3Pea International Announces Name Change of Subsidiary
HENDERSON, Nev.--(BUSINESS WIRE)-- 3Pea International Inc. (OTCBB: TPNL), a payment solutions company, today announced that its majority held subsidiary, Wow! Technologies, Inc., has changed its name to QFour Corp. This name change was made to better represent QFour's new focus, which is to seek strategic acquisitions and synergistic opportunities in the financial services arena, with an emphasis on prepaid marketing.
"In keeping with our goal to maximize shareholder value, we believe that QFour will become an important component of the overall value proposition of 3Pea," stated Arthur De Joya, Chief Financial Officer of 3Pea. "We have identified several avenues that we feel are in line with QFour's new direction. We look forward to keeping the investment community apprised of QFour's progress."
About 3Pea International:
We are a payment solutions company which currently focuses on providing prepaid debit program management and processing services. We provide a card processing platform consisting of proprietary systems and innovative software applications based on the unique needs of our programs. Through this platform, we provide a variety of services including transaction processing, card creation and fulfillment, cardholder enrollment, value loading, cardholder account management, reporting, integrated voice response, and customer service.
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 companies, are forward-looking statements that involve risks and uncertainties. There is no assurance that such statements will prove to be accurate, and actual results and future events could differ materially. 3Pea undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
KEYWORDS: United States North America Nevada
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