Archive for the ‘Consorteum Holdings, Inc. CSRH’ Category

Consorteum Holdings, Inc. (CSRH) Continues Mobile Publishing Move

Thursday, February 23rd, 2012

In January, when Consorteum Holdings, together with its wholly owned subsidiary, Tarsin, Inc., announced the launch of the CAPSA mobile wagering compliance platform, it was the latest move in Consorteum’s transition to mobile publishing. Consorteum is growing itself as a mobile publishing company, focused on mobile offerings, delivery of mobile content, mobile payments solutions and products through a mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements. Consorteum earlier acquired Tarsin, Inc., a mobile platform technology company based in Lake Tahoe, Nevada, which will become Consorteum’s new headquarters.

Consorteum’s COO, Patrick Shuster, described the important role of Tarsin in Consorteum’s developing strategy: “The acquisition of Tarsin is the first step to moving our Company into Mobile Publishing. Tarsin has spent the past nine years as a premier mobile publisher, building a team of software developers that understands the issues and complexities of delivering digital media content across mobile handsets. Tarsin brings with it integration and support for over 700 mobile carriers globally and has experience with delivering mobile applications as the mobile publisher of Dilbert, Hallmark, Mattel, to the mobile applications market on a seamless and secure platform. In essence, Tarsin will allow the Company to take advantage of the increasing demand for delivery of rich mobile content to the end user, which complements and extends Consorteum’s capabilities and positions us to compete in world markets.”

CAPSA has a proven capability of bringing a universal solution to the problems of wagering and betting in the fractured world of mobile, where multiple different operating systems, user interfaces, and form factors create enormous barriers to launching commercial propositions. As result of half-a-million man hours in engineering, CAPSA represents a single solid repository for content management and delivery of mobile betting, wagering, and sports book offerings.

For more information about the company, please visit: www.consorteum.com, www.tarsin.com, and www.mediaexchangegroup.com.

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Consorteum Holdings, Inc. (CSRH) is “One to Watch”

Thursday, February 9th, 2012

Consorteum Holdings, Inc. utilizes the most technically advanced global solutions available today. By working with a multitude of global technologies, Consorteum is able to create customized programs for maximum results. This approach enables unparalleled flexibility when sourcing solutions, resulting in smarter, faster deployment of technologies, competitive pricing, and potential for new streams of revenue.

Through its exclusive software license with Tarsin Inc., the company leverages a team of software developers that understands the complexities of delivering digital media content across mobile handsets. Tarsin is capable of providing clients with integration and support for over 700 mobile carriers globally on a seamless and secure platform to take advantage of the increasing demand for rich mobile content.

Consorteum’s flagship CAPSA technology platform brings a universal solution to the problems of wagering and betting on mobile devices. Multiple different operating systems, user interfaces, and form factors have created enormous barriers to launching commercial initiatives. But with CAPSA, gaming operators can now cost-effectively monetize innovative mobile wagering products and services quickly and robustly.

In addition to its mobile initiatives, Consorteum is also actively engaged in the financial industry, providing MasterCard solutions as well as loyalty and reward programs. The company has strategically designed its business initiatives to create repetitive transactions on an ongoing basis. Consorteum’s goal is to have their customers think of them more as partners, rather than just technology providers, for longer-lasting, more profitable relationships.

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Consorteum Holdings, Inc. (CSRH) Uses Card Technologies to Fill Gaps in Worldwide Financial Services

Thursday, September 29th, 2011

When Consorteum Holdings announced earlier that it was launching an innovative MasterCard® program, targeting the Canadian Aboriginal communities, it was a reflection of the company’s overall strategy to fill large gaps in the provision of comprehensive financial services to all segments of the population. In the case of the First Nations MasterCard Program, it was a major move to make life easier for a significant national community.

The card functions much like any MasterCard. Pre-loaded with authorized funds, it is available to anyone, and offers a more efficient and safer way to transfer funds to individuals than by issuing checks, which can be lost or stolen, and which can be difficult to cash if you don’t happen to have a local bank account. As with a regular MasterCard, purchases can be made virtually anywhere, with the amount of the purchase simply being deducted from the card’s balance. The card can also be used for obtaining cash at participating ATM machines.

From a larger perspective, Consorteum’s products represent the application of the latest digital technologies, together with key connections within the financial industry, to help companies and organizations more efficiently transfer payments and process transactions. Other applications include the development of customized loyalty programs for clients, where card technology is used to reward loyal customers, or providing healthcare patients with card-based systems for tracking and managing health records and transactions. The company also makes it easy for ship operators to pay international employees that require different currencies.

More than a simple financial service, it can change lives. It was perhaps best said by Rudy Youngblood, a Native American who has spent much of his life raising the profile of Native American communities throughout Canada and the United States: “This journey presents a once in a lifetime opportunity to be part of a program that will change history. This is something I have been fighting for all of my life and to provide the Tribal regions with access to a full suite of financial services is tremendously empowering.”

For more information, visit www.Consorteum.com

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Consorteum Holdings, Inc. (CSRH) Selects Lead Spokesman for the Launch of First Nations MasterCard Program

Thursday, July 21st, 2011

Consorteum Holdings, Inc., developer of digital media services and solutions, announced that Rudy Youngblood will be the lead spokesman for the company’s innovative MasterCard® program which will be initially targeted at Canadian Aboriginal communities.

A Native American, Rudy Youngblood is very proud of who he is and where he comes from. Prior to making his film debut as the lead role in Mel Gibson’s Apocalypto (2006), Youngblood toured for three seasons with the Native American dance/theatrical production Peter Buffett’s Spirit – The Seventh Fire as the Warrior Protector. In 2005, he moved to Los Angeles to create his own theatrical production. Youngblood spent weeks preparing for the filming of the movie, for which he had to learn the Yucatan Maya language.

Rudy’s passion is motivating youth and spends time talking to them whenever he can. He sees the youth as the future. Rudy is currently planning a motivational speaking tour across Canada and the United States inspiring and encouraging the younger generations in the Native Tribes as well as in the inner cities that surround them. Rudy is also working to create an environmentally friendly charity fund that will be incorporated with his motivational speaking tour. Rudy is passionate about giving back to his native people and people of all backgrounds to help them succeed. Rudy is an entrepreneur affiliated in various business fields which integrate his many ideas and passions.

