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Canada Business News and Press Releases
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(EMAILWIRE.COM, September 03, 2010 ) Montréal Québec - Thepennennytrade.com reports AppTech Corp. (Pink Sheets:APCX) www.apptechglobal.com announced today that it has acquired the assets of Legal Logistics to expand the operations of its finance subsidiary, CSI Business Finance, Inc. Legal Logistics was engaged in the business of financing litigation and the collections of judgments on behalf of their owners. As part of the all stock transaction, AppTech acquired $600,000 in judgments, the rights to the Legal Logistics name, and all plans and systems of Legal Logistics. Eric Ottens, CEO of AppTech, AppTech, commented, "CSI Business Finance has been a financier to micro cap companies for many years, and we have seen a dire need in the market for financing to help small companies collect debts, sue for damages and provide financing for law firms in pursuing legitimate substantial damages on behalf of their clients. We are proud to announce our expansion in this area and look forward to providing a much needed service in litigation financing for law firms and their small business clients."
About AppTech Global, Inc
AppTech Global, Inc. is a subsidiary of AppTech Corp. and is developing mobile application market places serving emerging countries throughout the world, including Latin America, Brazil, China, India, Japan and the USA. AppTech is focused on multi-platform mobile apps designed to run on device operating systems such as Apple iPhone, Google Android Nexus One, Research In Motion, Microsoft Mobile, Palm, Verizon Droid, the O-Phone in China, and others.
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Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
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