Oxford Shareholder Update
December 06 2011 - 8:30AM
Business Wire
Oxford Investments Holdings Inc. (OTCQB: OXIHF) is pleased to
report that the Company held its Annual General Meeting for
shareholders on November 18, 2011. Oxford President Mr. Michael
Donaghy updated the shareholders present that its customer base
continues to grow and revenue continues to increase incrementally,
currently processing $2.5 million worth of transactions per month.
Mr. Donaghy reiterated that 2010 was a watershed year for Oxford,
and that the Company has now generated revenue for 14 consecutive
months, following an extended infrastructure and relationship
building period ramping up the processing business in China. Mr.
Donaghy expressed confidence that revenue growth should continue to
accelerate through 2012 due to rising demand for transaction
processing worldwide.
Oxford is actively promoting its Oxford TPS payroll processing
platform, and is seeking and evaluating other business
opportunities to diversify the Company’s activities and increase
shareholder value.
Oxford invites interested parties to visit its new Website at
www.oxsof.com which has been updated to reflect its current
business initiatives.
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc. is establishing itself as a
leading payment solutions provider. The Company offers a range of
electronic payments processing products, including the Oxford
E-Wallet for credit card processing, customized pre-paid and
re-loadable card programs, mobile payments solutions, and merchant
services to the E-commerce industry. In addition, Oxford TPS offers
customized, managed-services transaction processing solutions to
corporations. Oxford, through its partner, Koho Group, has also
established relationships in the Chinese financial and electronic
payments industries.
FORWARD LOOKING STATEMENTS DISCLAIMER:
Statements in this press release, which are not historical, are
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
There can be no assurance that such statements will prove to be
accurate; actual results and future events could differ materially
from those anticipated in such statements. Investors are cautioned
that all forward-looking statements involve risks and uncertainties
including, without limitation, risks associated with the Company's
financial condition and prospects, legal risks associated with
product liability and risks of governmental legislation and
regulation, risks associated with market acceptance and
technological changes, risks associated with dependence on
suppliers, risks relating to international operations, risks
associated with competition and other risks detailed in the
Company's filings with securities regulatory authorities. These
risks may cause results to differ materially from those projected
in the forward-looking statements.
This release does not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor shall there be
a sale of any securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification of such securities under the laws of any such
jurisdiction. This press release was accurate at the time it was
issued but may not reflect the Company's current strategy or
product offerings.
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