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    FGBF, 1ST GLOBAL FINANCIAL - News!!! nachbörslich vom 26.03.2007 - 500 Beiträge pro Seite

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      schrieb am 27.03.07 06:13:25
      Beitrag Nr. 1 ()
      1st Global Financial Corp.'s Wholly Owned Subsidiary Increases February Monthly Transactions to a Record $2,550,000 PlusMonday March 26, 4:00 pm ET


      February Transactions Increase 26% Over January Transactions


      LAS VEGAS, NV--(MARKET WIRE)--Mar 26, 2007 -- 1st Global Financial Corp. (Other OTC:FGBF.PK - News) (XETRA:ZUM.DE - News) announced that its wholly owned subsidiary 1st Federal Financial Corp.'s February 2007 monthly credit card processing transactions continued its strong growth rate, expanding more than 26% from the previous month.


      In January 2007, transactions were approximately $2,021,000. February 2007 transactions jumped more than $530,000 to approximately $2,551,000, a more than 26% increase. Expansion of transactions processing is expected to continue at this rate and potentially increase through the addition of more Independent Sales Offices (ISOs) throughout the U.S.

      These numbers do not take into account additional revenue from 1st Global Financial, Corp.'s other wholly owned subsidiary, 1st Federal Advanced Funding, Inc., which provides small- and mid-sized businesses with a unique working capital program. These two subsidiaries are starting to see the benefits of cross marketing and introducing the value added benefits they provide to the merchants and 1st Global Financial Corp.'s other clients.

      "Our sales team has been working very hard to add quality partners to our portfolio and we are just beginning to see the benefits of their efforts," says T.A. "Gil" Gillis, President of 1st Global. "By sticking to our business plan, we are confident that 2007 will be a strong year to solidify and further position our business."

      The increase is due to the addition of a number of key ISOs since December 2006. Each new ISO has added 30 to 50 new merchants every month, each worth roughly $8,000 per month in processing transactions. 1st Federal Financial Corp. expects their business to continue increasing at this rate throughout 2007 as they seek to add new ISOs and strategic business partners to continually grow their business.

      This release includes "forward-looking statements" from the company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties.



      Contact:
      Contacts:
      1st Global Financial Corp.
      T.A. "Gil" Gillis
      Las Vegas, NV
      Phone: 866-418-1GFC (1432)
      Fax: 775-588-2499
      gil@1stgf.com
      http://www.1stglobalfinancial.com
      or
      For Investor Relations:
      Integrated Capital Partners, Inc.
      908-204-0004
      http://www.stockreportcard.com



      --------------------------------------------------------------------------------
      Source: 1st Global Financial Corp.
      Avatar
      schrieb am 10.04.07 06:52:12
      Beitrag Nr. 2 ()
      1st Global Financial Subsidiary Adds a New Independent Sales Office in Phoenix, Arizona

      LAS VEGAS, NV -- (MARKET WIRE) -- April 09, 2007 -- 1st Global Financial Corporation (PINKSHEETS: FGBF) (XETRA: ZUM) announced today that its wholly owned subsidiary, 1st Federal Financial, Inc., has signed Cash Solutions, LLC of Phoenix, Arizona, as its newest independent sales office (ISO). Cash Solutions has been an ISO for ten years and historically signs up to 60-70 new merchant accounts per month, each of which can potentially process $8,000 to $10,000 of card processing per month.

      Cash Solutions is 1st Federal's first ISO in Arizona and, based on its past performance, is expected to sign more than 50 new merchant clients each month moving forward. This increase in merchant clients is expected to add $400,000 per month in card processing, which is almost $5,000,000 in card processing annually. This is an important addition for 1st Global as its dramatic growth is directly attributable to adding ISOs, such as Cash Solutions. It is also the result of the dedication of 1st Federal's management and agents, all of whom constantly strive to grow the Company's business.

      This dedication is reflected in 1st Federal's recently reported February 2007 credit card processing transactions which were in excess of $2,550,00, a 26% increase over January 2007 levels. This tremendous increase is the result of management's commitment to add additional ISOs and agents' commitment to write more business. Because of this commitment, strong growth is expected to continue for the foreseeable future.

      "Adding Cash Solutions as an ISO is exciting on two levels," said T.A. "Gil" Gillis, President of 1st Global. "First, Cash Solutions will bring additional merchant clients on an ongoing basis. Second, the opening of a sales office in Phoenix broadens our market penetration, and puts 1st Global in an entirely new territory for us." Mr. Gillis continued, "These are exciting times as we follow our business plan to reach more new markets, and further expand 1st Global's operations in 2007."

      http://www.marketwire.com/mw/release_html_b1?release_id=2364…


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