SOURCE: Global Investor Services, Inc.

November 11, 2010 11:05 ET

Global Investor Services, Inc. Enters Vietnam Market With First Sale

NEW YORK, NY--(Marketwire - November 11, 2010) - Global Investor Services, Inc. (OTCBB: GISV) ("Global") has entered the market of the Republic of Vietnam and achieved its first sale. VIJA PowerSource is a leading provider of data mining and predictive analytics and algorithm solutions in Vietnam and submitted a purchase valued at USD 25,000 user licenses.

"We believe the Vietnam market is ready for online investor education. The Ho Chi Minh Stock Exchange (HOSE) was created in 2000 and now has grown to 250 company listings. Vietnamese investors are eager to learn the fundamentals of investing," explained Mr. Dwight Lam, President of VIJA PowerSource (http://www.vijapower.com/). "We conducted our due diligence and concluded Global Investor Services, Inc. has the best online investor education product. In fact, we could not identify any comparable education continuum available in an online format," continued Mr. Lam.

"We are pleased that Global Investor Services has agreed to create a Vietnamese language version. Our IT staff in Ho Chi Minh City are contributing to the review and quality assurance of the Vietnamese along with Global's developers," said Mr. Lam.

"We are excited to enter Vietnam and this achievement represents Global's second market in Asia Pacific. We are committed to delivering our state-of-the-art learning continuum to Asia Pacific," said Nick Maturo, CEO of Global Investor Services, Inc. "VIJA has a significant presence in Vietnam. They have their own new building in the heart of Ho Chi Minh City which can be used for classroom training for those Vietnamese individuals who do not have good internet access to our online program. VIJA also has a presence in Hanoi," said Nick Maturo.

"Since July 2010 we have been conducting test marketing activities in Vietnam and have been very encouraged with the positive response," continued 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, 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