Charge Now, Pay Later

Raleigh, NC 28, 2010 Many young people are getting over their heads in credit card debt even before they enter the real world. A 2009 study released last week by the American Council on Education showed that credit card debt among college students increased as they continued their education. Consider this: Freshman had average balances of $790. Seniors averaged $1,579.

According to Patrick A. Lyons, personal finance expert and author of Map Your Financial Future: Starting the Right Path in Your Teens and Twenties, “It is important for young consumers to manage credit responsibly because maxing out credit cards and failing to pay the bills today can affect the availability and cost of credit later.

Patrick A. Lyons is available to discuss:

Strategies for paying down credit card debt Pitfalls like Universal Default and how it can have a detrimental effect on consumers Tips for creating responsible habits to keep credit from becoming unwieldy

About Patrick A. Lyons

Patrick Lyons has more than a decade of experience as an investment professional. Currently a portfolio manager at NCM Capital Management Group, Inc., Lyons earned a B.S. in Mathematics from Florida A&M University and an M.S. in Management (Finance Concentration) from North Carolina State University. He is author of Map Your Financial Future: Starting the Right Path in Your Teens and Twenties, which is aimed at helping young people take charge of their financial lives. His investment and personal finance advice has been featured in The News & Observer (Raleigh, NC), Black Enterprise magazine, WHUR 96.3 (Washington, DC), the Bev Smith Show, WJZ (CBS Affiliate), WNCN (NBC Affiliate), Black Issues Forum (UNC-TV) and Bloomberg Radio. He serves as the stocks editor for msfinancialsavvy.com. Lyons has also taught business finance at Wake Technical Community College and conducted workshops on personal finance for several schools and organizations.

Contact:

Patrick A. Lyons is based in Raleigh, NC. To schedule an interview, call him at (919) 656-4097.

Mr. Glenn S. Burroughs Elected President of Association for Corporate Growth

Seattle, WA 2, 2010 Glenn S. Burroughs was elected President of the Seattle Chapter of the Association for Corporate Growth (ACG). He has been a member of the Board of Directors for four years and has served as Treasurer and President-Elect. Mr. Burroughs is Vice President and Regional Manager of the Seattle office of PNC Business Credit which is a leading lender to &194;“middle market&194;” as well as Fortune 1000 companies in Washington and Oregon.

Mr. Burroughs has over 25 years of experience in the commercial finance industry and has closed over $2.5 billion in financings during his career. He holds an MBA from Pepperdine University and a BS in Business Finance and Economics from the University of Southern California. He is a member of the Commercial Finance Association and the Pacific Northwest chapter of the Turnaround Management Association. His excellent professional reputation results in frequent requests to make presentations, conduct professional development seminars and his articles have been published in newspapers, business magazines and industry trade journals.

ACG was founded in 1954 as a forum for corporate leaders and other professionals to exchange ideas and address pertinent issues related to both internal and external corporate growth. Its mission is to foster and facilitate sound corporate growth &194;– high quality and rising earnings as well as increased shareholder value &194;– by providing members with educational and professional development programs presented by &194;“leading edge&194;” thinkers.

Today ACG is the premier global association for executives involved in corporate growth, corporate development, and mergers and acquisitions for mid-size and large companies. Membership is comprised of leaders from public and private corporations, private equity firms, financial institutions, and professional service firms. These leaders are charged with building value in their organizations and typically focus on strategic activities that increase revenues, profits and, ultimately, stake-holder value. There are more than 9,000 members from Fortune 500, Fortune 1000, FTSE 100, and middle market companies in 45 chapters in North America and 3 in Europe.

The Seattle ACG chapter provides members and guests with the finest quality educational and technical programs. Speaking at the Seattle chapter&39;s October 12, 2010 program will be Stephen R. Light, President and CEO of Flow International. Some of the recent speakers at the chapter were: Mike Dunlop, President of QPM Aerospace; Don Munro, CEO of Coastal Environmental Systems; Conrad Smits, CEO of Phillips Oral Healthcare; Fran Bigelow, CEO of Fran&39;s Chocolates; Kevin Goodwin, CEO of Sonosite; John Hinson, CEO of Quinton Cardiology Systems; Tim Hopkins, CEO of Sur La Table and Barry MacKechnie, President of Larry&39;s Markets.

