TeacherBuilder.com and Payment Data Systems Delivers Innovative Solution for Teacher's Compliance With the Texas 'No Child Left
23 Março 2005 - 10:01AM
PR Newswire (US)
TeacherBuilder.com and Payment Data Systems Delivers Innovative
Solution for Teacher's Compliance With the Texas 'No Child Left
Behind Act' - Payment Data Systems Signs Multi-year Electronic
Payment Processing Agreement With TeacherBuilder.com - SAN ANTONIO,
March 23 /PRNewswire-FirstCall/ -- Payment Data Systems, Inc.
(OTC:PYDS) (BULLETIN BOARD: PYDS) an integrated electronic payments
solutions provider, announced today that it has signed a multi-year
agreement with TeacherBuilder.com to provide payment processing.
TeacherBuilder.com is a company organized to assist Texas school
districts and educators in achieving compliance with the No Child
Left Behind Act by providing continuing education via the web to
ensure that each classroom is lead by a highly qualified teacher.
TeacherBuilder.com is also the first private web-based education
and certification program for South Texas to be approved by the
Texas State Board of Educator Certification. President and COO of
Payment Data Systems, Inc. Louis Hoch, said, "We are very pleased
to have been selected by TeacherBuilder.com to provide electronic
payment processing for them. Since my wife is a elementary school
teacher, I can from a personal perspective, attest to the
incredible value of this particular program that provides
convenient and effective delivery of education for teacher
certification without requiring the teacher travel or to
accommodate significant schedule changes." Dr. Noe Sauceda,
President of TeacherBuilder.com, said, "The online payment system
is an integral part of TeacherBuilder.com. Because our business
serves an online audience from such a large geographical region,
it's not only imperative that we provide a convenient, easy online
payment solution, but that we also partner with a firm that can
deliver the accurate and timely processing of a large volume of
payments." About Payment Data Systems, Inc. Payment Data Systems,
Inc., is an Integrated Payments Solution Provider delivering
comprehensive, cost-effective solutions to billers and retailers
for the processing and management of electronic payments via the
Internet, point of sale, or payments taken by Customer Service
Representatives or an Interactive Voice Response (IVR). Additional
products available from PDS include services and products that can
be implemented more quickly and less expensively than the
alternative of adding multiple payments companies as these
solutions offer a full range of payment processing capabilities.
These service offerings include: one time and recurring ACH debits
and credits, electronic lockbox and returned check services, Web
pay acceptance of credit cards and checks, telephone pay to
Customer Service Representatives for acceptance of credit cards and
checks, Interactive Voice Response systems which completely
automate the payment receiving process, and data warehousing that
enable the storage and retrieval of all payment history from one
location. Payment Data is the owner of the electronic bill payment
portal, http://www.bills.com/ . Bills.com has the ability to
transmit electronic payments to thousands of national billers. For
additional information, visit http://www.paymentdata.com/ .
Contact: Michael Long, Investor Relations, Payment Data Systems,
Inc. 210-249-4040. About TeacherBuilder.com, Inc.
TeacherBuilder.com is committed to assisting school districts in
Texas meet the No Child Left Behind Act by assuring that every
classroom is taught by a "highly qualified teacher." Excellence
will remain constant in program design, program delivery and
instructional quality. Research-based strategies for curriculum,
intern support, and customer service will be the mainstay for
program participants and program staff. TeacherBuilder.com will
reduce travel time to and from traditional training sites so that
program interns will be better able to serve their schools, their
students and complete certification requirements. Program rigor
will be supplemented and enhanced with the incorporation of
technology already available in most, if not all, communities. For
additional information, visit http://www.teacherbuilder.com/ .
Contact: Noe Sauceda, Ph.D., TeacherBuilder.com. (956) 457-8041.
FORWARD-LOOKING STATEMENTS DISCLAIMER Except for the historical
information contained herein, the matters discussed in this release
include certain forward-looking statements, which are intended to
be covered by safe harbors. Those statements include, but may not
be limited to, all statements regarding our and management's
intent, belief and expectations, such as statements concerning our
future and our operating and growth strategy. Investors are
cautioned that all forward- looking statements involve risks and
uncertainties including, without limitation, the factors detailed
from time to time in our filings with the Securities and Exchange
Commission. One or more of these factors have affected, and in the
future could affect, our businesses and financial results in the
future and could cause actual results to differ materially from
plans and projections. We believe that the assumptions underlying
the forward- looking statements included in this release will prove
to be accurate. In light of the significant uncertainties inherent
in the forward-looking statements included herein, the inclusion of
such information should not be regarded as a representation by us
or any other person that our objectives and plans will be achieved.
All forward-looking statements made in this release are based on
information presently available to our management. We assume no
obligation to update any forward-looking statements, except as
required by law. DATASOURCE: Payment Data Systems, Inc. CONTACT:
Michael Long, Investor Relations of Payment Data Systems, Inc.,
+1-210-249-4040; or Noe Sauceda, Ph.D. of TeacherBuilder.com, Inc.,
+1-956-457-8041 Web site: http://www.paymentdata.com/
http://www.bills.com/ http://www.teacherbuilder.com/
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