No Borders, Inc. (Pink Sheets:NBDR) announced that it has signed an agreement with Transaction Management LLC (TMLLC) to provide No Borders' stored value card customers with enhanced loading capabilities at Merchant payment locations throughout the United States. Any No Borders� customer will be able to load funds onto his or her noboCARD� at any of the TMLLC participating Merchant locations simply by handing the desired amount of funds to the Merchant. The noboCARD� is the No Borders prepaid reloadable debit card product for the unbanked and migrant community which is scheduled for deployment during the fourth quarter of this year, pending regulatory approval of certain specific card features. Raul Hinojosa, President of No Borders, stated, �This agreement with TMLLC together with the Company�s agreements with Western Financial LLC and Morgan Beaumont and their respective load networks will provide convenient locations for No Borders� customers to load money onto the noboCARD�.� Ron Phillips, President and Interim CEO of TMLLC, stated, "We are excited to have expanded our relationship with No Borders and provide load services for the No Borders noboCARD�, a premier offering in the markets they serve. By adding the TMLLC load network to their load options, No Borders can offer customers an economical and convenient way to load funds on to their cards.� About No Borders, Inc. No Borders, Inc., a Nevada Corporation, is in the business of providing financial services and products that include a debit and stored value card platform through which a variety of financial and commercial services and products can be offered to residents of developing countries and to immigrants from those countries who reside in the United States and send money back home on a regular basis. No Borders offers significantly lower cost money transfers through licensed money transmitter partners and financial institutions and long distance telephone services, initially focusing on Latin America, and now adding Pakistan and other countries in Asia, the Middle East and Africa to its focus after completing its alliance with InfoSpan Inc. According to Inter-American Development Bank, Latin American immigrants in the US sent back home an estimated $40 Billion in 2005 with an annual growth rate of about 20%. The Company believes that it will accelerate its penetration into this growing market, first by reducing the excessive costs currently charged to the consumer, and second by offering a full range of financial and commercial services and products to this emerging transnational market, at significantly lower prices. About Transaction Management LLC Transaction Management, LLC is a leading electronic payment services company providing electronic transaction services and walk-in payment services to a nationwide market. Among its product offerings, TMLLC currently markets the EmpaSys� Walk-In Money Solutions from Security Bank. The company offers services through its channel partners and referral agents for electronic commercial banking and walk-in payment services. These services, along with the many other electronic payment processes that the company provides, enhance merchants' ability to increase their walk-in traffic, increase their revenues, and accept payments anytime, anywhere and in any fashion. Certain statements in this release and other written or oral statements made by or behalf of the company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the company's services and projects and the company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements were made. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise. No Borders, Inc. (Pink Sheets:NBDR) announced that it has signed an agreement with Transaction Management LLC (TMLLC) to provide No Borders' stored value card customers with enhanced loading capabilities at Merchant payment locations throughout the United States. Any No Borders' customer will be able to load funds onto his or her noboCARD(TM) at any of the TMLLC participating Merchant locations simply by handing the desired amount of funds to the Merchant. The noboCARD(TM) is the No Borders prepaid reloadable debit card product for the unbanked and migrant community which is scheduled for deployment during the fourth quarter of this year, pending regulatory approval of certain specific card features. Raul Hinojosa, President of No Borders, stated, "This agreement with TMLLC together with the Company's agreements with Western Financial LLC and Morgan Beaumont and their respective load networks will provide convenient locations for No Borders' customers to load money onto the noboCARD(TM)." Ron Phillips, President and Interim CEO of TMLLC, stated, "We are excited to have expanded our relationship with No Borders and provide load services for the No Borders noboCARD(TM), a premier offering in the markets they serve. By adding the TMLLC load network to their load options, No Borders can offer customers an economical and convenient way to load funds on to their cards." About No Borders, Inc. No Borders, Inc., a Nevada Corporation, is in the business of providing financial services and products that include a debit and stored value card platform through which a variety of financial and commercial services and products can be offered to residents of developing countries and to immigrants from those countries who reside in the United States and send money back home on a regular basis. No Borders offers significantly lower cost money transfers through licensed money transmitter partners and financial institutions and long distance telephone services, initially focusing on Latin America, and now adding Pakistan and other countries in Asia, the Middle East and Africa to its focus after completing its alliance with InfoSpan Inc. According to Inter-American Development Bank, Latin American immigrants in the US sent back home an estimated $40 Billion in 2005 with an annual growth rate of about 20%. The Company believes that it will accelerate its penetration into this growing market, first by reducing the excessive costs currently charged to the consumer, and second by offering a full range of financial and commercial services and products to this emerging transnational market, at significantly lower prices. About Transaction Management LLC Transaction Management, LLC is a leading electronic payment services company providing electronic transaction services and walk-in payment services to a nationwide market. Among its product offerings, TMLLC currently markets the EmpaSys(TM) Walk-In Money Solutions from Security Bank. The company offers services through its channel partners and referral agents for electronic commercial banking and walk-in payment services. These services, along with the many other electronic payment processes that the company provides, enhance merchants' ability to increase their walk-in traffic, increase their revenues, and accept payments anytime, anywhere and in any fashion. Certain statements in this release and other written or oral statements made by or behalf of the company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the company's services and projects and the company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements were made. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.
No Borders (CE) (USOTC:NBDR)
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