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TransferOrbit Adds Ten California Cities to Its TU-DNRO Portable Transfer Network SAINT LOUIS, MO--(MARKET WIRE)--Oct 8, 2008 -- TransferOrbit Corporation (Other OTC:TRBI.PK - News) (www.transferorbit.biz)
-- Following a successful pilot in Vallejo,
California, and in collaboration with TU-DNRO (the exclusive
provider of
financial services for Dance-Concert Promoters, Flea Market
Vendors,
Catering Truck Vendors, Mom & Pop Mexican Stores and
others), has expanded
its membership initiative now to ten more cities in Northern
California.
The TU-DNRO powered by TransferOrbit Network will now service
Stockton,
Modesto, Lodi, Brentwood, Sacramento, Merced, Tracy, Fairfield
Manteca and
Livermore, California. This follows through with the announced
expansion of
its membership drives over all Proociones Valdivia and El
Mexicano Presenta
events in California. "In this market environment where all investors are worried about mainstream stocks, it is time that they wake up to real growth opportunities: the Mexican market in the US," said Jorge Toro, President and CEO. "We have a captive audience of 17 million customers, through our exclusive agreement with TU-DNRO, we have secured more that 128 million impressions per month for the TransferOrbit brand through our advertising contract with Ad-Promo-Mex-Tel. Our brand, along with TU-DNRO will be recognized by millions of Mexican Nationals in the US within a year." In a letter to TransferOrbit, TU-DNRO Executives stated: "We the investors-shareholders principals and executive officers of Ad-Promo-Mex-Tel inc and TU-DNRO Inc. hereby pledge that we will embark on a national campaign starting with California, the state with the 2nd largest population of Mexican nationals next to the country of Mexico and the biggest sender of remittances to Mexico. We will follow with Texas and Illinois and other states with large populations of Mexicans, including New Mexico, Arizona and others. Our goal is to register 1,000,000 members in California in one year and 4 to 5 million in the next year, and go for all the market in the following two years. We can do this since we have the largest Mexican market distribution in the USA with our catering trucks, vendors, concerts, dances and the thousands of Mexican grocery stores in the designated states. Why, you ask, is that every Mexican will sign up and remit their money with us? Very simply put by our chairman, Gonzalo Moya, who has been in the Mexican market all his life (65 years old and his father before him and his grandfather totaling more than a century in that unique market). He and we quote, 'My father once told me that he had met in his life all types of Mexicans, rich, poor, indigenous, caucasians, dark hair, blonde hair, black Mexicans, Asian Mexicans, all types, but he further stated, "Hijo (son) I never met a stupid Mexican." Since we have the least expensive rate, $ 6.00 for an immediate transfer to Mexico, why would they not remit with us? Remember the quote above. All we have to do is let them know about the product with our national campaign and bingo there goes the ballgame. And that is what we will accomplish with this campaign. So wake up and smell those refried beans.'" The TU-DNRO Network provides their distributors (Dance-Concert Promoters, Flea Market Vendors, Catering Truck Vendors, Mom & Pop Mexican Stores and others), with a comprehensive package of products, services, and tools to manage and grow a portfolio of prepaid distribution. Their Mexican-Latino business provides the backbone network to offer a wide range of prepaid products including wireless e-pins, long distance, stored value, prepaid debit/credit, bill payment, money transfers and other products, all running in virtually every POS terminal in the field. They work in conjunction with Ad-Promo-Mex-Tel, which has been promoting Mexican Dances, Concerts and other venues pertaining to Mexican history in California, Illinois, Texas and others for more than 75 years combined. Their Market is the Mexican National living in the U.S.A. who sends $22 billion every year, and spends over $600 billion in the United States. They have over 800 strategic pre-paid ticket centers in California, Nevada, Texas and Arizona that sell the Dance-Concert tickets, and can convert them easily into P.O.S.s and/or Kiosk Centers. In addition, TU-DNRO Inc. also has agreements with Lunch Truck Owners/Operators that can distribute and sell their products all over the Country. For more information regarding TU-DNRO Inc., Ad-Promo-Mex-Tel Inc., and El Mexicano Presenta, please visit: www.tu-dnro.net -- www.adpromomextel.com -- www.elmexicanopresenta.com TransferOrbit, a Florida Corporation, is an electronic intermediary for money transfer providers. Banks and non-banks use the Company's scalable, turnkey system of proprietary software and secure network processing to facilitate the person-to-person transfer of money on a "private label basis" throughout Latin America. Providers piggyback on the Company's established network in the United States and 17,000 transfer agents in countries throughout Latin America. FORWARD-LOOKING STATEMENTS: Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; the Company will inform the public in a timely and appropriate manner. Contact: For more information on TRBI contact
David Loflin
(888) 751-5969
info@buildyour.info
Source: TransferOrbit Corporation
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