cMoney – IBM Business Partner
30 Juin 2011 - 2:00PM
Business Wire
cMoney, Inc. (OTCBB:CMEY) is a Houston-based company that
is at the forefront of global mobile phone-based payments and money
transfers, while using the POS and ATM payment system. The cMoney
solution utilizes secure patent pending technology for its mobile
phone users, retailers, and financial institutions, and continues
to innovate and strengthen the cMoney brand globally. cMoney is
honored to be accepted as an IBM Business Partner.
As cMoney continues to finalize our early stages of funding,
roll-out plans and business partners, cMoney announces our business
partnership with IBM. cMoney now has access to IBM’s international
hardware and software technology which will allow us to transition
to our first stage prior to launch, which will be the enhancement
of our cMoney demonstration solution. Our long standing technology
development team has been an IBM Premier Business Partner for many
years. Our development partner has built and enhanced their
infrastructure on IBM hardware and software including IBM’s
middleware, Web Sphere and database software utilizing IBM’s
Information Management - DB2.
cMoney will work with IBM’s Global Innovation Centres to assist
cMoney with its large infrastructure integration and its
performance and platform synchronization for all transactions. This
will ensure that our cMoney solution can meet our forecasted
volumes, during peak demands. cMoney will then share these results
with our potential customers and partners to reduce the risk and
implementation timeframes.
cMoney CEO Paul Matthews said, “I have worked with IBM as a
business partner since 1985 and understand their excellent hardware
and software products very well. It is important that the cMoney
total combined solution and platform offering with IBM and our
cMoney business partners offers our customers, with an IBM
infrastructure installed, a significantly reduced overall security
risk and reduced time to market. This will increase our ability to
generate revenue for merchants and shareholders more quickly. Now
collectively, with our partner IBM, the cMoney application is the
total solution for our customers, which has the competitive
advantage to revolutionize the mobile payments market which allows
cMoney to remain Number “1” worldwide.”
About cMoney, Inc.
cMoney, Inc., a Houston-based technology company that provides
innovative secure mobile payment solutions for mobile phone users,
retailers and financial institutions, has developed an innovative
way to send money and pay for goods and services using a mobile
phone and the text messaging system protected by patents. Scheduled
to debut in 2011, the pioneering technology will create a “virtual
wallet” that will eliminate exposure to identity and credit card
theft for users. It can be used anywhere that cash, checks, ATM’s
or credit cards are accepted.
For more information, visit www.cmoney.com or by email at
contactus@cmoney.com.
About IBM
IBM (NYSE: IBM), a 100 year old, globally integrated enterprise,
head quartered in New York State, maintain a growing Business
Partnership program. For more information visit
https://www-304.ibm.com/partnerworld/wps/servlet/ContentHandler/pw_home_pub_index?lnk=ftif
Forward-Looking Statements
Certain statements in this press release may constitute
"forward-looking statements". Forward-looking statements provide
current expectations of future events based on certain assumptions
and include any statement that does not directly relate to any
historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements as a result
of various important factors, including: risks related to the
integration of acquisitions and the ability to market successfully
acquired technologies and products; the ability of cMoney, Inc.
(“the Company”) to effectively compete; the timing and
effectiveness of the planned launch of the new cMoney solution; the
inability to adequately protect Company intellectual property and
the potential for infringement or breach of license claims of or
relating to third party intellectual property; risks related to
data and information security vulnerabilities; ineffective
management of, and control over, the Company's growth and
international operations; adverse results in litigation; and
changes in and a dependence on key personnel. The forward-looking
statements included in this press release represent the Company's
views as of the date of this press release and these views could
change. However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of the press release.
cMoney (CE) (USOTC:CMEY)
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