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Press Release Source: UC Hub Group Inc.
UCHUB and Voter Communications Mutually Terminate Merger
Monday, July 21, 2008, 9:00 am ET
LOS ANGELES, July 21. 2008 (PRIME NEWSWIRE).- UC Hub Group, Inc.
(OTC BB:UCHB.OB- News),
a digital financial services provider, announced today that it has mutually terminated Its previously announced letter of intent to merge with privately held Voter Communications Inc. of Chicago, Illinois.
About UC Hub Group. Inc.
UC Hub Group, Inc. operates as a software development and distribution company in the United States. It provides municipal government software, OurTown2, which interfaces customers or citizens with municipal government management software. The company offers various software services, including VolP. Wi-Fi, payroll, and electronic payments. UC Hub Group was founded in 1999 and is based in Las Vegas, Nevada,
For more information, please visit
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect, 'anticipate," "estimate," 'project: "forecast: "outlook: "target: "objective," "plan: "goal: "pursue," ·on track,' and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934. These forward-looking statements are subject to known and unknown risks, uncertainties and other factor:~ that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services. significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 1Q-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
Contact: UC Hub Group, Inc.
Larry Wilcox
(800) 278 8870
www.eluxfinancial.com
www.uchub.net
www.poderonline.com
Source: UC Hub Group Inc.
July 18, 2008
UC HUB and Voter Communications Mutually Terminate Merger"
UC Hub Signs to Merge with Political Consulting Acquisition Firm
Tuesday March 11, 9:00 am ET
-- UC Hub Group, Inc. (OTC BB:UCHB.OB - News), a digital financial services provider, announced today that it has signed a letter of intent to merge with privately held Voter Communications Inc., known as VoteComm (http://www.VoteComm.com) and based in Chicago.
Consideration would consist solely of shares of UC Hub Group and result in a newly organized and renamed company in which VoteComm shareholders would own the majority of the shares. The deal is subject to a definitive purchase agreement, certain balance sheet requirements of both parties, and any approvals required by each company's board, shareholders and the SEC.
UC Hub Group CEO Larry Wilcox stated, ``We are excited to be entering the political consulting industry which we believe offers our shareholders the opportunity to benefit from a marketplace that has historically shown strong growth even through recessionary times. The acquisition plans of VoteComm would create a platform for greatly increasing value for all shareholders. I look forward to offering our digital distribution tools while working together to realize this niche opportunity.''
About UC Hub Group, Inc.
UC Hub Group Inc is presently focusing on its wholly owned subsidiary, eLuxe Financial. eLuxe Financial provides patented financial mobile solutions that enable individuals across the globe to buy, sell and trade anywhere, anytime. eLuxe's services include mobile banking, PDA applications, Web based solutions, Kiosks, VOIP, patented benefits, patented loyalty, and stored value and pre paid card solutions.
For more information, please visit http://www.uchub.net or http://www.eluxefinancial.com
UC Hub Group Signs Binding Letter of Intent to Form Joint Venture Virtual Banking Company
Tuesday March 11, 10:37 am ET
LOS ANGELES, March 11, 2008 (PRIME NEWSWIRE) -- UC Hub Group, Inc. (OTC BB:UCHB.OB - News) today announced it has signed a binding Letter of Intent to form a Joint Venture with FI-PME Bank in Cameroon, Africa.
According to the Letter, FI-PME Bank and UC Hub, through UCHB's wholly owned subsidiary, eLuxe Financial, will form a new virtual banking company called eLuxe Cameroon. This company will market the eLuxe Virtual Banking products to FI-PME customers and to residents throughout Cameroon.
FI-PME, which has 13 branches in that nation, will have the option to invest up to $5 million in eLuxe Cameroon.
A final Agreement governing the Joint Venture is expected to be signed by the end of March.
