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CSRH, Consorteum Holdings Inc, CSRH.OB
“Consorteum Holdings, Inc. Commercially Launches My Golf Rewards”
DrStockPick Stock Report! Tuesday July 28, 2009
Consorteum Holdings, Inc. Commercially Launches My Golf Rewards
Consorteum Holdings, Inc. (OTCBB: CSRH ) announced recently that �My Golf Rewards Canada Inc.,� a majority owned subsidiary of Consorteum Holdings, Inc., will immediately launch its Loyalty and Rewards program into the North American golf industry.
After extensive testing, development, and planning, My Golf Rewards has started the initial commercial deployment of its loyalty and rewards program into the golf industry across Ontario, Canada. The program will be further expanded throughout the United States and the rest of Canada over the coming year. My Golf Rewards drives its ongoing revenues based on compensation from each participating golf course in the program. Fees are charged on every transaction processed, plus a percentage of the total sale or redemption amount.
Quent Rickerby, President & COO of Consorteum Holdings, Inc., said, �The My Golf Rewards program is the culmination of several years of planning and development with our joint venture partner and technology provider to create a truly unique and beneficial solution to the golfing industry.�
The My Golf Rewards program is designed to help golf courses recognize increased revenue potential, while establishing direct long-term relationships with its members. My Golf Rewards cardholders will receive ongoing rewards and savings based on loyalty to any participating golf course. According to industry stats, there are over 26.0 Million golf players in the United States and 5.95 Million golfers in Canada.
Bill Mathews, President of My Golf Rewards, said, �The program will eliminate the traditional discounting practices within the golf industry and provide a solution that rewards the members to increase spending within the golf course.�
About Consorteum Holdings, Inc. (CSRH.OB)
Consorteum Holdings Inc.�s business strategy is to build on extensive expertise within the Payments and Transaction Industry in North America, Europe and Internationally. By identifying new technologies and trends in the changing global marketplace, Consorteum Holdings Inc. aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. Consorteum Holdings Inc. has built its reputation with one goal, �For our customers to look at us as partners, not just a technology provider.�
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Consorteum Holdings Inc.
2900 John Street, Suite 202,
Markham, Ontario, Canada L3R 5G3
Telephone: +1 866 824 8854
investors@consorteum.com
Source: Consorteum Holdings Inc.
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