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BrandPartners' Willey Brothers Subsidiary Signs Contract With Valley National Bank.


Business Editors

Willey Willey may refer to:

People:
  • Alan Willey, American soccer player
  • Calvin Willey, American politician
  • Edward E. Willey, American politician
  • Francis Vernon Willey, 2nd Baron Barnby, British politician
  • Frederick Willey, British politician
 Brothers, a BrandPartners Group, Inc. (Nasdaq: BPTR) company, today announced that it signed a contract establishing a new customer relationship with Valley National Bank of Wayne, New Jersey Wayne is a township in Passaic County, New Jersey, United States, located less than 20 miles from midtown Manhattan. As of the United States 2000 Census, the township had a total population of 54,069. .

The contract will provide Valley National Bank with Willey Brothers' market intelligence expertise and strategic retail design and building services, which will assist Valley National Bank in fully expressing its brand at the point of contact in the retail environment of Valley's Merchants Bank division branch offices in Manhattan. Valley National Bank possesses assets of over $8 billion and a branch network of more than 100 locations.

BrandPartners Executive Vice President Ed Stolarski stated that the contract with Valley National Bank creates a significant revenue opportunity for Willey Brothers and that the company's current backlog Backlog

The total value of sales orders waiting to be fulfilled.

Notes:
This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings.
 of $22 million represents a 144% increase over the company's $9 million backlog at the same time last year.

"We look forward to a long-lasting relationship with this strong and rapidly growing bank," continued Mr. Stolarski. "Our success in closing this contract and the value of our current backlog illustrates the strength of Willey Brothers' strategic branding and design services as it relates to acquiring and retaining customers."

BrandPartners Group, Inc. (www.bptr.com) currently operates through Willey Brothers, Inc., a fully owned subsidiary providing merchandising merchandising

Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product.
, branch planning and design, 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:
  • Design and Production agencies
 and iMapData, a majority owned subsidiary, which provides data based solutions.

Willey Brothers, Inc., provides merchandising, branch planning and design, and creative services for 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.
 companies.

(This press release contains "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" as defined in 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. These statements are based on the Company's current expectations of future events and are subject to a number of risks and uncertainties that may cause the Company's actual results to differ materially from those described in the forward-looking statements. Should one or more of these risks or uncertainties materialize ma·te·ri·al·ize  
v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es

v.tr.
1. To cause to become real or actual: By building the house, we materialized a dream.
, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. These risks and uncertainties include, among others, the Company's ability to identify appropriate acquisition candidates, complete such acquisitions and successfully integrate acquired businesses; changes in the Company's business strategies or development plans; effects of competition; the Company's anticipated growth within the financial services industry; the Company's ability to obtain sufficient financing to continue operations; and general economic and business conditions, both nationally and in the regions in which the Company operates. These and other risks and uncertainties are disclosed from time to time in the Company's filings with the Securities and Exchange Commission, including the "Forward-Looking Statements" section of the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2000, in the Company's press releases and in oral statements made by or with the approval of authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 personnel. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.)
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 2002
Words:482
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