According to Consorteum, the First Nations program fits perfectly with Rudy’s stated desires to help people. Commenting on his involvement, Youngblood stated, “This journey presents a once in a lifetime opportunity to be part of a program that will change history. This is something I have been fighting for all of my life and to provide the Tribal regions with access to a full suite of financial services is tremendously empowering. It brings tears to my heart to think this movement is really happening and that my small role may help improve the lives of many people. I am proud to be a native man and speak for all of my people, and also for the inner-city youth. We are all one and should work together and grow as one… remember we are all people after all.”

In the third quarter, a series of launch events are planned across Canada headlined by actor Rudy Youngblood. Major cities will include Ontario, Alberta, New Brunswick, and Saskatchewan. These First Nations launch events will help set the key messages of the First Nations Community program, driven through three key words “Inspire, Community and Unity.” Rudy Youngblood is a positive role model to aboriginal youth and youth in general. He will be able to convey his message of hope and opportunity through motivational presentations and performances at each event location. He will touch all people in each aboriginal community through his talks and artistic performances. In doing so, Consorteum aims to draw awareness to the launch of Financial Services, the first of which will be the First Nations Community MasterCard® developed and managed by Consorteum Holdings, Inc.

By issuing cards instead of checks, the community can save the cost and time associated with creating and mailing/distributing checks, and additional costs associated with replacing a lost or stolen check. The First Nations MasterCard® acts and looks just like a regular credit card. The MasterCard® cards are loaded with funds in advance and are easily re-loadable, making it a great and safe alternative to carrying cash. Unlike a traditional credit card, purchases made with the card are automatically deducted directly from the card balance. Offering many of the same safety and security features as a regular MasterCard®, the First Nations MasterCard® allows cardholders to make purchases or withdraw cash from participating ATM machines.

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Consorteum Holdings, Inc. (CSRH) Announces Acquisition of Media Exchange Group, Inc.

Thursday, July 14th, 2011

Today before the opening bell, Consorteum Holdings, Inc. announced that it has completed the acquisition of Media Exchange Group’s assets and mobile licensing agreements.

Craig Fielding, CEO of Consorteum, commented, “As indicated in the press release announcing our definitive agreement, Consorteum plans to expand and strengthen its ability to move into the next generation mobile banking era and offer the mobile applications that consumers have demanded.”

“Media Exchange Group’s CAPSA platform will enable Consorteum to develop new services that greatly enhance our ability to process financial transactions, which has been the core strength of our company,” he continued. “In addition, we believe that our newfound ability to deliver mobile content seamlessly across diverse devices will allow us to directly engage the public with services that are both simple to use and powerful in functionality.”

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Consorteum Holdings, Inc. (CSRH) Announces Acquisition Agreement; Expands Focus to Include Mobile Offerings

Tuesday, June 7th, 2011

Consorteum Holdings, Inc. today announced that it has signed a definitive acquisition agreement with Media Exchange Group, Inc. (MXGI) and China Wireless Communications, Inc. (CWLCD) whereby the company will acquire all of the assets of Media Exchange Group, Inc.

MXGI is a digital media, technology, entertainment, wireless gaming and mobile publishing company that offers digital strategy and content in the form of mobile applications, digital media, web and broadcast products via its unique mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements.

Craig Fielding, CEO of Consorteum Holdings, commented, “Our acquisition of Media Exchange Group will position us to be able to offer multiple mobile platform opportunities through MXGI’s proprietary mobile platform CAPSA.”

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Consorteum Holdings, Inc. (CSRH) Video Chart for Tuesday, June 7, 2011

Tuesday, June 7th, 2011

CSRH has a nice look on the daily charts, which inspired us to take a look at the weekly charts. The indicators and candles combined show that they pps could be positioned for a larger move in coming weeks with the MACD trending on zero and the candles pushed towards the upper portion of a long-term channel. Technical traders will be on alert for indicators breaking through zero-barriers and the candles pushing towards resistance in the area of $0.0083.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php

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Consorteum Holdings, Inc. (CSRH.PK) Signs Agreement to Deploy Branded MasterCard(R) Prepaid Card Services to First Nations Communities in Canada

Tuesday, December 7th, 2010

Today before the opening bell, Consorteum Holdings, Inc. announced that its wholly-owned subsidiary Consorteum, Inc. has signed a five year Prepaid Card Distribution Agreement with Peoples Trust Company to provide a “Consorteum custom branded” MasterCard prepaid payroll card program to First Nations communities throughout Canada.

Through the agreement, Consorteum will be able to market and distribute its own co-branded MasterCard prepaid payroll card (branding to be announced) such that the cards can be directly loaded by each First Nations community administration with payroll and benefits through direct payroll loads. According to the press release, the cards will be issued by Peoples Trust Company as a licensed issuer of MasterCard prepaid cards in Canada.

The company anticipates launching the program early next year, with the program initially being marketed to over 600 First Nations communities in Canada with more than 400,000 eligible participants. Consorteum will share revenues generated by the program operation directly with those participating communities and believes that the revenue sharing arrangements may create employment and training opportunities within those communities.

Craig Fielding, CEO of Consorteum Holdings, Inc., commented, “After a long time planning and building the relationships required to deploy this program, we are very happy to be launching the program. This initiative is a priority for Consorteum Holdings as it validates the work put into it by a very dedicated team. Given the relationships and commitments we have already received, we expect to see the positive adoption of the program in early 2011. We expect the success of the program to drive revenues directly back to the participating communities to help train, employ and support the local First Nations communities.”

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Consorteum Holdings, Inc. (CSRH.OB) Firmly Established for Further Success

Wednesday, November 17th, 2010

Consorteum Holdings Inc. has strategically expanded its operations to cover almost every aspect of card, payment, and transaction processing. The primary focus of the company’s solutions has always been to facilitate the transfer of financial or informational value in the most cost effective, creative, and user friendly way possible, making it easier on businesses while making it attractive to customers.

Here is a sample of the markets currently being addressed by Consorteum to give an idea of their range of service.

