July 23, 2007
Oxford Investments Holdings Secures Payment Processing Engine
and
E-Wallet Platform To Open New Branches
TORONTO, ON. – July 23, 2007 – Oxford Investments Holdings Inc. (OTCBB: OXIHF) is pleased to announce that it has entered into a joint-venture partnership to obtain a Payment Processing Engine and an E-Wallet Platform that will provide the technology for the backbone to Oxford’s FocusKard suite of payment solutions.
Oxford will own fifty percent (50%) of Serenity Investment Holdings Corp, a British Virgin Islands corporation established for the joint-venture. Serenity will hold the source codes and intellectual property for the technologies utilized by the joint-venture. Serenity will also implement and administer Oxford’s various electronic payment card solutions, which include direct-banking, direct-debit, payroll, stored-value, and loyalty card programs. Through owning the Payment Processing and E-Wallet technology, Oxford expects to generate revenues by providing turn-key payment processing solutions to financial institutions and any other organizations that require electronic payment capabilities and by managing those solutions for them
“This development represents a key component in our growth strategy”, stated Michael Donaghy, President and Chief Executive Officer of Oxford Investments Holdings Inc. “Having the technology in-house will enable Oxford to aggressively pursue and respond to opportunities without the need to depend on third-party providers.”
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc. is now establishing itself as a leading online payment solutions Company. The Company is concentrating its business around its “FocusKard” suite of products. The FocusKard suite provides a comprehensive card payment solution meshed with a user-friendly e-wallet for e-commerce businesses.
For further information, please visit Oxford Investments Holdings website at www.oxsof.com or AGORACOM’s Oxford Investor Relations Hub at www.agoracom.com/IR/Oxford, phone Michael Donaghy at 1-800-293-4871 or email OXIHF@agoracom.com.
FORWARD LOOKING STATEMENTS DISCLAIMER:
Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.
This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.
