SOURCE: Trustcash

April 19, 2010 16:15 ET

TrustCash Plans to Market TrustCashDEPOSIT Product to the 900 Billion Dollar U.S. Hispanic Market

ATLANTA, GA--(Marketwire - April 19, 2010) -  TRUSTCASH HOLDINGS, INC. ("TrustCash" or the "Company") (PINKSHEETS: TCHH) today announces it has begun strategic planning to introduce its products and pursue growth in the sizeable U.S. Hispanic consumer market.

According to the below excerpt from the American Banker website the opportunity presented by the Hispanic market is immense.

http://www.americanbanker.com/conferences/1_4/-1006556-1.html

  • Hispanic buying power is estimated at more than $900 billion -- projected to double in the next 10 years. Today, there are more than 46.9 million Hispanics in U.S. (15 percent of total U.S. population) and by 2010, there will be an estimated 50 million Hispanics in the U.S. -- an increase of 123 percent from 1990.

In addition to the recently announced Spanish language translation of the TrustCash website, the Company is planning to develop market campaigns specifically aimed at the Hispanic customer.

The Company feels its TrustCashDEPOSIT product is a potentially perfect product for Hispanics that rely on cash. We look forward to moving ahead with our plans to serve this market.

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Tell us where you want to use TrustCash at:

http://www.trustcash.com/signup_consumer1.php.

ABOUT TRUSTCASH

The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.

The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.

Cautionary Statement Regarding Forward-Looking Statements

A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

Contact Information

  • Contact:
    TrustCash Holdings, Inc.
    Shareholder Communications
    Email Contact: Email Contact
    1-800-975-5196