New Pressurized Golf Club Introduced By Cachet Available For Purchase In Late Fall.
This Club Will Revolutionize Your Game.

Pasadena, California, May 7, 2008 – Cachet Banq is pleased to announce that National Services Inc. (NSI), a sister company of Cachet, has purchased Plus One Sports, DBA: Powerbilt (POS). POS is a nationally exclusive golf distributor for Hillerich and Bradsby Co. (H&B), which is based in Kentucky, and is the manufacturer of the Louisville Slugger. NSI’s acquisition of controlling interest in POS, is another step forward in marketing the patented Air Force One® Golf Driver, a new pressurized golf club, introduced by Cachet.

Micheline Chabana, Senior Vice President of Sales and Marketing for Cachet Banq states, “We are absolutely thrilled about this acquisition. Cachet has been using the Air Force One® golf club as an ancillary marketing tool at industry conferences and trade shows over the years. We have always received such tremendous feedback and interest in the Air Force One® golf club; therefore, we are especially pleased about the opportunity to sign on with a major sports marketing company like H&B. It is an exciting opportunity for both Cachet and Plus One Sports. We are extremely proud to be associated with H&B, one of America’s few remaining manufacturing companies with an absolutely excellent reputation.” 

The Air Force One® Driver is a new pressurized golf club and is the brain child of the founder of Cachet. Earlier versions of the Air Force One® driver have been awarded in prize drawings at the Cachet Banq booth during industry conventions over the last few years. A select group of golfers who were fortunate to win the golf club, have proudly reported that the Air Force One® driver has significantly improved their game. Lab testing has shown that the Air Force One® club not only increased distance, but also dramatically improved the disbursement pattern when balls are struck on the heel or toe of the club.  The Air Force One® Golf Driver is scheduled to be available for purchase in late Fall 2008.

About Cachet Banq:
Cachet Banq is a national financial services company and offers a variety of services to the payroll service industry, including ACH Processing, Payroll Tax Processing, Settlement Account and Trust Management Services. Among other ancillary products and services, Cachet also offers Financing options exclusively to payroll providers. As experienced leaders in the payroll service industry, the Cachet family of companies provide payroll related services to more than 28,000 employers throughout the nation and process over 45 billion dollars annually. Cachet offers competitive rates and fees for each of their customized services. Cachet presents service bureaus with another option to using traditional banks for their ACH and Settlement Account needs.

For more information about the services offered by Cachet Banq, please contact Micheline Chabana at (626) 578-9400 or email us at info@cachetbanq.com.  You may also visit our website at www.cachetbanq.com.

APA Booth Number 844:
Mid-market and large corporate employers, as well as payroll service bureaus interested in finding out more information about the FlexTax™ or Traditional Payroll Tax Services, can visit Cachet booth number 844 at the APA Congress in Austin, Texas, or can request a quote via email at info@payrolltaxmgmt.com or info@cachetbanq.com.