Fortress
Financial Group, Inc. – Operational Update
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Released
on: January 16, 2008, 10:05 am
Press
Release Author: Fortress
Financial Group, Inc.
Industry:
Financial
Press
Release Summary: Fortress Financial Group, Inc. Catapults and Realigns
into the Global Electronic Payment Systems Arena
Press
Release Body: NEW YORK, NY, January 16, 2008 Fortress Financial
Group, Inc. (PINKSHEETS: FFGO.PK) today announced its bid
to top the industry of electronic payment systems as a leading provider.
The Company has assembled an operational management team
with the world-renowned electronic banking guru and co-inventor
of the ATM (Automated Teller Machine), Mr. Jack Chang, as the lead
consultant.
To
the aim of strengthening and accelerating its growth in the electronic
payments product offering front, Fortress Financial Group,
Inc.’s Chief Executive Officer, Alan Santini resolves
to focus, on a daily basis, with Mr. Chang on rapid delivery of
its ensemble of global financial payment system products to the
marketplace. Alan Santini will shortly be announcing
the appointment of an expert in new-age marketing, to head the Company’s
product promotion campaign blitz.
Fortress
Financial Group, Inc. also announces the immediate availability
of prepaid debit card programs for both the U.S. and the international
market to meet the demands of the Company’s existing corporate
clients as well as to worldwide businesses and consumers at large.
Alan Santini commented that “We are now
firmly entrenched in the international prepaid debit card business.
As reported by the Federal Reserve Bank of New York in 2004,
prepaid debit cards are one of the most dynamic and fastest growing
products in the financial industry. We are extremely bullish and
fully committed to this Sector of the Financial Services market”.
Alan Santini continued, “According to
VISA estimates, there are approximately 80 million underserved consumers
in the U.S. that can have the benefits of prepaid debit cards, and
we will have a respectable market share of these customers. However,
the worldwide market potential is enormous. With most of the 6.4
billion consumers in the world that are un-banked or under-banked,
we realize that the prepaid debit card market comprises the largest
potential customer base in the world. With certain sectors in this
market, being virtually untapped, this represents a tremendous opportunity
for our Company.”
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. is primarily engaged
in the issuing and marketing of prepaid debit and credit card and
related payment solution activities. It has just announced the acquisition
of Moneyworx, Inc., a reseller of MasterCard
prepaid USA Domestic and International Prepaid
Debit Cards. The Company will have no less than twelve
individually branded and tailored Debit Cards within the next two
months.
Fortress
Financial Group, Inc. will be launching its own label “Fortress”
International Debit Card in the first quarter of 2008.
The
Company operates through Fortress Card Solutions, Inc.
and Moneyworx, Inc. The Company will be shortly
be establishing an office in Nassau, Bahamas; primarily to service
our High Net Worth “offshore” cardholder base.
Fortress
Financial Group, Inc. (formerly Great West Gold, Inc.),
was a gold mining exploration stage company, engaged in the acquisition
and exploration of mining properties in the United States. The Company
retained these Gold Mining Exploration interests as portfolio assets;
as it intended to extract value from these assets through a future
“spin off” or a sale. The Company has now disposed of
its interests in the “Ambassador”, “Golden Eagle”
and “Mockingbird” Gold Mining Exploration properties
to Hunt Gold Corporation (PINKSHEETS : HGLC); and holds approximately
48% of Hunt Gold Corporation shares of outstanding Common Stock,
as an investment.
The
Company retains it interest in the “South Copperstone”,
and “Bouse” Gold Mining Exploration properties, at this
time. It is expected that these two remaining interests will be
exchanged for shares of Common Stock in a USA Gold Mining &
Exploration Company, within the next six weeks.
This
release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended
and such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future
expectations, plans, results, or strategies and are generally preceded
by words such as "may", "future", "plan"
or "planned", "will" or "should",
"expected," "anticipates", "draft",
"eventually" or "projected". You are cautioned
that such statements are subject to a multitude of risks and uncertainties
that could cause future circumstances, events, or results to differ
materially from those projected in the forward-looking statements,
including the risks that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors, and other risks identified in a companies' annual
report on Form 10-K or 10-KSB and other filings made by such company
with the SEC.
Web
Site: http://www.fortfinancegroup.com
Contact
Details:
Fortress
Financial Group, Inc.
Alan Santini
Chief Executive Officer
investor@fortfinancegroup.com
Tel:
(954) 840-6961
1903
60th Place E.
Suite M2240
Bradenton
Florida
34203
USA
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