• Unbanked/Underbanked – It is estimated as much as 30% of the work force (some 130 million in North America alone) have minimal or no banking relationship. And yet these individuals often receive things like government benefits, payroll checks, or other types of payments. The banking industry has traditionally overlooked this market because such individuals don’t readily fit the bank’s standard cost/risk model, and don’t qualify for credit cards, mortgages, and CDs. Instead, banks routinely demand $8-$15 per month to maintain a zero balance checking account, and check cashing stores can charge 2%-5% to cash a pay check. In addition, immigrant workers often face significant fees for transferring funds to support relatives in foreign countries due to a lack of a better banking solution. Electronic card transfers provide a much more attractive way for such people to access their money.

• Check Cashing – The check cashing outlet industry services over 30 million people, and processes more than $80 billion worth of checks annually, usually payroll checks having a value of $500-$600. These are mostly young blue and white collar workers in the retail and service industry, often unbanked by choice. These individuals typically spend a full 10% of their net income on associated transaction servicing fees.

• Loyalty & Reward Programs – These are marketing programs designed to attract, keep, and cultivate a company’s customer base. Good loyalty programs encourage customers to join and continue to be good customers, buying more frequently and spending more with each transaction. They usually do this by offering perks for membership and for purchases. It’s a successful and growing idea, and top level VIP programs have even acquired a social cachet exceeding the financial value to the customer. The use of card processing makes such programs easier to manage and more attractive to customers.

• Payroll Cards – Payroll cards are a simple way to give employees immediate access to their pay, and can be used at an ATM, in stores, or to pay bills. Each pay period, pay is automatically deposited into the individual’s card account. Cardholders can receive monthly statements, and do not need a traditional banking relationship. The approach is particularly useful for part-time or temporary employees.

• Health & Wellness Industry – These are card programs developed to help customers better manage their own personal health and wellness, by facilitating informational transactions related to things like health risk assessment, personal health records, emergency medical records, diet and fitness tools, medical search engines, and even genetic testing. Cards can also be used to pay for services.

• Stored Value & Gift Cards – There are already more than 2,000 stored value card programs now available, involving 7 million branded cards, and yet trend analysts still consider the industry at the early growth stage. In other words, the multi-billion market, serving tens of millions of customers, still has a long way to grow.

• Consumer Rebate Programs – Rebate programs are extremely popular, but often inconvenient for both the vendor and the customer. There’s a huge need to streamline these programs, making them simpler for users and processors, and more cost effective. Providing consumers with rebate gift cards has been shown to greatly increase customer satisfaction, leading to a more positive overall view of the vendor by the customer.

• Merchant Discount Rates – These are percentage rates charged by financial institutions and processors to a merchant every time a customer uses a credit card. The amount charged is an important financial factor to every vendor, considering the number of card transactions some businesses face. A reduced discount rate greatly increases the value of an offering to a vendor.

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Consorteum Holdings, Inc.’s (CSRH.PK) MasterCard Benefits Program Continues to Move Forward

Thursday, November 11th, 2010

Consorteum Holdings, Inc. was pleased to announce today that its MasterCard benefits pilot program with the First Nations initiative in New Brunswick, Canada, has begun the second phase of implementation subsequent to the successful deployment among the community’s administration group.

Recently doubled in size to include additional community members, the pilot program is now accepting direct deposit of funds. The company will continue to collect the valuable data provided by the pilot to support the launch of a nationwide initiative. Recently obtaining the capital required for further expansion, Consorteum anticipates having sufficient data for a scheduled multi-location rollout in early 2011.

Craig Fielding, CEO of Consorteum Holdings, Inc., stated, “After a considerable planning process we are now expanding this pilot to confirm that the data received thus far is indeed supportive of a national initiative. We have communicated with the other First Nations communities involved, introducing them to the MasterCard benefits program for rollout in 2011. We will be adding additional First Nations communities as they commit to being part of the adoption program.”

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Consorteum Holdings, Inc. (CSRH.PK) Moves Forward with Deployment of Major Initiatives via $300,000 Financing

Monday, November 8th, 2010

Consorteum Holdings, Inc. announced today it has entered into an agreement with a single investor for financing in the amount of $300,000. In exchange for the capital, the investor received a secured convertible promissory note for $300,000 bearing interest at 12% per annum.

Interest only is payable quarterly in arrears, with all remaining interest and principal due and payable on November 2, 2011. At the discretion of the investor, all or part of the principal may be repaid by the company’s common stock at a 35% discount from the average of the bid and ask price for the ten days preceding the date selected for conversion. In the event that the shares trade at a price above $0.10 for a period of twenty consecutive trading days, the company may require the lender to convert the principal amount of the loan into shares of common stock at a conversion price equal to 35% below the 20 day average bid and ask prices. Consorteum also issued the lender 7,500,000 restricted shares as part of the transaction.

Craig Fielding, CEO of Consorteum Holdings, Inc., commented, “I consider this to be an important first step to allow Consorteum to move forward with its current initiatives. We are currently expanding the First Nations pilot initiative and this first infusion allows for continued rollout across Canada. We are now well positioned for this initiative’s continued deployment over the next 12 months and confident we will be on time with this and additional key initiatives planned for the coming months.”

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Consorteum Holdings, Inc. (CSRH.PK) Continues to Move Forward with Innovative Financial Solutions

Tuesday, November 2nd, 2010

Over the past several weeks Consortuem Holdings has made considerable progress with its current initiatives and established relationships. Having accumulated extensive expertise within the Payments and Transaction Industry in North America, Europe, and internationally, the company’s team is rapidly building a reputation in the financial industry with one goal in mind, “For our customers to look at us as partners, not just a technology provider.”

In September Consorteum announced that its client, First Nations Financial Services (FNFS), successfully deployed its first pilot program of MasterCard benefits cards. Originally targeted at the administration staff, the program has since been expanded to include members of the community. This initial deployment is the first of a suite of products and services, including point-of-sale services as well as additional banking, credit and related financial offerings. Consorteum is currently in negotiations with a strategic partner to augment and fund further penetration into First Nations communities.

