BOCA RATON, Fla., Oct. 20, 2009 (GLOBE NEWSWIRE) -- Money4Gold Holdings, Inc. (OTCBB:MFGD) is pleased to announce that Money4Gold has launched its services in Germany joining the U.S., UK, and Canada as places where consumers can utilize Money4Gold to mail their unwanted gold and precious metal jewelry in exchange for local currency.
Money4Gold has begun an aggressive advertising campaign to familiarize the German consumer with its service offering via television advertisements and the website www.Eurofuergold.de.
Commenting on Money4Gold's rapid international expansion, CEO Douglas Feirstein stated, "We are pleased to begin offering German residents an easy, safe and secure means of exchanging unwanted gold and precious metal jewelry for local currency. We see the German market as a tremendous opportunity given the size and affluence of the population. Initial results of our marketing campaigns have already exceeded our expectations and we see significant growth opportunities in the country and the surrounding regions."
About Money4Gold Holdings, Inc.
Money4Gold's mission is to increase shareholder value by producing gold, platinum and silver in increasing quantity, and without the risks of mining, large capital costs or the attendant environmental and political hazards. Management believes Money4Gold can offer the upside potential of the thriving international precious metals markets by the broad-scale acquisition, recycling and production of gold, platinum and silver, while concurrently providing a new level of service and payout to individuals and groups wanting to sell their precious metals. Through Money4Gold's consumer websites, including: www.sobredeoro.com, www.Dollars4Gold.ca, www.MyGoldEnvelope.com, www.money4golduk.com, and www.eurofuergold.de, the company strives to provide the most convenient, efficient and secure method for individuals to recycle items containing precious metals. For more corporate information, please visit www.Money4Gold.com.
Safe Harbor
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including significant growth opportunities in Germany and the surrounding regions. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of competition, the future prices of gold and other precious metals, future economic conditions, the condition of the global credit and capital markets, the acceptance of our services in the German market, and local regulatory issues, if any. Further information on Money4Gold's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K filed on April 15, 2009. Money4Gold does not undertake any duty nor does it intend to update the results of these forward-looking statements.