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Without a doubt about CASH NOW CORPORATION Goes Public

Without a doubt about CASH NOW CORPORATION Goes Public

FT. LAUDERDALE, Fla.–( COMPANY WIRE )–Nov. 5, 2004–CASH NOW CORPORATION (Pink Sheets:CHNW) went general general public this week, exposing their intends to aggressively pursue growth that is corporate a licensing networking. The business will focus its efforts to mention its brand new marketing possibility to the general public, making its unique online system of payday advances licences open to business owners.

CASH NOW CORPORATION is developing the absolute most service that is comprehensive the bucks advance industry, using the money Now brand. Whilst the pioneers within the cash advance industry, and after vast research and development, Andrea Zecevic CEO, reported «Cash Now is perfecting the thought of «lending cash until payday».

Drawing on our knowledge and expertise as lending professionals, we now have developed a great business structure that works. The business started testing a concept that is licensed with corporately operated and jv areas. It has been an unqualified success. Today, the cash advance company is certainly one element of a vast selection of monetary solutions money Now has at its disposal.

Payday advances is just one of the quickest growing companies in, not merely the usa, but Canada, Australia, England, brand brand New Zealand, Southern Korea and much more. The wage advance industry http://badcreditloanmart.com/payday-loans-or ended up being practically non presence in 1990.

One pay day loan team estimates over $25 billion bucks in wage advance revenue will take place in 2004. 100 million deals will happen.

12 million households is supposed to be offered. The Tennessee Department of finance institutions reported to its legislature that licensed lenders that are payday over 30% return on the investment in 1st nine months of appropriate procedure.

Stephens analysis, an investment that is well-known forecasts a possible mature marketplace for 25,000 shops producing $6.75 billion in charges yearly this current year! We estimate you can find presently 40,000 individuals utilized in the industry with $1.1 billion in wages compensated by pay day loan companies.

Revenue Guide mag recently rated the bucks Now number of business’s quantity 10 from the 50 fastest growing & most promising companies that are emerging. Our C.E.O. is selected as you of Canada’s top 40 under 40 professionals, because of the world and Mail report on company, Canada’s National company daily paper.

Our top and management that is mid are believed industry visionaries. A lot of them have now been used by a number of our competitors that are top plus some have rated up to the President and C.O.O. Our web site is rated within the top 5% globe wide and top 100 of this industry. Our company is the fastest growing, many e-commerce enabled, content rich portal of your industry (supply Alexa January 2004).

The Cash Now title, logo design and manufacturer understanding is promoted extensively by our full-time I.T. staff, who ensure that a few million impressions regarding the money Now manufacturer is served daily.

The money Now brand dominates the industry with 10% click on through price set alongside the 2% industry price and our competition average. (source search that is google April 29/02 to Aug 9/02 monitoring period). Every one of this translates to more client appeal for the Licensees.

Things talked about in this news release are «forward-looking statements.» Statements explaining goals or goals or the organization’s future plans may also be forward-looking statements and tend to be at the mercy of particular dangers and uncertainties, such as the performance that is financial of business and market valuations of its stock, which may cause real leads to vary materially from those anticipated.

Forward-looking statements in this news launch are available pursuant into the «secure Harbor» conditions of the usa Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements include dangers and uncertainties, including, without limitation, dangers regarding the power to shut deals being contemplated, dangers pertaining to product product product sales, proceeded acceptance of money Now’s services and products, increased competitors, technical modifications, reliance upon intellectual home legal rights along with other dangers detailed every so often in money Now’s regular reports filed using the usa Securities and Exchange Commission along with other authorities that are regulatory.

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