Diverse programming provides access to a myriad of ideas to successfully and consistently achieve sound corporate growth, whether through internal or external means. Programs cover virtually every aspect of corporate growth and development:

Developing new products and services

Developing new markets for existing products and services

Brand building and positioning

Managing intellectual capital

Strategic planning and development

Industry leaders&39; &194;“best practices&194;”

Competitive intelligence = competitive advantage

Mergers, acquisitions and divestitures Joint ventures, partnerships and strategic alliances

Recapitalization and &194;“going private&194;” transactions

Financing growth

Alternative financing structures

As the business environment becomes more complex, executives face new challenges to profitability and success. The presentations offered by the Seattle ACG chapter provide senior corporate executives and professionals the opportunity to learn, grow and hone the skills necessary to successfully compete in a rapidly changing global economy. The program format creates networking opportunities to strengthen business and inter-personal relationships between chapter members who are leaders in their profession and their community.

For additional information contact:

Andy Leikin

206.652.0966

andy.leikin@pncbusinesscredit.com

http://www.acg.org/seattle

ADFP Examines Business Ownership Challenges Due To Divorce

East Northport, NY 23, 2011 A record number of divorce financial practitioners, judges, attorneys, mediators, paralegals, child specialists, CPAs, and other finance professionals from across the country are expected to attend the 9th Annual Conference of the Association of Divorce Financial Planners, coming to the prestigious Doral Arrowwood Resort, September 23-24.

“We’re honored to have Kenneth J. Pia, Jr., CPA, ABV, ASA, MCBA, who has appraised companies in a broad range of industries for purposes of marital dissolution, presenting at this year’s conference says ADFP president Lili Vasileff. She adds, “He will share valuable insights with our divorce financial planners so they might better understand the key points of business valuation methodologies. They, in turn, will be better able to educate our clients and legal professionals so more equitable outcomes may be achieved.

Partner and Director of Valuation Services at Meyers, Harrison & Pia, LLC, Mr. Pia will focus on the financial implications of the privately-held business’s value and earnings, which in many cases is the single largest asset and income source to the marital partnership.

“Let's face it, the end result of a divorce is a division of financial assets and income; same as it is with the dissolution of any financial partnership,says Mr. Pia.

Mr. Pia’s presentation, “Integration of the Value of a Privately-Held Business in the Divorce Process,will include:

Valuation Professionals (Who are they) and the Valuation Process (What is it)

Accepted Valuation Approaches and Defining Business Value

Real-World Valuation Examples

Defining "True" Earnings and Determining Pre-Marital Value

Uses of a Valuation Expert

In addition to business valuation, ADFP Conference attendees will cover a wide range of topics on September 23-24, from ethics and tax issues to estate and retirement planning to the latest best practices in divorce finance.

Attendees also have the option to attend the Pre-Conference ADFP University on September 22, a one-day immersion covering taxes, Family Law Software, PR strategies, and more.

More About the Association of Divorce Financial Planners (http://www.divorceandfinance.org)
The ADFP is an interdisciplinary association of professionals who research and analyze personal and business financial issues, as well as tax implications related to divorce. The association develops outreach programs, training opportunities, and continuing education to financial practitioners, allied divorce professionals, and the general public. The organization is a key role player in policy making regarding divorce financial issues and holds members to high standards in professional and ethical protocols in the U.S., Canada, and other countries.

For more information and to register for the ADFP Conference, go to http://www.divorceandfinance.org or call the ADFP office at 888-838-7773.

About ADFP Conference Presenter, Kenneth J. Pia, Jr., CPA, ABV, ASA, MCBA
(http://www.mhpcpa.com/staff_Pia.htm)
Partner and Director of Valuation Services at Meyers, Harrison & Pia, LLC, Mr. Pia has conducted valuation studies of entire businesses and partial business interests. He has appraised companies in a broad range of industries for purposes of marital dissolution, and has served as an expert witness in many courts on business valuation and analysis, economic damages, tax, and divorce related issues. In addition, Mr. Pia has successfully mediated numerous litigated financial matters, both in the area of business appraisal and marital dissolution.

Oxfam America Congratulates Winner of the Nobel Peace Prize, Cites Dr. Mohammed Yunus as Global Champion of Micro Finance

Boston, MA December 8, 2010 International relief and development organization Oxfam America today congratulated Dr. Mohammed Yunus, founder of the Grameen Bank on the eve of his receiving this year&39;s Nobel Peace prize at a gala ceremony in Stockholm, Sweden this coming Sunday, December 10.

Calling Dr. Yunus a "global champion for the micro-finance movement," Oxfam America&39;s President Raymond C. Offenheiser said that the naming of Dr. Yunus and his colleagues at the Grameen Bank as the winners of this year&39;s Nobel peace prize was "a source of real joy and excitement" for him and for the staff and supporters of Oxfam.

"While there are many notable micro-finance leaders who have contributed to the building of this movement, none have given more to building its credibility and acceptance on a global scale than he," said the Oxfam leader.

