Reward Enterprise's Consumers Choice Unit Announces Web-Site Initial Operations
HOUSTON, Mar 21, 2005 (BUSINESS WIRE) -- Reward Enterprises (OTCBB: RWRD), a
diversified financial services company specializing in sub-prime consumer
lending, announced today that the initial phase of its web-site is now
operational.
The web site is now in stage one of development, where the site collects contact
information for potential customers that are requesting information on the
Company's sub-prime products. The site is initially collecting information for
debit card purchases. Forecast revenue projections for the debit card programs
are $4,370,625 in 2005 and $14,979,750 in 2006.
Stage two of the web site will be to promote the site and bring an increased
volume of potential customers to the site. As announced previously, additional
products such as identity theft, insurance and mortgage lending programs will be
introduced throughout the year.
Stage three will be the fully developed site that will include credit card
lending. This stage is dependent on the Company completing its bank charter
application and approval process.
President Jeff Fisher commented, "The Company's web-site is an integral part of
our business plan. We are pleased to have the site operational for it's initial
phase of development. Each month, we should have more function on the site as
more products come on-line."
About Consumers Choice Financial Services, Inc.
Consumers Choice is a consumer financial services company with operations in
consumer debt-acquisition and many facets of sub-prime consumer lending. Based
in Houston, Consumers Choice has an aggressive growth and expansion plan that
includes a bank charter for issuing credit cards to targeted sub-prime
consumers. For more information, visit www.consumerschoicefinancialservices.com.
Disclaimer: Statements about the company's future expectations, including
revenues and earnings and all other statements in this press release other than
historical facts are "forward looking statements" within the meaning of section
27A of the Capital Securities Act of 1933, section 21E of the Securities
Exchange act of 1934, and as the term defined in the Private Litigation Reform
Act of 1995. The Company's actual results could differ materially from expected
results. The company undertakes no obligation to update forward looking
statements to reflect subsequently occurring events or circumstances. Should
events occur which materially affect any comments made within this press
release, the company will appropriately inform the public.
SOURCE: Consumers Choice Financial Services, Inc.
CONTACT: Reward Enterprises, Inc.
Vera Ferkashun, 713-937-1117
mail@consumerchoicefs.com
Copyright Business Wire 2005
KEYWORD: United States
North America
Texas
INDUSTRY KEYWORD: Technology
Internet
Professional Services
Banking
Finance
Other Professional Services
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