Consorteum also recently announced that its first international payroll and multi-currency solution with UK based Blue Sea Manning Ltd., launched in March of this year, has been expanded to include additional staff members. Optimistic about the prospects of further deployments within the industry, management believes it will be able to present its results to other potential clients within the sea cruise staffing industry. Consorteum will generate revenue from every payroll and multi-currency transaction processed.

The company has also been progressing with its MyGolf Rewards initiative, which has already completed its pilot and is ready for nationwide and international expansion. Courses that were part of the pilot program increased their revenues significantly, confirming the effectiveness of the program. To capitalize on this venture, Consorteum has engaged a prominent capital company in Toronto to raise $1.5 million. The company has worked diligently to reposition and prepare MyGolf Rewards for a 2011 launch.

With so much going on and moving forward at a steady pace, not even mentioning other irons in the fire, Consortuem Holdings is constantly proving their commitment to increasing revenues as well as building increased shareholder value.

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Consorteum Holdings, Inc. (CSRH.PK) Updates Investor Community on Primary Initiatives

Tuesday, October 26th, 2010

Consorteum Holdings, Inc. announced this afternoon that it has made notable progress in the three main areas of its current initiatives. The update quantifies the current status of these divisions as the company continues to move forward with its strategic business plan.

In the release, Consorteum told investors it has expanded the Blue Sea Manning pilot initiative to include additional staff members, and is optimistic about the prospects of further deployments within the industry. The company anticipates presenting its results to other potential clients within the sea cruise staffing industry. The purpose of the pilot is to validate the effectiveness of the Company’s card program while streamlining the payroll process and reducing current workload for the administrative staff of such companies.

As previously announced, the company increased its ownership position in MyGolf Rewards to 75%. Consorteum and MyGolf Rewards management have worked diligently to reposition and prepare for a 2011 launch. The company has identified appropriate trade shows and has approached appropriate strategic partners. Consortuem is currently working on the financing required for the launch, additional international relationships and expansion into the European market.

Also previously announced, on July 27, 2010, the company officially launched the initial pilot for the First Nations card in Canada, in the New Brunswick, Madawaska Maliseet community. Originally targeted at the administration staff, the card program is now being expanded to members of the community. The program is currently being promoted to specific additional pilot communities. The Company estimates that there are over 600 locations and more than 400,000 First Nations members that can be marketed to over time. Consorteum is in negotiations with a strategic partner to augment and fund further penetration into First Nations communities.

Craig Fielding, CEO of Consorteum Holdings, Inc., commented, “I believe it’s very important to keep our shareholders informed on the progress we are making in all areas, and the much more focused approach the company is now taking with respect to the financial effectiveness of our programs.”

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Consorteum Holdings, Inc. (CSRH.OB) Continues Rollout Of New MasterCard Initiative

Monday, September 20th, 2010

Keeping with its stated goal of providing clients with the best in payment and transaction solutions, Consorteum Holdings recently announced that First Nations Financial Services (FNFS) has successfully deployed a pilot program of MasterCard benefits cards. This is just the first of a suite of financial products and services meant to be deployed in support of various aboriginal communities in North America. The first community being served is the Madawaska Maliseet First Nation Community in New Brunswick, Canada.

FNFS is paying for the pilot program, which is targeted at the community’s administration group. The program is expected to provide valuable data for further expansion. The plan is to launch a multi-location pilot rollout later this year, depending upon results of this initial pilot and the receipt of additional funding. Community leaders hope that feedback from the program will eventually allow a nationwide launch of the initiative.

This is just one of many programs that Consorteum has developed to help a growing and diverse collection of organizations and companies more efficiently transfer payments and process transactions. Through its valuable connections within the financial industry, together with its flexibility and experience in tapping the most advanced technologies on the market, Consorteum always manages to come up with creative solutions and now serves clients internationally.

The company has developed customized loyalty programs for clients, designed to promote brand loyalty. They’ve also created a wide range of card-based payroll programs to facilitate making payments to employees that have problems cashing checks. In addition, Consorteum provides ways for healthcare patients to track and manage health related records and transaction. They’ve even put together a program that helps ship operators pay employees requiring different currencies.

The idea has always been to help reduce the administrative hassles involved with transaction processing, replacing it with a fast and efficient process that also benefits employees and customers.

For more information, visit www.Consorteum.com.

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Consorteum Holdings, Inc. (CSRH.OB) Offers Clients Creative Ways to Save Money and Increase Sales

Tuesday, September 14th, 2010

With the many and varied initiatives and projects that Consorteum Holdings has been involved in recently, it’s easy for investors to lose sight of its foundational strengths and primary strategy in the marketplace.

Consorteum Holdings Inc. is making a name for itself in the financial services, payment, and transaction processing industries. As made clear on their website, the company provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. They create customized, innovative technology solutions to augment and enhance their client’s existing financial, payment, and transactional processing systems. The idea is to allow clients to spend less time dealing with transaction processing issues, and more time focusing on their core competencies.

Perhaps more importantly, Consorteum utilizes the latest technologies to create dynamic customer oriented programs that let clients draw in new customers while better cultivating their existing customer base. Since Consorteum is not locked into its own technologies, it is free to source the best solutions worldwide, allowing them to come up with truly creative approaches.

For example, Consorteum puts together customized loyalty programs for clients, strengthening brand loyalty and market share by encouraging repeat buying and more revenue per purchase. They also offer sophisticated card-based payroll programs, making it easier for client companies to pay employees, especially un-banked or under-banked employees. In addition, Consorteum offers efficient solutions to the health and wellness industry, by providing better ways for patients to track and manage health related records and financial data. Consorteum offers more efficient rebate systems, gift card programs, benefit cards, and many other ways to help their clients reduce costs and increase revenue.

For more information on the company, visit www.Consorteum.com.

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Consorteum Holdings, Inc. (CSRH.OB) Completes First Stage of Testing Currency Conversion and Payment Initiative

Tuesday, September 7th, 2010

Consorteum Holdings, Inc. this morning updated the investment community regarding the pilot program for the Company’s first international payroll and multi-currency solution with UK based Blue Sea Manning Ltd. (“BSM”). The Company officially launched the solution in March 2010.

