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Alliance HealthCard Completes Merger with Benefit Marketing Solutions.


ATLANTA -- Alliance HealthCard, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ALHC ALHC American Lindy Hop Championships (swing dancing competition)
ALHC Associate, Life & Health Claims
) has completed its merger with Benefit Marketing Solutions LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, (BMS BMS
abbr.
Bachelor of Marine Science
) making it one of the largest marketers of discount medical services in the country. The combined companies will serve over one and a half million consumers in all fifty states.

Benefit Marketing Solutions founded in 2002 sells and markets services similar to AHC's and has in excess of a half million members. These members will convert to AHC's delivery system of networks, fulfillment, and member services in the near future. The integration of the two companies will result in direct cost savings and the company expects a large impact on the bottom line.

Existing management for the two entities will remain and Danny Wright Danny Wright is a Seattle, Washington-based radio personality, and current host of "Wright All Night" on the Jones Radio Networks.

The majority of his career and success was in the Cleveland, Ohio market, most notably at WGCL, where he was a Top-40 disc jockey known as
, (BMS CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. ) will assume the position of Chief Executive Officer for the combined companies. Brett Wimberley, Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of BMS and Susan Matthews, Executive VP of BMS will remain with the merged organization. Robert Garces, Tom Kiser and Rita McKeown will remain in their current rolls with Alliance.

Alliance is a licensed discount medical provider organization (DMPO DMPO Defense Military Pay Office
DMPO Discount Medical Plan Organization
DMPO Dimethyl Pyroline Oxide
) that provides individuals and families with discounted pharmacy, medical, dental, hospital, vision, and various other health services health services Managed care The benefits covered under a health contract  through a half million-provider locations across the country. With the combination of the companies, additional services brought by BMS and Alliance will be added to the portfolio of the combined companies. Some of the services added are road side assistance, AD&D insurance, warranty protection, and Third Party Administration services.

Mr. Garces, Chairman has stated that the combined companies will be a significant leader in the industry serving a very broad range of clients. Those clients include insurance companies, banks, consumer finance organizations, retail pharmacies and employers. With the size of our new client base and breadth of products, the company is now positioned as the most cost effective solution in non-insurance products for consumer directed health and other related services in the industry.

This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended and pursuant to the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such forward-looking statements may relate to financial results and plans for future business activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, loss of significant customers, the mix of revenue, changes in pricing policies, delays in revenue recognition, lower-than-expected demand for the Company's products and services, general economic conditions, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such speak only as of the date made.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 1, 2007
Words:506
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