TORRANCE, Calif., June 6, 2005 (PRIMEZONE) -- Trimfast Group Inc. (Pink Sheets:TFTG) is pleased to announce its wholly-owned subsidiary Sur Services, Inc. has recently signed an agreement with SaferThanCash, a premier Long Distance Calling and Multi-use Shared Value Card company.
Under this agreement, SaferThanCash will provide retail distribution both within the United States and internationally while enabling Sur with a unique calling card and prepaid cellular feature. Merchants will also have the ability to earn more commissions than the industry standard.
Based on distribution, added services and merchants earning above average commissions, Sur will have the ability to capture a significant share of the prepaid Hispanic retail market.
Trimfast Group anticipates generating approximately $3 million to $5 million dollars in year to year residual revenue from this agreement.
Jeffrey A. Ullman, Trimfast Group Inc. President stated, "We are more confident then ever that the ongoing residual income will be very significant."
About Trimfast Group, Inc.:
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. Recently, Trimfast Group, Inc. acquired Sur Services, Inc. as a wholly-owned subsidiary. Sur Services is a full service supplier of Pre-Paid, Reloadable 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.
For additional information about Trimfast Group Inc., please contact Investor Relations at (973) 351-3868 or visit the company website at http://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.