Consorteum and BSM successfully completed the first stage of testing for deposits and currency conversions. The companies are now commencing stage two of this initiative, which includes introducing the program to BSM’s remaining employees to ensure that the program continues to perform properly. The completion of this phase will enable larger scale deployment in the coming months.

Craig Fielding, CEO of Consorteum, stated, “This initiative is aimed at streamlining the process of payment from ship owners to their thousands of employees. Now beginning stage two of this initiative, our team is very confident of continued success and are looking forward to expanding the initiative over the next six (6) months. Consorteum will generate revenue from every payroll and multi-currency transaction processed.”

Patrik Dahlgren, CEO of Blue Sea Manning, commented, “With the successful testing of the payroll system, we look forward to including more of our employees in the future. Having an automated payroll system has reduced the workload significantly for our staff, while also increasing our employees’ access and control of their own salaries.”

This is the first deployment of the international currency and payroll card program under the joint venture agreement between Consorteum Holdings and NxSystems. NxSystems is a leading provider of Global Payment Solutions that offer organizations of every size, and across every industry and geography, a comprehensive suite of innovative electronic payment products that access the global financial network.

BSM provides first class officers and crews to yachts, cruise ships, and offshore vessels around the world. With a such a strong global presence, BSM requires a comprehensive methodology for accepting payments in multiple currencies from ship owners, then converting the funds received to pay their officers and crew in the local currency of choice.

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Consorteum Holdings, Inc. (CSRH.OB) Explodes 900% on Record-Breaking Volume

Friday, September 3rd, 2010

Consorteum Holdings, Inc. traded as high as $0.03 this morning, up 900% from yesterday’s close! So far today the stock has traded over 7 million shares, well above the average daily volume of approximately 349,000 shares and a new all-time record!

Earlier this week the company announced that its client, First Nations Financial Services, successfully deployed its first pilot program of MasterCard benefits cards. Pursuant to a previous agreement, FNFS funded the expenses of the pilot.

To view the complete press release, click the following link: http://finance.yahoo.com/news/Update-Consorteum-Holdings-iw-3138960111.html?x=0&.v=1

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Consorteum Holdings, Inc. (CSRH.OB) Successfully Deploys Payment Cards Pilot Program for First Nations

Wednesday, September 1st, 2010

Consorteum Holdings, Inc. was pleased to announce this morning that on July 27, 2010, its client, First Nations Financial Services (“FNFS”), deployed its first pilot program of MasterCard benefits cards. As previously agreed to, FNFS funded the expenses of the pilot, which was launched with the Madawaska Maliseet First Nation Community, in Edmundston, New Brunswick, Canada.

Targeted at the community’s administration group, the pilot will provide valuable data for expansion of the program. According to the press release, Consorteum Holdings will launch a multi-location pilot rollout in the next 2-3 months subject to the success of the pilot and to receipt of additional funding. This initial deployment is the first of a suite of products and services, including point-of-sale services as well as additional banking, credit and related financial offerings, for aboriginal communities in North America.

Mr. John Bernard, a First Nation’s partner in the initiative, stated, “This pilot will enable us to clearly identify the requirements for rollout of the initiative on a much larger scale. We are very pleased with the progress and look forward to the next stages of deployment.”

Chief Joanna Bernard of the Madawaska Maliseet Community said, “This pilot will provide important feedback on how we can launch the initiative nationally. We are pleased to participate in the program, and given the initial feedback, we look forward to a successful national launch.”

Craig Fielding, CEO of Consorteum Holdings, added, “This program will contribute dividends back to participating communities, and as an aboriginal sponsored program, provides much needed services to the communities. Collectively we expect the program to be beneficial and profitable to all parties.”

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Consorteum Holdings Inc. (CSRH.OB) Announces New Appointments and Organizational Changes

Friday, July 9th, 2010

Yesterday after the closing bell, Consorteum Holdings, Inc. announced multiple organizational changes as the company continues to follow its restructuring strategy.

Mr. Craig Fielding, CEO of Consorteum Holdings Inc., will expand his responsibilities with operations and sales now reporting directly to him. According to the company, this change will ensure better internal communications, increasing accuracy and productivity on all levels of business.

As previously announced, Mr. Bill Smethurst C.A. has been appointed CFO of the company and will immediately assume those responsibilities. Mr. Peter Simpson has resigned as CFO of the company, however, he will continue to assist the company as a consultant with respect to its financial affairs.

Ms. Caitlin Snyder has been appointed to the role of Director of Operations, with responsibility for day-to-day operational reporting, filing and liaison with the CFO and CEO.

Mr. Reiner Vanooteghem has moved into the position of V.P. Sales and will now focus on both new revenue driving initiatives and delivery and management of current project deployments.

“This is the first of several changes over the coming months as we align and strengthen our team to support the strategic changes being made to the structure of the Company,” Mr. Fielding commented. “Consorteum is focused on delivery of all current initiatives and growing revenue through creation of credit/debit solutions and additional transaction-based initiatives in the areas of welfare deposit, payroll and loyalty programs.”

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Consorteum Holdings Inc. (CSRH.OB) Welcomes New CFO

Thursday, July 8th, 2010

Consorteum Holdings, Inc. was pleased to announce this morning that Mr. Bill Smethurst C.A. has joined the company as Chief Financial Officer. Mr. Smethurst replaces Mr. Peter Simpson, who will remain with the company in a consulting role as a member of the finance team. Consorteum Holdings thanked Mr. Simpson for his loyal service over the past three years and for the contribution he will continue to make as part of the team.

For the past five years, Mr. Smethurst has been employed as Chief Financial Officer of Sernova Corp., accepting responsibility for the company’s financial and administrative matters since July 2009. Prior to Sernova, Mr. Smethurst was employed as Chief Financial Officer of Bronte Financial Services and Bronte Renewable Group SA for more than four years. Mr. Smethurst is a graduate of Manchester University in England with a B.A. in Economics, and is a member of Chartered Accountant Institute of Scotland and Ontario, Canada.

Craig Fielding, CEO of Consorteum Holdings, stated in the press release, “We are very pleased to welcome Mr. Smethurst to the team. His strong financial background and management expertise will be heavily utilized as we find ways to maximize the potential of our current portfolio of products and services, as well as launch additional revenue generating initiatives.”

