FORT LAUDERDALE, Fla., March 21, 2007 (PRIME NEWSWIRE) -- Secured Financial Network, Inc. (OTCBB:SFNL) announced today the Company has signed an Agreement with Deerfield Beach, Florida-based strategic consultancy, Nexus Solutions, Inc., in which Nexus will provide Secured Financial Network access to its major existing customer relationships including Adult Entertainment Broadcast Network (AEBN), Power2Process, Inc., Harrah's Entertainment, Inc. (NYSE:HET) along with a host of others.
David Rappa, Nexus Solutions President, commented, "We believe Secured Financial's best-of-breed technology and ability to rapidly deploy CardVoii Solutions provides a unique processing tool for our strategic partners and clients who process transactions electronically, particularly those exclusively engaged in online commerce and those within the telecommunications arena. We will literally be walking Secured Financial's products and marketing programs into these potential customers."
Jeff Schultz, President and CEO of SFNL stated, "We are excited with the potential for this consulting agreement with Nexus and the millions of potential CardVoii customers and transaction processing revenue streams that can be cross marketed for various e-commerce products and services."
About Secured Financial Network
Secured Financial Network, Inc. is a Ft. Lauderdale, Florida-based company engaged in a full-spectrum of e-commerce transactions through a proprietary 'bank-grade' electronic-vault based payment processing system through its exclusive Envoii Deployment License Agreement. SFNL looks for business opportunities in which Company participation will create growth, add to profitability, and build shareholder value.
About Nexus Solutions
Our mission is to help companies find and open the right doors. Since 2003, we've teamed up with small to mid-size businesses across a wide array of industries to target and create new customers, generate revenue, and unlock potential. Those vertical markets that we have aligned ourselves with include: Telecom, Casino Operations, International Land Investment, and an array of Financial Services just to name a few. Through a potent combination of strategic thinking, business consulting and effective creative services, we help company's open doors, and get results.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Secured Financial Network, Inc. and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.