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Preventia, Inc. Launches Operational Unit to Create Dematerialized Financial Products

Date : 07/10/2012 @ 9:30AM
Source : Business Wire
Stock : Preventia, Inc. (PL) (PVTA)
Quote : 0.13  0.0 (0.00%) @ 4:28PM
Preventia, Inc. (PL) share price Chart

Preventia, Inc. Launches Operational Unit to Create Dematerialized Financial Products

Preventia, Inc. (PL) (USOTC:PVTA)
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Preventia, Inc. (OTCBB:PVTA) has launched an operational unit subsidiary, Preventia Group Corporation, to create and distribute financial products. Preventia expects to immediately develop and market financial products for dematerialization reaching out to firms positioned to run their own electronic trading operations. By licensing the patented System, and/or facilitating its use by others, Preventia’s Canadian subsidiary will monitor the System and its users to assure its related intellectual property and System IP is properly and adequately protected and otherwise enforced.

Preventia’s CEO, Robert Stevens states, “We are excited with the opening of our new operational subsidiary and the financial products planned. The real time transactions through the patented electronic trading System and clearing of each individual designed financial instrument will be vigorously protected by our U.S. patent 8,165.952, under which we hold all rights exclusively. The necessity of patent protection must be vigorously maintained throughout the lifetime of each of the created instruments, and the jurisdictions that trade them, whether in secondary or primary form. I believe the corresponding licensing and recurring revenues from our approach will reflect in the dramatic growth of Preventia.”

About Preventia, Inc.

Preventia, Inc., a company incorporated pursuant to the laws of the State of Nevada is headquartered in Toronto, Ontario, Canada. The Company works with corporate clients through its subsidiary, Preventia Group Corp. to develop, market and distribute financial products for dematerialization and electronic trading and operates a patented electronic trading platform with respect to the foregoing. To learn more, visit www.preventiatrading.com or email Preventia at info@preventiatrading.com.

Safe Harbor Statement

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.



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