Trucept Subsidiary Afinida: Announces Record Payroll Processing Revenue

October 27, 2021

Press Release:Afinida Announces Record Payroll Processing Revenue

SAN DIEGO, CA – October 27th, 2021 – Afinida, a subsidiary of Trucept Inc. (OTC Pink: TREP) today announced that the company reached a new milestone of $5 million in weekly payroll processing. The increase is the result of ongoing growth in it’s payroll processing and services division.

COO Julie Neill commented: “We are very pleased with the results being posted by Afinida, specifically in our payroll processing operations. Afinida has realized significant growth across all departments, with the global pandemic having virtually no effect on growth. Afinida provides payroll and human resource management services to businesses across America, and our success is due in part to the high level of personalized service that we provide to our clients.” As more payroll service providers move to a web based self-serve model, Afinida remains firmly committed to superior, client centric service managed by real people.

Afinida offers professional services that help businesses navigate growth. The company’s professional services now encompass the following:

  • Full-Service Cloud Based Payroll Services
  • Direct Deposit Management
  • New Hire Reporting
  • Wage Garnishments
  • W2 Management

For additional information, find us at www.afinida.com

About Trucept Inc.

Trucept Inc. is a renowned name in the business solutions sector, dedicated to helping companies focus on their core operations while it takes care of the peripheral business processes. With its extensive suite of services and a commitment to excellence, Trucept has been a trusted partner for countless businesses, aiding their growth and success.


For more information, call 858-798-1620 or visit https://trucept.com

Disclaimer

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K.

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