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ATCT's 7123000.com Adds Financial Services from Cash Now Corporation.


HOUSTON -- Affordable Telecommunications Technology Corp. (Pink Sheets:ATCT ATCT Airport Traffic Control Tower (FAA)
ATCT Air Traffic Control Tower
ATCT Air Traffic Control Transponder
ATCT Analog Toll Connecting Trunk
) (www.atct.us) announced today that its Asian distribution web portal See portal. , 7123000.com is entering into an exclusive agreement with Cash Now PTY LTD (Pink Sheets:CHNW) for Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland.  and the Pacific Islands (Oceania).

To increase Cash Now's market penetration in Australia, New Zealand, and the Pacific Islands, 7123000 has also agreed to provide Alternative Merchant Facilities operating over 7123000's VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. . This is a key facility for increasing merchant transactions among smaller retail outlets.

Cash Now as part of publicly traded The Cash Now Corporation (CHNW) will offer, by the end of this fiscal year, 25 strategic retail financial centers in the South Pacific and over 250 centers in Canada and the USA, to sell and market services. These services include utilities provisioning, prepaid telephone lines, international cards, and immediate financial transaction services for purchasing alternative merchant services over VPN.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995, and 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. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 31, 2005
Words:225
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