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luckylindy
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Allegiant Professional Business Services Inc. (Pink Sheets: APRO), a premier provider of financial services to small and medium-size businesses, previously announced that the company is acting on its stock repurchase program. The company's Board of Directors authorized repurchase of up to an aggregate of 15,000,000 shares of its common stock as market and business conditions warrant. The share repurchases are being made by the company's designated brokerage firm, and are being conducted under applicable SEC guidelines and regulations

David Goldberg CEO and Chairman of Allegiant stated, "I am pleased to report that beginning October 14, 2009, pursuant to rule 10b-18, we began repurchasing our common stock. Repurchase, under the rule, restricts the amount of stock the company can repurchase based on volume formulas." Goldberg continued, "We believe the current valuation of Allegiant's common shares makes the repurchase of our equity a solid investment for the company and are committed to continuing the program. Mr. Goldberg added, "Our business is continuing to grow at an outstanding run rate. We estimate annual payroll runs upwards of Ninety Million Dollars ($90,000,000.00) for year ending December 2009. We will continue to aggressively seek strategic acquisitions to further grow the business"

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scooz
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Monday, December 14 2009 8:02 AM, EST

--------------------------------------------------------------------------------

Allegiant Professional Business Services Inc. Enhances its Client Benefits Program

PR Newswire "US Press Releases "
MARLTON, N.J., Dec. 14 /PRNewswire-FirstCall/ -- Allegiant Professional Business Services Inc. (OTC Pink Sheets: APRO) is pleased to announce as a result of high demand for its client benefit programs, it is offering enhanced health and insurance benefits for its 10,000 plus-employee client base.


"We began the benefit program several months ago," said CEO David Goldberg. "It has succeeded beyond our expectations."


Goldberg said APRO hopes to sign at least 25 percent of its employee client base to the programs.


The rates allow small to medium size businesses to offer benefits to employees who might otherwise lack coverage. "This is one of the further benefit services that Allegiant offers to its clients and client employees that distinguishes us from other professional employment companies," said Goldberg.


Allegiant Professional Business Services Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products.


Safe Harbor:


Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Sept. 30, 2007, and its subsequent filings with the SEC.


SOURCE Allegiant Professional Business Services Inc.

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scooz
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seeing several emailers out on apro already this mornin and a 30mil float could really move..huge revenue company
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scooz
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might run hard imo
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oneleg
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With all those E-Mailer It should get some good movement here today
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luckylindy
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Allegiant targets $18M in increased revenues over next 12 months due to Trucker benefit packages
Allegiant Professional Business Services Inc. now offers health and worker's comp insurance packages to independent truckers.

Allegiant Professional Business Services Inc. is pleased to announce that it can now offer owner operator truck drivers a total solution including Workers Compensation coverage and a Health Plan for a combined low monthly fee.

According to the US Bureau of Labor Statistics, the owner operator trucking industry has about 315,000 independent drivers, who independently serve a variety of businesses or lease their services and trucks to larger trucking companies.

David Goldberg, Allegiant's CEO, said, "In recent years, many states have increased the insurance requirements for truckers, making it difficult for them to find Workers Compensation coverage as independent truckers." Goldberg continued, "Along with our strategic partner, AMS Outsourcing, APRO will make available an individual Workers Compensation policy to independent drivers. We are targeting one percent of the available market of 315,000 owner operators. At this level, APRO revenues are expected to increase by approximately $18 million over the next twelve months."

Niven Bonar, Allegiant's COO, said, "Entry into this market is part one of the company's strategies to provide truckers with the types of benefits normally found in Fortune 500 companies. APRO will be able to administer billings and payments for the truckers as well as benefits such as debit cards, dental plans, credit clean-up, legal plans and vision plans."

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scooz
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Dec. 15, 2009, 8:00 a.m. EST · Recommend · Post:

Allegiant Professional Business Services Inc. Begins Use of Advanced HR and Payroll System
MARLTON, N.J., Dec 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- Allegiant Professional Business Services Inc. (Pink Sheets: APRO) has signed a leasing agreement to use a new high-performance payroll and HR software package as a result of increased business volume, a spokesman said.

David Goldberg, CEO of APRO, said the company will use the HRPyramid software from F.W. Davison and Company Inc. "HRPyramid is developed on the most advanced and efficient platform today," he said. "APRO has added a significant number of clients in recent months and we are planning for extensive grown in 2010. HRPyramid will help us with our 10,000 plus employee client base and planned growth."

The HYPryamid software is designed to increase accuracy and be more efficient. It will allow clients access to information about their employees with web-based self service, Goldberg said.

Allegiant Professional Business Services Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products.

