Profit Planners Management, Inc. Reports Engaging Sam Jacobs for Business Development

NEW YORK, Nov. 22, 2011 /PRNewswire/ -- Profit Planners Management, Inc. (OTC: PPMT) today announced that it had entered into a consulting agreement with Mr. Sam Jacobs pursuant to which Mr. Jacobs would act in the capacity of Vice President of Business Development for the company.

"Sam Jacobs' primary objective will be to create a business referral program for the sale of our business services," said Wesley Ramjeet, PPMT's CEO. These services include accounting and bookkeeping services, business management services, merchant services, business lending services and energy and telecom audits, as well as an array of insurance products and services that can provide protection to business and business owners. "We are very pleased to have been able to retain Sam's services, and we are very happy to have a person with his experience and contacts working for the company," said Mr. Ramjeet.

Sam Jacobs has been working in the insurance and banking industry for the past eighteen years. He has an extensive knowledge of the insurance industry and insurance products, and has worked with such major insurance companies as Guardian Life, Mass Mutual, and Lincoln National.  Mr. Jacobs was involved in the development of multiple national banking insurance distribution platforms, and he was instrumental in the development of the insurance distribution programs at Republic National Bank, HSBC, North Fork Bank and Capital One Bank .

About Profit Planners Management, Inc.

Profit Planners Management, Inc. (OTC: PPMT) is a publicly traded company that provides professional services to public and private companies. We provide CFO, accounting, management, tax and other professional services. For more information, please visit: www.profitplannersmgt.com.

SOURCE Profit Planners Management, Inc.