EMNC Emonee com Inc (CE)

E-monee.com, Inc. (E-monee) (Pink Sheets:EMNC) is pleased to announce that it has entered into a Joint Venture Agreement with Talal Zainy Company to market its Global Electronic Treasury System (GETS). The newly formed Joint Venture will be a Saudi Arabian Corporation and will be named "E-monee Saudi Arabia". The Joint Venture's principal place of business will be in the Abbar and Zainy Tower, Jeddah, Saudi Arabia. As part of the terms of the Joint Venture, Talal Zainy will become a significant shareholder of E-monee and will sit on the Board of Directors. E-monee has targeted Saudi Arabia as one of its initial niche markets. "In depth market research convinced us that E-monee will play a major role as a provider of Global Electronic Treasury Services to emerging multi-national companies in Saudi Arabia. We look forward to the opportunities presented by this Joint Venture," said Estuardo Benavides, E-monee's CEO. The Joint Venture has already begun its marketing campaign and expects to announce additional relationships before the end of the month. E-Monee.com, Inc. is a Florida based company with its core product being a hybrid which integrates technology and telecommunications with banking. The result is a Global Electronic Treasury System (GETS) which facilitates the collections, movement, disbursement and deposit of funds for individuals and companies located worldwide. As a newcomer to a dynamic electronic payments arena, E-monee.com is embarking into the brightest stage of development, penetrating untapped niche markets which are in need of replacing cash, checks and antiquated systems. To do so E-monee.com offers a combination of technology and banking joined with a global telecommunications network to deliver a business model that allows E-monee.com to meet the demands of our niche markets. The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to: factors detailed in E-monee.com, Inc.'s (formerly Coffaro Family Products, Inc.) Securities and Exchange Commission filings; failure of registration statements to be declared effective; the loss of contracts or failure to acquire new contracts; success of any legal actions; failure to successfully implement newly developed product lines including projected increases in revenues or earnings; the inability to initiate or complete any contemplated restructuring, offering, acquisition, disposition or other transaction; adverse financial performance by E-monee.com, Inc. or any of its subsidiaries; failure to obtain or maintain regulatory approval for products and services offered by E-monee.com, Inc. or its subsidiaries; failure to complete the development and commercialization of alternative energy products or services; adverse equity market conditions and declines in the value of E-monee.com, Inc. common stock; and the unavailability of financing to complete management's plans and objectives. The forward-looking statements contained in this press release speak only as of the date hereof and E-monee.com, Inc. disclaims any intent or obligation to update these forward-looking statements.