DALLAS, Texas, July 28, 2004 (PRIMEZONE) -- MicroTech Trader, a leading source of news and information on small-cap technology companies, announced today that it has awarded its highest rating of "Strong Buy" to Global vision Holdings, Inc. (Pink Sheets:GVHL). In addition to GVHL, MicroTech Trader has awarded its "Strong Buy" rating to: Airbee Wireless, Inc. (Other OTC:ABEW), an innovator of intelligent software for wireless voice, data and video communications; and Maximum Dynamics, Inc. (OTCBB:MXDY), a projects management and back office services company with subsidiaries focused on technology solutions, business process management and wireless communications.
GVHL is a developer and wholesale marketer of next-generation, prepaid financial service products, serving a multibillion-dollar global marketplace. The company specializes in worldwide distribution of pre-paid bankcards and other debit/stored-value products such as retail gift cards, prepaid telephone calling cards, and healthcare and insurance products.
GVHL earned MicroTech Trader's "Strong Buy" this week on news that it has entered into an agreement with BSP Rewards, Inc. ("BSP") of Florida to build "Global Rewards," a consumer purchases incentive program that links to thousands of merchants and is available to all debit/stored value and credit card holders around the world. The company entered the prepaid/stored-value debit card market through a strategic alliance with FirstCard Resources, LLC (FCR), a leading turnkey provider of bank debit cards, earlier this month.
Prepaid debit cards are in great demand because they cater to businesses and individuals that do not qualify for bank accounts or credit cards. The market for prepaid debit cards is just in its infancy domestically and virtually untapped outside the United States.
Meanwhile, the number one gift item during the 2003 holiday season was the gift card. In fact, 45% of adult U.S. consumers, an estimated 97 million people, purchased a gift card in the 12-months ending August 2003 compared to just 23% in a similar survey conducted a year earlier. MicroTech Trader believes there is significant growth potential for companies positioning themselves quickly in these emerging markets.
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