WikiLoan's Card Program Moving Forward

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CNNMoney
March 8, 2010

DELRAY BEACH, Fla., March 8 /PRNewswire-FirstCall/ -- WikiLoan, Inc. (OTC Bulletin Board: WKLI), a financial social network today announced that it expects to receive final design and specifications for the first stage product of "Wiki" branded phone cards to be sold through SDI's distribution channel that reaches more than 20,000 retail locations by early next week.  The approval of the design and specifications will be the first real step taken since executing an agreement signed last month.  

"I'm excited that the process has begun to execute our strategy outlined last month to gain a foothold in this market.  The deal to develop and market "Wiki" branded products will allow our services to be advertised to millions of people in our target market," said Marco Garibaldi, WikiLoan's Founder and CEO.

About WikiLoan

WikiLoan is a Social Network with a focus on finance.  At WikiLoan.com, family and friends can borrow and lend money among themselves at rates suitable to their respective needs. The company's website provides repayment schedules and documentation for loans, along with proprietary administrative tools, which enable users to securely pull credit reports and automate the loan repayment process.

Investors may contact: WikiLoan, Inc., 561-865-5310.

This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These factors include the effect of competitive pricing, the company's dependence on the ability of third party manufacturers to produce components on a basis which is cost-effective to the company, market acceptance of the company's products and the effects of government regulation. Results actually achieved may differ materially from expected results included in these statements.

SOURCE WikiLoan, Inc.

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This page contains a single entry by Ernest Roberts published on March 9, 2010 4:25 PM.

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