New Wave Holdings, Inc. Receives Target Launch Date for
SchoolFuel Program
Las Vegas, NV -- October 2, 2015 -- InvestorsHub NewsWire
-- New Wave Holdings, Inc. (OTC:
NWAV), an electronic payment services and solutions company
with a focus in developing innovative prepaid programs, updates
shareholders today on its highly anticipated launch for its
SchoolFuel GPR debit card program.
FirstView Financial and SchoolFuel have agreed
that once the Issuing Bank submits approval for the Program, the
card will be launched and available in 10-14 weeks. The Issuing
Bank is expected to have Program Approval finalized within the next
10-15 business days.
SchoolFuel is New Waves inaugural program which consists of a
GPR debit card that streamlines current scrip programs, such as
Great Lakes Scrip and United Scrip, which have seen over $9 billion
in retail sales in the last two decades.
SchoolFuel will be co-branded by a major network such as Visa,
Mastercard and/or Discover and intends to revolutionize fundraising
for schools, churches and club sports.
In the interim, New Wave and its subsidiary, SchoolFuel, will be
launching dynamic new websites; New Wave will feature a blog for
shareholders as well as up to date investor information on
SchoolFuel and other ventures, partnerships or otherwise.
The SchoolFuel site will be a front-end design to market the
Program while FirstView Financial and its processor will construct
the backend to ensure full program assimilation and
compatibility.
As well, once bank approval is received, SchoolFuel will begin
aggressively building retailer participation for the program with
regular updates to shareholders as they are added.
As well, FirstView has introduced a key client to SchoolFuel in
the name of a potential partnership that would have incredible
impact on additional revenue streams and marketing opportunities
for the SchoolFuel brand, alongside increased access to unique
fundraising platforms. Details will be released soon via press
release.
Finally, the share structure, including A/S and O/S as reported
on OTC Markets remains unchanged and
New Wave has committed to keeping these locked through at least EOY
2015.
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New Wave Holdings is a Holding Company focused in electronic
payment services and solutions with a focus in bringing innovative
prepaid programs to market. The company strives to be a leading
contender in the issuance of prepaid solutions and services that
are both highly marketable and with socially conscious
profitability.
SchoolFuel, LLC is a Company dedicated to innovative fundraising
solutions for schools, universities, club teams, churches and more!
Its inaugural program is a General Purpose Reloadable Debit Card
which uses a patent-pending process to effect donations for
consumer chosen non-profits.
FirstView Financial is a leading provider of financial, mobile
and payment technology solutions. FirstView provides innovative
payment solutions to help companies create new revenue streams,
reduce cost, increase security and improve efficiency. Over the
last decade FirstView has been delivering prepaid program
management and processing services supporting a diverse array of
prepaid card solutions. FirstView Mobile payment solutions allow
companies to capitalize on the dramatic shift to mobile
payments.
With decades of payment management experience, FirstView excels
at innovation in the high-growth electronic, prepaid and mobile
payment markets. FirstView provides turnkey prepaid debit card
program solutions enabling clients to enjoy all the benefits of
operating a fully custom prepaid program, without the compliance,
risk management, overhead and operational burdens associated with
entering the program management business directly. FirstView was
recently honored with two prestigious 2014 and two 2015 Paybefore
prepaid Industry Achievement Awards, including the award for our
core business of white labeling prepaid programs. FirstView was
recently honored with two prestigious 2014 PayBefore prepaid
Industry Achievement Awards. Providing innovative payment solutions
since 2005, the company is headquartered in Atlanta, GA.
Forward-Looking Statements
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward- looking statements to reflect events or circumstances
after the date of this release.
Contact Investor Relations
260-245-1173
info@newwaveholdings.con