Allegiant Offers Health And WC Package To Independent Truckers

ANAHEIM, Calif., July 28 /PRNewswire-FirstCall/ -- Allegiant Professional Business Services Inc. (Pink Sheets: APRO) 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.”

APRO continues to offer its staffing and PEO staffed employees high-quality health care coverage, subject to underwriting, for as low as $199.

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.