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ATHC
Accelerated Technologies Holding Corp.

Common Stock
OTC Disclosure & News Service
Accelerated Technologies Holding Corp. (ATHC) Reports High Market Enthusiasm for Intelagy Service

 

  • Intelagy card processing solution promises to save merchants significant costs
  • Business model is subscription-based instead of charging according to credit card processing volume
  • Company’s flat fee structure begins at $29 per month


Accelerated Technologies Holding Corp. (OTC: ATHC) has reported an overwhelmingly positive response to its new credit card processing solution. ATHC’s managing director Alex Lemberg was speaking to NetworkNewsAudio’s Stuart Smith about the company’s innovative business model and the goals it has for the rest of the year (http://nnw.fm/092Vp).


ATHC, which provides consulting and develops technology products and services, has recently launched Intelagy, which provides a range of services including credit card processing solutions, branding, web development and hosting solutions and a range of other services to small-to-medium businesses. “Yesterday we did our first fairly decent-sized marketing campaign,” Lemberg said in the interview (http://nnw.fm/MepP1). “As of yesterday, we’ve had literally 85 percent positive feedback with every single merchant that actually contacted us of off that campaign.”


Intelagy is subscription-based, meaning that merchants can choose to pay for the level of service that suits their business needs. Instead of the traditional service model which charges clients according to the volume of their card processing payments, Intelagy charges its clients a flat fee. According to Intelagy’s fee structure, organizations which process $100,000 per year would pay a subscription fee of $29 per month, while those which process over $1 million per year would pay $199 per month.


Lemberg said, “Think about the ridiculous amounts of cost savings and just the logic behind that, right? Today, if your business is doing $500,000 in credit card processing, you’re paying a percentage of that to those independent sales organizations. And when your business goes from $500,000 to $1 million, you’re still paying a percentage. So, really, you’re getting dinged, for lack of a better word, the better your business actually operates. And there’s just no logical reason behind it.”


ATHC’s managing director spoke of the company’s two main goals for 2018: to reach 100,000 merchants in 2018, and to launch its subsidiary FinBridge, which will lend capital to alternative business lenders. Among these lenders would be independent sales organizations offering debit and credit card processing services to merchants. FinBridge is being designed to find inefficiencies in organizations the provide consumer loans and help them improve operations via better controls and lower risk factors.


The company’s portfolio also includes IconXchange, currently being developed to fund personality brands. The platform will use blockchain technology and provide a open, decentralized infrastructure that will allow individuals to obtain and exchange investment in personalities of the world of sports and entertainment.


ATHC also has XStreamCorp, which is described as a revolutionary “reality gaming social network.” XStreamCorp was designed to compete with Facebook’s social gaming market and will incorporate proprietary technology that will provide users with streaming video, audio and messaging capabilities.


Speaking of how ATHC hopes to impact small to mid-sized business, Lemberg voiced hope that his company will assist clients in becoming more cost effective both in what regards credit card processing but also more affordable and sustainable financing for business growth. “From a credit card processing perspective, we will begin to give them services that they would never be able to afford, or even know existed from a technology perspective. And then, more importantly, when they need money to actually grow or sustain or cover a particular time of the year, like a season where they can use more inventory, we will bridge them to more affordable, less predatory, more sustainable financing products.”


Links

ATHC

http://athcorp.com/

https://www.linkedin.com/company/accelerated-technologies-holding-corp/

https://twitter.com/ATHCOTC

https://www.facebook.com/Accelerated-Technologies-Holdings-Corp-752750458136772/

FinBridge

http://finbridgecorp.com/

https://www.linkedin.com/in/finbridge-holdings/

https://www.facebook.com/finbridge.corp.7

Xstream Corp

http://athcorp.com/subsidiaries/xstreamcorp-2/

IconXchange

http://athcorp.com/subsidiaries/iconxchange/


Statements made in this letter include certain forward-looking statements, management's objectives, strategies, beliefs and intentions. The Companies do not intend, and do not assume any obligation, to update forward-looking statements which are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements represent management's best reasonable judgment based on current facts and assumptions. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of competitive risks and the availability of financing. Actual events or results may differ materially from those projected in the forward looking-statements and readers are cautioned against placing undue reliance thereon.

Address
623 Fifth Ave,
Tower 24B, New York,
NY 10022, USA

Phone
+1 212-385-9200

E-Mail
info@ATHCorp.com

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