Tuesday, 28 August 2007

Veenstra and Galanis in 2001

in 2001 veenstra and a company i was an officer of were in a business relationship to commercialize the Zland technology and the strategic relationship with telecommunications provider, Sprint.
Veenstra and i beleived thagt Sprint had access to millions of small businesses and that millins of small businesses could use various services that Zland and EGX could provide.
Zland had developed what we believed to be excellent software for small businesses, including its geographic search product.
we intitiated a commerical relationship to attempt to leverage the existing base of Sprint small business customers.

here is a 2001 filing with the SEC describing part of what Veenstra and i were attempting.


http://sec.edgar-online.com/2002/07/16/0001019687-02-001348/Section2.asp


MERCHANT & SMALL BUSINESS-PARTNERSHIPS




Regardless of the health of the economy, retailers are always looking
to bolster revenue. Products and services which have a re-occurring customer
base are believed by management of the Company especially sought after. The EGX
suite of products has a re-occurring consumer pattern that can be tracked and
measured and assists retailers in increasing overall cash flow.



In conjunction with Zland (www.zland.com), EGX has an opportunity to
deploy terminals, as well as offer services to the 9,000,000 small business
customers it shares jointly with its strategic partner, Sprint. Zland helps
proprietors take advantage of the Internet, CRM software and new marketing
initiatives needed to help grow their business. Together, EGX and Zland
anticipate providing a number of revenue enhancing services to this growing
business-to-business segment.




ASP HOSTING




An additional target market for the Company is to offer its technology and
processing techniques to other companies. The Company has researched the market
and has identified the following as viable markets to offer private label, or
co-branded products and services.



Money Transfer: Companies who have outgrown their current infrastructure. There
are 322 licensed money transmitters in the US (not including Western Union or
MoneyGram). The majority utilizes a fax-based transaction-processing platform
that is not scalable and is susceptible to system failures.

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