One World Ventures, Inc. to Expand 1World Card Program in Vietnam
29 Julho 2009 - 12:11PM
Business Wire
One World Ventures, Inc. (PINKSHEETS: OWVI), a provider of
prepaid cards, today announced that the Company has expanded their
global relationship to include new 1World Card Programs in
countries and territories throughout Asia Pacific and now in
Vietnam. The Company is pleased to announce that it has identified,
through negotiations, a new Global partner in Vietnam.
Vietnam has only issued around 10 million debit and credit cards
as of December 2008, and the country has over 86 million citizens.
After a decade of reforms, Vietnam's economy is growing more than
7% a year, lifting incomes and reducing poverty. According to the
World Bank, “the economic reforms have paid off.” Vietnam's per
capita income in the past 10 years has more than doubled.
“This deal expands the relationship between two companies in
some of the fastest-growing areas in the world. We are delighted to
enhance our partnership and extend products to new and existing
customers across multiple geographies. Importantly, this agreement
delivers on our strategy to expand 1World Cards global product
offerings as we seek to further the migration from cash and check
payments in Vietnam,” said Steve Prior, CEO of One World Ventures,
Inc.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management
resourced in Asia and the United States that invests in
technologies, communities, and systems that facilitate trade,
finance, communication, and travel across international boundaries,
cultures, and languages.
The Company looks for simple and inexpensive alternatives to
traditional ways of doing business. Strategic goals in every
business are in leveraging assets and opportunities globally while
focusing on niche markets and providing cost-effective operations.
The Company’s unique holdings will provide revenues predominantly
derived from memberships, commissions, and transactions.
One World Ventures, Inc. will provide substantial growth and
opportunity in the short term and long term. Despite the global
economic downturn, One World Ventures, Inc. is focused to leverage
its diversified and global strategies now, expanding divisions and
adding key personnel to embark on an aggressive marketing and sales
program.
Safe Harbor Statement:
This release contains forward-looking statements with respect to
the results of operations and business of One World Ventures, Inc.,
which involves risks and uncertainties. The Company's actual future
results could materially differ from those discussed. The Company
intends that such statements about the Company's future
expectations, including future revenues and earnings, and all other
forward-looking statements be subject to the "Safe Harbors"
provision of the Private Securities Litigation Reform Act of
1995.
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