SOURCE: Expert Group

May 03, 2011 09:21 ET

Expert Group, Inc. Signs ATM Management Service Contract With Cord Financial Services, Inc

MIAMI, FL--(Marketwire - May 3, 2011) - Expert Group, Inc. today announces that Expert Financing, Inc., a division of Expert Group, Inc (PINKSHEETS: EXPU), has signed an ATM outsourcing management agreement with Cord Financial Services, Inc in a deal that highlights ATM Replenishments Services in Florida.

Cord Financial Services, one of the nation's largest ATM providers based on ATM operations, signed a one-year contract to have Expert manage ATM's in Miami Beach, FL.

The Florida based operator Expert Financing, Inc will provide support and first and second line maintenance for ATM machines. The company also will manage technical support for unforeseen issues that might arise from operations. In addition, Expert will manage the ATMs cash replenishment services in association with Chase Bank.

"We're excited about the contract," Robert Rico said. "It is our first management service contract, but the agreement gives our [management services department] momentum."

Cord's management was impressed by Expert's customer care. Cord Financial supports 4,000 ATMS in Texas and nationwide, and the facility processes over 10,000 ATM Transactions. Cord receives daily hundreds of customer service requests from major banks, retailers, supermarket chains and ATM providers.

"Expert's management-services contract applies to the Florida where we are aggressively installing and operating our ATM services. This agreement adds key location to our portfolio of ATMs," Robert Rico concluded.

Expert Group, Inc d.b.a. Expert Financing, Inc -- EXPU -- is a company committed to your success; a company that provides not just services, but partnerships; a company with a long-standing reputation of honesty, integrity, and ethical business practices; a company with the resources to handle all your real estate needs. EXPU is one of the top-ranked Mortgage Banking firms in the industry, specializing in providing financing services for all types of Real Estate related transactions, including but not limited to residential, commercial, refinances, FHA, Jumbo Loans, Fannie Mae, Hotels, lodging, Franchises, SBA Loans, and Reverse mortgages as well as ATM placements.

As a certified correspondent lender and a FHA certified lending institution, EXPU can offer up to date loans to consumers, including Equity Lines, Hard Money, Mezzanine Financing, Debt Financing, conventional, non-conventional, and VA Loans.

Expert Group, Inc markets a variety of financial products and services through Expert Financing & Investments. Expert is rapidly becoming a market leader in the multibillion dollar Florida market. EXPU has built the infrastructure necessary to grow with state-of-the-art Facilities. Today, EXPU serves much realty as their mortgage bankers and has closed 100's of million in loan originations. Visit our website for more information:

Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

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