SCOTTSDALE, Ariz., Sept. 9, 2014 /PRNewswire/ -- Global Profit
Technologies, Inc., a publicly traded company (OTC Markets: GLPT),
announced today that after implementing necessary processes and
disclosures to meet various regulatory compliance requirements, the
company has successfully integrated its automated forex trading
software 4X-DAT™ with one of the world's premier forex online
brokers, thereby expanding its list of broker options for its
growing number of software clients.
Global Profit Technologies, Inc. released 4X-DAT™, a proprietary
fully automated forex trading platform, to the general public in
December of 2013. While the company has gained most of its
clientele in the U.S., there has been increasing interest in the
Company's automated forex trading solution from traders outside of
the U.S., particularly in several fast growing forex markets not
supported by the Company's previous service provider
arrangements.
"Completing this process represents a monumental step forward
for us, allowing us to provide our clients an opportunity to
utilize brokerage services of one of the most respected retail
forex brokers in the industry. The Agreement gives us the
ability to expand our business into a number of international
markets, which up until now were not served by our existing partner
broker," says Joseph Nemeth, GLPT's
CEO and Chief Software Architect. "the ability to offer a high
quality brokerage option with impeccable service is exactly what
our clients demand and expect," adds Nemeth.
The management of Global Profit Technologies, Inc. believes that
this new brokerage option for 4X-DAT™ users will open doors to new
markets in countries where interest in Forex trading is growing
rapidly, and will allow the Company to better serve its existing
clients by offering more choices. Mr. Nemeth further points
out, "The ability to integrate our software with a brokerage
trading platform that is widely used internationally, will give our
clients more choices for FX brokerage services, which we believe
will help us accelerate our domestic and international growth."
For investment information regarding Global Profit Technologies,
Inc. please visit http://www.otcmarkets.com/stock/GLPT or
www.4x-dat.com.
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute
"forward-looking statements". Actual results may differ materially
from those projected in forward-looking statements. Such statements
involve a number of risks and uncertainties such as competitive
factors, technological development, market demand and the Company's
ability to obtain new contracts and accurately estimate revenues,
if any, due to variability in size, scope and duration of projects,
and internal issues in the sponsoring client. Further information
on potential factors that could affect the Company's financial
results, can be found in the Company's various filings with the
Securities and Exchange Commission (SEC)
SOURCE Global Profit Technologies, Inc.