TORRANCE, Calif., May 26, 2005 (PRIMEZONE) -- Trimfast Group Inc. (Pink Sheets:TFTG) is pleased to announce that is has acquired Sur Services, Inc. as a wholly owned subsidiary to the Company. This transaction has been in the making for several months and was set in place to provide immediate residual revenues into Trimfast Group.
Sur Services, Inc. is a full service supplier of Pre-Paid, Re-loadable Stored Value ATM and MasterCard cards with Value Added products such as Roadside Assistance, Pre-Paid Legal, and Long Distance phone card services. Sur Services, Inc. cards also allow users to share access to their accounts from multiple locations, both nationally and internationally.
Management believes this acquisition positions the Company to compete in this large and growing market with a new and innovative product that is easier to use and less expensive than the consumers current alternatives.
Jeffrey A. Ulman, Trimfast Group Inc. President stated, "This was a key acquisition for our company and shareholders. Not only will Sur Services provide instant revenues into Trimfast, but it will position our company to become a leader in the billion dollar stored value card (svc) industry."
About Trimfast
Trimfast Group is an emerging company actively looking for additional mergers or acquisitions. These mergers or acquisitions will be targeted towards private companies with a significant ability for growth.
For additional information about Trimfast Group Inc., please contact Investor Relations at (973) 351-3868 or visit the company website at www.trimfastgroup.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.