IRVINE, Calif., Dec. 1, 2006 (PRIME NEWSWIRE) -- "The addition of a veteran and respected industry leader to the company's management can be a double benefit to an emergent company," stated SmallCap Sentinel analyst D.R. Clark. "Clearly, the company benefits from the new team member's skill-set but in the case of the addition of a respected industry veteran, it also sends a message to the marketplace that the company is for real."
"For example, Utix Group, Inc. (OTCBB:UTIX) has just announced that Steve Apesos, a 20+ year professional in the cards payment business will rejoin Utix. Apesos initially worked with Utix from 2002-2005, securing a magnetic strip prepaid platform with Discover Financial Services, a business unit of Morgan Stanley (NYSE:MS), and processor eFunds (NYSE:EFD), a leading payment processing and information intelligence company. Apesos helped forge many of Utix's initial relationships with American Express, Carlson Marketing, the PGA TOUR and Elizabeth Arden/Red Door," Clark added.
The informational report "Better Mousetrap Files" has been made available to the investing public at www.SmallCapSentinel.com The report will discuss better mousetrap equities ranging from Utix to Google (Nasdaq:GOOG).
The Utix System and technology application allows the recipient to redeem the pre-paid ticket at participating venues nationwide for a single-use activity, such as a round-of-golf, spa treatment or admission to the movie theatres, effectively settling these transactions at variable prices via the open payment network that traditionally utilizes only dollar-for-dollar payment authorizations such as stored value cash, debit and credit cards. Utix has successfully marketed its proprietary Utix prepaid experience products, including Golf, Ski, Spa, Movie and Bowling, to the business-to-business industry and retail marketplace. Utix offers prepaid experiences nation wide, allowing recipients to enjoy a specific experience at more than 12,000 nationwide locations of their choosing. For more information about Utix please visit the company's website at http://www.utix.com
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect the results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project its capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy nor offer to sell securities but is rather a paid advertisement provided for information purposes only and shouldn't be used as basis for any investment decision. MP isn't an investment advisor and this report isn't investment advice. MP has been paid $10,000 by Utix Group Inc. for preparation and distribution of this report and other advertising services over a ninety day period. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding subject companies.