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JC Data Solutions, Inc.: JC Data Solutions' Company Update

^{Published on 2009-07-21 07:26:55, Last Modified on 2009-07-21 07:27:03 - Market Wire}
 

IRVING, TX--(Marketwire - July 21, 2009) - JC Data Solutions, Inc. (PINKSHEETS: [ JCDS ]) -- Our last year ended with another increase in revenue from the year before. Our resellers are continuing to add clients to our base and our services continue to expand. We are developing a shareholder update program that will continually inform investors of our new clients and how they impact our bottom line. We plan to implement that program in conjunction with our resellers within the next month. In the meantime, below is a list of recent JCDS accomplishments.

Our electronic funds program has continued to be a major success for us thanks to the efforts of Neofirma, Inc. We continue to draw new clients and several thousand new transactions to our electronic payments program. This program, designed and operated by JCDS, electronically distributes payments and posts statements, invoices, etc. online.

We are expanding our market present with BFL, Inc. who has recently contracted with Raven Operating Group, Inc. to provide payment services for their payees. BFL and JCDS also plan to market this program to the medical industry to handle accounts payable.

JCDS has also developed a maintenance program for their popular Medical Forms Generator program giving easier access for clients to update and add new forms.

"JC Data is in a unique position to both satisfy our resellers need for new revenue requirements, and the increase evolution in electronic payment and data applications. With the current business climate characterized by rapid change and disruption in both the technology and fundamental structure of the banking, medical and oil and gas industry, JC Data stands apart because of our ability to apply best business practices to solve the complex, difficult issues these industries face today," says Cary Allen, CEO.

"Over the last several months our main efforts have been in supporting our new resellers and increasing our business but we also plan on increasing our efforts to become Pink Sheet current and updating our shareholders more frequently," says Cary Allen, CEO.

Forward-Looking Statements

This press release contains "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.

All information in this release is as of the date of this release.