SOSUA BAY, Dominican Republic, April 26, 2010 (GLOBE NEWSWIRE) -- Proton Laboratories, Inc. (Pink Sheets:PLBI - News) announced today that it has posted additional information on OTCMarkets.com (formerly pinksheets.com) relating to its 12/31/09 balance sheet status having engaged the accounting firm of Davis Sita & Company P.A. of Greenbelt Maryland. We are working to bring all historical financial information together for 2009 and 2008 as required by OTCMarkets' guidelines by month end as we obtain additional data from past management.
About Proton Laboratories, Inc. and its wholly owned subsidiary Renenobody S.A:
REGENOBODY S.A., a wholly owned subsidiary of Proton Laboratories, Inc., brings the benefits of bioscience to patients who have been diagnosed with chronic debilitating diseases, offering viable, efficient therapeutic options with special Stem Cell Therapies utilizing the most potent cells in the world, today. Therapies are tailored for each individual, based upon their specific needs. Cells are obtained by the most modern technologic method. Their transplant physicians and stem cell laboratory scientists, in conjunction with RNL Bio, have been regarded as the best in the world. Stem cells derived from Autologous (Stem cells taken from your own body) and Allogeneic (Stem cells from a source other than your own) are used depending on the particular condition that needs to be treated. Treatments are delivered by an experienced team of International and U.S. Board Certified Physicians who are guided by strict protocols ensuring excellence in medical care.
About RNL BIO Company LTD:
RNL Bio is a premier biopharmaceutical company focused on development and commercialization of adult stem cell therapeutics and dog cloning technology. Headquartered in Seoul with state-of-the-art GMP facility, RNL is publicly traded company on the Korea Exchange (Code 003190) and strives to become a global leader across the biomedical industry.
FORWARD-LOOKING STATEMENT:
This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this report are made as of the date hereof and Caribbean Casino and Gaming Corporation undertakes no obligation to update such statements.
Thursday, April 29, 2010
Compassionate Therapeutic Solutions, LLC Rides the Booming Medical Marijuana Market
FULLERTON, Calif., April 29, 2010 (GLOBE NEWSWIRE) -- GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA - News) in conjunction with Compassionate Therapeutic Solutions, LLC, reported today that the medical marijuana market is booming. According to an article posted on CNBC.com, CNBC estimates that the marijuana industry is a $40 billion a year market (Source: http://classic.cnbc.com/id/36331495).
Medical marijuana is legal in 14 states: Colorado, California, Vermont, Washington, Alaska, Montana, Nevada, New Jersey, New Mexico, Oregon, Hawaii, Maine, Michigan and Rhode Island. Ballot measures or legislation allowing medical marijuana are pending in 14 additional states including Alabama, Delaware, Illinois, Iowa, Kansas, North Carolina, Pennsylvania, South Dakota, New York, Missouri, Maryland, Massachusetts, Tennessee and Wisconsin (Source: www.usatoday.com/money/industries/health/2010-04-20-medical-marijuana_N.htm).
An article by Rob Reuteman entitled, "Medical Marijuana Business is on Fire," appeared in USA Today and outlined the industry's recent rise. The article states that in the past six months, the number of patients and dispensaries has skyrocketed; it's estimated that more than 100,000 Colorado residents can legally purchase marijuana for medical use (Source: http://www.usatoday.com/).
The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).
Eugene Espinosa, President of GTLA, commented, "There are approximately 400 wellness centers in Denver, Colorado alone. Each center services between 500 and 1500 patients. Medical marijuana sells for $420.00 per ounce, and the average patient's purchase is 2 oz. of product per month. Therefore, a 1500-patient center will generate monthly revenues of $1,260,000 in product sales alone."
About GT Legend Automotive Holdings Inc.: GT Legend Automotive Holdings, Inc. is a Nevada research and development corporation. GTLA has acquired Compassionate Therapeutic Solutions.
About Compassionate Therapeutic Solutions, LLC: Compassionate Therapeutic Solutions, LLC is a multidisciplinary behavioral health care practice that offers mental health, substance abuse and primary caregiver services to communities of Colorado. The company's focus is to provide cost-effective quality treatment and to create, promote, and maintain a positive customer relationship with clients, associates and the community. One of the functions of the clinic is to provide comprehensive care to individuals who are registered and authorized to utilize medical marijuana.
Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
Medical marijuana is legal in 14 states: Colorado, California, Vermont, Washington, Alaska, Montana, Nevada, New Jersey, New Mexico, Oregon, Hawaii, Maine, Michigan and Rhode Island. Ballot measures or legislation allowing medical marijuana are pending in 14 additional states including Alabama, Delaware, Illinois, Iowa, Kansas, North Carolina, Pennsylvania, South Dakota, New York, Missouri, Maryland, Massachusetts, Tennessee and Wisconsin (Source: www.usatoday.com/money/industries/health/2010-04-20-medical-marijuana_N.htm).
An article by Rob Reuteman entitled, "Medical Marijuana Business is on Fire," appeared in USA Today and outlined the industry's recent rise. The article states that in the past six months, the number of patients and dispensaries has skyrocketed; it's estimated that more than 100,000 Colorado residents can legally purchase marijuana for medical use (Source: http://www.usatoday.com/).
The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).
Eugene Espinosa, President of GTLA, commented, "There are approximately 400 wellness centers in Denver, Colorado alone. Each center services between 500 and 1500 patients. Medical marijuana sells for $420.00 per ounce, and the average patient's purchase is 2 oz. of product per month. Therefore, a 1500-patient center will generate monthly revenues of $1,260,000 in product sales alone."
About GT Legend Automotive Holdings Inc.: GT Legend Automotive Holdings, Inc. is a Nevada research and development corporation. GTLA has acquired Compassionate Therapeutic Solutions.
About Compassionate Therapeutic Solutions, LLC: Compassionate Therapeutic Solutions, LLC is a multidisciplinary behavioral health care practice that offers mental health, substance abuse and primary caregiver services to communities of Colorado. The company's focus is to provide cost-effective quality treatment and to create, promote, and maintain a positive customer relationship with clients, associates and the community. One of the functions of the clinic is to provide comprehensive care to individuals who are registered and authorized to utilize medical marijuana.
Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
Tuesday, April 27, 2010
TrustCash Adds Referral Business Model as New Revenue Stream
ATLANTA, GA--(Marketwire - 04/27/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH" or the "Company") (Pinksheets:TCHH - News) -- The Company confirms today that it has recently executed referral agreements with third party credit card processors.
These arrangements, amongst other factors, will allow TrustCash to provide online merchants a payment solution regardless of transaction volume.
Management believes this new business model makes the Company more competitive.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
These arrangements, amongst other factors, will allow TrustCash to provide online merchants a payment solution regardless of transaction volume.
Management believes this new business model makes the Company more competitive.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Monday, April 26, 2010
Therma-Med Inc. Diverse Business Model Objectives Gain Momentum
BEVERLY HILLS, CA--(Marketwire - 04/26/10) - Through recent economical instability, Therma-Med Inc. (Pinksheets:THRA - News) has successfully continued with their business model of seeking out and acquiring Wellness Clinics, implementing their state-of-the-art technology and medical support systems, and have now expanded the business plan by entering the nutraceutical and wellness products market.
The company has strategically chosen to enter this sector of business knowing that demand for nutraceutical ingredients worldwide is projected to grow at a rate 6% annually as the baby boomers population continues to get older. The company has recently gone 'live' with its online ecommerce shop (http://www.therma-medinc.com/) of providing its own branding of nutraceutical products, along with the company's implementation of the DITI (Digital Infrared Thermal Imaging) services to the recently acquired 'Bella Vita clinic', the company believes that its business model targets all avenues of the wellness center approach by acquiring clinics, implementing the DITI services and then selling its own brand of nutraceuticals for a one stop shop wellness approach.
The company is currently seeking further clinics to acquire in which it can implement its business model and will announce them to its shareholders as negotiations are finalized. The company plans to upload its recent quarterly financials on http://www.pinksheets.com/ in the upcoming weeks.
About Therma-Med Inc.:
Therma-Med Inc. provides alternative medicinal procedures, premium nutritional supplements, medicinal products and current medical support services by making them available to patients through their clinics and online through e-commerce purchasing applications. Therma-Med Inc., through highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med Inc. utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.
Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend,""believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
The company has strategically chosen to enter this sector of business knowing that demand for nutraceutical ingredients worldwide is projected to grow at a rate 6% annually as the baby boomers population continues to get older. The company has recently gone 'live' with its online ecommerce shop (http://www.therma-medinc.com/) of providing its own branding of nutraceutical products, along with the company's implementation of the DITI (Digital Infrared Thermal Imaging) services to the recently acquired 'Bella Vita clinic', the company believes that its business model targets all avenues of the wellness center approach by acquiring clinics, implementing the DITI services and then selling its own brand of nutraceuticals for a one stop shop wellness approach.
The company is currently seeking further clinics to acquire in which it can implement its business model and will announce them to its shareholders as negotiations are finalized. The company plans to upload its recent quarterly financials on http://www.pinksheets.com/ in the upcoming weeks.
About Therma-Med Inc.:
Therma-Med Inc. provides alternative medicinal procedures, premium nutritional supplements, medicinal products and current medical support services by making them available to patients through their clinics and online through e-commerce purchasing applications. Therma-Med Inc., through highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med Inc. utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.
Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend,""believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Sunday, April 25, 2010
TCHH Completes Phase 2 of Plan for Its Mobile Payment Services; Global Mobile Payments Market Estimated at $860 Billion by 2013
ATLANTA, GA--(Marketwire - 04/23/10) - TRUSTCASH HOLDINGS, INC. ("TrustCash" or the "Company") (Pinksheets:TCHH - News) today announces it has recently received the Software Development Plan (the Plan) from Ajay Hans completing phase two of the Company's planning and development of a comprehensive product for the Mobile Payments Market. The plan includes detailed description, technical diagrams and budget for the development of a single platform for WAP rendering, mobile billing, taxation and payments.
TrustCash Management stated: "On the heels of testing our product for the iPhone, reaching this milestone is a key step forward. Coordination of key personnel and development teams is the next step to ensure the successful execution of this software development plan."
The use of the mobile phone is the next significant step in the evolution in the payments industry -- representing another growth opportunity for TrustCash.
MOBILE PAYMENTS MARKET SIZE
The world wide market size for mobile payments is estimated at $860 Billion by 2013 (see link below).
(http://www.geek.com/articles/news/report-predicts-860-billion-in-mobile-payments-by-2013-2009032)
With approximately 230 million mobile subscribers in the United States (over 70 percent of the U.S. population), mobile payments are on the horizon of the payment industry.
In a recent survey conducted by Visa USA of 800 consumers, 77 percent of respondents admitted that it would be difficult to get through a single day without their mobile phones, and more than 50 percent preferred to have more electronic payment options so they do not have to carry cash. According to the study, survey respondents are twice as likely to carry their mobile phones, than cash, with the 18 to 34 year old age group four times more likely to carry mobile phones.
Management comments, "With a clear technology plan in hand we feel the next step is to find a Beta partner to develop our mobile solution with. Our mobile solution should open the door to more growth."
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
TrustCash Management stated: "On the heels of testing our product for the iPhone, reaching this milestone is a key step forward. Coordination of key personnel and development teams is the next step to ensure the successful execution of this software development plan."
The use of the mobile phone is the next significant step in the evolution in the payments industry -- representing another growth opportunity for TrustCash.
MOBILE PAYMENTS MARKET SIZE
The world wide market size for mobile payments is estimated at $860 Billion by 2013 (see link below).
(http://www.geek.com/articles/news/report-predicts-860-billion-in-mobile-payments-by-2013-2009032)
With approximately 230 million mobile subscribers in the United States (over 70 percent of the U.S. population), mobile payments are on the horizon of the payment industry.
In a recent survey conducted by Visa USA of 800 consumers, 77 percent of respondents admitted that it would be difficult to get through a single day without their mobile phones, and more than 50 percent preferred to have more electronic payment options so they do not have to carry cash. According to the study, survey respondents are twice as likely to carry their mobile phones, than cash, with the 18 to 34 year old age group four times more likely to carry mobile phones.
Management comments, "With a clear technology plan in hand we feel the next step is to find a Beta partner to develop our mobile solution with. Our mobile solution should open the door to more growth."
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Thursday, April 22, 2010
TrustCash Begins Testing of WAP Enabled TrustCash Payment Technology for iPhone
ATLANTA, GA--(Marketwire - 04/22/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today confirms that together with its client Fluidcast, http://www.fluidcast.net/, TrustCash has begun testing a WAP enabled version of the TrustCash payment technology. Fluidcast agreed to be our beta partner for testing in conjunction with Fluidcast's development of pay for use streaming video delivery to mobile. The iPhone is the first platform to be tested. Once testing is successfully completed the TrustCash checkout process will be compatible with100's of WAP enabled phones.
To view the Fluidcast and TrustCash test pages on your iPhone go to:
http://fluidcast.net/demo/mobile/logged.php#Home
http://fluidcast.net/demo/mobile//trustcash_login.php?mode=acc
About Wireless Access Protocol (WAP)
WAP is an open international standard for application-layer network communications in a wireless-communication environment. Most use of WAP involves accessing the mobile web from a mobile phone or from a PDA.
A WAP browser provides all of the basic services of a computer-based web browser but simplified to operate within the restrictions of a mobile phone, such as its smaller view screen. Users can connect to WAP sites: websites written in, or dynamically converted to, WML (Wireless Markup Language) and accessed via the WAP browser.
To find out more go to: http://en.wikipedia.org/wiki/Wireless_Application_Protocol
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
To view the Fluidcast and TrustCash test pages on your iPhone go to:
http://fluidcast.net/demo/mobile/logged.php#Home
http://fluidcast.net/demo/mobile//trustcash_login.php?mode=acc
About Wireless Access Protocol (WAP)
WAP is an open international standard for application-layer network communications in a wireless-communication environment. Most use of WAP involves accessing the mobile web from a mobile phone or from a PDA.
A WAP browser provides all of the basic services of a computer-based web browser but simplified to operate within the restrictions of a mobile phone, such as its smaller view screen. Users can connect to WAP sites: websites written in, or dynamically converted to, WML (Wireless Markup Language) and accessed via the WAP browser.
To find out more go to: http://en.wikipedia.org/wiki/Wireless_Application_Protocol
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Therma-Med Inc. Launches On-Line Product Purchasing Application
BEVERLY HILLS, CA--(Marketwire - 04/22/10) - Therma-Med Inc. (Pinksheets:THRA - News) announces the implementation of their on-line product ordering system which brings forth another avenue to realize the company's mission of providing top of the line supplements and wellness products to medical professionals at the clinic level, and now to the general public through on-line purchasing.
Therma-Med Inc. continues to focus on seeking out only the highest quality wellness products, and will continue to add high end, in demand commodities to their product repertoire, while providing the highest standards in order fulfillment and shipping logistics. Initial products available go hand in hand with treatments provided at wellness clinics such as, immune system boosting formulas, calcium, stress reducing supplements and bone and joint health products.
Therma-Med Inc. management recently expressed their enthusiasm to have now officially entered the nutraceutical and wellness products market:
"We are very optimistic that our newly implemented on-line product ordering system will create a steady stream of revenue as our product line continues to grow and be more accessible to professionals as well as every day people." Joshua Suarez - President
Log on to http://www.therma-medinc.com to shop on-line and for updates on future product availability.
About Therma-Med Inc.:
Therma-Med Inc. provides alternative medicinal procedures, premium nutritional supplements, medicinal products and current medical support services by making them available to patients through their clinics and online through e-commerce purchasing applications. Therma-Med Inc., through highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med Inc. utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.
Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Therma-Med Inc. continues to focus on seeking out only the highest quality wellness products, and will continue to add high end, in demand commodities to their product repertoire, while providing the highest standards in order fulfillment and shipping logistics. Initial products available go hand in hand with treatments provided at wellness clinics such as, immune system boosting formulas, calcium, stress reducing supplements and bone and joint health products.
Therma-Med Inc. management recently expressed their enthusiasm to have now officially entered the nutraceutical and wellness products market:
"We are very optimistic that our newly implemented on-line product ordering system will create a steady stream of revenue as our product line continues to grow and be more accessible to professionals as well as every day people." Joshua Suarez - President
Log on to http://www.therma-medinc.com to shop on-line and for updates on future product availability.
About Therma-Med Inc.:
Therma-Med Inc. provides alternative medicinal procedures, premium nutritional supplements, medicinal products and current medical support services by making them available to patients through their clinics and online through e-commerce purchasing applications. Therma-Med Inc., through highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med Inc. utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.
Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Tuesday, April 20, 2010
SEVA and Hackett's Stores, Inc. in Discussions With Xiamen, China-Based Consulting Company to Source Manufacturers for New WiseBuys Venture
WiseBuys Pay-at-Scan Venture With Partner ACG Consulting Developing Merchandise Sourcing Network
SACKETS HARBOR, N.Y., April 20, 2010 (GLOBE NEWSWIRE) -- Hackett's Stores, Inc. (Pink Sheets:HCKI - News), a holding of Seaway Valley Capital Corporation (Pink Sheets:SEVA - News), is pleased to announce that it has begun discussions with a Xiamen-based consulting group to develop Chinese manufacturing sources for its recently announced pay-at-scan venture, WiseBuys. Located across the strait from Taiwan, Xiamen's key manufacturing industries relevant to the proposed venture include electronics, pharmaceuticals, textiles, foodstuffs, and building materials among others.
WiseBuys President and CEO, Herbert Becker stated, "Seaway Valley has been laying the groundwork for this deal for many months, so these relationships haven't been formed over night." Mr. Becker continued, "China was a logical place to start since it provides such a large percentage of the consumer products currently in the U.S. retail network, but the venture will look to include manufacturing companies around the globe and in the United States."
The Xiamen-based relationship was developed with the assistance of ACG Consulting, with which the company recently executed a letter of intent to raise $7 million in new capital to fund WiseBuys and a separate software development company in conjunction with the formation of a joint venture EB-5 Region Center.
WiseBuys intends to develop a new discount retail concept wherein all merchandise is placed in each new store on consignment, which is referred to "pay-at-scan." The new business will seek partnering directly with manufacturers both in the United States and abroad. Merchandise being sought by WiseBuys would most likely be discounted obsolete or "over run" merchandise, and specialized software will enable each manufacturing partner to directly monitor its inventory, sales, and cash proceeds in a secured network environment. WiseBuys intends to open outlets only in larger population centers initially in the Northeast United States and in spaces greater than 50,000 square feet. WiseBuys will only open new stores where realistic target annual sales per square foot will be at $250 or greater.
Safe Harbor Statement
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
SACKETS HARBOR, N.Y., April 20, 2010 (GLOBE NEWSWIRE) -- Hackett's Stores, Inc. (Pink Sheets:HCKI - News), a holding of Seaway Valley Capital Corporation (Pink Sheets:SEVA - News), is pleased to announce that it has begun discussions with a Xiamen-based consulting group to develop Chinese manufacturing sources for its recently announced pay-at-scan venture, WiseBuys. Located across the strait from Taiwan, Xiamen's key manufacturing industries relevant to the proposed venture include electronics, pharmaceuticals, textiles, foodstuffs, and building materials among others.
WiseBuys President and CEO, Herbert Becker stated, "Seaway Valley has been laying the groundwork for this deal for many months, so these relationships haven't been formed over night." Mr. Becker continued, "China was a logical place to start since it provides such a large percentage of the consumer products currently in the U.S. retail network, but the venture will look to include manufacturing companies around the globe and in the United States."
The Xiamen-based relationship was developed with the assistance of ACG Consulting, with which the company recently executed a letter of intent to raise $7 million in new capital to fund WiseBuys and a separate software development company in conjunction with the formation of a joint venture EB-5 Region Center.
WiseBuys intends to develop a new discount retail concept wherein all merchandise is placed in each new store on consignment, which is referred to "pay-at-scan." The new business will seek partnering directly with manufacturers both in the United States and abroad. Merchandise being sought by WiseBuys would most likely be discounted obsolete or "over run" merchandise, and specialized software will enable each manufacturing partner to directly monitor its inventory, sales, and cash proceeds in a secured network environment. WiseBuys intends to open outlets only in larger population centers initially in the Northeast United States and in spaces greater than 50,000 square feet. WiseBuys will only open new stores where realistic target annual sales per square foot will be at $250 or greater.
Safe Harbor Statement
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
Monday, April 19, 2010
TrustCash Signs Definitive Agreement to Acquire 25% of Alligato, Inc.
ATLANTA, GA--(Marketwire - 04/19/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today announces it has signed a Definitive Agreement for the acquisition of 25% of Alligato Inc.
This acquisition of an equity stake in Alligato strengthens the partnership between the two companies, potentially allowing additional avenues towards growth to be implemented.
The acquisition is structured as an exchange of restricted common stock.
TrustCash Management comments: "The Company looks forward to the closing of this acquisition, which is expected shortly."
Alligato markets its service under the http://www.celllongdistance.com/ brand.
Alligato™ delivers the most sophisticated, comprehensive voice 2.0 platform available. The technology infrastructure provides the first truly open access to carrier-grade telecom functionality with hardware, software and network capacity to lower the cost of cell phone long distance from the wireless network to the Public Switched Telephone Network (PSTN) as an on-demand, fully hosted and managed service in a CaaS (Communications as a Service) model.
The Alligato service enables large member based organizations, existing service providers, application providers and web communities, to provide cell phone long distance for their customers and members with greater quality and at significantly lower costs (up to 90% savings).
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
About TrustCash
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
This acquisition of an equity stake in Alligato strengthens the partnership between the two companies, potentially allowing additional avenues towards growth to be implemented.
The acquisition is structured as an exchange of restricted common stock.
TrustCash Management comments: "The Company looks forward to the closing of this acquisition, which is expected shortly."
Alligato markets its service under the http://www.celllongdistance.com/ brand.
Alligato™ delivers the most sophisticated, comprehensive voice 2.0 platform available. The technology infrastructure provides the first truly open access to carrier-grade telecom functionality with hardware, software and network capacity to lower the cost of cell phone long distance from the wireless network to the Public Switched Telephone Network (PSTN) as an on-demand, fully hosted and managed service in a CaaS (Communications as a Service) model.
The Alligato service enables large member based organizations, existing service providers, application providers and web communities, to provide cell phone long distance for their customers and members with greater quality and at significantly lower costs (up to 90% savings).
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
About TrustCash
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Sunday, April 18, 2010
TrustCash to Upgrade Website to New 4.0 Version With Consumer Features
ATLANTA, GA--(Marketwire - 04/16/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) announced today plans to launch a 4.0 version of its TrustCash website.
Management stated, "As a result of the response to our online survey and other factors, TrustCash is going into a new development cycle to upgrade its website with a multitude of consumer features, including user friendly demos. We look forward to bringing our products to the consumer and wish to thank all that have responded to our survey to date."
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.TrustCash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Management stated, "As a result of the response to our online survey and other factors, TrustCash is going into a new development cycle to upgrade its website with a multitude of consumer features, including user friendly demos. We look forward to bringing our products to the consumer and wish to thank all that have responded to our survey to date."
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.TrustCash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Thursday, April 15, 2010
MATECH Corp. Discusses: Alabama Invests $1 Billion into Repairing State Roads and Bridges
LOS ANGELES--(BUSINESS WIRE)--MATECH Corp. (OTCBB: MTCH - News) (MATECH) announces that the Alabama House has passed a bill to inject $1 billion into repairing the state’s roads and bridges, as well as new road and bridge construction.
Though amended heavily since the bill passed the State Senate and went to the House, Democratic Rep. Billy Beasley of Clayton stated that he agreed to all the amendments in an attempt to keep the bill alive due to his serious concern over the state’s aging roads and bridges.
Recently, Massachusetts had also passed a similar measure, devoting over $3 billion to tackle its own infrastructure problem. In 2009, President Obama signed the landmark $787 billion federal stimulus program.
“Alabama, like the rest of the nation, has significant infrastructural concerns and needs to begin to take serious steps to fix its ailing roads and bridges,” said Tony Cataldo, CEO of MATECH Corp. “Less than a week ago we informed our shareholders that the state of Massachusetts had devoted $3 billion to rapid its aging infrastructure. It seems clear that states are beginning to invest a significant share of the federal stimulus program into rebuilding and revitalizing their roads and bridges. We look forward to continuing to work with these states on their efforts. We are confident that such increases in bridge repair spending will translate into increased contracts using our revolutionary Electrochemical Fatigue Sensor (EFS).”
MATECH’s revolutionary Electrochemical Fatigue Sensor (EFS) System has proven its efficacy on over 35 bridges in 10 different states and on railroads across the nation. The leader in bridge crack detection technology, MATECH’s EFS is the only non-destructive method able to detect growing cracks in bridges as small as 0.01 inches.
