LAS VEGAS, June 5, 2009 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL), a leader in personal cash-flow management and automated debt elimination services, today reported that the company now has over $1,000,000 in company cash assets. This news comes on the heels of a recent declaration by the company that it generated recurring "club" revenues of over $1,500,000 in the first quarter of 2009. Ideal's business model involves registration and subscription to its financial solution systems, creating both up-front and recurring revenue streams.
"Our cash position is a bold declaration of the company's enormous progress and market acceptance," stated Kent Brown, Chief Financial Officer of Ideal Financial Solutions. "We've been able to efficiently capitalize on the public's interest in financial health and positive investment strategies. And we believe these successes are the tip of the iceberg for Ideal Financial as the company reaches critical mass of awareness in the marketplace."
"Having over one million dollars on hand -- and growing revenues every day -- gives us a tremendous opportunity to maximize future opportunities for this company, both in organic growth through strategic marketing and business development, and also in bringing in top-tier corporate partners from across the accounting, legal, and communications fields as we continue to execute our business plan and eventually seek listing on a senior exchange," Brown added.
About Ideal Financial Solutions
Based in LAS VEGAS, Ideal Financial Solutions (www.myifs.com) provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in personal cash-flow management systems, Ideal uses its automated CashFlow Management tools (www.onlinecashflowmanagement.com) and its Credit to Wealth Systems (www.credittowealth.com) to assist individuals, families and small businesses in building financial independence. For investors who would like to receive Ideal's newsletter, please send your email address to: support@idealfsi.com. For the latest news and press, please visit www.idealfsi.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995.
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.