Accelerated Technologies Holding Corp. Files Q2 Financials, Provides Business Update
Accelerated Technologies Holding Corp.
Jul. 31, 2018
New York, July 31, 2018 (GLOBE NEWSWIRE) -- ATHC recently retained the corporate communications services of NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers social communication solutions, news aggregation and syndication, and enhanced news release services. As part of this Client-Partner relationship, ATHC has access to NNW’s investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools that will be used to increase the Company’s brand visibility and transparency.
“Or partnership with NNW is vital in that it provides us a channel of consistent communication to keep shareholders and the broader investment community aware of our developments and operations,” states Kevin Kading, president of ATHC. “As we focus on growing the business at hand, NNW will relay our progress and assist us with maintaining transparency and brand awareness.”
Through key actions within its portfolio of subsidiaries, ATHC also took several measures to advance the Company toward revenue generation.
In the second quarter, ATHC expanded its Intelagy subsidiary ( www.Intelagy.com ) and launched subscription-based merchant services designed to help small- and mid-sized businesses (SMBs) alleviate payment processing fees. Intelagy enables merchants to pay interchange and subscribe monthly for services, in most cases saving thousands of dollars annually.
In addition to subscription based credit card processing, Intelagy offers affordable subscription based branding, marketing and analytical solutions that provide SMB owners affordable; easy-to-use tools and technologies that help business owners and operators compete in today’s difficult environment.
Intelagy launched the first of many marketing campaigns for its subscription based and discounted credit card processing, branding, marketing and analytics.
Via its FinBridge subsidiary, ATHC has posted its receivable for approximately $250,000. FinBridge is currently in discussions with several institutional bankers/lenders to obtain additional capital.
Additionally, ATHC has completed its proprietary CRM systems, which will provide dashboards, transparencies and dynamic reporting for the companies marketing, sales, payment processing and lending businesses.
Moving forward, ATHC will continue to create synergy among its subsidiaries to provide enterprise-level solutions for small and mid-sized merchants, and drive corporate growth. “We are pleased to inform shareholders that we are ahead of schedule in regard to executing our merchant servicing strategy and look forward to begin generating revenue via affordable subscription based small business solutions in Q3 as we continue to add shareholder value,” said Kading, President Accelerated Technologies Holding Corp.
About Accelerated Technologies Holding Corp.
Accelerated Technologies is a full-service end-to-end business solution and technology company that specializes in cloud-based disruptive technologies. The Company provides consulting and enterprise-level technology services and is developing its own disruptive technology products in the sectors of artificial social realities, short-term alternative funding platforms, electronic payment solutions, and blockchain technologies focused on social engagement, sports, entertainment and content creation. ATHC and its economies of scale enable the Company to develop technology at reasonable costs while leveraging expertise and contacts for effective execution. ATHC’s investment domain and expertise lies in consumer Internet, cloud computing and software-as-a-service (Saas), mobile software and services, software-powered consumer electronics, infrastructure and applications software, networking, storage, databases and other backend systems.
ATHC’s portfolio to date includes: Intelagy, FinBridge Holdings, XStreamCorp and IconXchange.
The Company was built with a unique and scalable approach to collect, leverage and contribute to a strong community of venture capital partners, dynamic sales and marketing verticals, and in-house data teams armed with powerful machine learning, data science, development, management and execution skills. ATHC provides corporate consulting for private and publicly traded companies; technology planning and engineering services; installation and maintenance of cybersecurity resources; and venture capital and financing. For more information, visit: http://ATHCorp.com/
Connect with us on social media: LinkedIn: https://www.linkedin.com/company/accelerated-technologies-holding-corp/ Twitter: https://twitter.com/ATHCOTC Facebook: https://www.facebook.com/Accelerated-Technologies-Holdings-Corp-752750458136772/
FinBridge Facebook: https://www.facebook.com/finbridge.corp.7
Forward-Looking Statements Disclaimer:
Statements made in this letter include certain forward-looking statements, management's objectives, strategies, beliefs and intentions. The Companies do not intend, and do not assume any obligation, to update forward-looking statements which are frequently identified by such words as "may," "plan," "expect, "anticipate," "estimate," "intend," and similar words referring to future events and results. Forward-looking statements represent management's best reasonable judgment based on current facts and assumptions. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of competitive risks and the availability of financing. Actual events or results may differ materially from those projected in the forward looking-statements and readers are cautioned against placing undue reliance thereon.
ATHC Contact 623 Fifth Ave, Tower 24B New York, New York 10022 212-385-9200 Office Info@ATHCorp.com
Corporate Communications Contact NetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com 212.418.1217 Office Editor@NetworkNewsWire.com