Xcellink International Inc. : Xcellink Outlines the Concepts Underpinning Its Patents -- Company Has Potential for Multiple Rev
LAS VEGAS, NV--(Marketwire - September 2, 2009) - Xcellink International Inc. (
The Company believes it holds patents for what will become the primary global process for managing the provision of goods and services as well as payments in the information era. As owners of the patents underpinning the process, the Company expects to generate significant revenues.
The Company's patents describe methods for managing the provision of goods and services and payment processes that are customer-centric instead of, as most systems are now, merchant-centric. This is a subtle distinction, but one with a potentially massive impact.
In typical systems operating today, the advertising, ordering, supply and payment systems are fractured or segregated processes that are almost always driven and provided by the merchants or their agents. In Xcellink's patented consumer-centric approach, the system is the other way round, with a merchant offering goods and services within a central management system established on behalf of all customers.
Xcellink International Inc. has the potential to gain exceptional revenue by implementing or administering a global customer-centric system with revenue coming from:
-- Licenses for the Intellectual Property -- Dedicated business units servicing several sectors in E-Commerce -- Software support for other companies administering E-Commerce systems -- Support of Government activities in Legislation, Taxation and Consumer Protection and -- Related activities in education, research and market analysis.
This new approach ensures that goods and services are supplied and paid for in a way that is focused on the customer's needs, instead of just those of the merchant. Arguably, this type of system is preferable for both parties, but has until now been too technically difficult to achieve on a mass scale.
Mobile phones based on wide-area networks and similar networked personal computing devices, which are key to much of the system, are now nearly universal and have the capability to support the Xcellink system. Various social commentators over the last few years have observed a continuing drift away from Trader-driven methodologies and towards what is becoming known as "Consumerization" -- introducing the concept of central community agents for consumers where technologically enabled consumers demand process and systems that are primarily focused on their own needs as opposed to the needs of the merchant, and where the agent is trusted by the consumer to perform much of that role. This trend can be expected to make the patented Xcellink architecture even more valuable in the years to come.
"Technology and Social attitudes are rapidly converging towards Xcellink-type systems," commented a Company spokesman. "Our patents put us in an incredibly strong position with regard to future revenue generation."
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.