3 Point Alliance Makes Long-Term Commitment to Parts and Support of Legacy Equipment

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3 Point Alliance acquires Oklahoma City-based Pro Logistics, LLC to ensure ongoing ability to provide parts and support for check processing equipment

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3 Point Alliance, a leading provider of vertically integrated remittance solutions, is proud to announce the acquisition of Pro Logistics, LLC, filling a key long-term parts and support strategy for new and existing clients.

Pro Logistics, founded in 1996, is the largest aggregate supplier of IBM check processing equipment parts and a leading support provider nationwide. Through the integration of logistics, repair services, and exclusive access to newly manufactured inventory, Pro Logistics has emerged as a multi-service solution for large and small businesses looking to streamline operational efficiency.

“We’re thrilled to welcome Pro Logistics to the 3 Point Alliance family,” says Rich Daidone, co-founder and co-president of 3 Point Alliance. “The breadth of resources and logistical knowledge Pro Logistics brings allows us to meet our long-term objectives of providing parts distribution on a more efficient basis.”

“In addition to increased efficiencies and response time for our customers, Oklahoma City offers a strategically located disaster recovery site for our parts inventory,” adds Norm Grunberg, co-founder and co-president of 3 Point Alliance.

3 Point Alliance has been a client and partner of Pro Logistics for 17 years. The acquisition allows 3 Point Alliance to leverage strengths and maximize service offerings for the short and long term.

About 3 Point Alliance

3 Point Alliance is a pioneer in the development and deployment of vertically integrated remittance processing software and hardware, business continuity services and financing for in-sourced and out-sourced payment applications. Our four companies -- 3 Point Payment Processing, Qwinstar Corporation, Equipment Leasing Organization and Business Continuity Services -- create innovative, efficient and cost-effective accounts receivable solutions for our customers. Our wholesale and retail remittance service centers provide flexible, scalable solutions across many business categories including finance, utilities and cable companies. 3 Point Alliance is based in Clifton, NJ and has facilities in Philadelphia, PA, Seattle, WA, Saint Paul, MN, and Chicago, IL. To learn more, visit: http://www.3ptalliance.com.

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