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Tuesday September 15, 2009
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CSRH, Consorteum Holdings Inc, CSRH.OB
Consorteum Holdings Inc. Forms Joint Venture to Capitalize on Emerging International Markets
Las Vegas, Nevada (CRWENEWSWIRE) /September 15, 2009/. Consorteum Holdings, Inc. (OTCBB: CSRH) announced today that it has established a new Joint Venture partnership with Chicago based, Trans Screen Group of Illinois. Under the terms of the joint venture, Trans Screen will leverage Consorteum Holdings expertise to provide financial services solutions to a number of new emerging global markets.
Quent Rickerby, President & COO of Consorteum Holdings Inc., said,�This new joint venture further demonstrates the importance of the company�s global business model, while significantly increasing our shareholder value through increased revenue opportunities�.
Through this newly established joint venture relationship, Trans Screen Group and Consorteum Holdings Inc. will expand into markets outside North America to include new business opportunities in India, Africa, Russia, Latin America, Thailand and China for payroll cards, loyalty programs, gift cards, processing and other value added services. Initial endeavors will be announced in Q4, 2009 with deployments expected to commence in early 2010.
Paul Dillon, President and CEO of Trans Screen Group, commented �Since formation, Trans Screen Group has been positioning itself in a very difficult market. Trans Screen Group is ready to take advantage of opportunities through constantly streamlining the efficiencies of our global structure. The Consorteum Holdings Inc. & Trans Screen Group joint venture creates an exciting new platform for investors, partners, employees and most importantly, the customer. This joint venture allows both companies to channel their resources and create an expanded, more diverse and profitable holding company.�
About Consorteum Holdings Inc.
Consorteum Holdings Inc.�s will build on its extensive expertise within the Payments and Transaction Industry in North America, Europe and Internationally. By identifying new technologies and trends in the changing global marketplace, Consorteum Holdings Inc. aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. Consorteum Holdings Inc. has built its reputation with one goal, �For our customers to look at us as partners, not just a technology provider.�
For more information, please visit www.consorteum.com
Contact:
Consorteum Holdings Inc.
2900 John Street, Suite202,
Markham, Ontario, Canada L3R 5G3
investors@consorteum.com
Telephone: +l 866 824 8854
About Trans Screen Group
Trans Screen Group�s business orientation is domestically managed but internationally positioned by its organization and strategic development. Our engagements span across a variety of sectors and industry yet are unified through solid and expanding business relationships. Years of dedicated development have been invested into securing channels of business partners, alliances, and representation to foreign markets. The maturity of these relationships provides Trans Screen Group with a strong position in the marketplace to facilitate complex projects and deliver profitable results.
Trans Screen Group implements the approach of diversification into its core business model while preserving the necessary focus and expertise with each line of business practice. Our new operations have been carefully selected to complement existing ones in order to promote congruent benefit and synergistic momentum into a bright new future. In many cases we will be our own client (and critic) which guarantees the well being of certain divisions should they experience a slump in the marketplace. Such built-in precautionary features will allow us to address the areas of focus requiring attention while having the leverage of auxiliary markets in our own ranks.
Our energy therefore is now concentrated on steering our diverse projects to new heights by focusing on strong leadership and management in all sections of our concerns. This can only be achieved by building a formidable headquarters of thought by implementing systems that will revolutionize and demonstrate the way of the future for success in world business today.
For further information:
info@transscreen.com
Telephone +l 815609 1585 or +l 815 5304571
Forward Looking Statement
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
Source: Consorteum Holdings, Inc.; Trans Screen Group
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