Offenheiser recalled that three weeks before being named the winner of this year&39;s Nobel Peace Prize, Dr. Yunus appeared on stage at a plenary event at the Clinton Global Initiative in New York and, in the way he has for the last 30 years, "Dr. Yunus charmed the audience with his ebullient and charismatic storytelling about the liberating power of micro-finance on the poor of the world."

The Grameen Bank&39;s founder told this august audience of heads-of-state, corporate CEOs, global bankers, politicians and eminent persons that breaking the cycle of poverty required a "new economics", one that puts the poor and their needs at the core of the debate, an economics of trust which assumes that the poor are reliable credit risks that deserve real banking services.

"With consummate artistry, grace, and an infectious smile, he challenged many of the central premises of his audience about economics and left them nodding and convinced," recalled Offenheiser.

About Oxfam America

Oxfam America is one of the world&39;s leading relief and development organizations. It is committed to creating lasting solutions to global poverty, hunger and social injustice. Visit us on the Web at http://www.oxfamamerica.org.

Contact:

Don Rojas

202-496-1306

Beat the System -- Open Your Own &194;‘Bank&194;’

25, 2009 Salinas, CA -- 26, 2009 -- Gilbert Arevalos can help you open your own &194;“bank,&194;” lend money to yourself for any purpose, drive a new car every four years, and actually make money on the funds you lend to yourself.

&194;“Borrowing from a bank or finance company is going to cost you big money,&194;” said Arevalos, president of Wall Street Financial Consultants. &194;“Instead you can be your own &194;“bank,&194;” borrow money from yourself, and have it continue to grow while you use it. What a tremendous opportunity for the average guy to beat the banks at their own game.&194;”

Arevalos helps individuals to create their own &194;“bank,&194;” simply and quickly. Once you become your own &194;“bank&194;” you can lend yourself money for any purpose without an application, and without a credit check.

You can also pay the loan back on any terms you set, and while the money is loaned to you it will continue to grow.

&194;“It is really convenient to borrow from your own personal &194;‘bank&194;’ because you do not need to explain why you need the money, you do not need to wait for approval, and you do not even need to fill out an application, because you&194;’re the boss,&194;” said Arevalos.

The opportunity to own your own &194;“bank&194;” is not new, but very few financial advisors teach their clients about it. Why

&194;“There is no financial incentive for agents or advisors to tell you about it, and without incentives or commissions they don&39;t care about promoting it. There&39;s nothing in it for them,&194;” explained Arevalos.

Your own personal &194;“bank&194;” gives you financial flexibility not available through other means. You can earn dividends on the funds in your personal &194;“bank,&194;” including on each loan payment. Unlike traditional loans, if you have a bad month, or even a bad year, you can stop making loan payments until you are ready to continue.

Your personal &194;“bank&194;” is fully insured and protected from loss, and if you should die your beneficiary will receive a predetermined death benefit, which could be paid tax free. Your personal &194;“bank&194;” is also sheltered from creditors, and you do not have to wait until you are 59 &194;&189; to have access to your money tax-free. You can even have a tax-free income for life without any government limits or penalties, and without taxing your Social Security.

Your personal &194;“bank&194;” will not be exposed to any market risk. Your money is guaranteed, regardless of how many thousands or millions you&39;ve accumulated.

&194;“Imagine the financial freedom and personal confidence you&39;ll experience once you build and use your own personal &194;‘bank&194;’ instead of traditional lending systems,&194;” said Arevalos.

Consumers who are looking for a way to improve their net worth and financial status, as well as those who would like to leave the traditional world of financing may request a personal consultation with Arevalos at no cost or obligation.

Additional information is provided at http://YourPersonalBank.com, and Arevalos may be contacted toll-free at 1-888-855-2747.

Contact:

Gilbert Arevalos, CMFC, AAMS

President, Wall Street Financial Consultants

Garevalos@YourPersonalBank.com

(831) 443-3858

David Bresnahan

http://ThatPRGuy.com
(801) 562-5362

Robert Ray Joins Peak Finance Company as Chief Operating Officer

Woodland Hills, CA 5, 2007 Peak Finance Company announced the hiring of its new Chief Operating Officer, Robert Ray. Ray will be responsible for guiding and managing all aspects of the company which include: expanding its sales force, adding new technology, and coordinating with its affiliate companies. Founding partners Gil Priel and Eli Tene are confident that Ray will be a crucial factor in propelling Peak Finance to further success.

"We are pleased to have Robert join our firm. With his capabilities and energy, Peak Finance will step to the next level and will continue to deliver efficient quality service to our clients," Tene said. Priel agreed: "Robert brings solid expertise and a wealth of experience to our company that will truly benefit us as we further expand our services into the marketplace."

Ray comes to Peak Finance from Pacifica Mortgage in Encino, California, where he served as Senior Vice President over sales and operations and was responsible for overhauling and revamping the company&39;s operations system.

