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Tuesday October 27, 2009
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CSRH, Consorteum Holdings Inc, CSRH.OB
Consorteum Holdings Inc. Launches Alternative Mail-In Rebate Program for Manufacturers and Retailers
LAS VEGAS�(CRWENEWSWIRE) October 27, 2009�Consorteum Holdings Inc. (OTCBB: CSRH) announced today that it has proceeded to launch its consumer stored value rebate card.
The consumer rebate card program will offer manufacturers and retailers a new way to process mail-in rebates that ensures increased customer loyalty and decreased overhead costs.
Quent Rickerby, President & COO of Consorteum Holdings Inc., said, �This new program will significantly reduce the costs of managing mail-in rebates. The process of mailing checks to consumers continues to be very expensive and only provides for a one-time interaction with the recipient. With this new program, the consumer receives a co-branded gift card that can be used at any merchant accepting credit cards.�
Consorteum will work directly with manufactures and retailers to reduce the administration costs associated with mail-in rebate programs while providing a new way to increase consumer awareness. Additional revenue and cost-saving opportunities will be available to all parties through unspent funds remaining on the card after expiration.
Mr. Rickerby added, �By providing a co-branded gift card, the manufacturer or retailer has the ability to increase and reinforce their marketing brand every time the card is used. The card also provides the consumer with a choice of where they want to spend their rebate.�
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.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company�s SEC filings. These risks and uncertainties could cause the company�s actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Consorteum Holdings Inc.
+1 866-824-8854
investors@consorteum.com
Source: Consorteum Holdings Inc.
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