BB's Stock Haven

[skipdeez]

Friday, October 06 2006 3:59 PM, EST Cash Now Corporation (CHNW.PK) Announces The Launch Of Its "NETCASH" System PR Newswire "US Press Releases "
FORT LAUDERDALE, FL , Oct. 6 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com today announced the launch of its e-commerce NETCASH licensing system, also known as "On Demand" into the Asian markets with its focus particularly set on the USA, Australia , Canada and UK marketplace. Historically, online payday loan companies, or sub prime lenders were required to buy, build, and maintain their own IT infrastructures despite exponential costs. The Cash Now On Demand computing gives companies an alternative. Now they can plug in and subscribe to services built on a world-class infrastructure through the Trust Vault, and delivered via the Internet. Cash Now is leading the on-demand revolution in the sub prime industry, enabling companies to decrease total cost of ownership, saving up to 90% over traditional software and infrastructure, also reduce the risk and decrease time to value costs and most importantly, "it allows the business owner to focus on business, and not on the technology and developments," said Vern Khosla Cash Now's Senior Project Manager.
The value companies experience with on-demand computing far exceeds what they can expect with traditional software.
ABOUT CASH NOW
Cash Now Corporation (CHNW.PK), a pioneer in the Internet payday loan and check cashing industry, and is developing the most comprehensive menu of services in the cash advance industry, all centred on the Cash Now brand. The company's proven business model includes licensing to corporately operated joint venture locations across the U.S. Canada Australia and UK. Additionally, Cash Now's website is one of the most advanced payday lending portals in existence, offering key insights to clients and potential clients alike - as well as the ability to complete payday loans on-line, via a phone call or in person. Cash Now offers a Payday Loan License program, Payday Express; a Payday Loan and Check Cashing License known as Check Express and an Authorized Agent Program for existing retail establishments; and a host of related financial services for small and medium-size businesses. Cash Now with its web based and focused outlook has won the Golden Web award in 2001, 2002, 2003 and 2005. In 2005 Profit Guide magazine ranked the Cash Now Group 10th in its list of the 50 fastest growing and most promising emerging companies. In 2005 Cash Now was ranked # 44 out of top 1000 fastest growing franchising companies by Entrepreneur guide.
SOURCE Cash Now Corporation