on servicing and growing our shared merchant base, with real-time access to up-to-date, organized information on all new and existing accounts."
 

About Acies Corporation

Acies Corporation (OTCBB: ACIE) is a financial services company that, through its wholly owned subsidiary, Acies, Inc., specializes in providing payment processing 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 and the 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: 
KCSA Investor Relations:
Todd Fromer/Michael Gallo
212-896-1215 / 212-896-1258
tfromer@kcsa.com / mgallo@kcsa.com
 
Acies Corporation:
Jeffrey A. Tischler
Chief Financial Officer
(212) 931-5182
jeff@aciesinc.com

 

 
 
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