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Friday Feb. 12, 2010
DrStockPick.com Stock Report!
CSRH, Consorteum Holdings Inc, CSRH.OB
CSRH will build on its extensive expertise within the Payments and Transaction Industry in North America, Europe, and internationally by identifying new technologies and trends in the changing global marketplace, CSRH aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. Each program and initiative launched is designed to drive additional transaction based, long-term revenues and increased shareholder value. CSRH has built its reputation with one goal, �For our customers to look at us as partners, not just a technology provider.�
CSRH has signed a management agreement with UK based Blue Sea Manning Ltd. to provide integrated payroll and multi-currency settlement solutions.
Blue Sea Manning provides first class officers and crews for yachts, cruise ships and offshore vessels. With ship owners and staff placed across the globe, Blue Sea Manning required a streamlined way of accepting payments in multiple currencies from ship owners, converting the funds, and paying their officers and crew in the local currency of choice, without the cost of expensive wire transfers.
Currently, Blue Sea Manning receives wire transfers for invoice payments in numerous foreign currencies from all over the world. CSRH’s custom tailored solution will manage all incoming global payment tenders, currency conversion functionality and administrative tools for payroll settlement to staff members in their preferred currency; directly into a bank account or onto a payroll card.
This agreement further demonstrates CSRH’s ability to quickly deploy and expand its services and client base into new overseas markets.
More about CSRH at www.consorteum.com
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