Wyncrest Group Develops New Software to Increase Revenues
April 07 2011 - 7:30AM
Marketwired
Wyncrest Group, Inc. (PINKSHEETS: WNCG) subsidiary Southwest
Financial Group has developed new software that is instrumental for
its American Teachers Retirement Services, LLC organization.
It is a stated strategic direction of our Business Plan to
incorporate technology throughout the business units to create a
competitive advantage. This will be realized 3 key ways: to
maximize each and every sales opportunity, streamline operations
and increase the quality of service for their clients. With the
development of the "SMART," Superior Maximum Advantage Retirement
Technology, system we have created a powerful tool to enhance the
field sales agent's effectiveness immediately while providing
clients more value.
"SMART" is a sophisticated tool which operates independent of
the internet and allows all field agents to consult their clients
and prospects on their personal financial situation relative to
retirement planning. "SMART" graphically shows various options for
consideration to make the entire retirement planning process easier
and significantly more valuable.
Through training and implementation of "SMART," American
Teachers Retirement Services projects critical strategic gains in
the areas of new agent ramp up, increased close ratios and
increased levels of financial contributions per sale. Additionally
it clearly identifies areas where further opportunities may be
pursued in life, auto, home and long term care insurance which can
be provided by either American Teacher Retirement Services or
affiliate companies.
Mr. Richard Whitaker, President of Southwest Financial Group,
commented: "It is exciting when we can introduce a significant
change that benefits our clients and at the same time will
dramatically increase our top line revenue. This technology will
also benefit our recruitment of top agents as we provide them with
the tools, training, support and quality products that allow them
to be successful quickly. Finally, increased revenues, greater net
margins and a stronger relationship with clients is great news for
our stakeholders as we continue to build upon our already strong
foundation for an even more successful future."
About Wyncrest Group, Inc. (PINKSHEETS:
WNCG)
Wyncrest Group, Inc. is a growing financial services
organization. Wholly owned subsidiary Southwest Financial Group has
been delivering insurance products and financial services since
1994, serving more than 22,000 clients throughout the United
States. By developing the growth potential from within its existing
businesses and acquiring companies with market share in lucrative
financial segments, Wyncrest Group, Inc. is committed to increasing
value for shareholders.
"Forward-Looking Statements - Safe
Harbor"
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of Wyncrest Group, Inc., its directors or its officers
with respect to, among other things: (i) financing plans; (ii)
trends affecting its financial condition or results of operations;
(iii) growth strategy and operating strategy. The words "may,"
"would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Wyncrest Group, Inc.'s
ability to control, and actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors.
Contact: Wyncrest Group, Inc. 9654 West 131st Street, Suite 215
Palos Park, IL 60464 USA 877-303-9590 Investor Relations
investor@wyncrestinc.com
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