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Re: lifegear post# 4856

Monday, 01/29/2007 8:28:15 PM

Monday, January 29, 2007 8:28:15 PM

Post# of 143048
we have newsssss....
Cash Now Appoints Three New Sales Executives

LAS VEGAS, Jan. 29 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now, a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end systems, Internet- based payday loans, and other sub prime financial utility tools, today announced the appointment of three new sales executives. Peter Tate was appointed as Cash Now's new Senior business consultant in charge of new business developments. Mr. Tate will report to the company's CEO, Mr. Winters, directly. Garr Winters, Cash Now's CEO, was instrumental in bringing Mr. Tate aboard. Mr. Winters said, 'Peter comes to us with a wealth of knowledge, and experience in the hospitality industry and more importantly his ATM background which could prove monumental to our sales success.'

The company confirms that it plans to launch a National marketing campaign for license sales within the next 60 days, on various Internet portals. Mr. Winters added, 'All of the ingredients are in place to bring our sales force back to it's 'hay days', meaning the days before Cash Now experienced many business interruptions such as the hurricanes in Florida, to name a few, which in turn was reflected in the erosion of our share value. We are under tremendous self imposed pressure to see all of our hard work come to fruition and, as soon as our legal team finalizes the Forex intermediary agreement with our operating broker, our plans are to fire on all cylinders to make all of this happen. In closing, the management believes that we can better our 2005 results with the team and the advisors we currently have in place.'

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