.TrustCash Closes Acquisition of 25% of Alligato, Inc.
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TCHH.PK 0.0003 0.0000
{"s" : "tchh.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: TrustCash On Friday May 14, 2010, 4:24 pm EDT
ATLANTA, GA--(Marketwire - 05/14/10) - TrustCash Holdings, Inc. ("TrustCash") (Pinksheets:TCHH - News) today announces it has closed the acquisition of 25% of Alligato Inc.
The acquisition was structured as an exchange of restricted common stock.
TrustCash Management comments: "This brings the two teams closer and is a logical step forward. We are excited by the prospect of creating a company that can provide complex billing, taxation, mobile and payment solutions all under one roof."
Alligato markets its service under the
Cell Long Distance - Save On Cell Long Distance brand.
Alligato™ delivers the most sophisticated, comprehensive voice 2.0 platform available. The technology infrastructure provides the first truly open access to carrier-grade telecom functionality with hardware, software and network capacity to lower the cost of cell phone long distance from the wireless network to the Public Switched Telephone Network (PSTN) as an on-demand, fully hosted and managed service in a CaaS (Communications as a Service) model.
The Alligato service enables large member based organizations, existing service providers, application providers and web communities, to provide cell phone long distance for their customers and members with greater quality and at significantly lower costs (up to 90% savings).
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About TrustCash
The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.
The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
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