About MATECH
MATECH Corp., formerly Material Technologies, Inc., was founded in 1983 and is based in Los Angeles. It is an engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue. The Company has already completed significant work for the federal government -- generating $8.3 million to develop technology to detect metal fatigue in aircraft. It has also received $5 million in private investments. Building on that base, it is now marketing its technologies to companies and government agencies involved in the inspection of metal highway and railroad bridges. To learn more, go to www.matechcorp.com.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Though amended heavily since the bill passed the State Senate and went to the House, Democratic Rep. Billy Beasley of Clayton stated that he agreed to all the amendments in an attempt to keep the bill alive due to his serious concern over the state’s aging roads and bridges.
Recently, Massachusetts had also passed a similar measure, devoting over $3 billion to tackle its own infrastructure problem. In 2009, President Obama signed the landmark $787 billion federal stimulus program.
“Alabama, like the rest of the nation, has significant infrastructural concerns and needs to begin to take serious steps to fix its ailing roads and bridges,” said Tony Cataldo, CEO of MATECH Corp. “Less than a week ago we informed our shareholders that the state of Massachusetts had devoted $3 billion to rapid its aging infrastructure. It seems clear that states are beginning to invest a significant share of the federal stimulus program into rebuilding and revitalizing their roads and bridges. We look forward to continuing to work with these states on their efforts. We are confident that such increases in bridge repair spending will translate into increased contracts using our revolutionary Electrochemical Fatigue Sensor (EFS).”
MATECH’s revolutionary Electrochemical Fatigue Sensor (EFS) System has proven its efficacy on over 35 bridges in 10 different states and on railroads across the nation. The leader in bridge crack detection technology, MATECH’s EFS is the only non-destructive method able to detect growing cracks in bridges as small as 0.01 inches.
About MATECH
MATECH Corp., formerly Material Technologies, Inc., was founded in 1983 and is based in Los Angeles. It is an engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue. The Company has already completed significant work for the federal government -- generating $8.3 million to develop technology to detect metal fatigue in aircraft. It has also received $5 million in private investments. Building on that base, it is now marketing its technologies to companies and government agencies involved in the inspection of metal highway and railroad bridges. To learn more, go to www.matechcorp.com.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
TrustCash to Translate Website Into Spanish, French, German
ATLANTA, GA--(Marketwire - 04/15/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today confirmed that after meeting with Moreno Aguiari, the President of PCI Translations (http://www.pcitranslations.com/clients.php?action=show) and reviewing their previous work, TrustCash intends to use PCI Translations to translate the TrustCash website.
PCI is able to translate the TrustCash website into 26 languages.
The website translation priorities for TrustCash are Spanish, French and German.
The Company looks forward to the opportunities these planned translations may create.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
PCI is able to translate the TrustCash website into 26 languages.
The website translation priorities for TrustCash are Spanish, French and German.
The Company looks forward to the opportunities these planned translations may create.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Wednesday, April 14, 2010
MATECH Corp. Discusses How Over 90% of Cracks in Bridges are Missed During Visual Inspections According to Federal Studies
MATECH’s Electrochemical Fatigue Sensor Provides Advanced and Reliable Solution to Detect Cracks in Bridges, and Prevent Potential Catastrophe
LOS ANGELES--(BUSINESS WIRE)--MATECH Corp. (OTCBB:MTCH) (MATECH) announced today that its revolutionary Electrochemical Fatigue Sensor (EFS) provides the advanced objective reporting capability necessary to secure the nation’s infrastructure and thwart economic and humanitarian catastrophe. MATECH’s EFS system is the only nondestructive technology capable of detecting growing cracks as small as 0.01 inches in metal bridges and structures.
The most common method of bridge inspection is visual inspection, which relies on the subjective judgment of the inspector. Using this method 90% of fatigue cracks are missed, and 80% of identified “cracks” later prove to be false-positives, according to government reports. By taking the subjectivity out of the inspection process, MATECH’s EFS technology offers a unique technologically advanced solution compared to current unsafe and unreliable methods of bridge inspection.
“Subjective methods of inspection such as visual inspection are simply unreliable compared with advanced technological solutions like our EFS System,” said Tony Cataldo, CEO of MATECH Corp. “No matter how skilled and thorough an inspector, the possibility for human error is always too great. Experienced bridge inspectors have even called their own work into question, raising serious doubts about the validity and safety of current bridge inspection methods.”
Investigations by news organizations have found various discrepancies between identical forms composed during the inspection process and the forms later submitted to the state. Incorrect or missing measurements have also shown to be an issue.
MATECH's EFS™ has proven its efficacy on over 35 bridges in 10 different states across the nation, as well as several railroad bridges.
About MATECH
MATECH Corp, founded in 1983, is an engineering, research and development company based in Los Angeles, CA. The Company specializes in technologies to measure microscopic fractures in metal structures. MATECH is now marketing its patented Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally. To learn more, please visit: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fus.lrd.yahoo.com%2F_ylt%3DAgO8zNYkegx.SNsLpJ7tv8qtcq9_%3B_ylu%3DX3oDMTE2cGkwcnFhBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3bWF0ZWNoY29y%2FSIG%3D10v2btt09%2F**http%253A%2Fwww.matechcorp.com%2F&esheet=6248731&lan=en_US&anchor=www.matechcorp.com&index=2&md5=bc32fd7bb0245f91df8824ad896dfe9d
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
LOS ANGELES--(BUSINESS WIRE)--MATECH Corp. (OTCBB:MTCH) (MATECH) announced today that its revolutionary Electrochemical Fatigue Sensor (EFS) provides the advanced objective reporting capability necessary to secure the nation’s infrastructure and thwart economic and humanitarian catastrophe. MATECH’s EFS system is the only nondestructive technology capable of detecting growing cracks as small as 0.01 inches in metal bridges and structures.
The most common method of bridge inspection is visual inspection, which relies on the subjective judgment of the inspector. Using this method 90% of fatigue cracks are missed, and 80% of identified “cracks” later prove to be false-positives, according to government reports. By taking the subjectivity out of the inspection process, MATECH’s EFS technology offers a unique technologically advanced solution compared to current unsafe and unreliable methods of bridge inspection.
“Subjective methods of inspection such as visual inspection are simply unreliable compared with advanced technological solutions like our EFS System,” said Tony Cataldo, CEO of MATECH Corp. “No matter how skilled and thorough an inspector, the possibility for human error is always too great. Experienced bridge inspectors have even called their own work into question, raising serious doubts about the validity and safety of current bridge inspection methods.”
Investigations by news organizations have found various discrepancies between identical forms composed during the inspection process and the forms later submitted to the state. Incorrect or missing measurements have also shown to be an issue.
MATECH's EFS™ has proven its efficacy on over 35 bridges in 10 different states across the nation, as well as several railroad bridges.
About MATECH
MATECH Corp, founded in 1983, is an engineering, research and development company based in Los Angeles, CA. The Company specializes in technologies to measure microscopic fractures in metal structures. MATECH is now marketing its patented Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally. To learn more, please visit: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fus.lrd.yahoo.com%2F_ylt%3DAgO8zNYkegx.SNsLpJ7tv8qtcq9_%3B_ylu%3DX3oDMTE2cGkwcnFhBHBvcwMxBHNlYwNuZXdzQXJ0Qm9keQRzbGsDd3d3bWF0ZWNoY29y%2FSIG%3D10v2btt09%2F**http%253A%2Fwww.matechcorp.com%2F&esheet=6248731&lan=en_US&anchor=www.matechcorp.com&index=2&md5=bc32fd7bb0245f91df8824ad896dfe9d
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Nature's Peak Announces It Is Now Accepting Consumer Orders Through Its Website
Nature's Peak will now begin accepting consumer orders directly through its website at www.NaturesPeak.com
SANTA CRUZ, Calif., April 14 /PRNewswire-FirstCall/ -- Nature's Peak / Everock, Inc. (Pink Sheets:EVRN.pk - News) announced today that it will now begin accepting consumer orders directly through its website for delivery in May.
Paul Wilkinson, CEO of Nature's Peak / Everock, said, "As we begin to fill orders for distributors and retailers in May we will now start accepting orders directly from consumers. We will fill the consumer orders in May right along side and with the distributor's orders."
Shoppers will be able to put together a selection of personal favorites from the entire line of VeggieDip and VeggieSpread varieties. There is no minimum order size so consumers can order a single jar or a multi-jar sampler pack. We are excited that folks who want our delicious vegetable dips and spreads can now enjoy them wherever they live.