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Consorteum Holdings, Inc. (CSRH.OB) Stands Out in the Transaction Processing Industry

Thursday, July 1st, 2010

Consorteum Holdings Inc. is one of the most diverse financial transaction providers in the world, representing an investment opportunity based on the growing global demand for the application of the newest technologies to business operations. Consorteum, unlike many companies, is not locked in to any particular set of technologies, and can call upon a variety of options to help clients maximize their financial transaction processing efficiency, including advanced card payment solutions.

Consorteum has a solid pipeline of contracts, including international projects. Their portfolio reflects a broad operational, product, and geographic diversity, designed to mitigate risk, an important part of the company’s approach. Another important aspect of their business model is the emphasis on continuous residuals, providing Consorteum with an ongoing source of revenue.

The company makes use of a sophisticated and proven framework for project origination, acquisition, and implementation, emphasizing diversity and residuals, but also requiring a very limited impact on Consorteum’s own capital resources. The company carefully isolates the financial and operational components of each project, enabling improved evaluation and control, and ensuring a successful completion.

One of the most important factors in Consorteum’s success is their management and consulting team, offering a long and proven track record of successfully completed projects that produce ongoing cash flows. In addition, their many years of combined experience in the transaction management industry have helped the company establish strong ties with industry experts and professionals, allowing them to negotiate important partnerships and financial arrangements that are beneficial to both Consorteum and their customers.

The bottom line result is that Consorteum is able to bring to the marketplace the best of breed solutions in transaction processing and card technology. For clients, this means greater efficiency, lower costs, higher revenue, and more opportunity to focus on core competencies. For potential Consorteum investors, it means the chance to take advantage of a well planned and positioned company in an industry that has become a global focal point.

For more information, visit www.Consorteum.com.

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Consorteum Holdings, Inc. (CSRH.OB) Uses Unique Combination of Strengths to Grow Its Position in the Global Financial Marketplace

Tuesday, June 1st, 2010

Consorteum Holdings Inc., a diverse global financial transactions solution provider, offers electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. Their strength rests in the variety of their offerings and their ability to customize, together with their wide ranging expertise and connections within the global financial community. For their clients, the result is greater efficiency, reduced costs, increased revenue, and more opportunity to focus on core competencies.

Consorteum is not locked into a restrictive set of technologies. Their comprehensive familiarity with the financial, payment, and transaction processing industries, along with associated technologies and regulations, gives the company a great deal of flexibility to seek out and choose the optimum solution for its customers. This represents a primary differentiator for Consorteum in the marketplace. It means smarter and faster deployment, better pricing, and a more satisfactory overall solution.

• Consulting Services – full requirements and needs analysis, project planning, execution, and final delivery
• Turnkey Solutions – complete range of options, including outsourced or fully integrated turnkey business solutions
• Project Management – working closely with the client throughout the entire project lifecycle, from planning and initiation, through completion and follow-up

One of the best moves the company has made is to always focus on repeat-transaction oriented processing. It’s an approach that provides ongoing benefits for Consorteum as well as for the client. Consorteum is also careful to minimize the revenue contribution required for customer deployments, reducing the risks while leveraging financial resources.

Most importantly, the company strongly promotes a culture of customer satisfaction, never sacrificing product quality for the sake of short term gain. As part of this, Consorteum always performs in-depth due diligence on all upcoming projects so that every approved initiative has the full understanding and support of everyone involved. In addition, the company is careful to retain full project control, even after deployment, ensuring the highest performance standards.

Consorteum’s basic strategy is to use the above unique combination of business qualities to become a dominant provider in the payment and transaction processing industry throughout North America and the world.

For more information, visit the company’s website at www.Consorteum.com.

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Consorteum Holdings, Inc. (CSRH.OB) Recently Announced Initiative for Streamlined Efficiency

Monday, May 24th, 2010

Consorteum Holdings Inc. has extensive expertise within the payments and transaction industry globally. By identifying new technologies and trends in the marketplace, the company aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently.

The company recently announced its intent to divide the company into the operational divisions it has been creating over the last 12 months. Consorteum will be divided into three main business units: Consorteum Financial Services, MyGolf Rewards and Technology Services.

Consorteum Financial Services will focus on new initiatives targeting the traditional payment markets, working with established partners such as NxSystems and 8760, relationships that have already been announced. These initiatives are anticipated to be highly lucrative, resulting in long-term contracts that produce ongoing revenue streams with recurring transactions.

An update within this division regards Blue Sea Manning which is now two months into piloting Consorteum’s new payroll system and multi-currency program. The company is now able to offer the cruise ship and private yachting industry a proven new method of international payroll and currency settlement. Consorteum expects to announce a larger initiative in this area soon.

The second business unit at the company will be MyGolf Rewards, a company in which Consorteum now holds a controlling interest. MyGolf Rewards is a loyalty program that will reward golfers for playing golf. A pilot program has been successfully completed and the program is now ready for rapid expansion both in North America and internationally.

Consorteum’s third business area is a joint venture with Tenzing Interactive, a company it intends to acquire. The combination will be focused on new and emerging technology partners and will be completely transaction based.

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Consorteum Holdings Inc. (CSRH.OB) Signs Agreement to Raise $1.5 Million for MyGolf Rewards Canada

Thursday, May 13th, 2010

Consorteum Holdings, Inc. was pleased to announce this morning that it has reached an agreement with Rosebank Capital to raise $1,500,000 for the MyGolf Rewards initiative.

According to the press release, these funds will be used for operational expenses and growth of the MyGolf Rewards Canada program, a majority owned subsidiary of Consorteum Holdings Inc. Initially rolling out in North America, the program will later expand into International markets. The funds will be primarily directed at relationship building with Golf Associations Internationally, sales focused initiatives, marketing, and strengthening of the MyGolf Rewards team.

The MyGolf program is anticipated to generate annual revenues of over $10 million within 24 months of launch. This new agreement ensures that a successful rollout of the program can now take place in 2010-2011.

