SOURCE: Xcellink International Inc.

Xcellink International Inc.

November 19, 2009 06:00 ET

Xcellink Sets Target Definition Study to US Military Specifications for Optimal Mobile Banking Security

Quality and Certification Levels to Comply With the Principles of Relevant US Military Specifications, Which Will Facilitate Integration of Xcellink Products Into Banking and Related High Security Businesses

LAS VEGAS, NV--(Marketwire - November 19, 2009) - Xcellink International Inc. (OTCBB: XCEL), a developer of patented mobile payments & banking platforms, announced today that it has set new Preliminary Target Definition Studies for the development of the Xcellink Patented technology.

These studies are the basis for generating specifications that comply with the United States Military's security definitions. By definition, the Xcellink software will be rated as secure as possible, meeting and exceeding published industry standards.

This will facilitate integration into existing banking and related high security businesses, thereby creating a value-added proposition as the company develops contractual relationships.

In a 2008 survey, 62 percent overall and 72 percent of people with incomes from $100,000 to $150,000 reported "enhanced security" an essential before they would begin to use a mobile P2P service. In another 2008 survey, 61 percent of people said that hackers obtaining their financial information was a primary concern, and 55 percent said the same for the possibility of fraudulent transfers. Xcellink's technology has been designed to respond to these concerns, providing a safe platform for consumers of all types.

A Company spokesperson noted, "Security has been a paramount issue on the Internet for some years now, and only now are mobile applications starting to be the targets of hackers. Our systems are being designed to thwart threats, and are being built for the emerging adoption of mobile banking applications globally."

In addition, the documentation provides companies and other entities that will license Xcellink's technology with a base for development, and the specification for the Target Definition Study at a sufficient level to ensure their development work can be presented to subsequent customers at quality and certification levels that are generally in accordance with US Military Specification MIL-STD-499A/B for system engineering and similar industry accepted standards.

About Xcellink

Xcellink International Inc. is a developer of advanced platform-independent customer-centric payment systems and methodologies. Xcellink's patented system has the technical ability to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services in a customer-centric manner that is more efficient, economical, and secure than systems operating today. Xcellink's unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current transactions. Please visit www.xcellink.com

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.

Contact Information

  • Investor Relations Xcellink
    Barry Duane
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    (866) 953-XCEL (9235)