Let me make it clear about CASH NOW CORPORATION Goes Public

Let me make it clear about CASH NOW CORPORATION Goes Public

FT. LAUDERDALE, Fla.–( COMPANY WIRE )–Nov. 5, 2004–CASH NOW CORPORATION (Pink Sheets:CHNW) went general general general public this week, exposing their intends to aggressively pursue business development utilizing a licensing networking. The business will focus its efforts to mention its marketing that is new opportunity people, making its unique online system of payday advances licences accessible to business owners.

CASH NOW CORPORATION is developing the essential comprehensive solution in the money advance industry, utilising the money Now brand. While the pioneers into the pay day loan industry, and after vast research and development, Andrea Zecevic CEO, claimed “Cash Now is perfecting the thought of “lending cash until payday”.

Drawing on our knowledge and expertise as lending professionals, we now have created a great business design that actually works. The business started testing an authorized concept nationally with corporately operated and jv areas. It has been an unqualified success. Today, the cash advance company is certainly one element of a huge variety of economic solutions money Now has at its disposal.

Payday advances is amongst the quickest growing companies in, not just the usa, but Canada, Australia, England, brand brand brand New Zealand, Southern Korea and much more. The advance that is payday ended up being practically non presence in 1990.

One pay day loan team estimates over $25 billion bucks in pay day loan revenue will take place in 2004. 100 million deals will happen.

12 million households are going to be offered. The Tennessee Department of banking institutions reported to its legislature that licensed payday lenders received over 30% return on the investment in the 1st nine months of appropriate procedure.

Stephens Research, an investment that is well-known forecasts a possible mature marketplace for 25,000 shops producing $6.75 billion in costs yearly in 2010! We estimate you can find presently 40,000 individuals used in the industry with $1.1 billion in wages compensated by wage advance companies.

Revenue Guide mag recently ranked the money Now selection of organization’s quantity 10 out from the 50 quickest growing & most promising companies that are emerging. Our C.E.O. happens to title loans ME be selected as you of Canada’s top 40 under 40 professionals, by the world and Mail report on business, Canada’s National business daily paper.

Our top and mid administration staff are believed industry visionaries. Many of them have already been used by a number of our competitors that are top plus some have actually rated because high as the President and C.O.O. Our internet site is rated within the top 5% globe top and wide 100 regarding the industry. We have been the fastest growing, many e-commerce enabled, content rich portal of your industry (supply Alexa January 2004).

The Cash Now title, logo design and manufacturer understanding is promoted extensively by our full-time I.T. personnel, who ensure that several million impressions for the Cash Now brand is served daily.

The money Now brand dominates the industry with 10% click right through price set alongside the 2% industry price and our competition average. (source search that is google April 29/02 to Aug 9/02 monitoring period). Every one of this translates to more consumer appeal for the Licensees.

Things talked about in this news release are “forward-looking statements.” Statements explaining goals or objectives or perhaps the organization’s future plans may also be forward-looking statements and generally are susceptible to particular dangers and uncertainties, like the performance that is financial of business and market valuations of their stock, which may cause real leads to vary materially from those expected.

Forward-looking statements in this news launch are formulated pursuant towards the “secure Harbor” conditions of the usa Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements include dangers and uncertainties, including, without limitation, dangers concerning the power to shut deals being contemplated, dangers associated with product sales, proceeded acceptance of money Now’s items, increased level of competition, technical modifications, reliance on intellectual home liberties as well as other risks detailed every once in awhile in Cash Now’s regular reports filed with all the usa Securities and Exchange Commission as well as other authorities that are regulatory.

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