Consorteum Holdings, Inc. (CSRH) Announces Acquisition of Media Exchange Group, Inc.

QualityStocks would like to highlight Consorteum Holdings (PINKSHEETS: CSRH). Consorteum provides pioneering technology solutions and management expertise to companies and organizations looking to develop, streamline, or augment their methods of processing payment transactions. It operates as a technology and services aggregator to meet the diverse needs of its client base by leveraging its wide range ranging partner technologies to develop end-to-end, turn-key card and payment transaction processing solutions.

In the company’s news today,

Consorteum Holdings, Inc. announced that it has completed the acquisition of Media Exchange Group’s assets and mobile licensing agreements.

Craig Fielding, CEO of Consorteum, commented, “As indicated in the press release announcing our definitive agreement, Consorteum plans to expand and strengthen its ability to move into the next generation mobile banking era and offer the mobile applications that consumers have demanded.”

“Media Exchange Group’s CAPSA platform will enable Consorteum to develop new services that greatly enhance our ability to process financial transactions, which has been the core strength of our company,” he continued. “In addition, we believe that our newfound ability to deliver mobile content seamlessly across diverse devices will allow us to directly engage the public with services that are both simple to use and powerful in functionality.”

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Forward-Looking Statement:

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