SANTA MONICA, Calif., March 9 /PRNewswire-FirstCall/ -- CEO America, Inc. (Pink Sheets: CEOA), exclusive U.S. licensee of CREDITZ(R) Digital Currency, today announced the signing of a comprehensive licensing and marketing agreement with the Corporate Cafe Inc. ("CCI") a Kansas City-based restaurant franchisor. The agreement is designed to increase traffic and revenues for CCI properties, reward its customers for behavior and expand promotional programs for the Corporate Cafe as it launches its franchise programs.
The agreement will enable Corporate Cafe to accept CREDITZ Digital Currency as a form of electronic payment and pay its customers CREDITZ as promotional currency for specific behaviors, such as multiple visits, menu-specific purchases or off-peak hour meals. As part of this agreement, CEOA will offer customized CREDITZ cards for Corporate Cafe "VIP" customers.
"CREDITZ' ability to deliver a cost effective payment transaction engine, coupled with its unique marketing capabilities will further solidify the Corporate Cafe position as an innovative new restaurant franchise," said William Fischbach, CEO of the Corporate Cafe. "We are excited about the potential impact CREDITZ will bring to the Corporate Cafe experience."
"The Corporate Cafe is an exciting addition to our roster of clients," said Lawrence Bracco, Chief Marketing Officer of CEOA. "Restaurants are always seeking new ways to increase traffic, reduce costs, and execute effective promotions. We are thrilled to be working with such an innovative company as Corporate Cafe and look forward to helping them expand their exposure and value across the U.S."
CREDITZ(R) is a hosted, stored-value Digital Currency and loyalty system that is universal, replaces cash, and provides spendable CREDITZ Digital Currency to consumers. CREDITZ Digital Currency is paid to customers for behavior, and merchants can earn incremental revenue from that behavior. CREDITZ is the first payment system to integrate 21st century technology into its operating platform. It is the world's first true digital currency -- the transaction and marketing engine for the digital economy.
About CEOA: CEO America, Inc., (Pink Sheets: CEOA) has the exclusive U.S. license of the CREDITZ(R) Digital Currency System. CREDITZ(R) is a ubiquitous digital currency and rewards program that offers a unique value proposition generating real cash benefits to each of its market constituencies including consumers, merchants, digital content providers, manufacturers, credit card issuers, etc. The Company has partnered with the payment industry and other transaction enablers on a revenue-sharing basis to accelerate its proliferation into the marketplace. http://www.creditz.com/
About the Corporate Cafe: Corporate Cafe is a high-energy upscale coffee shop / restaurant and bar with quality, healthy food, unique coffee & teas, and a full bar.
Utilizing the contacts of the business personalities associated with Wall Street, the Corporate Cafe is decorated with local and national business and stock market decor. The Cafe features multiple TVs, streaming stock quotes, and a sound system capable of playing multiple business programs simultaneously in an enjoyable, high quality atmosphere. There are private meeting rooms for business conferences, location-wide wireless service and other technological features.
Market information is visible from the entire restaurant. CNBC and Bloomberg are broadcast daily at the Cafe as well as streaming stock quotes, news wire services, and market alerts. http://www.thecorporatecafe.com/
Forward-looking statement disclaimer.
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, particularly statements words such as "anticipates," "estimates," "expects," "projects," "intends," "plans," "believes" and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify forward-looking statements. Our business is subject to numerous risks and uncertainties including our ability to raise sufficient capital to finance our operations. Other factors and risks could adversely affect our business in the future and could also cause actual results to differ materially from those contained in the forward-looking statements.
CEO America, Inc.
Larry Bracco
Chief Marketing Officer
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