SOURCE: Global Equity International, Inc.

Global Equity International, Inc.

December 02, 2015 10:00 ET

Global Equity International, Inc. Signs an Agreement With a Swiss Based Financial Technology Company -- Quartal Financial Solutions A.G.

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Dec 2, 2015) - Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiary Global Equity Partners Plc. ("GEP" - www.gepartnersplc.com), a specialist consultancy firm with offices located in Dubai and London, are extremely excited to announce that on November 30, 2015, Quartal Financial Solutions AG ("Quartal" / "Company" - http://www.quartalfs.com/en/home), a Zurich - Switzerland based Financial Technology Company, signed a consultancy agreement with Global Equity Partners Plc. to assist with the restructuring of the Company and ultimately the listing of its common shares on a US Stock Exchange.

Quartal is a market leading Financial Technology software company providing specialised financial solutions to the global financial and insurance industry. Their suite of products focus on complex fee billing, revenue, commission, expense management and sophisticated high end reporting for global asset managers, banks, brokers, custodians, fund administrators, insurance companies, transfer agents and capital market firms.

The Company was founded in 1999 and has established, over the years, a clear market leadership in fee and commission management by offering highly professional state of the art workflow-based, STP-enabling software products that cover the regulatory, functional and technical requirements for a touchless, exception-based process. This solution paradigm shift is significant and will support the constantly growing relationship with their global blue chip client base including, but not limited to, HSBC, UBS, Brown Brothers Harriman, Credit Suisse, Schroders Investment Management, Societe General, and Commerzbank. Quartal currently services more than 30 clients in 13 countries across Europe, the United States, and the Asia-Pacific region. Headquartered in Zurich, Switzerland and with offices in London and Frankfurt, the company is now perfectly positioned to take advantage of its market leadership and its expanding prospects pipeline to scale its operations globally into the United States and the Financial markets of Asia and Australia.

As part of the fee structure, Quartal Financial Solutions A.G. has agreed to issue Global Equity Partners Plc. 5% of the company's issued and outstanding common shares on or before December 31, 2015.

Patrick V. Dolan, Managing Director of Global Equity International, Inc., said, "We are delighted to have signed an agreement with Quartal Financial Solutions AG. The Swiss have a reputation for engineering excellence and precision and Quartal is no exception. Their blue chip client list is testament to their professionalism as a management team and to the financial software they have produced. Switzerland is a globally recognised financial centre and the expertise and deep knowledge of the region has contributed to the accuracy and reliability of their solutions. Quartal are now ready to expand their operations commercially deep into the US and Asian financial sectors. We, GEP, will be assisting Quartal's management team to develop and achieve a capital raising strategy and ultimately a public listing commensurate with the extensive opportunities that are already presenting themselves to the company in the global financial markets."

Thiery Zuppinger, CEO of Quartal Financial Solutions A.G., said, "We are delighted to have found a very solid and professional partner with GEP that will guide us through the listing process. We operate in a highly attractive niche market and our products have attracted the attention of numerous investors in the last couple of months. Having built a strong product and customer pipeline, listing Quartal on a US stock exchange will provide an excellent opportunity to accelerate our international expansion and extend our global reach."

About Global Equity International, Inc.
Global Equity International, Inc., through its wholly-owned subsidiary Global Equity Partners Plc., advises worldwide business leaders with their most critical decisions and opportunities pertaining to growth, capital needs, structure and the development of a global presence. With offices in Dubai and London, Global Equity has developed significant relationships in the US, UK, Central Europe, the Middle East and South East Asia to assist clients in realizing their full value and potential by bringing them to external capital and resources that place an emphasis on collaborative thinking. Furthermore, because Global Equity has offices in key financial centres of the world, they are able to introduce their clients to a unique opportunity of listing their shares on any one of the many stock exchanges worldwide. Global Equity Partners holds significant long-term equity positions in the companies that it represents.

Safe Harbour Statement
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The company assumes no duty to update its forward-looking statements.

Contact Information

  • Mr. Patrick V. Dolan
    Managing Director of Global Equity International, Inc.
    Tel.Dubai + 44 7917 383762
    Email: patrick@gepartnersplc.com

    Mr. Enzo Taddei
    Director and officer of Global Equity International, Inc.
    Tel. US (321) 200-0142
    Europe + 34 671642835
    Email: enzo@gepartnersplc.com

    Mr. Peter James Smith
    Director and officer of Global Equity International, Inc.
    Tel.Dubai + 971 (0) 42767576
    Email: peter@gepartnersplc.com

    Mr. Roman Harbich
    President and COO of Quartal Financial Solutions AG
    M: +43 664 9188835
    Email: roman.harbich@quartalfs.com

    Mr. Thierry Zuppinger
    CEO and MD of Quartal Financial Solutions AG
    Tel. +41 (0) 44 200 22 44
    Email: thierry.Zuppinger@quartalfs.com