SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) To Appoint Additional Advisor & MN&A Company For Accelerated Growth
27, 2010 (PR Newswire) --
SAN ANTONIO, TX, Sept. 27 /PRNewswire-FirstCall/ - SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) announced today that the company will be introducing another experienced advisor to its board in the short term as details are finalized with the new candidate which we feel confident will be instrumental in the company's future success. In addition management is also in discussion with a business broker firm from Western Canada with international expertise and resources in the MN&A segment to develop a strategic pathway to position the company's portfolio and Velocitymoney(TM) platform for future growth.
CEO Massimo Barone stated " We will be following through with more details in the upcoming weeks to outline our direction with regards to MN&A's and Capital funding which will set the pace for our strategic growth plan. We want investors to understand that there are ongoing open discussions with prospects that potentially have presented interest but have not yet committed to a letter of intent or term sheet with respects to a final evaluation. One area for certain is that we have concretely developed a card program base of customers with great potential which include, Latinphone Inc, Gloss Entertainment, gogreenmastercard.com, The GOODNETWORK Inc. and several small agencies worldwide which represents a substantial channel of distribution."
About SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG)
The company is leading the way in Prepaid Debit Card Program Management, Payment Processing of Pin Debit Online Transactions, Bill Payments in North America and Europe. Velocitymoney.com is the proprietary payment processing platform of SmartCard Marketing Systems Inc., which has an extensive Payment network world-wide for Consumers and Merchants. Visit www.gosmartcard.com