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El Camino Transferencias Alliance with TransferOrbit Launched in Vallejo before an Audience of Thousands of Mexicans

Tue. August 26, 2008; Posted: 09:50 AM
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ST. LOUIS, Aug 26, 2008 (BUSINESS WIRE) -- TRBI | Quote | Chart | News | PowerRating -- TransferOrbit Corporation (OTC: TRBI | Quote | Chart | News | PowerRating) (www.transferorbit.biz) announced on Saturday that it has formed an alliance with El Camino Transferencias, Inc. This alliance provides El Camino with access to the gigantic event network of TU-DNRO Inc., with TransferOrbit as its exclusive money processor. Jorge Toro, President & CEO of TransferOrbit stated, "We are very excited about partnering with El Camino. They have built a solid reputation in the industry and strategically speaking, they add the right tools to the mix." The announcement was made at the Promociones Validivia event at Vallejo, California, before an audience of over 5,000 money transfer customers who participated in an innovative customer registration program and received a life-time commitment to $6 transfers. "We have a captive audience of customers that know better than to pay outrageous fees for transfers," Toro said. "Mexican money transfer customers are smart and recognize the value of our proposition: cheaper, efficient and reliable transfers with flexibility and technology at both ends of the channel." "On Saturday we initiated registration for thousands of customers, and this is just the beginning, there are millions were they came from," said Juan Navarrete, president of TU-DNRO, Inc.

As an alliance partner, El Camino brings to the table added 10,000 Destination Network coverage in Mexico, featuring the BANSEFI network. The BANSEFI (Banco del Ahorro Nacional y Servicios Financieros S.N.C.) network includes over 600 savings banks and over 1500 credit unions throughout Mexico. "Our partnership with TransferOrbit will bring us new customers in impressive numbers, along with the strength of a tremendous technology platform to capture and repeat a transaction," said Gerardo Bonilla, president of El Camino Transferencias, Inc.

El Camino Transferencias, Inc. (ECT), is a financial institution dedicated to provide payment solutions for individuals or businesses that require to send and/or receive funds to different countries. El Camino works with a wide and reliable network to deliver funds in other countries, and has developed the financial platform required to transfer funds between two different points or countries. For more information on El Camino Transferencias, Inc., please visit: http://www.lcamino.com

For more information on TU-DNRO, Inc., please visit http://www.tu-dnro.net. The TU-DNRO Membership program (http://www.transferorbit.biz/TU-DNROMembership.asp) provides deep discounts on money-transfer fees to Members attending participating agents and at event by Promociones Valdivia (www.promocionesvaldivia.com).

TransferOrbit, a Florida Corporation, is an electronic intermediary for money transfer providers. Banks and non-banks use the Company's scalable, turnkey system of proprietary software and secure network processing to facilitate the person-to-person transfer of money on a "private label basis" throughout Latin America. Providers piggyback on the Company's established network in the United States and 17,000 transfer agents in countries throughout Latin America.

SOURCE: TransferOrbit Corporation

Equiti-trend Advisors LLC Andy Arms, 800-953-3350 trbi-info@equititrend.com

For full details for TRBI click here.

    


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