LAS VEGAS, Dec. 22, 2010 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL), a creator of various financial products and services for businesses and individuals, is pleased to report that the company's new marketing programs are now producing over 500 new members per day on average. Based on previous conversion models, adding 500 new customers per day has the potential of generating over $7.5 million in annual recurring revenue, if member retention continues, among other variables.
"I can confidently state that we are now exceeding our internal expectations for this period in our re-launch," said Steve Sunyich, CEO, Ideal Financial Solutions. "And we're working diligently to create more long-term recurring members from these initial efforts to increase and optimize revenue. Moreover, we believe that we can continue and even increase daily membership totals."
"It's also important to note that these new memberships add to our considerable existing revenue model of current members," Sunyich added. "We are very, very pleased to say the least and excited to hit the ground running in 2011 with much of the hard work of our transition behind us and a renewed focus on attracting and monetizing new customers. Many of the man-hours spent on getting us here will now be applied to perfecting our model, penetrating new revenue arenas, and streamlining expenses."
About Ideal Financial Solutions
Based in Las Vegas, Nevada, Ideal Financial Solutions () 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 debt relief services, Ideal uses its automated CashFlow Management© tools () and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence. To view more information on Ideal's new humanitarian program soon to be launched please visit . To view a short video demo of our services go to:
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Forward Looking Statements. This release may contain forward-looking statements as well as historical information. 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. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks include, without limitation, the risk that the company's revenues will not continue to grow and that they may not meet projections because of a down turn in its new marketing efforts and that the company will not become, or will be significantly delayed in becoming, a fully reporting company for one or more reasons, including a decision by the company not to pursue fully reporting status, absence of capital or other resources to satisfy compliance status, an adverse action or decision by a regulatory agency or other events. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.
CONTACT: Ideal Financial Solutions, Inc. Paul Currie 678-772-3456 ir@idealfsi.com www.idealfsi.com www.idealfinancialhr.com