With twenty-three years of experience in the mortgage industry, Ray has gained solid experience, diverse contacts and extensive knowledge making him an invaluable member of the Peak Finance team. He began his career at Western Federal Savings and Loan Wholesale in Woodland Hills, CA, where he stayed for eleven years. As the company&39;s Senior Vice President of Wholesale Lending, Ray was responsible for statewide lending operations for Western Federal&39;s number one region and office, which successfully produced between 50-55 million dollars of production per month for five consecutive years.

Ray&39;s solid record of success attracted him to Peak&39;s innovative style of linking affiliate companies under one corporate network. "The current market trends of a sub-prime market meltdown, tightening credit for Alt A and A lenders offers an opportunity for the well-positioned and capitalized company. The corporate network of companies that Peak Financial Partners has created, offers key options that this marketplace needs," Ray explains.

Another aspect that drew Ray to Peak was the company&39;s own record of success and what it stands for. "The name implies that one is climbing up the peak and going to the next level," he says. Climbing to the "next level" is what Ray intends on helping Peak to achieve. "My goals are to grow a satisfied customer base, implement effective systems, develop an A+ Team and build on the successes that Peak has already accomplished," says Ray.

Ray also has an extensive background in personal development and has provided personal and business development strategies to his various staffs and clients. As a result of these cultivated success traits, Ray had the expertise to build thriving teams at Western Federal, Oakmont Mortgage, First Advantage Mortgage, Wells Fargo Home Mortgage, Pacifica Direct Mortgage Bankers, and a sales training company that he founded.

Peak Finance Company offers both residential and commercial mortgages for the A through sub-prime borrower. Long-term investor relationships and private money resources allow Peak Finance Company to offer one of the widest arrays of products in the industry.

For more information contact:

Tiffany Walton

Marketing Manager

818-591-9237 ext. 184

WorkLight Partners with Finance All Solutions to Deliver Mobile Applications in Korea and Japan

New York 26, 2010 WorkLight and Finance All Solutions (FAS), part of the SBI Group, today announced a partnership agreement to deliver mobile applications to companies in the financial services, government and other industries in Korea and Japan. FAS will resell the WorkLight Mobile Platform and provide its customers a range of professional services, such as application development, backend integration and platform implementation.

Leading to this announcement, the companies have been selected by one of the largest financial services institutions in Korea to implement a mobile application across multiple devices.

"As a leading solution provider in the region, FAS is a perfect complement for our technology in enabling companies to mobilize their services," said Shahar Kaminitz, CEO of WorkLight. "Partners like FAS help us to bring our technology into markets around the world that are looking to efficiently build optimized mobile apps."

Building on FAS&39; expertise in delivering a range of online and mobile solutions, the new capabilities will enable smartphone and tablet applications for a range of business needs, such as banking and credit card account management, stock trading, personal finance budgeting, wealth management and a range of investment tools.

Analysts forecast aggressive growth in the mobile sector in the region. The number of smartphone users in Korea is expected to reach 16.5 million in 2012, growing from 2.2 million in 2009 according to Korea Telecom. In Japan, recent figures released by comScore indicate that mobile users are the most connected users in the world and are 36 percent more likely than U.S. mobile subscribers to install and use applications on their device.

"Most companies in East Asia are planning to provide smartphone applications to their retail and corporate customers within the next year," said Chris Jungyoel Jang, CEO of Finance All Solutions. "To meet this growing demand, with WorkLight we are able to quickly build and deliver mobile apps that incorporate device-specific features for the most popular devices."

The WorkLight Mobile Platform enables companies to efficiently develop, run and manage applications securely for multiple smartphone and tablet devices. The WorkLight platform includes the WorkLight Studio for native and web application development, the WorkLight Server for secure delivery and backend integration with enterprise systems and the WorkLight Console for deployment, ongoing management and tracking of adoption and usage of the applications.

About Finance All Solutions - Converging Finance and Beyond
Finance All Solutions, Ltd., an affiliate of SBI Group, is a leader in providing IT solutions for financial and other organizations in Korea and Japan. Finance All Solutions was established in 2009 and is funded by SBI Holdings. The company website is http://www.sbigroup.co.jp/english/company/group/finance-all-solutions.html.

About WorkLight - Extend Your Business
WorkLight is a leading mobile application platform for smartphones, tablets and beyond. Many of the world&39;s largest companies rely on the WorkLight Mobile Platform to create, run and manage cross-platform applications that are optimized, connected and secure to drive more business while radically reducing development cost, time to market and ongoing maintenance. Headquartered in New York, WorkLight&39;s technology has been recently recognized by Gartner, Red Herring, InformationWeek, Network World, eWeek and BusinessWeek. For more, visit http://www.worklight.com.