SOURCE: Global Investor Services, Inc.

September 23, 2010 17:32 ET

Global Investor Services, Inc. Executes Agreement for Global Expansion Into Asian Markets

NEW YORK, NY--(Marketwire - September 23, 2010) - Global Investor Services, Inc. (OTCBB: GISV) ("Global") executed a Sales Agency Agreement with The Cougar Group, a corporation with headquarters in Hong Kong and affiliate firms in all 12 Asian markets. With the assistance of The Cougar Group, the Company intends to expand its premier product line, InvestView, to Asian investors, both private individual and professional money managers. Translation of the extensive content within InvestView tools is underway to address the local language requirements in Japan, China and Korea and planned release dates of the translated content are in the next quarter ending December 31, 2010.

"We are impressed with the extensive network The Cougar Group has in Asia. The Cougar Group has advised that it has approached major stock brokerage firms throughout the Asian markets and received positive responses. We are crafting a technology roadmap that will deliver InvestView content to Asian investors in various phases. Starting with the current USA market centric content, future phases intend to provide Asian investors with local market investment content. Accordingly, Korean individual investors following US equities will now have access to InvestView technology to analyze and improve their investing activities. And, in a future technology release phase, we intend to offer Korean investors access to other Asian market investment information via InvestView," said Nick Maturo, CEO of Global Investor Services, Inc.

"The Cougar Group consists of affiliate firms throughout Asia specializing in bringing leading edge information technology from the USA to 10 Asian markets. In certain markets, e.g. Australia, our affiliates have over 35 years' operating experience with extensive reseller and customer support infrastructures. Since July 2010 we rigorously reviewed the InvestView technology and approached the leading financial services firms in Tokyo, Seoul, Shanghai, Hong Kong, Jakarta, Mumbai and Sydney and received unanimous positive feedback and demand for an 18-month technology roadmap with future releases incorporating local equity markets in local language. We are convinced the technology and delivery uptake in Asian markets will be fast paced and exceed other US technologies in the region," explained David Fender, CEO of The Cougar Group.

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