[b]JCDS-just beginning to express it's value[/b]--"Our Payment Manager™ software and service continues to expand and until recently has been the [b]supporting core of our business and its development efforts." [/b]
"JC Data's Payment Manager services continue to grow; processing several thousand transactions and several million dollars' worth of distributions per month. [color=red]We have experienced a 20% growth in processing since the beginning of this year alone."
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"after almost two years of planning and design, Payment Manager will make its [b]debut into the state and federal oil and gas land leasing market at the end of April." [/b]
[color=red]"Appeal Manager™, unique to the healthcare market[/color] and designed to collect on denied or partial paid claims, was kicked off in late January 2013, but delayed due to a change in the outside sales force. It was back up and running by the end of March 2013 [color=red]with salespeople in Dallas, Houston, Phoenix, Denver, Atlanta, Louisville, and Raleigh. Contracts for the Appeal Manager™ services are already closing and we continue to increase this sales force each week."[/color]
LGCY-customer of-JCDS since 2010:
Legacy Reserves (NASDAQ: LGCY) has also seen huge growth since JCDS announced them as a customer in 2010. In 2010 LGCY had total revenue of $216,389,000. By the end of 2012 it had grown to $346,460,000.
Legacy-seems-a-perfect candidate for Payment Manager new bidding service:
[b][color=red] bid funds for oil and gas land leases will be managed by us throughout the bid process[/color]. Bidding companies will sign with Payment Manager to process their bid funds utilizing our unique system which keeps their cash from being tied up in cashier's checks, money orders or surety bonds. This new process eliminates the need for paper, making the complete bid process more economical for both the government agencies and the bidder.[/b]
From the LGCY website:
Legacy Reserves LP (NASDAQ – LGCY) is an independent oil and natural gas limited partnership headquartered in Midland, Texas, and [b][color=red]is focused on the acquisition and development of oil and natural gas properties[/color] [/b]primarily located in the Permian Basin, Mid-Continent and Rocky Mountain regions of the United States.
JCDS
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