Oceanside 4/23/2012 12:39:15 AM
News / Business

Citadel EFT annouces 35% increase in revenues for April 2012 over same period last year

Citadel EFT annouces 35% increase in revenues for April 2012 over same period last year

Citadel EFT, Inc. (OTCQB: CDFT) (PINKSHEETS: CDFT),  which offers U.S. merchants credit card terminals and online, mail order and retail credit card processing services, announces today that it continues to attract high volume customers to its portfolio through its attractive pricing. They continue to offer $500 dollars to any merchant that can find better pricing.

Gary De Roos, CEO, Citadel EFT, said, "We are pleased our revenue increased  35% this April over same period last year. We are pleased with this result and this should help our earnings per share figure this fiscal year."


The results for the first two weeks of April indicate that are radio advertising and media campaign is working with over one million in projected credit card volume. Volume is important in the equation of gaining market share in the multi-billion dollar credit card merchant account industry.


We are in negotiation, now, with National Media Fund for restricted shares. This print media agreement will reach an estimated audience of over 20 million per month for twelve months. This campaign will help our growth goals this year and also providing an audience to our stock.


About Citadel EFT, Inc.:

Based in Oceanside, CA, Citadel EFT, Inc.,  provides credit card merchant account services to retailers, mail order companies and online service providers. The Company provides a free
terminal to the business owner and charges no yearly fees, monthly minimums, statement, or address verification fees. Citadel markets its services directly and also through resellers. Citadel EFT, Inc gives a $200 referral fee for each approved account. To learn more about Citadel EFT, Inc. please visit its website: http://www.citadelbankcard.com and/or http://www.citadelinvestorrelations.com.

Citadel EFT, Inc.'s recent corporate video:


Citadel EFT, Inc. cautions that the statements made in this press release constitute forward-looking statements, and makes no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.



Gary De Roos