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Waterville Research Releases Report on FundsTech Corp (Bulletin Board: FNDS)

(EMAILWIRE.COM, June 19, 2007 ) New York, NY -- FundsTech Corp (Bulletin Board: FNDS) is a Prepaid Card solutions company which markets their products directly to distributors in the United States and foreign markets. The FundsTech prepaid cards presently marketed primarily targets the sub-prime credit market, which consists of customers who cannot qualify for a credit card or bank account and/or who are otherwise unattractive to banks, typically with no credit history or very low income. Instead of being linked to a personal checking or savings account or operating as means of credit, the prepaid card is prepaid and all transactions are immediately deducted from the card account balance. The card is reloadable, meaning that customers may add to the card balance when they wish to reuse the card. The card is designed so that an individuals pay from the payroll can be loaded directly to the card. FundsTech markets prepaid cards predominantly under the FundsTech brand and also privately labels prepaid cards for clients. The Company generates revenue by charging user fees using a variety of methods, including a monthly flat fee or a transaction fee for each transaction processed. For a full report see: http://www.watervilleresearch.com/companies/finance/317-1.html.Contact:Waterville ResearchMichael SweeneyTel: 212 828 7373www.WatervilleResearch.com###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.


Waterville Research
Michael Sweeney

mike@watervilleresearch.com

Source: EmailWire.com


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