MONTVALE, N.J., Nov. 9, 2004 (PRIMEZONE) -- Global Debit Cash Card Inc. (Pink Sheets:GLCD) today announced that Allounez Inc., a Delaware corporation, has contracted with the company to provide the E-Money Now ATM Debit Card plus Visa with Dove Hologram Prepaid Debit Card Package co-branded with The Seventh Day Adventist logo. This program is being made available to all 12 million members of the Seventh Day Adventists worldwide. Allounez Inc. placed an initial order on October 29 for 10,000 three-card packages.
Global Debit Cash Card Inc. will distribute pre-paid debit cards geared to specific markets. Global expects to use www.gldcc.com to announce and provide specifics about each new card program once the site is revamped. The company's principal executive offices are located in Montvale, N.J.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as GLCD or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.
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