EX-99.1
4
pressrelease.htm
PRESS RELEASE DATED OCTOBER 24, 2007
Press Release dated October 24, 2007
Exhibit
99.1
FindEx.com
Announces Sale of its Membership Plus Product Line
OMAHA,
Neb.-October 24, 2007-
FindEx.com,
Inc. (OTC Bulletin Board: FIND) announced
today the sale of its Membership Plus product line to ACS Technologies Group,
Inc. of Florence, South Carolina for $1,675,000. The Membership Plus product
line centers around church management software designed to serve the unique
database, financial management and related productivity tool needs of churches,
"para-church" organizations and ministries, and non-profit entities. The
specific assets conveyed included, among others, underlying software source
code, existing product inventories, online marketing channels, registered
trade
names, and accounts receivable.
Steven
Malone, FindEx.com's Chief Executive Officer commented, "We are excited to have
completed the sale of Membership Plus. We see this as a first step in our
repositioning FindEx into an online focused company and one that will allow
us
to target growth opportunities geared to a younger and more diverse customer
base."
ACS
Technologies (www.acstechnologies.com)
is the
largest church management software company in the nation. Its CEO Hal Campbell
said, "We are pleased to have been chosen by Steven and the FindEx.com
management team as the preferred company best suited to continue serving
the
church and non-profit markets with Membership Plus".
About
FindEx.com, Inc.
FindEx.com,
Inc. is focused on becoming the premier worldwide Bible study software provider.
The company develops and publishes church and Bible study software products
designed to simplify biblical research, streamline church office tasks, provide
easy access to Bible-related stories, and enhance the user's understanding of
the Bible. The company's one operating division called The Parsons Church Group
was acquired in July 1999 from The Learning Company, a division of Mattel,
Inc.
This
press release contains forward-looking information within the meaning of
Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and is subject to the safe harbor created
by
those sections. This material contains statements about expected future events
and/or financial results that are forward-looking in nature and subject to
risks
and uncertainties. Such forward-looking statements by definition involve
risks,
uncertainties and other factors, which may cause the actual results, performance
or achievements of Findex to be materially different from the statements
made
herein. Among others, these risks include but are not limited to the following:
(i) limited liquidity and capital resources; (ii) serious business competition,
(iii) fluctuations in operating results may result in unexpected reductions
in
revenue and stock price volatility; (iv) delays in product releases and
introductions may result in unexpected reductions in revenue and stock price
volatility, and (v) errors or defects in products may cause a loss of market
acceptance and result in fewer sales. These, as well as other risks are
described in the company's annual report on Form 10-KSB for the year ended
December 31, 2006.
Contact:
FindEx.com,
Inc.
Kirk
Rowland
(402)
333-1900
Email:
qvnvst@quickverse.com

EX - 99 . 1 4 pressrelease . htm PRESS RELEASE DATED OCTOBER 24 , 2007 Press Release dated October 24 , 2007 Exhibit 99 . 1 FindEx.com Announces Sale of its Membership Plus Product Line OMAHA , Neb . - October 24 , 2007 - FindEx.com , Inc . ( OTC Bulletin Board : FIND ) announced today the sale of its Membership Plus product line to ACS Technologies Group , Inc . of Florence , South Carolina for $ 1,675,000 . The Membership Plus product line centers around church management software designed to serve the unique database , financial management and related productivity tool needs of churches , " para - church " organizations and ministries , and non - profit entities . The specific assets conveyed included , among others , underlying software source code , existing product inventories , online marketing channels , registered trade names , and accounts receivable . Steven Malone , FindEx.com 's Chief Executive Officer commented , " We are excited to have completed the sale of Membership Plus . We see this as a first step in our repositioning FindEx into an online focused company and one that will allow us to target growth opportunities geared to a younger and more diverse customer base . " ACS Technologies ( www.acstechnologies.com ) is the largest church management software company in the nation . Its CEO Hal Campbell said , " We are pleased to have been chosen by Steven and the FindEx.com management team as the preferred company best suited to continue serving the church and non - profit markets with Membership Plus " . About FindEx . com , Inc . FindEx.com , Inc . is focused on becoming the premier worldwide Bible study software provider . The company develops and publishes church and Bible study software products designed to simplify biblical research , streamline church office tasks , provide easy access to Bible - related stories , and enhance the user 's understanding of the Bible . The company ' s one operating division called The Parsons Church Group was acquired in July 1999 from The Learning Company , a division of Mattel , Inc . This press release contains forward - looking information within the meaning of Section 27A of the Securities Act of 1933 , as amended , and Section 21E of the Securities Exchange Act of 1934 , as amended , and is subject to the safe harbor created by those sections . This material contains statements about expected future events and / or financial results that are forward - looking in nature and subject to risks and uncertainties . Such forward - looking statements by definition involve risks , uncertainties and other factors , which may cause the actual results , performance or achievements of Findex to be materially different from the statements made herein . Among others , these risks include but are not limited to the following : ( i ) limited liquidity and capital resources ; ( ii ) serious business competition , ( iii ) fluctuations in operating results may result in unexpected reductions in revenue and stock price volatility ; ( iv ) delays in product releases and introductions may result in unexpected reductions in revenue and stock price volatility , and ( v ) errors or defects in products may cause a loss of market acceptance and result in fewer sales . These , as well as other risks are described in the company 's annual report on Form 10 - KSB for the year ended December 31 , 2006 . Contact : FindEx.com , Inc . Kirk Rowland ( 402 ) 333 - 1900 Email : qvnvst@quickverse.com