UC HUB GROUP, Incorporated's Wholly-Owned Subsidiary, eSAFE, (eSAFEcards.com), Announces Contract With the National Indoor Football League Team, The Southwest Louisiana Swashbucklers
LOS ANGELES, April 14 /PRNewswire-FirstCall/ -- UC Hub Group, Incorporated, (www.uchub.net) a publicly-traded company quoted on the OTC Bulletin Board (OTC Bulletin Board: UCHB), is pleased to announce that eSAFE, its financial services division that distributes pre paid debit and gift cards has signed a contract with The Southwest Louisiana Swashbucklers to market and sell the eSAFE Cards at their home location, the Lake Charles Civic Center. eSAFE considers this a prime affinity market with built in distribution complimented by an existing and sizable customer base. The NIFL also donate funds to their Sports for Education fund that will also be enhanced by the eSAFE Cash and Loyalty Program. Alice Kong, President of eSAFE, a wholly-owned subsidiary of UC Hub Group Inc., has begun to aggressively market its stored value gift card and cash card program by using existing retail distribution chains, affinity groups, and Independent Sales Organizations (ISO). The Southwest Louisiana Swashbucklers is a football team within the rapidly growing National Indoor Football League, which has entered into an officiating agreement with the National Football League. The eSAFE card will carry the team logo and is being offered to provide benefits and convenience to their fans. The eSAFE Card will allow the customer access to cash and the benefits of both an ATM and retail card at all the Star and PLUS labeled ATMs and the traditional Point of Sale locations where pin-based debit transactions are accepted. Swashbuckler management believes the eSAFE Card is the answer to a new virtual banking tool many of their team's fans have been seeking while at the same time showing support for their team and community. eSAFE and its creative management will now work on the development of a reciprocal "loyalty program" between The Swashbucklers and all the eSAFE customers in addition to adding further benefits to the eSAFE card. The Southwest Louisiana Swashbucklers enjoy entertaining thousands of fans a year both at home games and as the visiting team. Larry Wilcox, the President and CEO of UC Hub Group Inc., states, "The significant multiple (12X-24X) of this financial services subsidiary (eSAFE) is very encouraging and we are equally excited about exposing the eSAFE card to thousands of Swashbuckler fans! We are thrilled about combining this transactional-based business with a complimentary residual revenue stream which will reduce client acquisition costs while increasing revenue per customer. We hope to add discounts and rebates with a very impressive CRM (Customer Relationship Management) tool to enhance the relationship." About UC Hub: UC Hub Group Inc., (ticker symbol UCHB.OB) is a digital distributor of electronic services to businesses and municipalities. Presently, UC Hub Group offers communication services that include online billing, Wi-Fi, VoIP, long distance, phone systems, software, Municipal Government software and banking services through, eSAFE Inc to "Digital Cities". The value consists of proprietary technology, strategic relationships, leveraged digital distribution capability, existing customers, and a one-stop-shop to run a "Digital City" and its transactional based electronic services. A "Digital City" will potentially have many of the important sectors (the neural network comprised of Banking, Government, Communications, Health, Education, and Entertainment,) available for connection to a Digital Access Hub in 2005. http://www.esafecards.com http://www.uchub.net http://www.allcomusa.com
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to implement eSAFE on a national scale, the future market price of UCHB common stock and UC Hub's ability to obtain the necessary financing. SOURCE UC HUB GROUP Inc.
Mr. John Cheney of UC Hub Group, Inc., +1-909-945-8563 14Apr05 15:27 GMT Symbols: us;UCHB Source PRN PR Newswire
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