Colin Niven Bonar Named Chief Operating Officer ANAHEIM, Calif., June 2 /PRNewswire-FirstCall/ -- Allegiant Professional Business Services, Inc. (Pink Sheets: APRO) today announced the appointment of Colin Niven Bonar to the position of Chief Operating Officer (COO). Mr. Bonar most recently served as VP of Strategic Partnerships for Allegiant Professional Business Services, Inc. In this position Mr. Bonar increased the sales for Allegiant Professional significantly by developing and managing healthy strategic partnerships from coast to coast. Prior to joining Allegiant, Mr. Bonar acted as Vice President of Sales for a prominent nationwide staffing company and brings more than 10 years experience in the staffing and PEO industry along with considerable experience in sales and administration of publicly traded and privately held companies. Before entering the staffing and PEO sector, Mr. Bonar founded and operated an independent music record label, artist management group and music publishing company. The collective business concept focused on artist incubation, artist brand development and management of music and publishing rights within the entertainment and advertising industries. A native of Scotland, Mr. Bonar has unique European connections that will assist Allegiant in its plans to establish worldwide staffing connections. "Niven's experience providing sales and strategic leadership in both domestic and international markets, made him an ideal choice for this role at Allegiant. I am confident he will have an immediate impact and that his expertise will help us achieve our goal of becoming leaders in our industry," stated David Goldberg, Allegiant's CEO. "With Niven's appointment, we are one step closer to completing the transformation of our executive management team, and I am very pleased to add Niven to our accomplished group of talented professionals at Allegiant." "I am pleased to accept this additional responsibility at Allegiant, a company on the cutting edge of its marketplace and I look forward to adding further value in this new role at Allegiant by leveraging my expertise with my focus being that Allegiant becomes the leader in this business sector," said Mr. Bonar. Allegiant Professional Business Services Inc. provides financial services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products. Safe Harbor: Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Sept. 30, 2007, and its subsequent filings with the SEC. DATASOURCE: Allegiant Professional Business Services Inc. CONTACT: Norman Tipton of Allegiant Professional Business Services Inc., +1-858-798-1636

Copyright