SOURCE: TransferOrbit Corporation

November 18, 2008 09:00 ET

TransferOrbit and HispanicTown Announce Strategic Alliance

SAINT LOUIS, MO--(Marketwire - November 18, 2008) - TransferOrbit Corporation (PINKSHEETS: TRBI) ( announces strategic alliance with growing online Hispanic portal HispanicTown. With this alliance, thousands of subscribers and visitors of will immediately become TU-DNRO powered by TransferOrbit members and will be provided the array of financial services the membership brings at discounted prices. Hugo Villegas, President and Founder of HispanicTown LLC, said, "We are thrilled that TransferOrbit can offer instant access to sending money transfers to our large base of Hispanic customers. This is a product they have been requesting for some time, and will be greatly appreciated by the community."

"We are extremely excited that this strategic alliance instantly brings thousands of Hispanics that send money transfers to the growing TU-DNRO powered by TransferOrbit membership network," stated Jorge Toro, President & CEO of TransferOrbit. He added, "We are proud to be a partner of HispanicTown LLC as they successfully continue to expand their platform across the United States."

The Pew Hispanic Center has identified 676 "fast-growing Hispanic counties" amongst the nations 3,141 counties. These counties have more than 1,000 in Latino population and at least 41% Hispanic growth since 2000. HispanicTown is a replicable portal applicable to these Latino communities. "We are bringing our experience to other Hispanic communities throughout the US, starting with locations in the Midwest and soon to hundreds of Hispanic communities all across the country," added Mr. Villegas, President and Founder of HispanicTown LLC.

HispanicTown is a Spanish/English portal, established in 2000 to provide resources to the Hispanic community. Since established, starting in St. Louis in 2,000, the portal offers local, national and international news, articles, employment opportunities, and events calendar, partnering with local Hispanic organizations. Since 2006, HispanicTown expanded its portal to include blogs, forums, classifieds, photo galleries, weather, online games and polls to offer a full Social networking experience to its members.

For more information about HispanicTown, visit and or email

TransferOrbit, a Florida Corporation, is an electronic intermediary for money transfer providers. Banks and non-banks use the Company's scalable, turnkey system of proprietary software and secure network processing to facilitate the person-to-person transfer of money on a "private label basis" throughout Latin America. Providers piggyback on the Company's established network in the United States and 17,000 transfer agents in countries throughout Latin America.

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