Advanced Content Services, Inc.'s MTP Ventures Signs NDA With Major Network Provider for ServeNation's Co-Branded Charitable Pre
04 Novembre 2010 - 2:27PM
Advanced Content Services, Inc's (Pink Sheets:ADCS) MTP Ventures
(www.mtpventures.com) announces today that it has entered into a
Non-Disclosure Agreement with one of the largest card issuers in
the United States toward a strategic collaboration for
ServeNation's one-of-a-kind, "Give While You Live™" program
featuring a general-purpose, reloadable debit card with multiple
applications.
ServeNation CEO, Jasmine Raja and MTP Ventures (ADCS) CEO, Mark
B. Newbauer, are thrilled to be in discussion with the Network
provider, which is accepted in more than 185 countries worldwide
with millions of locations for merchant acceptance and cash access
for its global base of users.
"This is a crucial step as part of ServeNation's overall
strategy," states Raja. "The Network provider is one of four
key components to effect a viable program, including issuer,
processor and, ourselves, the Program Manager. Mark and I have
worked diligently together to ensure that, from here, an effective
program is launched in a timely manner and we are very much on
track thus far and will continue to keep pace through these initial
steps to harvest a socially conscious success with multiple streams
of revenue."
The ServeNation team has submitted materials to the provider for
review and expects to announce its next steps in the coming days.
Further, the team commits to shareholders to provide several
updates in line with ServeNation's benchmarks toward card launch in
2011. Its original launch date of June 2010 was moved in light
of several key benefits which the card will now offer in its
inception, along with strategic partnerships and executive
attachments which the company feels will seamlessly act to ensure a
strong advance to market penetration.
ADCS MTP Ventures acquires, creates,
co-ventures and/or incubates powerful, unique business models and
Intellectual Property. The firm was initially formed to develop new
ideas and IP, as well as to acquire distressed companies in need of
a 'business makeover', and transform them into thriving entities
with sustainable revenue and progressive growth.
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Safe Harbor: This release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approvals for
anticipated actions.
PR prepared by NMR
CONTACT: MTP Ventures
276-352-4569
mtp worldwide: 310-230-5642
info@mtpventures.com
IR@InvestmentNation.com
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