IRVINE, Calif., Dec. 13, 2006 (PRIME NEWSWIRE) -- Sage Global Solutions, Inc. (Pink Sheets:SGGL) (Frankfurt Stock Exchange: WKN A0J265) (Frankfurt:Q9A) announced today that its PremierPoint Insurance Services subsidiary has formed an alliance with Sacramento-based UFCW 8-Golden State Union (United Food and Commercial Workers Union), UFCW's largest affiliate in the Western United States, to develop and implement a Collectively Bargained Workers Compensation (Alternative Dispute Resolution) program for its members and union employers.
"Our association with UFCW 8-Golden State provides a great platform to expand our reach into the labor union marketplace as a natural extension of our services," said Joey Sanchez, CEO of PremierPoint Insurance Services, a subsidiary of Sage Global Solutions. "We feel strongly that PremierPoint is uniquely equipped to provide a program and level of service that is a perfect fit for this demanding market," said John Kirwan, president of PremierPoint Insurance Services.
About UFCW 8-Golden State Union
The UFCW 8-Golden State Union represents more than 30,000 members in 40 of California's 58 counties, from the Oregon border in the north through the Central Valley to Kern County in the south. Its mission is dedicated to maintaining, improving, and enforcing collective bargaining agreements. They devote their energy to the steady growth and progress of the organization for the benefit of their union members.
UFCW 8-Golden State is the first multiple employer, non-construction industry "Carveout" program being formed in the State of California under Labor Code Section 3201.7 established in 2004. This is a major effort to provide improved benefits to the union's membership and reduced costs to the union's employers.
About Sage Global Solutions
The mission of Sage Global is to present a full spectrum of insurance and financial services and solutions for small to medium businesses. Sage currently has five wholly owned subsidiaries including: Express Notary Service, Inc., Online Mortgage Inc., RJC Insurance Services, and PremierPoint Insurance Services and JPJ Reinsurance. PremierPoint offers innovative insurance products specializing in Workers' Compensation and the utilization of captive programs. PremierPoint also provides traditional wholesale agency products, program consulting and risk management assistance to insurance agents and carriers. RJC Insurance Services is a premier commercial insurance agency based in Southern California. Express Notary Service, Inc. is an online mobile notary service that specializes in loan document closings and has an extensive network of notary agents throughout the U.S. Online Mortgage Inc. is a lead generation and marketing portal. JPJ Reinsurance issues insurance policies to insurance carriers in select markets for select risks. Over the past several months Sage has taken significant steps toward reaching its goal of becoming a complete insurance and financial services institution and will continue to seek acquisitions, positioning itself as a market leader in a rapidly-growing industry. Visit http://www.sage-global.com for more information.
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Statements in this press release about the company's future expectations other than historical facts are "forward-looking statements." It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties.