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Professionals Network, LLC to Organize and Host 2010 IT Summit in Pakistan and Philippines

March 30, 2010

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Washington, DC (RPRN) 03/30/10 — Professionals Network, LLC will organize a joint IT Summit in Pakistan and the Phillipines in September 2010. The company, founded in January 2009 by several alumni from the University of Pennsylvania, has more than 13,000 professional members in its private information technology groups (online and offline lists) in the two countries.

Professionals Network, LLC, is based in Washington, DC. The company has pioneered multiple online products for the IT services industry. These products include employment and payment-processing websites. The company also has an offline service delivery model and infrastructure, which helps professionals across Asia to not only locate and secure employment but also to receive instant payments from US and European employers via local Professionals Network branches.

"At least in the short term, the company plans to become a key hiring and payment processing intermediary between US employers and professionals in Pakistan, the Philippines, India, and some parts of Western Europe. If the management goes right, we can attain over $30 million in net processing over the next 2 years," said Arif Ayub, founder and board member at Professionals Network, LLC.

Arif Ayub, who is also Chairman of Pakistan-based Softflux Systems, is expected to be a keynote speaker at the summit. Various other international executives and public sector representatives from Pakistan and Philippines are also expected to speak.

Complete details of the event, including dates and confirmed speakers, will be released in July 2010.

About Professionals Network, LLC:

Professionals Network, LLC is a Washington, DC based company providing hiring and payment processing services to professionals across Asia and Western Europe since January 2009. The company's check processing service, BillnetX (http://www.billnetx.com/), which is due to release in June 2010, will be the first commercial banking-grade solution allowing US employers to electronically verify international contractors prior to making any payments. The service is expected to be fully sponsored by Citigroup.

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