HARBOR CITY, Calif.–(BUSINESS WIRE)–Anoteros, Inc. (OTCBB: ANOS) appear today an acceding with Infoserve, Inc. of the Philippines to authorize systems casework and branding for ATMs, cyberbanking funds transfers, point-of-sale systems and debit cards primarily in the provinces, which abundantly do not adore the cyberbanking banking/e-commerce casework accessible in burghal areas.
Michael J. Sinnwell, Jr., President and CEO said, “After an almost 90-day development and arrangement accomplishing period, minimum revenues to Anoteros could be about $100,000 in the aboriginal year and up to $315,000 in the third year with added authorization fees and software advancement fees for added users beneath a Limited Licenses Agreement. In time, we apprehend college revenues per year and a minimum of added than 1.5 actor cards broadcast over a six-month aeon as Infoserve penetrates the specialized underserved bazaar in what they appellation ‘the aftermost mile’ in the Philippines interior,” he acicular out.
Work will be performed through the Anoteros wholly-owned subsidiary, Antero Acquittal Solutions, Inc. Duties accommodate arrangement hosting, arrangement upgrades, cadre training, 24/7/365 account aliment and systems advancement nightly. Infoserve may arrangement for added casework of ATM Assure for check/debit verification, Antero Analysis Analysis for bad analysis absolute acquaintance and ID Assure for claimed identification.
During the development period, Antero Acquittal Solutions cadre will detail the administering administration system; diagram the key appearance of the system; accommodate a solutions overview for branding, clandestine characterization websites and abettor systems; activity amount credibility and present milestones for implementation.
“We see a ablaze approaching in the cyberbanking transaction and agenda processing acreage in accepted and in our affiliation with Infoserve in particular,” Mr. Sinnwell said apropos the announcement. “We apprehend to advertise agnate agreements with added calm and all-embracing barter in the a future,” he added.
Infoserve, Inc. is a 25-year-old associate of Nationlink Network, a avant-garde in accouterment cyberbanking and ATM casework in the Philippines to acceptable banks, S&Ls, austerity banks, rural banks, acclaim co-ops, microfinance companies and banking co-ops in hundreds of banking institutions with bags of branches and added than 6,000 ATMs. Infoserve additionally has interests in the hospital casework and alternate armamentarium administration markets. Additionally, they are represented in the United States, Indonesia and Bangladesh.
Antero Acquittal Solutions, Inc., a wholly-owned accessory of Anoteros, Inc. (OTCBB: ANOS), is a all-around provider of advice administration and cyberbanking business systems for the banking casework industry. The Company has developed a advanced ambit of e-commerce platforms to ensure defended cyberbanking payments for checking, debit card, prepaid agenda and adaptable acquittal applications; accouterment merchants with opportunities for lower amount structures and the abeyant to access their applicant bases. Anoteros, Inc. afresh relocated its address from San Diego to Harbor City, adjoining to Los Angeles.
“Safe Harbor Statement” Beneath the Clandestine Securities Litigation Reform Act of 1995: Certain statements in this account absolution are “forward-looking statements” aural the acceptation of the Clandestine Securities Litigation Act of 1995. These advanced statements are based on our accepted expectations and behavior and are accountable to a cardinal of accident factors and uncertainties that could account absolute after-effects to alter materially from those declared in the advanced statements. These risks are to be included in filings with the Securities and Exchange Commission, all of which are to be accessible at www.sec.gov. We abandon any ambition or obligation to alter any advanced statements, including, after limitation, banking estimates, whether as a aftereffect of new information, approaching contest or otherwise.
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