Businessnewsnow.us: Prepay Market to Reach $20+ Billion
New York, NY, Mar 27, 2008 (M2 PRESSWIRE via COMTEX) -- SmartCard Marketing Systems Inc. (PINK SHEETS: SMKG); Cardtrend International Inc. (OTCBB: CDTR); Wireless Age Communications, Inc. (OTCBB: WLSA); PSPP Holdings, Inc. (OTCBB: PSPJ); Heartland Payment Systems, Inc. (NYSE: HPY); Fortress Financial Group, Inc. (PINKSHEETS: FFGO) BusinessNewsNow is an affiliate of Stock Profiler.US, LLC.
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SmartCard Marketing Systems Inc. (PINK SHEETS: SMKG) closed at $0.009 Wednesday, trading 116,000 shares.
Cardtrend International Inc. (OTCBB: CDTR) closed at $0.03 Wednesday, trading 11,300 shares.
Wireless Age Communications, Inc. (OTCBB: WLSA) closed at $0.33 Wednesday, trading 2,000 shares.
PSPP Holdings, Inc. (OTCBB: PSPJ) closed at $0.008 Wednesday, trading 1,429 shares.
Heartland Payment Systems, Inc. (NYSE: HPY) closed at $21.93 Wednesday, trading 89,800 shares.
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) closed at $0.0002 Wednesday, trading 310,125,055 shares.
ATLANTIC-ACM, a leading telecommunications research consultancy and benchmarking firm, announced Tuesday the latest edition of the prepaid telecommunications industry's principle market sizing and opportunity assessment - Prepaid Evolution 2008 to 2012: Wireless, Card & Internet Opportunities (http://www.atlantic-acm.com/reports/ppd0812.htm).
"The prepaid industry, which historically has been subject to rapid change by virtue of its niche focus, faces varying outlooks across Internet, calling card and wireless products," said Fedor Smith, VP of Atlantic-ACM. "Prepaid wireless products are well positioned for growth over the next several years, and will drive overall prepaid industry growth from $15B in 2007 to $22B in 2012." About the study Prepaid Evolution 2008 to 2012: Wireless, Card & Internet Opportunities (http://www.atlantic-acm.com/reports/ppd0812.htm) explores each of the individual prepaid products, wireless, phone card, and Internet, at great length. For prepaid calling cards products, the study provides market sizing in terms of revenue and traffic, the split between domestic and international, and company share breakouts with forecast from 2004 to 2012. The prepaid Internet section examines the technologies and business models driving growth in broadband availability. The prepaid wireless section examines the split between postpaid and prepaid as a percentage of total subscribers, as well as company-specific share detail, prepaid ARPU, revenue and subscribers, and a share breakout between MVNOs and facilities-based carriers, forecast through 2012. The report provides insight into prepaid market segmentation by providing data and analysis of demographic groups cut by ethnicity, income and age. Trends in payment technology are covered, as is a sizing and share of international voice traffic and revenue.
For more information, or to purchase the study, contact ATLANTIC-ACM at +1 617 720 3700, or visit the reports section of ATLANTIC-ACM's website at www.atlantic-acm.com/reports/.
About ATLANTIC-ACM
Boston-based ATLANTIC-ACM is a leading provider of strategic research and consulting services serving the telecommunications and information industries. In addition to producing the industry's principal benchmarking, sizing and opportunity studies, the company assists clients in evaluating telecommunications opportunities for successful investment, market entry, and long-term planning. For more information, visit ATLANTIC-ACM's website at www.atlantic-acm.com
About Smart Card Marketing Systems Inc.
Smart Card Marketing Systems, Inc. (PINKSHEETS: SMKG) is a developer and solutions provider for the Prepaid Card and Money Service business industry. For more information, please visit: www.gosmartcard.com.
About Cardtrend International Inc. (OTCBB: CDTR)
Cardtrend International Inc. (OTCBB: CDTR) ("Cardtrend") is a US public company with subsidiaries and related companies focusing on the payments and loyalty-rewards industries in China and throughout Asia. In line with its long-term growth strategy, Cardtrend is organized into three synergistic business units: Cards Business, Prepaid Business and Processing Business. For more information please visit Cardtrend's corporate website (www.cardtrend.com).
About Wireless Age
Wireless Age Communications, Inc. (OTCBB: WLSA), through its 99.7% owned subsidiary, Wireless Age Communications Ltd., is in the business of operating retail cellular and telecommunications outlets in cities in western Canada. Through its other wholly owned subsidiary, Wireless Source Distribution Ltd., the company distributes two-way radio products, prepaid phone cards, wireless accessories and various battery and ancillary electronics products in Canada.
About PSPP Holdings, Inc.
PSPP Holdings, Inc. (OTCBB: PSPJ), headquartered in Los Angeles, California, is a financial services company that is establishing an international banking network to facilitate electronic remittance, Mobile Banking, e-benefits, and stored value and pre paid card solutions. PSPP Holdings provides the transaction-based business of electronic payments and related digital banking in two continents today: North America and Africa, utilizing MasterCard International and Visa, as well as local banks which enable settlement of funds in local currency. With strategic relationships in place and with its own proprietary processing software code, PSPP Holdings is committed to delivering speed to market, continuous innovation, significant savings, convenience, and benefits to its customers, cardholders, employees, and investors.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), delivers credit/debit/prepaid card processing, payroll and payment solutions to more than 162,000 small and mid-sized businesses nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, visit www.heartlandpaymentsystems.com and www.MerchantBillOfRights.com.
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) is primarily engaged in the issuing and marketing of prepaid debit and credit card and related payment solution activities. It has just announced the acquisition of Moneyworx, Inc., a reseller of MasterCard prepaid USA Domestic and International Prepaid Debit Cards. Fortress Financial Group, Inc. will be launching its own label "Fortress" International Debit Card in the second quarter of 2008.
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