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Consorteum Holdings Inc. Forms Joint Venture to Capitalize on Emerging International Markets
Tuesday, September 15, 2009 9:51 AM


(Source: Business Wire)trackingConsorteum Holdings Inc. (OTCBB: CSRH) announced today that it has established a new Joint Venture partnership with Chicago-based Trans Screen Group of Illinois. Under the terms of the joint venture, Trans Screen will leverage Consorteum Holdings' expertise to provide financial services solutions to a number of new emerging global markets.

Quent Rickerby, President & COO of Consorteum Holdings Inc., said, "This new joint venture further demonstrates the importance of the company's global business model, while significantly increasing our shareholder value through increased revenue opportunities."

Through this newly established joint venture relationship, Trans Screen Group and Consorteum Holdings Inc. will expand into markets outside North America to include new business opportunities in India, Africa, Russia, Latin America, Thailand and China for payroll cards, loyalty programs, gift cards, processing and other value added services. Initial endeavors will be announced in Q4, 2009 with deployments expected to commence in early 2010.

Paul Dillon, President and CEO of Trans Screen Group, commented, "Since formation, Trans Screen Group has been positioning itself in a very difficult market. Trans Screen Group is ready to take advantage of opportunities through constantly streamlining the efficiencies of our global structure. The Consorteum Holdings Inc. & Trans Screen Group joint venture creates an exciting new platform for investors, partners, employees and most importantly, the customer. This joint venture allows both companies to channel their resources and create an expanded, more diverse and profitable holding company."

About Consorteum Holdings Inc.

Consorteum Holdings Inc. will build on its extensive expertise within the Payments and Transaction Industry in North America, Europe and Internationally. By identifying new technologies and trends in the changing global marketplace, Consorteum Holdings Inc. aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. Consorteum Holdings Inc. has built its reputation with one goal, "For our customers to look at us as partners, not just a technology provider."

For more information, please visit: www.consorteum.com.

About Trans Screen Group

Trans Screen Group's business orientation is domestically managed but internationally positioned by its organization and strategic development. Our engagements span across a variety of sectors and industry yet are unified through solid and expanding business relationships.



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