The Marketing Alliance Announces Fiscal 2008 Fourth Quarter and Year-End Financial Results

The Marketing Alliance, Inc. (Pink Sheets: MAAL) (“TMA”), a consortium of independent life insurance brokerage general agencies located throughout the United States, today announced financial results for its fiscal fourth quarter and year ended March 31, 2008. Timothy M. Klusas, TMA’s President, stated, “We are very pleased with our operating results for the fourth quarter and fiscal year ended March 31, 2008. We posted double-digit percentage increases in revenue and operating income for the fiscal 2008 fourth quarter and year. Fiscal 2008 also marked the third consecutive year of operating margin improvement, reflecting further realization of the benefits of a streamlined infrastructure. We believe that our expanding carrier network and balance sheet at March 31, 2008, have put us is in position to have the opportunity to... [read full story]