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FNDS3000 Corp Announces Addition of Ernst Schoenbaechler to Board of Directors

2008-07-17 05:00:00

    PONTE VEDRA BEACH, Fla., July 17 /EMWNews/ -- FNDS3000

Corp. (OTC Bulletin Board: FDTC) (Frankfurt: "FT4," A0MWLG) is announcing a

shareholder update. FNDS3000 Corp has added Ernst Schoenbaechler to its

Board of Directors.



    Ernst Schoenbaechler has over 38 years of experience in the banking

industry. As a senior manager he was responsible for capital market

business, securities, foreign exchange and money markets where he

positioned Bankers Trust AG, Zurich, in the Swiss Capital Markets. In 1985

he founded his own finance company in Pfaeffikon, Switzerland, with

subsidiaries in Canada and Luxemburg and became a pioneer in the then

booming primary capital markets focused on trading for Asian borrowers.

Later, his company concentrated more on venture capital deals and private

placements. Since 2004, he has been an independent financial consultant

working with various public companies. Mr. Schoenbaechler has also held

(management) positions at Credit Suisse, Clariden Bank, UBS, Citibank and

Manufacturers Hanover Trust.



    David Fann, President of FNDS3000 stated, "We are pleased to announce

that Mr. Schoenbaechler has joined our Board of Directors. As a consultant

to the company, Mr. Schoenbaechler has been instrumental in the business

development and growth of FNDS3000. His background in the banking industry

will assist us in identifying additional business strategies on a global

basis. We welcome his experience and assistance as we continue executing on

our business strategies."



    About FNDS3000 Corp



    FNDS3000 Corp is a financial services company providing prepaid card

and merchant processing solutions. We provide prepaid cards to a market

with over 1 Billion individuals worldwide who do not have bank accounts,

estimated at over $100 Billion in annual revenue. Our products allow

employers to replace payroll checks for all workers. In addition, employers

can use our products in lieu of cash to pay employees -- this may be

greater than 50% of the worldwide working population. Domestic and

international sharing of money, similar to Western Union(TM), is a key

feature of our solution. This market is estimated to be over $100 Billion

annually. Many of our products carry worldwide brand marks and can be used

anywhere in the world that accepts those brands. Other services include

gift cards, bill pay, prepaid cellular and other prepaid products.



    Our merchant processing solutions provide comprehensive credit, debit,

and check card payment programs. We are dedicated to the service and

profitability of our merchants. The combination of card issuing and

merchant processing enables FNDS3000 to provide turnkey financial

transaction solutions to virtually any market worldwide.



    Matters discussed in this press release contain forward looking

statements as defined under the Private Securities Litigation Reform Act of

1995. Investors are cautioned that such forward looking statements involve

risk and uncertainties, which could significantly impact the actual

results, performance or achievements of the Company. Such risks and

uncertainties include, but are limited to, the time frame for production of

revenue, product development and commercial introduction, the impact of

rapid price and technological change and competition, manufacturing and

supply uncertainties and other risks as may be detailed from time to time

in the Company's periodic reports filed with the Securities & Exchange

Commission.





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Jordan Taylor

Jordan Taylor is Sr. Editor & writer from San Diego, CA. With over 20 years and 2650+ articles edited rest assured your Press Release will see traction.

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