(Dallas, TX. – October 25, 2011) StockGuru Shines its Spotlight on Anoteros, Inc. (OTCBB: ANOS) through its wholly-owned subsidiary Antero Payment Solutions, Inc. The Company announced yesterday the execution of a Private Label Agreement with Consolidated Fleet Management Corp. to provide person-to-person payment technology for their riteByMe.com division. The Company closed on October 24, 2011, at $0.44, trading in a fifty-two week range of $5.25 – 0.05.
The agreement gives riteByMe.com opportunity to significantly simplify the lives of its unbanked customers, allowing customers the freedom to be self-banked by utilizing the riteByMe.com person-to-person payment technology.
Michael J. Sinnwell, Jr., President and CEO notes that, “Antero in concert with riteByMe.com, customers won’t need to set up a third-party account or use credit cards or bank debit cards to make a payment to riteByMe.com Merchants. It’s a solution to bring clients and merchants back to the customary handshake.”
“We are happy to be partnering with Antero. We believe that their product will add value for our customers and gives us the ability to further penetrate the person-to-person payment market place,” said Phil Dorsinvil, CEO of riteByMe.
ABOUT RITEBYME.COM
riteByMe.com is a Long Island, New York based company consisting primarily of riteByMe.com and several other supporting sites. As a result of creating a virtual community that seamlessly interacts with its physical counterpart, riteByMe provides members with a fully automated option to explore the community they live, work, and play in. This approach makes riteByMe the first true online experience, designed to help residents make the most of their geographic community by knowing what’s expected of them, and what they can expect from others doing the same. riteByMe.com offers innovative solutions to community problems by: Minimizing miscommunication between community roles; consumers, businesses, organizations, etc. Establishing a financial platform in the community enhancing its member’s ability to manage spending or to aid the transfer or obtainment of money. Consistently creating positive experiences when seeking Food, Services, Jobs, and Entertainment within the community. Redirecting member attention towards community resources using interactive web tools and a number of local alliances
ABOUT ANTERO
Publicly-traded Anoteros, Inc. (OTCBB: ANOS) has a wholly-owned subsidiary – Antero Payment Solutions, Inc. (Antero) – With the currently offered suite of products such as P2P, Virtual Card programs and Mobile Wallets, Antero will create multiple points of interchange; fee based and “on us” types (Antero internal transactions, usually at a reduced fee compared with institutional transaction). This array of products not only provides consumers with an innovative new secure shopping experience, but also brings a new standard in authorization and settlement which may significantly lower the cost of transactions for merchants. With the benefit of lower fees and fewer chargebacks, we can offer alternative payment platforms as a valuable add-on feature for any retail or e-commerce merchant. Our technology allows customers to manage transactions through their favourite retailer, self-service stations or their mobile device.
Antero has a strong commitment to working closely with multiple marketing partners and financial institutions on the development of mutually beneficial pricing models. The goal is to support strong and aggressive growth and acceptance in the marketplace; a strategy that enhances the success of both partners with profitable market development and execution. Antero and affiliated companies are working closely with partners to understand their business needs and co-develop next generation financial transaction systems and services that allow the company and its affiliates to be an industry leader. Our existing joint ventures and strong partner alliances emphasize leading-edge technologies to service the “cashless society” and alternative payment solutions in tomorrow’s economy.
“Safe Harbor Statement” Under the Private Securities Litigation Reform Act of 1995: Certain statements in this news release are “forward-looking statements” within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements are based on our current expectations and beliefs and are subject to a number of risk factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks are to be included in filings with the Securities and Exchange Commission, all of which are to be available at www.sec.gov. We disclaim any intention or obligation to revise any forward-looking statements, including, without limitation, financial estimates, whether as a result of new information, future events or otherwise.
To view this StockGuru Spotlight, please visit: http://stockguru.com/category/latest-spotlights/
To get free alerts on this and other similar stocks, please register here:
What is the StockGuru Spotlight?
Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.
StockGuru looks for potential break-out candidates in The StockGuru Spotlight. Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage. There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below. StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.
To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected]. If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile. Please contact the StockGuru Publisher John Pentony at this email address: [email protected].
Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E 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 on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage. When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present. Additionally SG also discloses any anticipated compensation in the future. Compensation is typically in cash. Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
John Pentony, Publisher, Stockguru.com
Tel: +1 469 252 3031
e-mail: [email protected]