Home > Boards > US OTC > Internet - E-Commerce > CEO America Inc (CEOA)

and now we have some news!!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
monda2frida Member Profile
 
Followed By 881
Posts 181,837
Boards Moderated 0
Alias Born 08/16/07
160x600 placeholder
monda2frida   Wednesday, 10/10/07 03:54:44 PM
Re: Bane post# 15
Post # of 66 
and now we have some news!! CEO America Announces Release of CREDITZ(R) Digital Currency Beta Mobile Payment System
Wednesday October 10, 5:42 am ET
Revolutionary Free Person to Person Mobile Digital Transactions


LAS VEGAS--(BUSINESS WIRE)--CEO America, Inc. (PINK SHEETS: CEOA - News), exclusive US licensee of CREDITZ® Digital Currency, today announced that it has completed development of its beta Mobile Digital Payment system, Version 1.1, thus introducing a new generation of mobile payment applications in the United States of America.
ADVERTISEMENT


The CREDITZ Mobile Digital Payment system ("MDP") gives CREDITZ Account Holders direct access to all the inherent benefits of CREDITZ right from their cell phone, PDA or other mobile communications device. The CREDITZ MDP will be available to all Creditz beta account holders in mid November. Powered by IBM Series I Technology, Creditz facilitates quick, easy and FREE "person to person" digital transactions within the CREDITZ loyalty payment system in all mobile environments. CREDITZ MDP has been tested and will continue to enhance the application on Blackberry, Nokia, Samsung, LG, Sony Ericsson and Motorola mobile browsers.

The application can be accessed by all mobile handsets which can connect to the internet and does not require downloads and initial setup like some of the applications available in the market. The CREDITZ Mobile Digital Payment system is integrated with an intelligent backend and an SMS gateway which also supports a feature where the user can send personal messages while performing transactions. The CREDITZ MDP application is now implemented in the CREDITZ System infrastructure at IBM Global Services.

David Vaters, founder of the CREDITZ System, stated, "Imagine, you can sign up FREE, get paid CREDITZ to shop and now send and/or receive Digital Currency from friends and family without charge! So next time your dining out and splitting the bill with friends but don't have exact cash or a credit card, send Digital Currency!"

CEO America, Inc. plans to add functionality so that merchants, banks and even government agencies will be able to accept CREDITZ, as payment, from a mobile device right to the point of sale. The micro-payment capability of the Creditz System also enhances the value proposition of merchants and online sites to pay customers to shop, award digital prizing, digital rebates and pay consumers for specific behavioral changes including for purchasing items under $10, such as music, video and ring tones.

CEO's management believes the ability for consumers to use their mobile devices for convenient digital purchases and merchants to accept a secure mobile payment is a valuable feature that could potentially have broad adoption throughout North America. According to the Mobile Industry 2007 statistics, mobile devices now total over 1 Billion worldwide.

David Vaters, also stated, "Merchants, marketers and digital content companies are seeking new ways to monetize their foot traffic and enhance intimacy with their customers. CREDITZ is now available through banks, merchant services and ISO organizations or directly from CEO." Vaters added, "We are interested in introducing our Mobile Payment System to merchants in the United States of America who wish to pilot and test acceptance of CREDITZ Digital Currency, Mobile Digital Payments at their Point-of-Sale terminals."

The CREDITZ MDP is only available in the US and Canada, however, it is expected it will be available in the UK, South America, Russia and Africa throughout 2008.

About CEO America, Inc.

CEO America, Inc. (PINK SHEETS: CEOA - News) has the exclusive US licensee of the CREDITZ® Digital Currency System. Utilizing IBM's latest database and Series I infrastructure technology, CREDITZ is designed as a global loyalty payment and marketing system that replaces cash, and provides spendable CREDITZ Digital Currency to consumers. CREDITZ are paid to customers for behavior, and merchants can earn incremental revenue from that behavior. CREDITZ is the first payment system to integrate 21st Century technology micro-payments, loyalty, marketing and business intelligence into an offline and mobile operating platform. It is the world's first Digital Currency - the transaction and marketing engine for the digital economy.



Contact:
CEO America, Inc.
Larry Bracco
702.835.9288
lawrence.bracco@creditz.com
or go to www.creditz.com

--------------------------------------------------------------------------------
Source: CEO America, Inc.


Email Story
Set News Alert
Print Story






Sponsor Results
Countrywide® Home Loans
No Closing Cost Refinance Loan. Fast Approvals. Low Payments.
www.Countrywide.com
Online Currency Trading - Free Demo
24-Hour trading, award-winning software, charts and more from GFT.
www.GFTforex.com
Try Forex Currency Trading at Forex.com
Free $50,000 practice account with real-time charts, news and research.
www.forex.com

(What's This?)



Related Quote
CEOA.PK 0.02 0.00 News
View Detailed Quote
Delayed 20 mins
Providers - Disclaimer


Related News Stories
· CEO America Signs Master Agents to Represent Its CREDITZ(R) Digital Currency System Across a Variety of Markets - Marketwire (Wed Aug 29)
· CREDITZ(R) Digital Currency and BSP Rewards Announce Licensing and Points Exchange Agreement - Marketwire (Fri Aug 17)
· IBM in $1.1-Million Services, Technology Deal for Creditz Digital Currency System - Marketwire (Wed Jun 20)
More...



ADVERTISEMENT





Top Stories
· Stocks Trade Mixed Amid Profit Warnings - AP (3:49 pm)
· Thousands of Chrysler Workers Walk Out - AP (2:18 pm)
· Boeing Delays First 787s by 6 Months - AP (2:45 pm)
· Costco 4Q Profit Up on Membership Fees - AP (9:46 am)
More...

--------------------------------------------------------------------------------

· Most-viewed articles




RSS Feeds
Add headlines to your
personalized My Yahoo! Page
( About My Yahoo! and RSS )

CEOA.PK Headlines
My Yahoo RSS More Finance RSS Feeds




--------------------------------------------------------------------------------

Copyright © 2007 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Ad Feedback
Copyright © 2007 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distri

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences