LAS VEGAS, March 28, 2012 (GLOBE NEWSWIRE) -- Ideal Financial Solutions, Inc. (OTCQB:IFSL), a fully reporting company listed on the OTCQB, creator and provider of various financial products and services for businesses and individuals, is pleased to announce that it has entered into an agreement with national human resource support provider Employee Relations, Inc. to offer their clients Ideal's proprietary CashFlow Management System through an online private label platform.
Employee Relations, Inc. currently provides services to employees of the U.S. Government as well as employees of many state and local governments. In addition, they provide services to employees of both Fortune 500 companies and small businesses. The white-labeled CashFlow Management System is expected to be available to Employee Relations' clients in the second quarter of 2012.
"Our services have traditionally been for the employer, however, we look forward to expanding our services using Ideal Financial Solutions' platform to reach directly to the employee," stated Stuart Barlow, President, Employee Relations Inc. "It was brought to my attention that a study by the Federal Reserve Bank concluded that financially stressed employees spend an average of twenty hours a month of work time coping with their problems and that workplace financial education provides a return on investment of up to 3:1 in increased productivity and reduction in direct cost. This data certainly helped me decide to bring Ideal Financial's potent system to our universe of employers and employees."
"We are excited to add Employee Relations to our valued list of HR partners as they reach an enormous potential audience," states Steven Sunyich, CEO, Ideal Financial Solutions. "Their trusted relationship with the vast list of companies with whom they work makes them a highly desirable white label partner."
About Employee Relations Inc.
Employee Relations Inc. was established in 1993 for the specific purpose of supporting the needs of employers for a safe and productive workplace, while helping to contain the costs associated with negligent hire and retention claims. Employee Relations Inc. is a national human resource support company dedicated to empowering employers to make informed decision about who to hire, who not to hire, and who to retain as an employee through employment related background checks, drug testing, hotline and a multitude of HR solutions. More info is available at www.erelations.com
About Ideal Financial Solutions
Based in Las Vegas, Nevada, Ideal Financial Solutions (http://www.idealfsi.com) 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 financial 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. Select the following links to view more information on Ideal's brands such as Ideal Financial HR, Ideal Cash Secrets and iLenderAssistance.com. Please connect with us on Linkedin or Twitter. For investors who would like to receive Ideal's newsletter, please send your email address to: support@idealfsi.com
For the latest news and press, please visit http://www.idealfsi.com.
IFSL's new XBRL/SEC portal provides access to filings and more at http://www.idealfsi.com/investors/ifsl-investor-relations/financial-reporting
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 grow as projected; that increases in marketing or other expenses may increase more rapidly than revenues; that any recent positive trends in the company's financial position may be reversed because of declines in revenues, increases in costs and/or unexpected liability event. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein.