IRVINE, CA — (Marketwire) — 08/15/11 — Trycera Financial, Inc. (OTCBB: TRYF), a financial services company specializing in the delivery of prepaid card programs, prepaid card program management, alternative credit products and financial services, today announced that it has executed a Letter of Intent (“LOI”) to purchase an existing business center in a high growth video email communication company.
This video email platform is currently being utilized by Trycera to help educate consumers and update investors in a more personal and informative way rather than sending SMS text messages or traditional e-mail. The product allows up to 20 minutes of recorded video to be sent in a single email to multiple recipients, which is important in the delivery of Trycera-s personal financial services training and educational messages. In addition to utilizing this platform, the LOI will allow the Company to be in a position to generate sizable revenues from this innovative product.
Ray Smith, the President and CEO of Trycera, stated: “We are pleased to enter into this Letter of Intent and are confident we will be able to consummate this transaction quickly. Once this acquisition is completed, the Company stands to gain instant access to a network designed to help convey an important message helping consumers struggling with their personal and family finances.”
ABOUT TRYCERA FINANCIAL, INC.
Trycera Financial, Inc. is a financial services company specializing in the delivery of prepaid card programs, prepaid card program management, alternative credit products and bill payment reporting. The Company also markets a diverse suite of personal financial management solutions and pay as you go services that allow consumers the ability to have recurring and non-traditional payment information such as rent, utilities, insurance and wireless phone service payments reported to national credit reporting agencies. For more information, please visit the Company-s web site at .
FORWARD-LOOKING STATEMENTS
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INVESTOR / PRESS / MEDIA CONTACT:
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