Rosebank Capital is a Funding and Financial Services Company specializing in and recognized for creative financing programs. Since establishment in 1991, they have developed a broad range of customized financial services & solutions for their clients. Located in Brampton, Ontario, Rosebank Capital operates in all Canadian Provinces, except Quebec, and most of the United States.

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Consorteum Holdings Inc. (CSRH.OB) Announces Appointment of New Vice President of Sales

Friday, April 30th, 2010

Consorteum Holdings, Inc. was pleased to announce yesterday that Mr. Reiner Vanooteghem joined the company as Vice President of Sales. Responsible for driving new and existing initiatives as well as managing the teams within Consorteum’s joint ventures, Mr. Vanooteghem will be accountable to the board for sales results on a quarterly basis.

Mr. Vanooteghem has accumulated a wealth of knowledge within the payments industry, from card manufacturing and personalization for prepaid debit cards to credit card processing. He has spent the majority of his career in domestic and international sales. While in the card manufacturing business, Mr. Vanooteghem successfully helped launch prepaid card programs in North America as well as Internationally. Most recently Mr. Vanooteghem has been successful in securing payment-processing clients throughout North America.

Fluent in German and French, Mr. Vanooteghem is also well suited to help develop and expand business growth in Europe, the UAE, and the Far East. Mr. Vanooteghem attended McMaster University and enjoys golfing, biking, boating, skiing and snowmobiling while residing just north of Toronto, Canada with his wife and daughter.

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Consorteum Holdings Inc. (CSRH.OB) Announces Initiative to Organize Business Pursuits for Streamlined Efficiency

Thursday, April 29th, 2010

Consorteum Holdings, Inc. today announced its intent to divide the company into the operational divisions it has been creating over the last 12 months. The company will divide its initiatives into three main business units: Consorteum Financial Services, MyGolf Rewards, and Technology Services.

Consorteum Financial Services will target the traditional payment markets, working with established partners such as NxSystems and 8760, relationships that have already been announced. This division is anticipated to be highly lucrative, resulting in long term contracts that produce ongoing revenue streams with recurring transactions. In order to effectively manage all of the new and existing opportunities, Consorteum Holdings said it will soon announce the appointment of a Vice President of Sales to oversee this business area.

The company also provided an update within this business division relating to Blue Sea Manning which is now one month into piloting its new payroll and multi-currency program. Consorteum is now able to offer the cruise ship and private yachting industry a proven new method of international payroll and currency settlement. As previously stated, this is a pilot for a much larger initiative and will be announced shortly.

The second business unit will be MyGolf Rewards. As previously announced, the company increased its ownership position in My Golf Rewards to a controlling interest. A pilot has been successfully completed and the program is now ready for rapid expansion both in North America and Internationally. To capitalize on this venture Consorteum has engaged a prominent capital company in Toronto to raise $1.5 million.

Consorteum Holdings’ third business area is a joint venture with or acquisition of Tenzing I.M. The combination of their resources will be focused on new and emerging technology partners. Consorteum’s business with Tenzing will be completely transaction based, thus adding value to Tenzing’s existing client base.

Craig Fielding, C.E.O. Consorteum Holdings commented, “This streamlining will help considerably as we build both our company and shareholder value. We will support the initiatives outlined above with independent financing and add considerably to the value of our overall portfolio.”

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Consorteum Holdings, Inc. (CSRH.OB) Offers Expert Solutions For All Types of Cards

Monday, April 26th, 2010

Consorteum Holdings Inc. is a global solutions provider for the financial services, payment and transaction processing marketplace. The company uses its expertise to provide a customizable “right” solution for each and every specific need. One such area where Consorteum provides solutions is in the card market – including payroll, gift and loyalty cards. Here is a brief overview of each type of card the company provides to its clients:

Payroll Cards – Payroll cards provide employees with immediate access to their payroll funds no matter where they may be located. Each pay period, the employee’s funds are automatically deposited into their individual card account by their employer rather than mailing out a paper check. Cardholders can use their cards to obtain cash and pay for purchases. Payroll cards are an ideal solution for temporary workers, students and employees who work remotely.

Re-Loadable Prepaid Cards – Re-loadable prepaid cards are designed for people looking for multiple use functionality from their card. Stored value cards are safer than cash and reduce risk for purchases made online or over the phone. Many retailers offer re-loadable cards as a convenient way for their repeat customers to pay for products and services, while maintaining brand loyalty. Based on the specific program, these cards can be reloaded at selected retail locations, online or at the bank.

Non-Reloadable Gift Cards – Non-reloadable gift cards frequently have a pre-set denomination value and are designed as a one-time use card. These cards are traditionally designed for use at specific retail chains or alternatively as gift cards that can be used at any merchant that accepts major credit cards.

Benefit Cards – Prepaid benefit cards have been developed so that federal, state, municipal and provincial governments can deposit social assistance payments directly onto a prepaid card instead of issuing millions of manual checks to recipients. Healthcare benefit cards are designed to be loaded with a monetary value by healthcare benefit suppliers. Cost effective and re-loadable, these cards give their clients increased control over their own benefit expenses.

Rebate Cards – Rebate cards are similar to non-reloadable retailer gift cards. The card is issued to the mail-in rebate recipient rather than a traditional paper check. The rebate card enables the recipient to use their rebate monies at almost any retail location, thus increasing customer satisfaction.

Loyalty Cards – Loyalty establishes a critical relationship between the individual consumer and the provider. Consorteum’s loyalty programs can be customized to target specific industries or merchants, such as grocery store chains. The company’s card identifies the consumer accumulating points and provides them with the opportunity to redeem points for pre-selected rewards. The card also enables the loyalty provider to track the activities of their consumers spending habits.

In addition, Consorteum is involved with merchant discount rates. These are fees charged to a merchant in order to accept payment from any of the major credit card companies. Consorteum has established relationships with several large processors to purchase transaction processing at a competitive rate. In turn, the company offers these services to its merchant clients.

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Consorteum Holdings (CSRH.OB) Covers All the Bases

Monday, April 19th, 2010

Consorteum Holdings Inc. has continually grown to cover almost every aspect of card, payment, and transaction processing. The driving idea behind the company’s expanding transaction offerings has always been to facilitate the transfer of financial or informational value in the most cost effective, creative, and user friendly way possible, making it easier on businesses while making it attractive to customers.

