SOURCE: Global Investor Services, Inc.

November 30, 2010 17:07 ET

Global Investor Services, Inc. Enters Indonesian Market and Receives Its First Order

NEW YORK, NY--(Marketwire - November 30, 2010) - Global Investor Services, Inc. (OTCBB: GISV) ("Global") entered the marketplace in the Republic of Indonesia and received its first order from PT Mitra Solusi Infinitum http://www.infinitum.co.id. PT Mitra Solusi Infinitum is a leader in CRM, ECM and Mobile solutions in Indonesia and submitted a purchase valued at USD$25,000 for user licenses in the university industry.

"The Indonesia Stock Exchange (IDX) continues to grow and now has 340 listed companies and a market capitalization of USD$270 billion," explained Dickie Widjaja, Director of Infinitum. "Our Indonesian population of 238 million people living on 17,000 islands is ready for investor education. With the IDX quickly approaching 2,000 and reaching historic highs, the opportunity for Indonesians to enjoy the benefits of investing has never been better. The country expects a wave of State Owned Enterprises (SOEs) to be privatized through initial public offerings in the near future and this encouraging development will provide Indonesians with unprecedented investment opportunities (http://www.thejakartapost.com/news/2009/04/25/no-soe-ipos-till-idx-2000.html)," continued Mr. Widjaja. "We are jointly preparing an Indonesia Bhasa version of InvestView with Global Investor Services as this will enable many Indonesians to improve their knowledge of investing," said Mr. Widjaja.

"We are excited to enter the Indonesian market. This achievement represents Global's third market entry in the Asia Pacific region. We are committed to delivering our online learning program throughout the Asia Pacific where PT Mitra Solusi Infinitum enjoys a significant presence in the Indonesian university industry and we expect students and alumni throughout Indonesia to advance their understanding of investment principles," said Nick Maturo, CEO of Global Investor Services, Inc.

"Since July 2010 we have been conducting InvestView presentations to prospective customers across the Asia Pacific region, further supported by marketing activities in Indonesia, and have been very encouraged with the positive response," said Nick Maturo. 

About Global Investor Services, Inc:
Global Investor Services, Inc. provides and delivers a comprehensive on-line program of investor education through its InvestView brand, offers proprietary investor search tools and trading indicators, distributes weekly newsletters, and offers access to a live "state of the art" weekly Trading Room. www.investview.com

Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact Information

  • For more information, please contact:
    Global Investor Services, Inc.
    William Kosoff
    CFO
    Tel: (212) 227-2242
    www.GISVonline.com