Wilkinson continued, "This is part of our 2010 roll-out. We believe that getting the product in the hands of the consumers is a proactive step in supporting our sales efforts. It will help us further develop consumer awareness of the Nature's Peak brand, which will in turn assist in our retailer and distributor placement."
About Nature's Peak / Everock:
Nature's Peak produces a line of all-natural gourmet vegetable dips and sandwich spreads marketed under the Nature's Peak brand.
Both VeggieDip and VeggieSpread are 100% all-natural, vegetarian, Kosher and gluten-free, and contain no preservatives, artificial ingredients, trans-fats, or sugars. There are six flavors in each product line, including novel delicious flavor combinations.
Nature's Peak products are marketed through its Master Broker to natural food stores, specialty groceries as well as regional and national grocery chains. Our products will also be available to restaurants, delis and other food service providers across America.
Visit our website at http://www.naturespeak.com/ to learn more about our products and to discover new and delicious recipe ideas.
Forward Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These statements are identified as any statement that does not relate strictly to historical or current facts. They use words such as "anticipates," "intends," "plans," "expects," "will," and other words and phrases of similar meaning. In all cases, a broad variety of assumptions can affect the realization of the expectations or forecasts in those statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements. Consequently, no forward-looking statement can be guaranteed. Actual future results may vary materially.
SANTA CRUZ, Calif., April 14 /PRNewswire-FirstCall/ -- Nature's Peak / Everock, Inc. (Pink Sheets:EVRN.pk - News) announced today that it will now begin accepting consumer orders directly through its website for delivery in May.
Paul Wilkinson, CEO of Nature's Peak / Everock, said, "As we begin to fill orders for distributors and retailers in May we will now start accepting orders directly from consumers. We will fill the consumer orders in May right along side and with the distributor's orders."
Shoppers will be able to put together a selection of personal favorites from the entire line of VeggieDip and VeggieSpread varieties. There is no minimum order size so consumers can order a single jar or a multi-jar sampler pack. We are excited that folks who want our delicious vegetable dips and spreads can now enjoy them wherever they live.
Wilkinson continued, "This is part of our 2010 roll-out. We believe that getting the product in the hands of the consumers is a proactive step in supporting our sales efforts. It will help us further develop consumer awareness of the Nature's Peak brand, which will in turn assist in our retailer and distributor placement."
About Nature's Peak / Everock:
Nature's Peak produces a line of all-natural gourmet vegetable dips and sandwich spreads marketed under the Nature's Peak brand.
Both VeggieDip and VeggieSpread are 100% all-natural, vegetarian, Kosher and gluten-free, and contain no preservatives, artificial ingredients, trans-fats, or sugars. There are six flavors in each product line, including novel delicious flavor combinations.
Nature's Peak products are marketed through its Master Broker to natural food stores, specialty groceries as well as regional and national grocery chains. Our products will also be available to restaurants, delis and other food service providers across America.
Visit our website at http://www.naturespeak.com/ to learn more about our products and to discover new and delicious recipe ideas.
Forward Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These statements are identified as any statement that does not relate strictly to historical or current facts. They use words such as "anticipates," "intends," "plans," "expects," "will," and other words and phrases of similar meaning. In all cases, a broad variety of assumptions can affect the realization of the expectations or forecasts in those statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements. Consequently, no forward-looking statement can be guaranteed. Actual future results may vary materially.
Tuesday, April 13, 2010
MATECH Corp. Announces That North Carolina Bridge Closed Due to Deep Cracking
LOS ANGELES--(BUSINESS WIRE)--MATECH Corp. (OTCBB: MTCH - News) (MATECH) announces that a Davidson County, N.C. bridge was shut down after an inspection discovered several safety concerns including extreme cracks in the structure and weakening concrete, according to a report by Fox News. Known as the “Wilcox Bridge”, this historic bridge has carried traffic over the Yadkin River since the 1920s.
According to the Federal Highway Administration (FHA), 25% of bridges are structurally deficient or functionally obsolete meaning they are not designed to handle current traffic levels or need major repairs. Furthermore, current inspection methods are outdated and unreliable. The FHA estimates that 90% of cracks are missed during routine inspections, thus increasing the likelihood of a bridge failure and possible collapse.
MATECH’s Electrochemical Fatigue Sensor technology offers opportunity as a cost effective solution to this infrastructure crises. MATECH EFS has proven its efficacy on over 35 bridges in 10 different states, and not only protects citizens, but it curbs costs as well. With over 80% of “cracks” found by inspectors later shown to be false positives, MATECH eliminates unnecessary costs by eliminating unnecessary repairs.
“Despite the $400 million spent on inspection every year, somewhere in America a bridge fails every week,” stated Tony Cataldo, Chairman & CEO of MATECH Corp. “The communities home to these small- to medium-size steel bridges pay a high price for their failure [closure and/or collapse] –not only in terms of traffic congestion and economic productivity, but too often in human lives as well. It is therefore our mission at MATECH to continue to work to provide a cost-effective solution to our nation’s infrastructure crises.”
About MATECH
MATECH Corp, founded in 1983, is an engineering, research and development company based in Los Angeles, CA. The Company specializes in technologies to detect microscopic fractures in metal structures. MATECH is marketing its patented Electrochemical Fatigue Sensor (EFS), which finds growing fatigue cracks, and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally. To lean more, please visit: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.matechcorp.com&esheet=6246980&lan=en_US&anchor=www.matechcorp.com&index=1&md5=2e9625945318028c86d3d997e282da9b
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as “believe,” “will,” “breakthrough,” “significant,” “indicated,” “feel,” “revolutionary,” “should,” “ideal,” “extremely,” and “excited.” These statements are made under “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company’s filings with the Securities and Exchange Commission including, without limitation, the Company’s recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in forward-looking statements.
According to the Federal Highway Administration (FHA), 25% of bridges are structurally deficient or functionally obsolete meaning they are not designed to handle current traffic levels or need major repairs. Furthermore, current inspection methods are outdated and unreliable. The FHA estimates that 90% of cracks are missed during routine inspections, thus increasing the likelihood of a bridge failure and possible collapse.
MATECH’s Electrochemical Fatigue Sensor technology offers opportunity as a cost effective solution to this infrastructure crises. MATECH EFS has proven its efficacy on over 35 bridges in 10 different states, and not only protects citizens, but it curbs costs as well. With over 80% of “cracks” found by inspectors later shown to be false positives, MATECH eliminates unnecessary costs by eliminating unnecessary repairs.
“Despite the $400 million spent on inspection every year, somewhere in America a bridge fails every week,” stated Tony Cataldo, Chairman & CEO of MATECH Corp. “The communities home to these small- to medium-size steel bridges pay a high price for their failure [closure and/or collapse] –not only in terms of traffic congestion and economic productivity, but too often in human lives as well. It is therefore our mission at MATECH to continue to work to provide a cost-effective solution to our nation’s infrastructure crises.”
About MATECH
MATECH Corp, founded in 1983, is an engineering, research and development company based in Los Angeles, CA. The Company specializes in technologies to detect microscopic fractures in metal structures. MATECH is marketing its patented Electrochemical Fatigue Sensor (EFS), which finds growing fatigue cracks, and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally. To lean more, please visit: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.matechcorp.com&esheet=6246980&lan=en_US&anchor=www.matechcorp.com&index=1&md5=2e9625945318028c86d3d997e282da9b
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as “believe,” “will,” “breakthrough,” “significant,” “indicated,” “feel,” “revolutionary,” “should,” “ideal,” “extremely,” and “excited.” These statements are made under “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company’s filings with the Securities and Exchange Commission including, without limitation, the Company’s recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in forward-looking statements.
TrustCash Successfully Launches TrustCash Direct
ATLANTA, GA--(Marketwire - 04/13/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today proudly announces the soft launch of its TrustCash Direct http://www.trustcash.com/products_direct.php product for merchants located in the United States.
Initial data shows the product is being adopted as a payment/checkout method on a voluntary basis with almost no consumer driven marketing. The Company expects more success as TrustCash Direct is marketed to more merchants and the benefits of an easy to use chargeback free product are realized.
