SOURCE: New Wave Holdings, Inc.

New Wave Holdings, Inc.

New Wave Holdings, Inc.

September 03, 2015 10:10 ET

New Wave Holdings, Inc.'s SchoolFuel Signs Award-Winning FirstView Financial as Program Manager

LAS VEGAS, NV--(Marketwired - Sep 3, 2015) - New Wave Holdings, Inc. (OTC: NWAV) is pleased to announce it has selected FirstView Financial, a leading provider of financial, mobile and payment technology solutions in coordination with Visa and MasterCard, to provide Program Management Services to the SchoolFuel GPR debit card program.

SchoolFuel is described as "scrip on steroids," and streamlines existing scrip provider platforms that, over the past 20 years, have seen over $9 billion in retail sales and nearly half a billion dollars donated to schools.

SchoolFuel provides parents and faculty with a Network Co-Branded Prepaid Reloadable Debit Card, allowing a donation to be effected with each and every swipe of the card, regardless of where it is used. The SchoolFuel card will also provide retailer discounts and value-added benefits to its cardholders, making it a one-of-a-kind tool.

FirstView provides innovative payment solutions, program management services and processing platforms to help companies create new revenue streams, reduce cost, increase security and improve efficiency.

"FirstView always looks for partnerships that hold the customer experience as the frontrunner to a seamlessly integrated solution. When we learned of SchoolFuel's reputation in the marketplace, we were immediately motivated to find a way to work together," states VP of Business Development, Chris Schattin. "Our most successful partnerships are the ones that share that customer first mentality, and we quickly saw that SchoolFuel shares that way of thinking."

FirstView will handle compliance, customer service and program reports for SchoolFuel, in addition to other crucial backend components in what both parties feel can be a tremendously successful program.

"We are thrilled with the opportunity to partner with FirstView in this capacity," states NWAV Chairman and SchoolFuel co-founder, Mark B. Newbauer. "We have finally found a program managing partner that not only understands the Program and its overall potential but one that shares our passion for the program and an expedited launch."

SchoolFuel co-founder Steve Devine adds, "We are currently working with FirstView to supply application to their recommended issuing bank. We will then announce a reliable timeline for card launch along with initiatives and benchmarks moving forward."

NWAV has also posted its Q2 reports on OTC Markets and is pleased to report a $50,000+ reduction in liabilities.  It has also raised the necessary amount to move forward with its application and card launch for SchoolFuel.

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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 program is a General Purpose Reloadable Debit Card which uses a patent-pending process to effect donations for consumer chosen non-profits.

FirstView Financial is a leading provider of financial, mobile and payment technology solutions. FirstView provides innovative payment solutions to help companies create new revenue streams, reduce cost, increase security and improve efficiency. Over the last decade FirstView has been delivering prepaid program management and processing services supporting a diverse array of prepaid card solutions. FirstView Mobile payment solutions allow companies to capitalize on the dramatic shift to mobile payments.

With decades of payment management experience, FirstView excels at innovation in the high-growth electronic, prepaid and mobile payment markets. FirstView provides turnkey prepaid debit card program solutions enabling clients to enjoy all the benefits of operating a fully custom prepaid program, without the compliance, risk management, overhead and operational burdens associated with entering the program management business directly. FirstView was recently honored with two prestigious 2014 and two 2015 Paybefore prepaid Industry Achievement Awards, including the award for our core business of white labeling prepaid programs. FirstView was recently honored with two prestigious 2014 PayBefore prepaid Industry Achievement Awards. Providing innovative payment solutions since 2005, the company is headquartered in Atlanta, GA.

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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