LA JOLLA, Calif., March 22, 2005 (PRIMEZONE) -- Global Vision Holdings, Inc. (Pink Sheets:GVHL), a developer and worldwide wholesale marketer of a new generation of prepaid financial service products, today announced that it was featured as a presenting company at The INFe Venture Club Microcap Investor Forum & Company Showcase this past Friday in Coral Gables, Florida.
Global Vision CEO Jack Chang spoke on behalf of the company and delivered a comprehensive presentation to more than 50 Forum attendees on Global Vision's business model and worldwide market opportunities.
"Global Vision has received many enthusiastic inquiries from potential distributors all over the world, and we already are enjoying substantial revenues from many of our partnerships," said Chang. "The Microcap Investor Forum served as a venue to communicate these successes - and showcase our unique product offerings - to the national investment community."
The Microcap Investor Forum is especially designed for executives at private or public small cap companies seeking new sources of funding for their enterprise, as well as for angel, accredited and institutional investors seeking to augment their portfolios.
About Global Vision Holdings
Global Vision Holdings, Inc. (Pink Sheets:GVHL) is a developer and wholesale marketer of a new generation of prepaid (or "stored-value") financial products and services. The company's CEO, Jack Chang, is the co-inventor of the ATM machine (http://www.global-vision.com/Bio.asp) and a pioneer in the use of magnetic strips on bankcards, electronic funds transfer systems, and PC-based in-bank systems. Global Vision specializes in worldwide distribution of pre-paid bank debit cards, retail gift cards, telephone calling cards, and healthcare and insurance products, serving a multibillion-dollar global marketplace.
Global Vision's revenue model strives to create recurring revenue streams from a global customer base through mass distribution marketing channels. Other available and planned products and services for Global Vision debit cardholders and distributors include a long distance calling card, cardholder rewards program ("Global First Rewards") and discounted healthcare plans. For more information, please visit www.Global-Vision.com.
About the INFe Venture Club
INFe Venture Club is a membership-based organization that fosters communication between public entities or private emerging companies seeking outside investment and a growing cadre of accredited investors seeking to expand their portfolio. The Club is operated by INFe-Ventures, Inc., a private investment banking firm headquartered in Falls Church, Virginia, with offices in Fort Lauderdale, Florida, and Nashville, Tennessee. INFe-Ventures specializes in reverse mergers into public shells and direct public offerings (DPO's) to assist a diverse client roster that includes private companies seeking capital through the public markets. For additional information, please visit www.infeventureclub.com.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Global Vision disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.