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ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Initial data shows the product is being adopted as a payment/checkout method on a voluntary basis with almost no consumer driven marketing. The Company expects more success as TrustCash Direct is marketed to more merchants and the benefits of an easy to use chargeback free product are realized.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Monday, April 12, 2010
TrustCash Achieves Compliance for the Payment Card Industry (PCI) Data Security Standard
ATLANTA, GA--(Marketwire - 04/12/10) - TrustCash Holdings, Inc. ("TrustCash" or the "Company") (Pinksheets:TCHH - News) proudly announced that it is compliant with the PCI scan validation requirements. To earn validation of PCI compliance, network devices being audited must pass tests that probe all of the known methods hackers use to access private information, in addition to vulnerabilities that would allow malicious software (i.e. viruses and worms) to gain access to or disrupt the network devices being tested.
PCI COMPLIANCE
Signifies network devices are compliant with the remote vulnerability audit requirements of the Payment Card Industry Data Security Standard (PCI-DSS), Visa USA's Cardholder Information Security Program (CISP), Visa International's Account Information Security (AIS) program, MasterCard International's Site Data Protection (SDP) program, the American Express Data Security Standards (DSS), and Discover Card's DISC program.
TrustCash Management comments, "There are layers of danger facing companies that handle customer financial and personal data. Fraud is a major security concern for online retailers as techniques for misappropriating secured customer data becomes ever more sophisticated. Our PCI compliance for conducting online transactions offers our merchants and the customers they serve a strong sense of comfort."
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
PCI COMPLIANCE
Signifies network devices are compliant with the remote vulnerability audit requirements of the Payment Card Industry Data Security Standard (PCI-DSS), Visa USA's Cardholder Information Security Program (CISP), Visa International's Account Information Security (AIS) program, MasterCard International's Site Data Protection (SDP) program, the American Express Data Security Standards (DSS), and Discover Card's DISC program.
TrustCash Management comments, "There are layers of danger facing companies that handle customer financial and personal data. Fraud is a major security concern for online retailers as techniques for misappropriating secured customer data becomes ever more sophisticated. Our PCI compliance for conducting online transactions offers our merchants and the customers they serve a strong sense of comfort."
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Sunday, April 11, 2010
MATECH Corp.: Massachusetts Devotes $3 Billion to Repair State Bridges
Other States Pledge Similarly Significant Investment in Infrastructure
LOS ANGELES, April 8, 2010 (GLOBE NEWSWIRE) -- The Massachusetts Department of Transportation will devote $3 billion to repairing the state's deteriorating bridges over the next seven years. The program, known as the "Accelerated Bridge Program," is designed to rapidly revitalize the state's economy by improving transportation efficiency and commerce, while also creating jobs in the community.
The program will be funded by the Commonwealth's share of the $787 billion federal stimulus program signed by President Obama last year.
"When combined with our unprecedented Accelerated Bridge Program and federal stimulus projects, we are putting thousands of people to work and jumpstarting our economy as we rebuild our transportation infrastructure," said Massachusetts Governor Deval Patrick.
"The Massachusetts Department of Transportation like others around the country understands that money spent revitalizing our infrastructure is both a short-term and a long-term investment in America's economic future," stated Tony Cataldo, Chairman & CEO of MATECH Corp. (OTCBB:MTCH - News) (MATECH). "We at MATECH look forward to continuing to work with the various state DOT's on their increased efforts to improve the safety and efficiency of our nation's bridges."
As the leader in bridge crack detection technology, MATECH is confident that such increases in bridge repair spending will translate into increased contracts using its revolutionary Electrochemical Fatigue Sensor (EFS) technology, the only non-destructive method able to detect growing cracks in bridges as small as 0.01 inches.
About MATECH
MATECH Corp., formerly Material Technologies, Inc., was founded in 1983 and is based in Los Angeles. It is an engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue. The Company has already completed significant work for the federal government -- generating $8.3 million to develop technology to detect metal fatigue in aircraft. It has also received $5 million in private investments. Building on that base, it is now marketing its technologies to companies and government agencies involved in the inspection of metal highway and railroad bridges. To learn more, go to http://www.globenewswire.com/newsroom/ctr?d=188075&l=6&a=www.matechcorp.com&u=http%3A%2F%2Fwww.matechcorp.com.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
LOS ANGELES, April 8, 2010 (GLOBE NEWSWIRE) -- The Massachusetts Department of Transportation will devote $3 billion to repairing the state's deteriorating bridges over the next seven years. The program, known as the "Accelerated Bridge Program," is designed to rapidly revitalize the state's economy by improving transportation efficiency and commerce, while also creating jobs in the community.
The program will be funded by the Commonwealth's share of the $787 billion federal stimulus program signed by President Obama last year.
"When combined with our unprecedented Accelerated Bridge Program and federal stimulus projects, we are putting thousands of people to work and jumpstarting our economy as we rebuild our transportation infrastructure," said Massachusetts Governor Deval Patrick.
"The Massachusetts Department of Transportation like others around the country understands that money spent revitalizing our infrastructure is both a short-term and a long-term investment in America's economic future," stated Tony Cataldo, Chairman & CEO of MATECH Corp. (OTCBB:MTCH - News) (MATECH). "We at MATECH look forward to continuing to work with the various state DOT's on their increased efforts to improve the safety and efficiency of our nation's bridges."
As the leader in bridge crack detection technology, MATECH is confident that such increases in bridge repair spending will translate into increased contracts using its revolutionary Electrochemical Fatigue Sensor (EFS) technology, the only non-destructive method able to detect growing cracks in bridges as small as 0.01 inches.
About MATECH
MATECH Corp., formerly Material Technologies, Inc., was founded in 1983 and is based in Los Angeles. It is an engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue. The Company has already completed significant work for the federal government -- generating $8.3 million to develop technology to detect metal fatigue in aircraft. It has also received $5 million in private investments. Building on that base, it is now marketing its technologies to companies and government agencies involved in the inspection of metal highway and railroad bridges. To learn more, go to http://www.globenewswire.com/newsroom/ctr?d=188075&l=6&a=www.matechcorp.com&u=http%3A%2F%2Fwww.matechcorp.com.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
TrustCash Commences Plans to Introduce TrustCashDEPOSIT Product to Multi-Billion Dollar European Ecommerce Market
ATLANTA, GA--(Marketwire - 04/09/10) - TRUSTCASH HOLDINGS, INC. ("TrustCash" or the "Company") (Pinksheets:TCHH - News) today announces it has commenced planning to introduce the TrustCashDEPOSIT product to the large European ecommerce market.
B2C ecommerce in Western Europe will reach close to EUR 340 Billion in 2010 according to a DB Research statement in the European parliamentary financial services forum Briefing; "Innovative e-payment solutions: A European perspective."
In Europe, credit cards are not as widely used as in the United States. Debit and bank transfers are very popular methods of online payments in many European countries. TrustCash has previously announced the addition of EU debit and EU Direct Pay products to take advantage of these trends.
The Company feels its TrustCashDEPOSIT product has vast potential to be a great product for European online shoppers to use as another online payment method.
TrustCashDEPOSIT in Europe will be designed to work similarly to the US version of TrustCashDEPOSIT (http://www.trustcash.com/products_deposit.php).
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an Ecommerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
B2C ecommerce in Western Europe will reach close to EUR 340 Billion in 2010 according to a DB Research statement in the European parliamentary financial services forum Briefing; "Innovative e-payment solutions: A European perspective."
In Europe, credit cards are not as widely used as in the United States. Debit and bank transfers are very popular methods of online payments in many European countries. TrustCash has previously announced the addition of EU debit and EU Direct Pay products to take advantage of these trends.
The Company feels its TrustCashDEPOSIT product has vast potential to be a great product for European online shoppers to use as another online payment method.
TrustCashDEPOSIT in Europe will be designed to work similarly to the US version of TrustCashDEPOSIT (http://www.trustcash.com/products_deposit.php).
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an Ecommerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Thursday, April 8, 2010
TrustCash Introduced by SAY Magazine to National Indian Gaming Association
ATLANTA, GA--(Marketwire - 04/08/10) - TrustCash Holdings, Inc. ("TrustCash" or the "Company") (Pinksheets:TCHH - News) proudly announces it has been featured in a full page advertisement of the SAY magazine winter 2010 edition www.saymag.com/winter2010.pdf being distributed at the National Indian Gaming Conference (NIGA) held in San Diego on April 6-9, 2010 (http://www.indiangaming.org/).
TrustCash management comments: "Part of our marketing plan is to be prepared for potential growth markets of internet commerce."
