SOURCE: EFactor Group Corp.

EFactor Group Corp.

October 01, 2015 11:57 ET

EFactor Group Expands Middle East and Africa Presence With Opening of Dubai Office

UAE Chapter Cohosts EFactor.com and ELEQT Events in UAE to Foster Entrepreneurism and Connections for Members; Newly Launched Promotion Awards VIP Guest Status at EFactor Group's Dubai Office Opening and DIFF Event in December

NEW YORK, NY--(Marketwired - Oct 1, 2015) - EFactor Group Corp. (OTCQB: EFCT) ("EFactor Group", the "Group" or the "Company"), the premier business network for entrepreneurs designed to provide a variety of tools and business services to help drive business success, today announced its Dubai-office opening and a promotion for EFactor members and the Group's subsidy, ELEQT members, including travel, lodging and ELEQT's trademark exclusive access to social, business and entrepreneurial events in Dubai, UAE. Promotion winners will also be VIP guests at EFactor Group's opening of its Dubai-based Middle East office and chapter.

EFactor Group's Dubai office will service and build its membership base for EFactor.com and ELEQT in the Middle East and Africa. The office is staffed by Messrs. Amir Ghaffarpour and Aram Zinouzi, both entrepreneurs themselves and regular contributors to EFactor.com. Apart from being a prominent hub for finance, trade and tourism in the region, Dubai is recognized as one of the most entrepreneurial city in the region. Numerous incubators and start-up investment funds and a Dubai Entrepreneurship Academy, have been started in recent years to attract entrepreneurs from all over the world and develop entrepreneurism in the UAE. EFactor.com has members throughout the Middle East and Africa and is actively building its membership through live events and combining access to ELEQT's network, and its marquee recognition as a three-year official partner with the Dubai International Film Festival ("DIFF").

Together, EFactor.com and ELEQT have launched a promotion with Urban Daddy®, Travel & Leisure®, Tumi®, Sherman's Travel to create an extraordinary experience for one of its members and a guest. The experience is called "DUBAI DIFFerently", and will include an all-expense trip to Dubai including round trip airfare for two people combined with a four-night stay at the luxurious Jumeirah Zabeel Saray and Club Room access. The recipient and guest will also receive tickets to The Dubai International Film Festival including the Red Carpet premier, an invite to the ELEQT Gala Night, a signature dinner at 5-time award winning Japanese Fusion Restaurant OKKU, full-day access to the exclusive RIVA Beach Club on Palm Jumeirah and lastly, a Tumi® luggage package. Promotional winners will have VIP-status and acknowledgement at a reception for EFactor Group's formal opening and inauguration of the Group's Middle East office. The EFactor.com chapter in Dubai will service members' entrepreneurial interests throughout the Middle East and Africa ("EFactor ME&A").

The promotion will be launched in October 2015, and the exclusive experience is scheduled for December 2015.

"Entrepreneurism is global and so are we," began Marion Freijsen, COO of EFactor Group Corp. "Dubai is an excellent hub for our presence in the Middle East and Africa and ELEQT's well-established network is a custom fit to the caliber of introductions and access we want to provide to our members. One of our most important jobs is to provide opportunities to our members. These opportunities come from connections, education, content, business services and funding options on EFactor.com as well as cross membership benefits at marquee events and functions that the ELEQT team and staff offer their affluent members, many of which are successful EFactor.com members themselves. This promotion will launch our EFactor Group office from which we will run EFactor.com and ELEQT outreach, events and cross-connectivity. We welcome the many UAE and additional Middle Eastern EFactor.com members who will attend from Bahrain, Qatar, the Sultanate of Oman, the Kingdom of Saudi Arabia, Egypt, Lebanon, Algeria and Morocco. Our long-term members in these countries are thrilled for the opening of our office and chance to connect with and meet other entrepreneurs."

About the Dubai International Film Festival ("DIFF")

The Dubai International Film Festival (DIFF) will take place from December 9 - 16, 2015 at Madinat Jumeirah, the home of DIFF. The festival will see thousands of cinema-goers, actors, directors, producers, writers and industry experts descend on Dubai to enjoy the world's best films in one of the world's premiere locations. The 12th Dubai International Film Festival will showcase over 120 features, film shorts and documentaries from around the world which will include a plethora of world premieres. Every year DIFF presents new and exciting cinema from the Arab world and beyond, introducing audiences to fresh new talent and original and distinctive filmmaking.

About EFactor Group Corp.

EFactor Group Corp. is the premier business network for entrepreneurs designed to provide a variety of tools and business services to help drive business success. Through its wholly owned business services subsidiaries, EFactor Group provides its growing entrepreneurial community of over 1.9 million members with social networking and education, entrepreneur-focused business services, and financing opportunities including crowd funding. A proprietary selection and matching algorithm to offer specific content and resources tailored to each entrepreneur's unique business needs. With members in every country in all 196 countries in the world across 240 industry groups, EFactor Group has built the only comprehensive entrepreneurial community that serves as a source of inspiration and ideas on platform that also consolidates essential services to foster business growth.

EFactor Group's operations are categorized by the following Business Divisions:
1. Social Networking
2. Business Services
3. Funding options.

For more information about EFactor Group Corp. (EFCT) please visit: http://efactorgroup.com. Or see our company video here: http://ir.efactorgroup.com/videos/view/4/efactor-video

The EFactor.com Value - The Entrepreneurs Wingman

EFactor hosts a social network designed to support you as your business grows, along every step of your journey. We'll be there to congratulate you every time you win and will coach and inspire you whenever you feel frustrated by setbacks. You can count on us to connect you with the right people for you and your company and offer you the resources and talent that will help you succeed. We are highly motivated everyday people who genuinely care about our team and customers. We cheer each other on and have each other's back. We get to see our ideas come to life every single day. We're entrepreneurs, contributing our expertise to the community.

For more information or to become a member of EFactor, please visit: www.efactor.com

Cautionary Note on Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not statements of historical fact and often contain words such as "may," "will," "expect," "believe," "anticipate," "plan," "estimate," "seek," "could," "should," "intend," "potential," or words of similar meaning. Forward-looking statements are based on management's current expectations, beliefs, assumptions and estimates regarding our company, industry, economic conditions, government regulations, energy policies and other factors. These statements are subject to significant risks, uncertainties, and assumptions that are difficult to predict and could cause actual results to differ materially and adversely from those expressed or implied in the forward-looking statements. These risks include risk factors described from time to time in the reports and registration statements we file with the Securities and Exchange Commission, including those in our most recent Form 10-K and any updates thereto in our Forms 10-Q. There may be other risks and uncertainties that are not currently known to us or that we currently believe are not material. We make forward-looking statements based on currently available information, and we assume no obligation to, and expressly disclaim any obligation to, update or revise publicly any forward-looking statements made in this release, whether as a result of new information, future events or otherwise, except as required by law.

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