SOURCE: UC Hub Group, Inc.
March 21, 2006 09:00 ET
UC Hub Group Signs Contract With Strategic Card Solutions for 200,000 Prepaid Cards Through Wholly Owned Subsidiary, eSAFE, Inc. Serving Latino Marketplace and Beyond
LOS ANGELES, CA -- (MARKET WIRE) -- March 21, 2006 -- UC Hub Group, Inc. (http://www.uchub.net),
a publicly traded company on the OTC bulletin board (OTC BB: UCHB),
announced today that their wholly owned subsidiary, eSAFE Inc.
(http://www.esafecards.com), signed a contract with Strategic Card
Solutions, LLC, a wholly owned subsidiary of Universal Marketing Strategies
of Las Vegas, Nevada for 200,000 eSAFE cards.
Larry Wilcox, CEO of eSAFE, commented, "We are excited about this strategic
relationship, and look forward to assisting this aggressive marketing
effort with eSAFE's robust virtual banking offering. These tactical deals
and their respective volumes in key continents will rapidly accelerate our
company to the forefront with our Digital City and Digital World vision."
Strategic Card Solutions and affiliates will focus on servicing the vast
Latino workforce throughout Nevada, California, and Arizona. They will
issue cards through existing relationships with casinos, trade unions,
major employers, payroll and human resource service providers, and the
local Chambers of Commerce.
Keith Thomas, CEO of Strategic Card Solutions, stated, "The partnership
comes at a very opportune time for our company. The development project
entered into with eSAFE will produce a significant increase in card
transactions. We look forward to the possibility of future business
opportunities with UCHUB and the Digital City vision in conjunction with
our other international programs."
About eSAFE Inc:
eSAFE is a wholly owned subsidiary of UC Hub (OTC BB: UCHB). eSAFE Cards
will offer both MasterCard and Visa branded cards, and non-flagged ATM
cards which can be generic or private labeled for the affinity group or
City. eSAFE hopes to promote the economic loyalty benefits of the card as
fundraising tools for communities and affinity groups domestically and
About UC Hub Group Inc (OTC BB: UCHB):
Founded in 1999, UC Hub engages in the distribution of digital services
with a focus on financial and municipal transactions. UC Hub presently has
10 municipalities using its proprietary software for municipal governments
and has online payment and agent tracking software. For further information
visit URL: http://www.uchub.net.
Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: The statement in this release relating to completion of the
acquisition and the positive direction are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Some or all of the results anticipated by these forward-looking statements
may not occur. Factors that could cause or contribute to such differences
include, but are not limited to, contractual difficulties which may arise,
the failure to implement eSAFE on a national or international scale, the
future market price of UC Hub common stock and UC Hub's ability to obtain
the necessary financing.