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GLCS |
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PTS acquired GLCS in December, 2004 establishing it in the debit card distribution business. GLCS projects that a minimum of 35,000 cards will be issued in the first year of this project, generating net revenues in excess of $800,000 annually, with additional cards issued in succeeding years. Schwartz said, "Our goal is to bring GLCS quality organizations that will bring residual income based upon consistent loading and transaction usage. |
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