Wyncrest Group, Inc. (Pink Sheets:WYCT) today introduced a method for controlling contact information in electronic commerce system, a patent-pending business method for controlling the sale of contact information to telemarketers. This software-implemented solution addresses the greatest challenge facing the market of lead trading: trust.
PALOS PARK, Ill. (Business Wire EON) January 14, 2008 --
Wyncrest Group, Inc. (Pink Sheets:WYCT) today introduced a method for
controlling contact information in electronic commerce system, a
patent-pending business method for controlling the sale of contact
information to telemarketers. This software-implemented solution
addresses the greatest challenge facing the market of lead trading:
trust.
Financial service sales prospects are gathered on the Internet by
independents and then sold to providers in the industry. Price
performance of deliverables and client-tracking through the sales cycle
can be improved with this proprietary method. By exploiting capabilities
of this latest generation of software tools for producing rich Internet
applications, business logic once only performed on servers can now run
on client devices such as PC cards, mini-PC modules and mobile computing
devices to reliably protect the seller's intellectual property.
According to Wyncrest Group's Bill McFarland, "The significance of this
invention to this marketplace is profound. The inefficiencies burdening
the sales lead marketplace result in needlessly high prices and inhibit
participation. The consumer loses choice and value. With mutual trust
between traders comes a reduced risk premium on prices, while enticing
new participants to the marketplace. The result is a fair price for
leads that performs as represented. Added investment to lead quality is
rewarded with price, and the seller can find comfort in participation in
the future value of the transaction."
"Wyncrest has no desire or plan to sell or support a product based on
this technology, but we shall continue to develop tools to support our
operations which may come available for eventual licensing. Many
customers have expressed their interest in the concept and have
encouraged us toward commercializing the idea," said Keith Lanzara,
Wyncrest's president.
Learn more by contacting Lisa Hain (630) 215-5171.
Safe Harbor Disclosure
Some of the information contained on this in this press release contains
"forward-looking statements." Forward-looking statements use terminology
such as "may," "will," "should," "expects," "plans," "anticipates,"
"believes," "estimates," "predicts," "potential" or "continue," or the
negative of such terms and other comparable terminology. These
statements are only predictions. Current and future actual events or
results may differ materially as a result of the risks the being
incorporated or the actual results differing from the assumptions
underlying such statements. These forward-looking statements are made
only as of the date hereof, and the company has no obligation to update
or revise the forward-looking statements, whether as a result of new
information, future events or otherwise. All forward-looking statements
are expressly qualified in their entirety by the "Risk Factors" and
other cautionary statements included in the company's annual, quarterly
and special reports, proxy statements and other public filings with the
Securities and Exchange Commission.
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