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SOURCE ADFITECH, Inc.
EDMOND, Okla., May 16, 2014 /PRNewswire/ -- The Board of Directors of ADFITECH, Inc. has authorized the buyback up to 3 million shares of the Company's outstanding shares subject to market conditions. This amount represents 44.79% of the total amount of ADFITECH's currently outstanding shares. Any purchases of shares under this buyback will be dependent upon business and market conditions, in addition to other factors. The stock purchases may be made from time to time through open market purchases and/or privately negotiated transactions.
Founded in 1982, ADFITECH has earned an impeccable reputation in the mortgage industry as the premier provider of outsourced quality control. From its 20-acre corporate campus in Edmond, Oklahoma, ADFITECH's dedicated employees review and validate countless pieces of critical information vital to the well-being of an ever increasingly regulated mortgage industry. For more information on ADFITECH, visit our website at www.adfitech.com
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