NEW YORK, July 17, 2018 (GLOBE NEWSWIRE) -- Accelerated Technologies Holding Corp. (OTC Markets: ATHC) (“ATHC” or “the Company”) today announces the expansion of its Intelagy operations, completing the Company’s initiative of becoming a business hub for small to mid-sized businesses (SMBs).
Intelagy (www.Intelagy.com) is primarily focused on driving traffic and revenue to SMBs in the United States while providing affordable monthly subscription-based solutions that pass the savings to the merchants. The expansion will enable ATHC, via Intelagy, to gain market share while providing unparalleled solutions in the areas of affordable electronic payments; standard, mid and high-risk merchant services; point-of-sale solutions (POS); sustainable alternative funding; digital media; branding; and management for merchants operating in retail, online and mobile environments.
“We are pleased to complete the foundation of ATHC’s core initiatives. The addition of Intelagy services will further enhance our customer-driven value-add portfolio and emphasizes our commitment to enterprise-level solutions for small and mid-sized merchants, enabling local merchants to compete more efficiently in today’s difficult retail, mobile and online environments,” said Kevin Kading, president of ATHC.
To compete for customers, processors heavily rely on independent sales organizations (ISOs) for marketing, sales, operations and, often, for the underwriting of merchant accounts. The ISO is typically a middleman sales organization that absorbs hefty operational costs, which are, in turn, passed on to the merchants. Intelagy intends to disrupt the industry by offering “direct to merchant” monthly subscription services that will enable merchants to save up to an estimated $5,000 per annum.
Beyond merchant services, Intelagy intends to arm merchants with local marketing, digital media, funding, analytical tools and unprecedented transparencies to transactional and settlement data. Intelagy will enable small-business owners to compete with online giants and national conglomerates to gain market share. Intelagy will differ from and disrupt the business solution industry by empowering small-business owners to choose from a list of affordable and comprehensive business solution packages.
SMBs continue to lose market share to retail and online giants. Intelagy will equip these businesses with affordable, subscription-based payment processing, access to working capital, analytics, easy-to-use reporting dashboards and strategic marketing. Leveraging its expertise in banking, financing, marketing, development, analytics, artificial intelligence and big data, ATHC’s management will provide SMBs with tools previously unobtainable due to cost constraints.
ATHC, via Intelagy and other subsidiaries, will leverage its extended database to promote new customer acquisition. This will enable Intelagy to drive revenues and achieve higher margins and lower operational and customer acquisition costs. This will also allow merchants to obtain cost-effective technology and services at affordable rates. To build customer loyalty and offset some of the immediate costs of migration, ATHC, via Intelagy, will reward customers with the ability to drive additional revenue. ATHC intends to bring Intelagy to market on July 23, 2018.
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: 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/
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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.
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