SVC Financial Announces Strategic Relationship With World-Renowned Evangelist
22 April 2006
SVC Financial Services Inc. (OTC BB: SVCX), a leading provider of mobile transaction technologies, todayannounced a strategic relationship with North Carolina based evangelistDavid Bibey, one of the world's most viewed evangelists. The Liberty Cardis a MasterCard debit card that allows the user to easily and economicallytransfer money to anyone, anywhere in the world using a cell phone. Bibeywill promote the Liberty Card on his weekly ministry broadcast to millionsof people in 55 countries around the world, beginning in June 2006.
Scoot Mobile Money, a unique service by SVC that integrates a prepaid, re-loadable debit card with a cell phone, will power the Liberty Card. Anyonewith a cell phone can easily and securely transfer funds to friends andfamily in other countries using the Liberty Card. The recipient can usethe Liberty Card to collect the money at any participating ATM, as well asmake purchases or pay bills online.
"Every person in God's family, all brothers and sisters united under God,can use the Liberty Card to transfer money to church missions, familiesworking abroad for the church, and even to make donations, pay tithes, orsupport another member of the congregation," said David Bibey, who has beenan evangelist for 21 years.
The Liberty Card is an evangelical card specifically developed for familiesthat work with churches around the world. Bibey will promote the LibertyCard within its ministry, which is broadcast weekly on over 3,000television channels to over 50 million people in 55 countries. Interestedindividuals will be able to purchase the Liberty Card for themselves, theirfamily, and other recipients, by dialing a 1-800 number.
Highlighted Links http://www.svcfinancial.com/
"We are tremendously excited to work with David Bibey on the Liberty Card.It is a revolutionary new way for relatives to send money to missions andmissionaries abroad, and every time the card is used, an additional portionis sent to charities," said Christopher Haigh, SVC President and CEO."Scoot technology combines economical fees and the ease of using a cellphone to conduct money transfer to even the most remote locations in theworld."
By linking any cell phone with an ATM debit card, Scoot technology offersusers the flexibility, convenience and security of a credit card. TheScoot-enabled Liberty Card (MasterCard) is accepted at over 1 million ATMlocations and over 5.5 million merchants worldwide.
About SVC Financial Services, Inc.
SVC Financial Services, Inc. (OTC BB: SVCX) www.svcfinancial.com is aninnovator of global, next generation mobile transaction technologies thatare easy to use, highly secure, and extremely cost effective. SVC's ScootMobile Money™ technology www.getscoot.com integrates a pre-paid, re-loadable MasterCard debit card with a cell phone, allowing anyone with acell phone to easily and safely store, send, and receive funds anywhere inthe world. The recipient can collect the money at any participating ATMand use the debit card to make purchases. Scoot Mobile Money is a low cost,global approach to supporting the large and fast-growing markets for fundstransfer, un-banked money management, and secure payment remittances andreimbursements. Scoot is the next generation of mobile transactiontechnology for third party marketers of instant issue prepaid cardproducts.
About David Bibey
David Bibey www.davidbibeyministries.org is a world-renowned evangelist.David Bibey Ministries and Crossroads Community Church have been called byGod to reach out to those that are lost and show them the way of salvationthrough Jesus Christ. Evangelist David Bibey and his wife, Debbie, werecalled into the ministry in 1985. They built Crossroads Community Churchin 1990 in Carthage, North Carolina, and God immediately began to blessthis outreach. Within a year, they were sent to Russia, Romania and Haitito establish Churches and thousands were saved. Later, God sent them toAfrica, Jamaica, Guam, Philippines, Honduras, Costa Rica, Argentina, and ElSalvador to tell the world of the Good News. In 1990, David BibeyMinistries was established when God commissioned Evangelist David Bibey tocarry the true Word of God into all the world. Since then, God has openedthe doors for them to minister to millions by way of crusades, televisionand radio. The Ministry reaches 55 countries every week by televisionbroadcast on more than 3,000 stations and networks. Programs are listed as"Jesus Is The Answer," David Bibey Ministries, or Crossroads CommunityChurch.
Safe Harbor Statement
Except for historic information contained in this release, the statementsin this news release are forward-looking statements that are made pursuantto the safe harbor provisions of the Private Securities Litigation ReformAct of 1995. Forward-looking statements involve known and unknown risksand uncertainties, which may cause a company's actual results in the futureto differ materially from forecasted results. These risks anduncertainties include, among other things, the company's ability to attractqualified management, raise sufficient capital to execute its businessplan, and effectively compete against similar companies.
Media Inquiries:Chris Haigh, CEOSVC Financial Services, Inc.866-370-9600www.svcfinancial.com
-or-
Robin FrankRed Umbrella Group Inc.for SVC Financial ServicesEmail Contact415-641-6169 (office)650-867-2062 (cell)
Investor Relations for SVC Financial:Stuart FineCarpe DM, Inc.Email Contact908-490-0075
Media Inquires for David Bibey MinistriesDavid BibeyDavid Bibey MinistriesEmail Contact910-949-3971
SOURCE: SVC Financial Services
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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