Safe Harbor:

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Sept. 30, 2007, and its subsequent filings with the SEC.

SOURCE Allegiant Professional Business Services Inc.

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scooz
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looks like they are really getting their business infrastructure set for much more client business.nees to breakout the .03 mark
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luckylindy
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APRO NEWS:
Dec. 15, 2009, 8:00 a.m. EST · Recommend · Post:

Allegiant Professional Business Services Inc. Begins Use of Advanced HR and Payroll System
MARLTON, N.J., Dec 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- Allegiant Professional Business Services Inc. (Pink Sheets: APRO) has signed a leasing agreement to use a new high-performance payroll and HR software package as a result of increased business volume, a spokesman said.

David Goldberg, CEO of APRO, said the company will use the HRPyramid software from F.W. Davison and Company Inc. "HRPyramid is developed on the most advanced and efficient platform today," he said. "APRO has added a significant number of clients in recent months and we are planning for extensive grown in 2010. HRPyramid will help us with our 10,000 plus employee client base and planned growth."

The HYPryamid software is designed to increase accuracy and be more efficient. It will allow clients access to information about their employees with web-based self service, Goldberg said.

Allegiant Professional Business Services Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products.

Safe Harbor:

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Sept. 30, 2007, and its subsequent filings with the SEC.

SOURCE Allegiant Professional Business Services Inc.

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luckylindy
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With the news yesterday re: benefits for employees and the news today,re: Pyramid software for companies, shows they are improving their business to benefit all.
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oneleg
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We been going down Today But We will see if power Hour brings more volume and a Uptic
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scooz
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Dec. 16, 2009, 8:30 a.m. EST · Recommend · Post:

Allegiant Professional Business Services Inc. Signs Strategic Partner Agreement Estimated to Generate Approximately $200 Million in Gross Payroll.
--Marlton, NJ December 16, 2009 Allegiant today announced it has signed a strategic partner agreement estimated to add $200 Million to Allegiant gross payroll.

MARLTON, N.J., Dec 16, 2009 /PRNewswire-FirstCall via COMTEX/ -- Allegiant Professional Business Services Inc. (Pink Sheets: APRO) has signed a strategic partner agreement with Amerisource Payroll Solutions LLC and its related companies. APRO CEO David Goldberg estimates that the Amerisource business may add $200 million in gross payroll over the next 12 months.

"Amerisource has a proven track record in the staffing and human resources industry," Goldberg said. "We will offer Amerisource clients our expertise in payrolling, workers compensation and benefits."

Allegiant Professional Business Services Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products.

Safe Harbor:

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Sept. 30, 2007, and its subsequent filings with the SEC.

SOURCE Allegiant Professional Business Services Inc.

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oneleg
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Allegiant Professional Business Services Inc. Signs Strategic Partner Agreement Estimated to Generate Approximately $200 Million in Gross Payroll.
--Marlton, NJ December 16, 2009 Allegiant today announced it has signed a strategic partner agreement estimated to add $200 Million to Allegiant gross payroll.

MARLTON, N.J., Dec 16, 2009 /PRNewswire-FirstCall via COMTEX/ -- Allegiant Professional Business Services Inc. (Pink Sheets: APRO) has signed a strategic partner agreement with Amerisource Payroll Solutions LLC and its related companies. APRO CEO David Goldberg estimates that the Amerisource business may add $200 million in gross payroll over the next 12 months.

"Amerisource has a proven track record in the staffing and human resources industry," Goldberg said. "We will offer Amerisource clients our expertise in payrolling, workers compensation and benefits."

Allegiant Professional Business Services Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products.

Safe Harbor:

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Sept. 30, 2007, and its subsequent filings with the SEC.

SOURCE Allegiant Professional Business Services Inc.

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scooz
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this contract should get us in the .02's and stay there now..
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marinamel
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Awesome news Scooz!! Looks like a smart move for APRO!!


About AmeriSource
http://www.amerisourcepayroll.com/index.htm
AmeriSource Payroll Solutions a name you can trust. The AmeriSource Group was formed to offer companies which use 1099 contractors as well as w-2 employees a cost effective payroll program which can supply Worker's Compensation, Health Benefits and 401k plans at deep discounts. This program is BRAND NEW and AmeriSource holds exclusive rights which could help aid your high risk business in saving tens of thousands of dollars a year.

