PBS Holding, Inc. (OTCBB:PBHG) announced that two additional sales consultants have joined the Company and successfully completed its sales training. This represents the continuation of PBS' sales strategy, which combines a revised compensation plan with a high-output selling system. By offering a compensation plan based on a generous commission package and minimal salary, PBS believes it has made itself a very attractive shop for top performing sales professionals. PBS has also adopted ACTION Selling(a), a systematic approach to selling that has contributed substantially to the Company's sales success. The impact of this strategy has resulted in a more motivated, higher performing sales force. In the six months ended June 30, 2005, revenues increased over 70% from the same period 2004 as reported in the Company's Form 10QSB filed on August 15, 2005. "The PBS Sales Engine represents the foundation of our growth strategy," notes president Rick Matthews. "We believe that the ability to consistently generate high growth through internal sales is critical to our long-term success. By combining the right compensation program with the right sales approach we plan to build a team of high-output sales consultants. Considering that our top performer has recently doubled his income through this new compensation and sales plan we are encouraged by the results," adds Matthews. About PBS Holding, Inc. The business of PBS Holding, Inc. is to operate in the Human Resources Outsourcing Services Sectors, specifically the Professional Employer Organization industry and the Temporary Staffing Services Industry through its subsidiaries Primary Business Systems LLC, Primary HR Services LLC and Concord Staffing Services. The subsidiaries of PBS serve small to medium-sized businesses by outsourcing the human resource burden of reporting, regulations, legalities, screening and administration. We help clients compete more effectively by allowing them to focus their resources on serving customers and building their business. PBS is becoming an end-to-end business services company with a value proposition that integrates HR, insurance and related business services. Safe Harbor: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of PBS Holding, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions, as well as risk factors contained in our periodic reports filed with the SEC. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. (a) ACTION Selling is a trade name of The Sales Board.
PBS (CE) (USOTC:PBHG)
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