E-Debit Global Corporation Commences National Leasing Program Roll Out
May 20 2011 - 5:57PM
Marketwired
E-Debit Global Corporation ("E-Debit", "the Company") (OTCQB: WSHE)
has completed the reorganization of its subsidiary Cash Direct
Financial Services Ltd. ("Cash Direct") and has commenced the roll
out its national leasing program.
Overview
"Since our last announcement on April 8, 2011 the Company has
completed its reorganization of Cash Direct, and has begun its
national role out of its leasing and financing arm. In conjunction
with our ATM equipment suppliers the first of our leased units have
been delivered to our Toronto and Calgary distribution centers with
full placement programs in place," advised E-Debit Chief Executive,
Doug MacDonald.
"We are focusing our Cash Direct leasing and financing roll out
in co-ordination with our switching operations of our wholly owned
subsidiary, Westsphere Systems Inc. ("WSI"), as well as WSI current
distribution network. Once we have worked out the usual initial
roll bumps and glitches we will expand our financing and leasing
reach throughout our national marketplace opportunities. We look
forward to the opportunities by expanding our partnership within
the leasing industry which is ongoing," MacDonald stated.
About E-Debit Global Corporation
E-Debit Global Corporation (WSHE) is a financial holding company
in Canada at the forefront of debit, credit and online computer
banking. Currently, the Company has established a strong presence
in the privately owned Canadian banking sector, including Automated
Banking Machines (ABM), Point of Sale Machines (POS), Online
Computer Banking (OCB) and E-Commerce transaction security and
payment. E-Debit maintains and services a national ABM network
across Canada and is a full participating member of the Canadian
INTERAC Banking System.
DISCLAIMER
Forward-Looking Statements: This news release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, which are subject to
risks and uncertainties. The forward-looking statements, which
address the Company's expected business and financial performance,
among other matters, contain words such as "believe," "expect",
"anticipate", "optimistic", "intend", "plan", "aim", "will", "may",
"should", "could", "would", "likely", and similar expressions. All
statements, other than statements of historical fact, included
herein, are forward looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.
Forward-looking statements are based on the estimates and opinions
of management on the date the statements are made, and WSHE does
not undertake an obligation to update forward-looking statements
should conditions or management's estimates or opinions change.
Factors that could cause actual results to differ materially from
these forward-looking statements include, but are not limited to,
the following: the underlying assumptions related to the events
outlined in this news release proving to be inaccurate or
unrealized, events impacting the likelihood and timing of the
completion of the events outlined, such as regulatory approvals,
and the Company's ability to exploit the payment platform and other
assets and execute on its strategy to develop and issue new and
enhanced payment products and services and increase the Company's
revenues from such products and services.
Contacts: E-Debit Global Corporation Tony Tsigonias 1 (403)
473-8795 www.edebitglobal.com
Greenlink (PK) (USOTC:WSHE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Greenlink (PK) (USOTC:WSHE)
Historical Stock Chart
From Apr 2023 to Apr 2024