Until recently there was no alternative to how to obtain a TRUE WORKER'S COMPENSATION Policy at a reasonable rate the only thing even close was occupational insurance and that has been proven to not to suffice in multiple states. This payroll program has the ability to offer you a TRUE WORKERS COMPENSATION Policy at a deep discounted rate! It will only take you a few minutes to fill out our EZ prequalification application and start you on your way to saving up to 30% or more on your companies HR related expenses. Unlike other companies, we are not looking to reduce your MODS through training over a long period of time, although our program does offer training, that is not how your rate is immediately reduce to start saving your company money from day one.

Just think NO more Audits! NO more outlay of tens of thousands of dollars for initial start up or renewals of your comp policy! NO more losing contractors because of the lack of being able to offer health insurance or retirement savings plans! AmeriSource is there to eliminate all these issues and much more. You have absolutely nothing to lose and everything to gain so don't wait another minute, start reducing your costs and putting your hard earned money back where it belongs *in your pocket*

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scooz
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huge company to hook up with..price is showing peeps like the news..
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marinamel
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APRO CEO David Goldberg estimates that the Amerisource business may add $200 million in gross payroll over the next 12 months.
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scooz
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12/07/2009 @ 8:30AM
Source : PR Newswire
Stock : (APRO)
Quote : 0.021 0.0 (0.00%) @ 8:12AM


Allegiant Professional Business Services Reports the Progress of Its Previously Announced Common Stock Repurchase Program.




Allegiant announces current results of stock repurchase plan

MARLTON, N.J. Dec. 7 /PRNewswire-FirstCall/ -- Allegiant Professional Business Services Inc. (Pink Sheets: APRO), a premier provider of financial services to small and medium-size businesses, previously announced that the company is acting on its stock repurchase program. The company's Board of Directors authorized repurchase of up to an aggregate of 15,000,000 shares of its common stock as market and business conditions warrant. The share repurchases are being made by the company's designated brokerage firm, and are being conducted under applicable SEC guidelines and regulations

David Goldberg CEO and Chairman of Allegiant stated, "I am pleased to report that beginning October 14, 2009, pursuant to rule 10b-18, we began repurchasing our common stock. Repurchase, under the rule, restricts the amount of stock the company can repurchase based on volume formulas." Goldberg continued, "We believe the current valuation of Allegiant's common shares makes the repurchase of our equity a solid investment for the company and are committed to continuing the program. Mr. Goldberg added, "Our business is continuing to grow at an outstanding run rate. We estimate annual payroll runs upwards of Ninety Million Dollars ($90,000,000.00) for year ending December 2009. We will continue to aggressively seek strategic acquisitions to further grow the business"

Allegiant Professional Business Services Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products

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scooz
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we get some more news on the buyback.we will go bigly
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scooz
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guess we have a lull in the action here.happens everyday.and tunrs up nice for happy hour just like yesterday
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oneleg
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(OTC: APRO) Payroll Funds to Increase by $200 Million
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.
NEW YORK, NY, Dec. 17, 2009 (Marketwire) --

NEW YORK, NY -- (Marketwire) -- 12/17/09 -- Allegiant Professional Business Services Inc. (PINKSHEETS: APRO) has signed a strategic partnership with Amerisource Payroll Solutions LLC. The partnership is estimated to bring over $200 million in added payroll funds.

As more American businesses look to cut costs, outsourcing more of the non-core functions is a benefit realized right away in saved manpower, time, and money. By outsourcing, a business can control capital costs by allowing the outsourcing company to absorb technology fees, training, and maintenance of paperwork.

It is estimated that over 145 million people in the United States receive direct deposit from a payroll service company. This leaves plenty of room for Allegiant to gain a foothold in the market and cross-selling it's other popular services to its payroll clients.

To view more about Allegiant, please www.smallcapsociety.com/apro.php.

Other active stocks are Paychex Inc (NASDAQ: PAYX), Heartland Payment Systems (NYSE: HPY) and Sew Cal Logo (PINKSHEETS: SEWC).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

Contact:
Eric Jensen
www.ionewswire.com
516.942.4910

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oneleg
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APRO is pleased to announce as a result of high demand for its client benefit programs, it is offering enhanced health and insurance benefits for its 10,000 plus-employee client base

"We began the benefit program several months ago," said CEO David Goldberg. "It has succeeded beyond our expectations."

Goldberg said APRO hopes to sign at least 25 percent of its employee client base to the programs

The rates allow small to medium size businesses to offer benefits to employees who might otherwise lack coverage. "This is one of the further benefit services that Allegiant offers to its clients and client employees that distinguishes us from other professional employment companies," said Goldberg.

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oneleg
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Active share-buyback program (up to 15m shares)
“…"We believe the current valuation of Allegiant's common shares makes the repurchase of our equity a solid investment for the company and are committed to continuing the program.”
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=PR&date=2009 1207&id=10841358

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