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Fri, August 14, 2009
Thu, August 13, 2009
Wed, August 12, 2009
Xcellink International Inc. : Xcellink International Inc. Secures Rights to Mobile Payment System
LAS VEGAS, NV--(Marketwire - August 12, 2009) - Xcellink International Inc. (
Xcellink aims to become a major player in the next generation of customer payment systems. The Intellectual Property and associated Patents relate to critically important elements of automated data interchange between customers (buyers) and merchants (sellers) over local, wired or wireless electronic links, potentially replacing all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services.
"Xcellink's acquisition of the licenses was critical to an unrestricted ability to develop the technology further and commercialize the products," commented a Company spokesman. "Xcellink will take over the whole intellectual property database as part of the license."
Using existing technologies such as mobile phones and wireless digital networks, and exploiting the techniques associated with secure messaging systems and consumerization, the Xcellink process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime and at a fraction of the cost of current transactions.
The Xcellink technology is the subject of awarded and pending patents in several countries. The full list can be found at [ http://www.xcellink.com ] on the "Patents" page.
About Xcellink
Xcellink International Inc. is a developer of advanced platform-independent customer-centric payment systems and methodologies. Xcellink's patented system has the technical ability to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services in a customer-centric manner that is more efficient, economical, and secure than systems operating today. Xcellink's unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current transactions.
Please visit [ www.xcellink.com ]
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.