A recent article in Indian Country Today, a weekly U.S. newspaper which describes itself as "The Nations' Leading American Indian News Source," discusses the opportunity and risks of pending legislation to permit online poker for tribal government gambling. http://www.indiancountrytoday.com/business/gaming/89685807.html
Regardless of the success or failure of the legislation mentioned above, the North American Indian market represents a market opportunity as a result of Native-owned business and income growth experienced in tribes with and without gaming operations.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with the payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
TrustCash management comments: "Part of our marketing plan is to be prepared for potential growth markets of internet commerce."
A recent article in Indian Country Today, a weekly U.S. newspaper which describes itself as "The Nations' Leading American Indian News Source," discusses the opportunity and risks of pending legislation to permit online poker for tribal government gambling. http://www.indiancountrytoday.com/business/gaming/89685807.html
Regardless of the success or failure of the legislation mentioned above, the North American Indian market represents a market opportunity as a result of Native-owned business and income growth experienced in tribes with and without gaming operations.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with the payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Wednesday, April 7, 2010
Nature's Peak Publishes Its First Quarterly E-News Letter
SANTA CRUZ, Calif., April 7 /PRNewswire-FirstCall/ -- Nature's Peak / Everock, Inc. (Pink Sheets:EVRN.pk - News) announced today that it is updating its Website and will publish this week its first Quarterly E-News Letter.
Paul Wilkinson, CEO of Nature's Peak / Everock, said, "With our marketing and sales program now in full swing, we believe this will be a cost effective and efficient way for our customers and the public to stay informed of current events. We are very excited about this first E-News Letter as we know there are many people wanting to have updates and new product information. This is an easy way for them to stay informed. Anyone can sign up for it by going to our website http://www.naturespeak.com/ and click on the link for the E-news."
The quarterly E-news Letter will feature a letter from the President, recipe ideas, updates on recent trade shows and upcoming events and promotions. In addition, for those that subscribe with their e-mail address, they will also receive interim updates with special product and company news and information. This is just one of a number of steps we are taking this year to keep our loyal customers and the public regularly informed on our plans and successes each step of the way.
Wilkinson continued, "Its been a challenging road, but we believe we are making progress this year and expect we will continue it, building our business base and customers step by step."
About Nature's Peak / Everock:
Nature's Peak produces a line of all-natural gourmet vegetable dips and sandwich spreads marketed under the Nature's Peak brand.
Both VeggieDip and VeggieSpread are 100% all-natural, vegetarian, Kosher and gluten-free, and contain no preservatives, artificial ingredients, trans-fats, or sugars. There are six flavors in each product line, including novel delicious flavor combinations.
Nature's Peak products are marketed through its Master Broker to natural food stores, specialty groceries as well as regional and national grocery chains. Our products will also be available to restaurants, delis and other food service providers across America.
Visit our website at http://www.naturespeak.com/ to learn more about our products and to discover new and delicious recipe ideas.
Forward Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These statements are identified as any statement that does not relate strictly to historical or current facts. They use words such as "anticipates," "intends," "plans," "expects," "will," and other words and phrases of similar meaning. In all cases, a broad variety of assumptions can affect the realization of the expectations or forecasts in those statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements. Consequently, no forward-looking statement can be guaranteed. Actual future results may vary materially.
Paul Wilkinson, CEO of Nature's Peak / Everock, said, "With our marketing and sales program now in full swing, we believe this will be a cost effective and efficient way for our customers and the public to stay informed of current events. We are very excited about this first E-News Letter as we know there are many people wanting to have updates and new product information. This is an easy way for them to stay informed. Anyone can sign up for it by going to our website http://www.naturespeak.com/ and click on the link for the E-news."
The quarterly E-news Letter will feature a letter from the President, recipe ideas, updates on recent trade shows and upcoming events and promotions. In addition, for those that subscribe with their e-mail address, they will also receive interim updates with special product and company news and information. This is just one of a number of steps we are taking this year to keep our loyal customers and the public regularly informed on our plans and successes each step of the way.
Wilkinson continued, "Its been a challenging road, but we believe we are making progress this year and expect we will continue it, building our business base and customers step by step."
About Nature's Peak / Everock:
Nature's Peak produces a line of all-natural gourmet vegetable dips and sandwich spreads marketed under the Nature's Peak brand.
Both VeggieDip and VeggieSpread are 100% all-natural, vegetarian, Kosher and gluten-free, and contain no preservatives, artificial ingredients, trans-fats, or sugars. There are six flavors in each product line, including novel delicious flavor combinations.
Nature's Peak products are marketed through its Master Broker to natural food stores, specialty groceries as well as regional and national grocery chains. Our products will also be available to restaurants, delis and other food service providers across America.
Visit our website at http://www.naturespeak.com/ to learn more about our products and to discover new and delicious recipe ideas.
Forward Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These statements are identified as any statement that does not relate strictly to historical or current facts. They use words such as "anticipates," "intends," "plans," "expects," "will," and other words and phrases of similar meaning. In all cases, a broad variety of assumptions can affect the realization of the expectations or forecasts in those statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements. Consequently, no forward-looking statement can be guaranteed. Actual future results may vary materially.
Monday, April 5, 2010
TrustCash to Attend Summer iDate Conference
ATLANTA, GA--(Marketwire - 04/05/10) - TrustCash HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today announces it will again attend the industry leading iDate conference for the online dating industry (http://www.idate2010.com/).
TrustCash management commented: "The Company has previously marketed its products and services at the iDate conference and has achieved results. Having our new suite of products marketed this summer at iDate 2010 makes good business sense."
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Tell us where you want to use TrustCash at:
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About TrustCash
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
TrustCash management commented: "The Company has previously marketed its products and services at the iDate conference and has achieved results. Having our new suite of products marketed this summer at iDate 2010 makes good business sense."
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
About TrustCash
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
MATECH Official Meets With Virginia Department of Transportation
LOS ANGELES, April 5, 2010 (GLOBE NEWSWIRE) -- MATECH Corp. (OTCBB:MTCH - News) (MATECH) announced that its Chief of Operations was invited to meet with officials from the Department of Transportation in Virginia (VDOT). Ms. Miceli met with officials at headquarters in Richmond, VA and the meeting was broadcast across the state to the various DOT districts.
Various officials across the state of Virginia participated in a presentation on MATECH's patented technology, the Electrochemical Fatigue Sensor (EFS) System and participated in a meeting on March 25, 2010. The intent of the meeting was to determine the structures within the VDOT system that would benefit from the use of EFS.
MATECH has a proven track record of saving bridge owners money through improving bridge management and public safety with its cutting edge technology, the EFS System. Through eliminating subjectivity of inspections for cracking in bridge members (the FHWA has stated that 90% of these cracks are missed with visual inspection), MATECH is helping to eliminate wasted funds by prioritizing repairs and verifying their effectiveness immediately.
Marybeth Miceli, MATECH's Chief of Operations, says, "VDOT is a progressive transportation department that supports great technologies to aid them in making better bridge management decisions. We are looking forward to working with them on their structures again."
About MATECH
MATECH Corp., formerly Material Technologies, Inc., was founded in 1983 and is based in Los Angeles. It is an engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue. The Company has already completed significant work for the federal government -- generating $8.3 million to develop technology to detect metal fatigue in aircraft. It has also received $5 million in private investments. Building on that base, it is now marketing its technologies to companies and government agencies involved in the inspection of metal highway and railroad bridges. To learn more, go to http://www.globenewswire.com/newsroom/ctr?d=188075&l=6&a=www.matechcorp.com&u=http%3A%2F%2Fwww.matechcorp.com.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Various officials across the state of Virginia participated in a presentation on MATECH's patented technology, the Electrochemical Fatigue Sensor (EFS) System and participated in a meeting on March 25, 2010. The intent of the meeting was to determine the structures within the VDOT system that would benefit from the use of EFS.
MATECH has a proven track record of saving bridge owners money through improving bridge management and public safety with its cutting edge technology, the EFS System. Through eliminating subjectivity of inspections for cracking in bridge members (the FHWA has stated that 90% of these cracks are missed with visual inspection), MATECH is helping to eliminate wasted funds by prioritizing repairs and verifying their effectiveness immediately.
Marybeth Miceli, MATECH's Chief of Operations, says, "VDOT is a progressive transportation department that supports great technologies to aid them in making better bridge management decisions. We are looking forward to working with them on their structures again."
