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Article Excerpt
Consorteum Holdings Inc. (OTCBB: CSRH) announced that it has established a new Joint Venture partnership with Chicago-based Trans Screen Group of Illinois. Under the terms of the joint venture, Trans Screen will leverage Consorteum Holdings' expertise to provide financial services solutions to a number of new emerging global markets.
Quent Rickerby, President & COO of Consorteum Holdings Inc., said, "This new joint venture further demonstrates the importance of the company's global business model, while significantly increasing our shareholder value through increased revenue opportunities."
Through this newly established joint venture relationship, Trans Screen Group and Consorteum Holdings Inc. will expand into markets outside North America to include new business opportunities in India, Africa, Russia, Latin America, Thailand and China for payroll cards, loyalty programs, gift cards, processing and other value added services. Initial endeavors will be announced...
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