Ventura, CA, October 26, 2005 --(PR.com
)-- Global Internet Forex & Futures Stock Exchange (Charismatic) signed an exclusive agreement with FranTech International Licensing, Inc. (FranTech), of Ventura, California, which grants FranTech the right to franchise and market Charismatic's international forex and futures stock brokerage services member licenses through FranTech's network of 600 agents in 220 countries to governments and enterprises around the world.
The company explained that the Charismatic Holdings, Co., Ltd. international forex and futures stock brokerage services are uniquely suited to meet the global trading needs of most countries. The Charismatic online trading systems allows for quick and secure executions of customer forex and futures trades, in a simple, safe, and easy to use and understanding format.
Angelina Lazar, CEO of Charismatic, said, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing licensing agreements. With more than 35 years of experience, FranTech knows international forex and futures trade policy, law, marketing, investment banking, and technology research. Their broad expertise, coupled with access to key governmental decision makers, provides services uniquely valuable to Charismatic Holdings overseas."
The company explained that FranTech's mission is to foster the development of the global economy by providing a global perspective to alternative investments to developers, marketers, manufacturers and innovators on newly emerging and preemptive technologies. It offers world-class solutions for the licensing and transfer of USA and worldwide innovations to emerging economies.
Philip Nadeau, CEO of FranTech, said, "We see a tremendous market worldwide for investors with 24-hour forex and futures trading services and already have interest from several countries. We plan on developing brand name recognition and positioning of Charismatic with many governmental agencies (central banks) and monetary fund divisions where we already have relationships in place."
About Charismatic Exchange
The Charismatic Internet Forex & Futures Stock Exchange service consists of a secure system with 24-hour forex markets providing member access and trade. All transactions are monitored, secure and kept completely private and confidential. The focus of Charismatic Exchange is to give investment companies exposure to forex and future investors and alternative investment capital from all over the world, not just in the country of their primary listing. In addition forex and futures investors are provided with a 24-hour trading day versus the six-and-half to seven hours on most world exchanges. Charismatic Holdings provides qualifying global companies with secondary liquid markets, including publishing Charismatic bid/ask information to investors worldwide. This provides companies with a new marketplace to raise forex money and issue futures stock saving significant fees in legal, accounting and underwriting requirements.
About FranTech International Licensing, Inc.
FranTech consists of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines. They have over thirty-five years of experience with their proven partners. In addition, FranTech has proven track records in assembling, negotiating and consummating trade, licensing, technological and financial agreements. They pool strengths drawn from experience in international trade policy, law, marketing, alternative investments, hedge funds, investment banking and forex and futures technology research. This broad expertise, coupled with access to key governmental and business decision makers, provides services uniquely valuable to Charismatic in the restructuring global economy. Charismatic is pleased to commence a strong working relationship with FranTech.
FranTech's mission is to foster the development of the global economy by providing a global perspective to investors, developers, marketers, manufactures, and innovators of newly emerging and preemptive forex and futures technologies. They offer world-class solutions for the licensing and transfer of USA and worldwide innovations to emerging economies in 220 countries worldwide for over thirty-five years.
For information on this exclusive technology contact FranTech at:
(805) 653-5264 or President@FranTechUSA.com
Safe Harbor Statement: Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.