Preventia, Inc. Launches Operational Unit to Create Dematerialized Financial Products
July 10 2012 - 8:30AM
Business Wire
Preventia, Inc. (OTCBB:PVTA) has launched an operational unit
subsidiary, Preventia Group Corporation, to create and distribute
financial products. Preventia expects to immediately develop and
market financial products for dematerialization reaching out to
firms positioned to run their own electronic trading operations. By
licensing the patented System, and/or facilitating its use by
others, Preventia’s Canadian subsidiary will monitor the System and
its users to assure its related intellectual property and System IP
is properly and adequately protected and otherwise enforced.
Preventia’s CEO, Robert Stevens states, “We are excited with the
opening of our new operational subsidiary and the financial
products planned. The real time transactions through the patented
electronic trading System and clearing of each individual designed
financial instrument will be vigorously protected by our U.S.
patent 8,165.952, under which we hold all rights exclusively. The
necessity of patent protection must be vigorously maintained
throughout the lifetime of each of the created instruments, and the
jurisdictions that trade them, whether in secondary or primary
form. I believe the corresponding licensing and recurring revenues
from our approach will reflect in the dramatic growth of
Preventia.”
About Preventia, Inc.
Preventia, Inc., a company incorporated pursuant to the laws of
the State of Nevada is headquartered in Toronto, Ontario, Canada.
The Company works with corporate clients through its subsidiary,
Preventia Group Corp. to develop, market and distribute financial
products for dematerialization and electronic trading and operates
a patented electronic trading platform with respect to the
foregoing. To learn more, visit www.preventiatrading.com or email
Preventia at info@preventiatrading.com.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain information
included in this press release contains statements that are
forward-looking, such as statements related to the future
anticipated direction of the industry, plans for future expansion,
various business development activities, planned or required
capital expenditures, future funding sources, anticipated sales
growth, and potential contracts. Such forward-looking information
involves important risks and uncertainties that could significantly
affect anticipated results in the future and, accordingly, such
results may differ from those expressed in any forward-looking
statements made by, or on behalf of, the company. These risks and
uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing
management, financing activities, and domestic and global economic
conditions.