02/09/2006 - ClickPay Solutions Retains Investment Banking Firm CB Capital Partners, Inc.
CARSON CITY, Nev. (February 9, 2006) – ClickPay Solutions, Inc. (OTC: CKPY - News), a premier check cashing service provider, announced today that it has retained CB Capital Partners Inc., a west-coast based investment banking firm, to act as its exclusive financial advisor.
A.J. McCann, President and CEO of ClickPay Solutions, said, "As a leader in comprehensive financial advisory services for growth companies, CB Capital Partners will be an important partner as we move forward with our strategic business plan."
CB Capital Partners has been retained as a financial advisor to ClickPay Solutions and will assist the Company in executing its strategic plan.
"We are impressed with ClickPay Solutions' management team and business strategy and see the Company as an emerging leader in the rapidly growing payment services market," said Chris Baclawski, CEO of CB Capital Partners, Inc. "We are pleased to be assisting them with their capital formation and mergers and acquisitions needs."
About CB Capital Partners, Inc.
CB Capital Partners Inc. is a full-service investment-banking and financial advisory firm headquartered in Newport Beach, California. CB Capital Partners specializes in customized financial advisory assignments including capital raising, debt placements, strategic and financial partnerships, and mergers and acquisitions transactions. Visit http://www.cbcapital.com for more information.
About ClickPay Solutions, Inc.
ClickPay Solutions, Inc. is a premier sales and marketing organization that provides 'Cashless-Check-Cashing' services to retail locations nationwide. The Company's unique service enables consumers to cash paychecks and have the funds loaded onto a stored value card (ATM). Funds from the paycheck are guaranteed to the merchant and the consumer is immediately able to utilize the value card wherever PIN-based MasterCards are accepted. Visit http://www.clickpaysolutions.com for more information.
Contact: ClickPay Solutions, Inc. 775-882-5214; Peter Clark, OTC Financial Network, 781-444-6100 or firstname.lastname@example.org.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest.
Source: ClickPay Solutions, Inc.