Here is a sample of the markets currently being addressed by Consorteum to give an idea of their range of service.

• Unbanked/Underbanked – It is estimated as much as 30% of the work force (some 130 million in North America alone) have minimal or no banking relationship. And yet these individuals often receive things like government benefits, payroll checks, or other types of payments. The banking industry has traditionally overlooked this market because such individuals don’t readily fit the bank’s standard cost/risk model, and don’t qualify for credit cards, mortgages, and CDs. Instead, banks routinely demand $8-$15 per month to maintain a zero balance checking account, and check cashing stores can charge 2%-5% to cash a pay check. In addition, immigrant workers often face significant fees for transferring funds to support relatives in foreign countries due to a lack of a better banking solution. Electronic card transfers provide a much more attractive way for such people to access their money.

• Check Cashing – The check cashing outlet industry services over 30 million people, and processes more than $80 billion worth of checks annually, usually payroll checks having a value of $500-$600. These are mostly young blue and white collar workers in the retail and service industry, often unbanked by choice. These individuals typically spend a full 10% of their net income on associated transaction servicing fees.

• Loyalty & Reward Programs – These are marketing programs designed to attract, keep, and cultivate a company’s customer base. Good loyalty programs encourage customers to join and continue to be good customers, buying more frequently and spending more with each transaction. They usually do this by offering perks for membership and for purchases. It’s a successful and growing idea, and top level VIP programs have even acquired a social cachet exceeding the financial value to the customer. The use of card processing makes such programs easier to manage and more attractive to customers.

• Payroll Cards – Payroll cards are a simple way to give employees immediate access to their pay, and can be used at an ATM, in stores, or to pay bills. Each pay period, pay is automatically deposited into the individual’s card account. Cardholders can receive monthly statements, and do not need a traditional banking relationship. The approach is particularly useful for part-time or temporary employees.

• Health & Wellness Industry – These are card programs developed to help customers better manage their own personal health and wellness, by facilitating informational transactions related to things like health risk assessment, personal health records, emergency medical records, diet and fitness tools, medical search engines, and even genetic testing. Cards can also be used to pay for services.

• Stored Value & Gift Cards – There are already more than 2,000 stored value card programs now available, involving 7 million branded cards, and yet trend analysts still consider the industry at the early growth stage. In other words, the multi-billion market, serving tens of millions of customers, still has a long way to grow.

• Consumer Rebate Programs – Rebate programs are extremely popular, but often inconvenient for both the vendor and the customer. There’s a huge need to streamline these programs, making them simpler for users and processors, and more cost effective. Providing consumers with rebate gift cards has been shown to greatly increase customer satisfaction, leading to a more positive overall view of the vendor by the customer.

• Merchant Discount Rates – These are percentage rates charged by financial institutions and processors to a merchant every time a customer uses a credit card. The amount charged is an important financial factor to every vendor, considering the number of card transactions some businesses face. A reduced discount rate greatly increases the value of an offering to a vendor.

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Consorteum Holdings (CSRH.OB) Inks Letter of Intent to Acquire Tenzing Interactive

Monday, April 12th, 2010

Consorteum Holdings Inc. engages in the payments and transaction industry. The company recently announced its intentions to acquire Tenzing Interactive in a transaction with a purchase price payable over a two-year period, made up of a combination of cash and Consorteum shares.

Toronto-based Tenzing Interactive provides Internet and mobile marketing technologies and solutions, including the Pics2Web marketing and event activation solution. Consorteum CEO Craig Fielding said the acquisition will position both companies to advance in the marketplace, and correlates with Consorteum’s plans to extend its local and international market reach.

“The market for our solutions is expanding rapidly. This new collaboration will allow us to significantly grow our current business opportunities while bringing on contracts in new areas. The ability to expand existing client agreements and take advantage of new international opportunities puts both Consorteum Holdings and Tenzing Interactive in a strong position to increase revenues and shareholder value,” Fielding state in the press release.

Consorteum will utilize Tenzing Interactive’s established partnerships to fulfill its long-term business strategy, increase revenues of current initiatives and generate additional income. According to the release, existing and new clients will benefit from Tenzing Interactive’s branding solutions paired with Consorteum’s transaction solutions.

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Consorteum Holdings, Inc. (CSRH.OB) Continues To Grow

Monday, April 5th, 2010

The last few months have seen a number of developments for Consorteum Holdings Inc., the innovative provider of financial transaction solutions. The company has established new partnerships and modified existing ones, all as part of its continued search for new ways to offer value to clients while generating new opportunities and revenues for Consorteum.

In January, the company increased its ownership position in My Golf Rewards, the popular customer loyalty program for golf courses. The joint venture partnership with Innovative Loyalty Solutions and Score Golf Magazine is expected to grow as golf course owners seek ways to increase customer spending. Courses that were part of the pilot program increased their revenues significantly, confirming the effectiveness of the program. The My Golf Rewards sales team is now aggressively targeting courses throughout North America and internationally for the 2010 season.

Consorteum also recently began offering the cruise ship and private yacht industry a highly cost-effective solution for international payroll and currency settlement, kicked off by the recent launch of Blue Sea Manning’s new payroll and multi-currency program. It’s a huge opportunity, driven by an industry looking for ways to reduce the administrative costs involved in processing crew and supplier payments in multiple currencies. Consorteum is already aiming at several of the large cruise ship and private yacht owners.

In the meantime, Consorteum is continuing to solidify its contractual relationship with NxSystems. The agreement allows Consorteum to grow their operations globally by leveraging NxSystem’s proprietary NxPay multiple currency payment and settlement platform. The development is expected to result in an increased international ability to provide stored value cards, prepaid credit and debit cards, international and domestic payroll cards, and many other solutions for multi-currency environments.

Consorteum, in conjunction with First Nations Financial Services, is also launching a benefits and payroll card program to enable members to receive benefit and payroll funds directly into secured prepaid MasterCards, reducing the need for manual checks.

As if all that weren’t enough, the company has managed to put together a new Board of Advisors, consisting of senior industry and business experts, including retired Chairman and CEO of McDonald’s Japan and Canada, Mr. Pat Donahue.

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