About MATECH
MATECH Corp., formerly Material Technologies, Inc., was founded in 1983 and is based in Los Angeles. It is an engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue. The Company has already completed significant work for the federal government -- generating $8.3 million to develop technology to detect metal fatigue in aircraft. It has also received $5 million in private investments. Building on that base, it is now marketing its technologies to companies and government agencies involved in the inspection of metal highway and railroad bridges. To learn more, go to http://www.globenewswire.com/newsroom/ctr?d=188075&l=6&a=www.matechcorp.com&u=http%3A%2F%2Fwww.matechcorp.com.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Thursday, April 1, 2010
Nature's Peak Invited to Attend the 56th Summer Fancy Food Show on June 27 - 29
Nature's Peak will attend one of the largest and most prestigious Specialty Food Exhibitions - the annual Summer Fancy Food Show - in New York City on June 27 - 29
SANTA CRUZ, Calif., April 1 /PRNewswire-FirstCall/ -- Nature's Peak / Everock, Inc. (Pink Sheets:EVRN.pk - News) announced today that together with its Master Broker, Source One Sales and Marketing, it will attend the National Association of Specialty Food Trade (NASFT) 56th Summer Fancy Food Show on June 27 – 29 at the Javitz Center in New York.
Paul Wilkinson, CEO of Nature's Peak / Everock, said, "June will be a busy month for us, first at the Kehe show in Chicago and then the Fancy Food Show in New York. These shows are a highly efficient and cost effective way for us to get in front of hundreds of customers and specialty food buyers all at one time – and in one place."
The Fancy Food Shows are North America's largest specialty food and beverage marketplace. NASFT anticipates 2400 exhibitors from 77 countries with 52 international pavillions and 24,000 attendees. The Fancy Food Show is for members of the specialty food trade only; it is closed to the general public.
"We have had a great start to the year at the Winter Fancy Food Show in San Francisco, and the Natural Products Expo West in Anaheim, said Paul Wilkinson, CEO of Nature's Peak / Everock and we will continue building on that momentum in Chicago with Kehe and then with the Summer Fancy Food Show in New York."
"We expect to take orders at both shows and to begin shipping VeggieDip and Veggie Spread to hit store shelves in May."
"Both of the upcoming shows will help push our marketing plans and production schedule forward. We are already preparing for the fall and winter delivery from show orders and re-orders of established distributors. "
About Everock / Nature's Peak:
Nature's Peak produces a line of all-natural gourmet vegetable dips and sandwich spreads marketed under the Nature's Peak brand.
Both VeggieDip and VeggieSpread are 100% all-natural, vegetarian, Kosher and gluten-free, and contain no preservatives, artificial ingredients, trans-fats, or sugars. There are six flavors in each product line, including novel delicious flavor combinations.
Nature's Peak products are marketed through its Master Broker to natural food stores, specialty groceries as well as regional and national grocery chains. Our products will also be available to restaurants, delis and other food service providers across America.
Visit our website at http://www.naturespeak.com/ to learn more about our products and to discover new and delicious recipe ideas.
Forward Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These statements are identified as any statement that does not relate strictly to historical or current facts. They use words such as "anticipates," "intends," "plans," "expects," "will," and other words and phrases of similar meaning. In all cases, a broad variety of assumptions can affect the realization of the expectations or forecasts in those statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements. Consequently, no forward-looking statement can be guaranteed. Actual future results may vary materially.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.
SANTA CRUZ, Calif., April 1 /PRNewswire-FirstCall/ -- Nature's Peak / Everock, Inc. (Pink Sheets:EVRN.pk - News) announced today that together with its Master Broker, Source One Sales and Marketing, it will attend the National Association of Specialty Food Trade (NASFT) 56th Summer Fancy Food Show on June 27 – 29 at the Javitz Center in New York.
Paul Wilkinson, CEO of Nature's Peak / Everock, said, "June will be a busy month for us, first at the Kehe show in Chicago and then the Fancy Food Show in New York. These shows are a highly efficient and cost effective way for us to get in front of hundreds of customers and specialty food buyers all at one time – and in one place."
The Fancy Food Shows are North America's largest specialty food and beverage marketplace. NASFT anticipates 2400 exhibitors from 77 countries with 52 international pavillions and 24,000 attendees. The Fancy Food Show is for members of the specialty food trade only; it is closed to the general public.
"We have had a great start to the year at the Winter Fancy Food Show in San Francisco, and the Natural Products Expo West in Anaheim, said Paul Wilkinson, CEO of Nature's Peak / Everock and we will continue building on that momentum in Chicago with Kehe and then with the Summer Fancy Food Show in New York."
"We expect to take orders at both shows and to begin shipping VeggieDip and Veggie Spread to hit store shelves in May."
"Both of the upcoming shows will help push our marketing plans and production schedule forward. We are already preparing for the fall and winter delivery from show orders and re-orders of established distributors. "
About Everock / Nature's Peak:
Nature's Peak produces a line of all-natural gourmet vegetable dips and sandwich spreads marketed under the Nature's Peak brand.
Both VeggieDip and VeggieSpread are 100% all-natural, vegetarian, Kosher and gluten-free, and contain no preservatives, artificial ingredients, trans-fats, or sugars. There are six flavors in each product line, including novel delicious flavor combinations.
Nature's Peak products are marketed through its Master Broker to natural food stores, specialty groceries as well as regional and national grocery chains. Our products will also be available to restaurants, delis and other food service providers across America.
Visit our website at http://www.naturespeak.com/ to learn more about our products and to discover new and delicious recipe ideas.
Forward Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. These statements are identified as any statement that does not relate strictly to historical or current facts. They use words such as "anticipates," "intends," "plans," "expects," "will," and other words and phrases of similar meaning. In all cases, a broad variety of assumptions can affect the realization of the expectations or forecasts in those statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements. Consequently, no forward-looking statement can be guaranteed. Actual future results may vary materially.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.
TrustCash to Address Unbanked Market With TrustCash DEPOSIT(TM) Product
ATLANTA, GA--(Marketwire - 04/01/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today confirms the TrustCashDEPOSIT product will be marketed specifically to address the needs of the unbanked market.
Serving the unbanked is a key part of the TrustCash business plan.
Even though experts differ on just how large this market really is, one thing is clear, the statistics indicate a significant market opportunity:
•CFSI reported that 20 percent of all U.S. households are unbanked. That's about 22.2 million families. Add to that the 19.4 percent of all U.S. families that are underbanked -- that's another 22 million families.
•BearingPoint, a management and technology consulting firm, projects an even higher figure -- 28 million unbanked U.S. households and 44.7 million underbanked U.S. households.
•Because the breadwinners for unbanked families are typically considered to be low-income wage earners, they are often overlooked by traditional FIs. But CFSI said such families will spend at least $13 billion on more than 340 million alternative financial service transactions -- each year. In the Celent LLC research study, Where the Banks Aren't: Nontraditional/Nonbank Advances in Branded Prepaid Cards, Celent Analyst Red Gillen estimated GPR cards for the unbanked population is a potential $31 billion market.
TrustCashDEPOSIT is the smart way for merchant's customers to pay their online invoices in person and can be supported by all major banks in their respective geographic markets. With TrustCashDEPOSIT merchants are guaranteed to receive their funds with none of the risks associated with credit card processing.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Serving the unbanked is a key part of the TrustCash business plan.
Even though experts differ on just how large this market really is, one thing is clear, the statistics indicate a significant market opportunity:
•CFSI reported that 20 percent of all U.S. households are unbanked. That's about 22.2 million families. Add to that the 19.4 percent of all U.S. families that are underbanked -- that's another 22 million families.
•BearingPoint, a management and technology consulting firm, projects an even higher figure -- 28 million unbanked U.S. households and 44.7 million underbanked U.S. households.
•Because the breadwinners for unbanked families are typically considered to be low-income wage earners, they are often overlooked by traditional FIs. But CFSI said such families will spend at least $13 billion on more than 340 million alternative financial service transactions -- each year. In the Celent LLC research study, Where the Banks Aren't: Nontraditional/Nonbank Advances in Branded Prepaid Cards, Celent Analyst Red Gillen estimated GPR cards for the unbanked population is a potential $31 billion market.
TrustCashDEPOSIT is the smart way for merchant's customers to pay their online invoices in person and can be supported by all major banks in their respective geographic markets. With TrustCashDEPOSIT merchants are guaranteed to receive their funds with none of the risks associated with credit card processing.
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
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