Scottsdale, Arizona 9/24/2009 2:58:18 AM
News / Business

Consorteum Holdings Inc. (CSRH.OB) Forms New Partnership

QualityStocks would like to highlight Consorteum Holdings Inc. (OTCBB: CSRH). The company intends to build on its extensive expertise within the Payments and Transaction Industry in North America, Europe and Internationally. By identifying new technologies and trends in the changing global marketplace, Consorteum Holdings Inc. aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently.

 

In the company’s news yesterday,

 

Consorteum Holdings, Inc. announced that it has established an agreement with a third party partner within the payment processing industry to offer Merchant Discount Rates. Leveraging this partnership, Consorteum will offer competitive Merchant Discount Rates and Point of Sale hardware to its new and existing client base.

 

Quent Rickerby, President & COO of Consorteum Holdings Inc., said, “This agreement will allow Consorteum to offer Canadian clients measurable cost savings on their Credit and Debit Card processing and further enhance the number of products and services we have available.”

 

The addition of this new Merchant Discount Rate program further enhances Consorteum’s list of financial services available to current and future clients. Adding new revenues from debit and credit card transaction processing will help establish long-term revenue growth and incremental residual income. Consorteum plans to continue expanding its portfolio of financial services, which will further grow the revenues of the company, ensuring increased shareholder value.

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.