Payday Loan Leader Cash Now Offering Turnkey Foreign Exchange Software for Entrepreneurs
FT. LAUDERDALE, FL -- (MARKET WIRE) -- 12/12/05 -- Cash Now Corporation (OTC: CHNW), a pioneer and continuing leader in the payday loan and check-cashing industry, today announced it is offering entrepreneurs a "turnkey" way of entering the potentially lucrative business of exchanging foreign currencies.
The service, called Cambio Express, can be operated as a stand-alone business or in conjunction with a Cash Now or a Cash Express business.
"Our proven software will constantly monitor more than 170 world currencies, giving you instant conversion exchange rates," said Kevin Price, Cash Now's president. "Once again, what Cash Now is doing is offering our expertise to entrepreneurs, so they can get into operation quickly and save themselves the trouble and expense of trying to learn everything themselves."
Cambio Express will instantly reflect the current day's foreign exchange rates when converting foreign currency into local currency. For a list of countries supported by Cambio Express, please call Cash Now directly or visit www.cashnow.com.
Cambio Express is not a franchise; no royalties are paid to Cash Now. Rather, Cambio Express is online software that monitors world currencies and does the calculations to provide instant conversion exchange rates.
"This can be a standalone business or it can complement pre-existing businesses," said Price. "That's how we like to do things at Cash Now. We're flexible, to meet the needs of a various entrepreneurs. This is a way for people to skip the learning curve and profit immediately from our knowledge and experience."
For more information on these offerings visit www.cashnow.com or call 1-866-763-2274 (CASH).
ABOUT CASH NOW
Cash Now Corporation (OTC: CHNW), a pioneer in the payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operated joint venture locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike -- as well as the ability to complete payday loans online, via a phone call or in person. Cash Now offers a payday loan license program, Payday Express; a payday loan and check-cashing license known as Check Express; and a host of related financial services for small and medium-size businesses. Profit Guide magazine recently ranked the Cash Now Group 10th in its list of the 50 fastest growing and most promising emerging companies.
Safe Harbor Statement
Information in this press release may contain "forward-looking statements." Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the United States Securities and Exchange Commission and other regulatory authorities.