UC Hub Group expects that this Agreement would yield revenue to UCHB of $1 to $3 per customer per month. Assuming only a 1 percent market penetration of Cameroon's 18 million inhabitants, the Agreement would produce UCHB revenue of approximately $2.2 to $5.5 million annually.
eLuxe's stored value VISA card program is a virtual banking system that enables individuals to buy, sell and trade at any time. The program was launched in January in the West African nation of Burkina Faso.
eLuxe Financial, a wholly owned subsidiary of UC Hub Group, Inc., provides patented financial mobile solutions that enable individuals across the globe to buy, sell and trade anywhere, anytime. eLuxe's service tools include the cell phone, PDA, Web, Kiosk, VOIP and stored value and pre paid card solutions. For more information, please visit http://www.eluxefinancial.com.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words ``expect,'' ``anticipate,'' ``estimate,'' ``project,'' ``forecast,'' ``outlook,'' ``target,'' ``objective,'' ``plan,'' ``goal,'' ``pursue,'' ``on track,'' and similar expressions, are ``forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the ``Management's Discussion and Analysis'' section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
Contact:UC Hub Group, Inc.
Larry Wilcox, President and CEO
(800) 278-8870
www.eluxefinancial.com
www.uchub.net
Eisenberg Communications
Rick Eisenberg
(212) 496-6828
UC Hub Signs to Merge with Political Consulting Acquisition Firm
Tuesday March 11, 9:00 am ET
-- UC Hub Group, Inc. (OTC BB:UCHB.OB - News), a digital financial services provider, announced today that it has signed a letter of intent to merge with privately held Voter Communications Inc., known as VoteComm (http://www.VoteComm.com) and based in Chicago.
Consideration would consist solely of shares of UC Hub Group and result in a newly organized and renamed company in which VoteComm shareholders would own the majority of the shares. The deal is subject to a definitive purchase agreement, certain balance sheet requirements of both parties, and any approvals required by each company's board, shareholders and the SEC.
UC Hub Group CEO Larry Wilcox stated, ``We are excited to be entering the political consulting industry which we believe offers our shareholders the opportunity to benefit from a marketplace that has historically shown strong growth even through recessionary times. The acquisition plans of VoteComm would create a platform for greatly increasing value for all shareholders. I look forward to offering our digital distribution tools while working together to realize this niche opportunity.''
About UC Hub Group, Inc.
UC Hub Group Inc is presently focusing on its wholly owned subsidiary, eLuxe Financial. eLuxe Financial provides patented financial mobile solutions that enable individuals across the globe to buy, sell and trade anywhere, anytime. eLuxe's services include mobile banking, PDA applications, Web based solutions, Kiosks, VOIP, patented benefits, patented loyalty, and stored value and pre paid card solutions.
For more information, please visit http://www.uchub.net or http://www.eluxefinancial.com
"UC HUB signs Letter of Intent to Acquire Financial Transaction Software Engine and Classified Site, with Combined Revenue of More Than $600,000"
Los Angeles, CA--(BUSINESS WIRE)-February 25, 2008
- UC Hub Group, Inc. UCHB.OB),
a digital financial services provider, announced today that it has signed a Letter of Intent to acquire a bundle of financial transaction applications, that currently generates in excess of $600,000 annually.
UC Hub Group CEO Larry Wilcox, stated, "This software will compliment the international strategic direction of our companies, increasing the value to our existing customer base, notwithstanding the importance it brings in producing immediate revenue". The applications come with an existing customer base, currently producing over $50,000 a month in revenue.
The applications include an Online Payment Gateway, allowing users to send and receive money to and from anyone with an e-mail address. This facet of the technology is similar to PayPal, in that users can send and receive funds from within the system, or via their bank account or credit card.
The technology also includes a Classified Site (similar to craigslist.org), complimenting the Payment Gateway, as users can post, sell, and purchase items via the Classified Site, while utilizing the Payment Gateway to process the funds from the transactions. As part of the purchase, UC Hub will also inherit more than 500,000 customers.
About UC Hub, Inc.
UC Hub Group, Inc. operates as a software development and distribution company in the United States. It provides municipal government software, OurTown2, which interfaces customer or citizen with municipal government management software. The company offers various software services, including VoIP, Wi-Fi, payroll, and electronic payments. UC Hub Group was founded in 1999 and is based in Las Vegas, Nevada
For more information, please visit www.uchub.net
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
Contact:
Contact
UC Hub Group, Inc. (OTC BB:UCHB.OB)
(800) 278 8870
www.eluxefinancial.com
www.uchub.net
www.poderonline.com
Source: UC Hub, Inc.
February 20, 2008
LOS ANGELES,(PRIME NEWSWIRE) -- (OTC BB:UCHB.OB - News)
UC Hub Group, Inc. and its wholly owned subsidiary eSAFE, Inc. (d/b/a eLuxe Financial, ``eLuxe'') announced today that they have acquired assets of Unlimited Diversity, Inc
. which includes the Patent issued by the U.S. Patent and Trademark Office, for ancillary services tied to a debit card and dual card remittances, the trademark registered as PODERTM, the videos, the media commercials, brochures, websites dully approved in English, Spanish and Portuguese, and the contracts with Banks, Processors, and Ancillary Services Providers, for an undisclosed amount of money and stock. PODERTM represents that they had expended over $800,000 to build this patent and Latin-based company. These assets and other such patents or licenses will then be utilized for the eLuxe international strategic partners.For more information please refer to our websites (www.uchub.net) and www.eluxefinancial.com.
Safe Harbor Statement:
Under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the UC HUB's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the UC Hub's filings with the Securities and Exchange Commission.
Contact
UC Hub Group, Inc.
( UCHB.OB)
(800) 278 8870
EluxeFinancial.com
February 08, 2008
Los Angeles, CA (UCHB.OB)
January 22, 2008
Los Angeles, CA (UCHB.OB)
UC HUB (UCHB.OB) and eSAFE Kickoff AFRICARDSTM
Prepaid Visa "Classic" Card Program in West Africa
UC Hub Group, Inc and its wholly owned subsidiary eSAFE, Inc., (d/b/a eLuxe Financial, "eLuxe") announced today that it officially kicked off its AFRICARDSTM Prepaid Visa "Classic" Card program in West Africa, at a Gala held in Ouagadougou, Burkina Faso. Over 500 invited guests were in attendance, including the Prime Minister of Burkina Faso Tertius Zongo, other government dignitaries, entertainers, celebrities and representatives of BIB Bank, a Visa-issuing bank. Just 2.5% of this African market would translate to more than $100 Million in revenue.
The Gala was broadcast live by three major television stations throughout the West African Economic and Monetary Union (or UEMOA from its name in French, Union économique et monétaire ouest-africaine), where CEO Larry Wilcox and staff helped unveil the new AFRICARDSTM television, radio and print/billboard advertising. The first official AFRICARDSTM transaction was made by the Prime Minister who received confirmation of his transaction seconds later when his cell phone chimed with an SMS text confirming the transaction. UC Hub also demonstrated this feature at a press conference held later that day at the "Hotel Independance".
The kickoff was a great success and culminates two years of diligent work by many including, employees David Dearman and Serge Doh. Funding by the investors on this program was brought to UC Hub by the CEO as part of the emerging market strategy. "We intend to use the business model that has been created in Burkina Faso as the cornerstone of our African virtual banking business," states Wilcox.
Burkina Faso is one of eight French speaking countries that make up the UEMOA. In total, these countries have a population of 85 million people, of whom are mostly underbanked.
"Many people in West Africa have never had an alternative to cash. Now, the AFRICARDSTM Prepaid Visa Card gives consumers and employers a modern, safe and convenient way to pay," said Mohamed Elbelamachi, Visa's Relationship Manager for West & Central Africa. Mr. Elbelamachi went on to say, that "we believe electronic payment may also bring benefits to the banking system and to the economy as a whole." A report by Global Insight1 showed that card payments are more efficient than cash; card payments have an audit trail and so can help reduce corruption and increase tax revenues; and that more money in the banking system means more money available for commercial loans which are the lifeblood of a growing economy.
UC HUB conservative estimates state they would sell at least 100,000 cards in its first year, generating revenue of 3 to 5 million in local currency for the bank. The Company also notes that this revenue is only from card sales and does not include revenue from its mobile banking and the other patented IP, which are on track to be released in Africa in the coming year.
The UC HUB is now in discussions with banks in other African and European Countries and is well on its way to becoming a global player in this financial services sector. "The AFRICARDSTM program is a major global accomplishment for eLuxe, and the first of its kind in West Africa. As the barrier to entry for the African markets is time and resource intensive, I believe we are well on our way to becoming the dominant player in West Africa and emerging markets of the world..
For more information please refer to our websites (www.uchub.net) and www.eluxefinancial.com
Safe Harbor Statement:
Under the Private securities Litigation Reform Act of 1995:
The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the UC HUB's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the UC Hub's filings with the Securities and Exchange Commission.
Contact
UC Hub Group, Inc. (OTC BB:UCHB.OB)
(800) 278 8870
www.eluxefinancial.com
www.uchub.net
December 10, 2007
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