GT Legend Automotive Announces Strategic Partnership With Greenlink Interactive
15 September 2009 - 6:21AM
Marketwired
GT Legend Automotive Holdings Inc. (PINKSHEETS: GTLA) announced
recently that a Binding Letter of Intent had been signed to acquire
Sovereign Transfer Services Corp. GT Legend now announces that
Sovereign Transfer Services Corp., trading as Sovereign Card
Services, is forming a joint venture with Greenlink Interactive, to
develop PODS (point of decision systems) that will allow the sender
and recipient to see each other "LIVE" during the banking
transaction. These PODS will be deployed in high traffic retail
locations such as grocery stores, malls, mini-marts and major
retail stores worldwide.
Sir Michael Burton-Prateley, CEO and President of Sovereign,
remarked, "We are delighted to be partnered with Greenlink to bring
an important service to those who are currently disadvantaged
through lack of access to safe, reliable and inexpensive cash
management services. In addition we believe that in pioneering
deployment of reverse ATM equipped PODS, we can empower individuals
to take complete control of their banking activities -- depositing,
withdrawing and transferring funds and paying bill at the POD, in
real time and at very attractive charges. There are over 40 million
Americans who do not currently have bank accounts -- we will offer
a compelling 'banking system' to these valuable individuals and
provide a low cost platform for US-based individuals to support
their families and dependents anywhere in the world."
Jim Wheeler, CEO of Greenlink Interactive, commented, "I am
excited about the future and the ability Greenlink Interactive and
Sovereign will have to reconnect families throughout the
world."
About GT Legend Automotive Holdings Inc.:
GT Legend Automotive Holdings, Inc. is a Nevada corporation
developed to meet the growing needs of the ever-changing automobile
after market and to introduce a patent pending "Green Energy"
conversion for cars and trucks, that is expected to increase
mileage while adding horsepower and reducing emissions. GTLA is in
the process of acquiring Sovereign Transfer Services Corp., trading
as Sovereign Card Services. Sovereign Card Services provides both
VISA and MasterCard, secure, full service debit cards, providing
cardholders with ready access to cash at millions of ATMs worldwide
and which enable cardholders to conveniently pay for purchases at
retailers everywhere. In addition Sovereign cards provide secure,
low cost, convenient transfer of funds to relatives and loved ones
through Sovereign's "Companion Card" program. Sovereign Debit Cards
are easy to load, whether by cash, direct deposit, wire transfer or
money order. For more information, visit
www.sovereigncardservices.com.
About Greenlink Interactive:
Based in Corona, California, Greenlink Interactive is a
technology-driven service company that has developed new hardware,
software and methodologies to better serve customers in a number of
venues. Based upon proven technology, science, engineering, product
design, and products that have been successfully developed over the
past decade. For more information, please visit our website at
www.greenlinkinteractive.com, or contact our Investor Relations
Department at 1-888-548-3002.
Contact: Tom Parilla Parilla Investment Group 814-824-4326
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