TrustCash Mobile Payments Solution iPhone Device Management Specifications Completed
08 June 2010 - 7:40AM
Marketwired
TrustCash Holdings, Inc. ("TrustCash" or the "Company")
(PINKSHEETS: TCHH) confirms that it has implemented the device
management specifications in its proprietary database for the Apple
iPhone. Using the previously developed proprietary TrustCash JAVA
device management web application, all versions and variations of
the iPhone shall be fully supported as part of the mobile payments
product strategy.
Needham analyst Charles Wolf delivered a range of (far into the)
future sales projections for iPhone sales, predicting these will
reach 142.5 million sales in 2019 from 37.2 million this year.
These figures assume the global smart phone market grows from 170.2
million units in 2009 to 569.8 million in 2019, and that Apple's
market share grows from 15% to 25%.
The design of the TrustCash Device Manager shall support all
future versions of the iPhone globally with an automated real-time
update process to any hardware, software and firmware upgrades done
by Apple. Thus, the support of the TrustCash mobile payments
platform for all iPhones in the market today and well into the
future will be immediate as they roll out of the assembly
factories.
The consensus of the TrustCash team is: "You can't escape the
lure and the loyalty of the iPhone. Visit any place where people,
not just tech-geeks communicate and congregate, and you'll find
lots of iPhones. It could be a Microsoft conference or even a
Google function -- the iPhone is omnipresent."
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ABOUT TRUSTCASH
The TrustCashâ„¢ platform delivers a sophisticated, comprehensive
online payment processing system.
The TrustCash technology infrastructure provides merchants with
open access, PCI compliant payment processing. TrustCashâ„¢ is an
E-Commerce expert providing online businesses with payment
solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties, including the
sufficiency of existing capital resources, technological changes
and uncertainties related to the development of TrustCash's
business model. The actual results TrustCash may achieve could
differ materially from any forward-looking statements due to such
risks and uncertainties.
Contact: TrustCash Holdings, Inc. Shareholder Communications
Email Contact: Email Contact 1-800-975-5196
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