CSRH, Consorteum Holdings Inc, CSRH.OB
DrStockPick News Report!
DrStockPick News Report!
“Consorteum Holdings Inc. Introduces New Financial Services Division“
DrStockPick News Report!
Wednesday August 5, 2009
Consorteum Holdings Inc. Introduces New Financial Services Division
Las Vegas, Nevada August 05, 2009 - Consorteum Holdings, Inc. (CSRH.OB) announced that it has created a new Division within the Company that will focus on providing financial services to consumers, employees and individuals within both the public and private sectors. This Division will operate in parallel with Consorteum�s existing divisions, which are application-specific �First Nations� and industry-specific �My Golf Rewards.�
The Consorteum Financial Services Division will be headed up by a leading expert within the banking and transaction processing industry who brings over 25 years of experience to the Company. He will be formally announced within the next 60 days. This new division will enable Consorteum to offer our targeted client base Point of Sale Terminals, ATM�s, Merchant Discount Rates, Prepaid Credit Cards, Gift, Payroll & Benefits Cards, Loyalty and Reward Programs, Project Management, Sales and Marketing.
Quent Rickerby, President & COO of Consorteum Holdings Inc., stated, �Consorteum generates recurring transactional revenues on every program we implement. By maintaining full control of all products and services launched, Consorteum is enabled to increase its revenue opportunity by an additional 10 to 15 percent.�
Consorteum has established a number of key relationships with major processors, point of sale providers, financial institutions, issuing banks, credit card associations and several key technology providers within the payment and processing industry, all of which will support products and services to be offered by the new Division. These partnership agreements will be announced in the forthcoming weeks.
Mr. Rickerby added, �All of our programs establish a direct long-term relationship with our customers by providing them robust, secure and reliable solutions. Consorteum will continue to expand our list of new and innovative products and services to our customer base that will drive increased revenues for the company.�
About Consorteum Holdings, Inc. (CSRH.OB)
Consorteum Holdings Inc.�s business strategy is to build on extensive expertise within the Payments and Transaction Industry in North America, Europe and Internationally. By identifying new technologies and trends in the changing global marketplace, Consorteum Holdings Inc. aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. Consorteum Holdings Inc. has built its reputation with one goal, �For our customers to look at us as partners, not just a technology provider.�
For more information on Consorteum Holdings, Inc. visit: www.consorteum.com
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company�s SEC filings. These risks and uncertainties could cause the company�s actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Consorteum Holdings Inc.
2900 John Street, Suite 202,
Markham, Ontario, Canada L3R 5G3
Telephone: +1 866 824 8854
investors@consorteum.com
Source: Consorteum Holdings Inc.
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