SOURCE: New Wave Holdings, Inc.

New Wave Holdings, Inc.

March 29, 2016 09:35 ET

New Wave Holdings, Inc. Announces Launch of One-of-a-Kind Debit Card and Scrip Fundraising Platform SchoolFuel

FORT WAYNE, IN--(Marketwired - Mar 29, 2016) - New Wave Holdings, Inc. (OTC: NWAV), an electronic #payment services and solutions company, is thrilled to announce that it has officially launched its SchoolFuel MasterCard® Debit Card Program with a home base at www.GoSchoolFuel.com

The includes an available inventory of hard cards as well as a website geared toward churches, schools and other organizations looking to adopt the program. SchoolFuel is a dynamic concept that takes the hassle out of scrip fundraising programs with one, easy to use debit card. 

Partnered with FirstView Financial, the program seeks to equip organizations and their supporters with an easy to use tool that facilitates a passive giving mechanism which also benefits supporting retailers as a powerful loyalty program that can increase business and engage the community all the while. 

Currently, School groups alone raise over $1.5 billion every year on product based fundraising. This does not include activity based or other types of fundraising (fun runs, spirit weeks, etc.), nor does it include churches. SchoolFuel works seamlessly with any existing program and especially well to supercharge scrip-based organizations that have already amassed local retailer partners. 

Co-founders Steve Devine and Mark B. Newbauer agree, "It's been a long road and we are finally bringing our products to market -- and it's well worth the wait. We will be aggressively marketing the program alongside our newly developed tech, an online fundraising platform with over 4000 retailers on board."

Details on the online fundraising platform, which is suitable for not only schools and churches, but for larger entities such as Red Cross, United Way, Feeding America, St. Jude's Research Hospital and others. The platform includes browser integration and iOS/Android counterparts and will be detailed later this week.

Both programs have immediate income potential with New Wave capturing a percentage of each and every purchase made on either/both platform(s). 

If there is interest in sharing either platform with an organization you are passionate about, please email us at info@newwaveholdings.com so we can set up a call to discuss. 

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New Wave Holdings is a Holding Company focused in electronic payment services and solutions with a focus in bringing innovative prepaid programs to market. The company strives to be a leading contender in the issuance of prepaid solutions and services that are both highly marketable and with socially conscious profitability.

SchoolFuel, LLC is a Company dedicated to innovative fundraising solutions for schools, universities, club teams, churches and more! It's inaugural programs include an e-commerce cash-back platform and a General Purpose Reloadable Debit Card which uses a patent-pending process to effect donations for consumer chosen non-profits.

Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.

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