BrandPartners' Subsidiary Awarded $4.5 Million Contract With U.S. Money Center Financial Institution; Company To File 8K Outlining Bank Conversion Project.Business Editors NEW YORK--(BUSINESS WIRE)--June 15, 2004 BrandPartners Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BPTR), a leading provider of marketing and creative solutions for retail bank branches of financial institutions, announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Willey Brothers, has been awarded a $4.5 million agreement with one of the largest financial institutions in the U.S. to rebrand rebrand Verb to change or update the image of (an organization or product) the interior Point of Sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) Merchandising delivery systems in 1,500 banking centers. "Willey Brothers was selected because of its integrated approach and experience managing large scale projects of this nature," said James F. Brooks, BrandPartners' Chief Executive Officer, stated. "With consolidation continuing among financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. institutions, opportunities such as this one should increase. During our twelve-year relationship with one of the institutions, we have provided merger related services, inventory management, and other services related to merchandising delivery systems. We understand the key role we will play in helping to support the smooth conversion of the 1,500 banking centers. We look forward to a long and mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" relationship with this client." Upon completion of this contract, BrandPartners and its subsidiaries will have converted more than 2,600 branches in the past year. About BrandPartners Group, Inc.: BrandPartners Group, Inc. together with its wholly owned subsidiary, Willey Brothers, Inc., provides its clients a full spectrum of integrated, end-to-end point-of-purchase communications solutions through its three complementary business segments: branch planning and design, merchandising and creative services Creative Services are a subsector of the creative industries, a part of the economy that creates wealth by offering creativity for hire to other businesses. Examples include:
Statements in this press release that are not statements of historical or current fact constitute ``forward-looking statements'' within the meaning of 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 involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. |
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