Allegiant Professional Business Services Inc. was pleased to announce earlier this week that it will be filing a Form 10-KSB in the near future for fiscal year ending September 30, 2008 and Form 10-QSB for the first quarter of fiscal year 2009.

David Goldberg, CEO, commented, “As previously announced, we have already signed upwards of $20M in new contracts through our New Jersey office. Although I am delighted with this result the subsequent event of the additional revenues has caused a delay of our required filings.”

He added, “The filing of the aforementioned K and Q, and subsequent filings to follow shortly, will allow Allegiant to apply for re-listing on the Over the Counter Bulletin Board a regulated quotation service for fully reporting companies. Being current in our filings will assist us in pursuing key acquisitions and strategic alliances we have targeted.”

Goldberg closed by saying, “We believe we are in the right industry at the right time and are ready to compete with the various group of companies in our industry, all of which have recently reported quarterly earnings that beat Wall Street expectations and offered favorable outlooks for 2009.”