Post by Franko10 ™ on Sept 20, 2004 9:38:41 GMT -5
North Star Diamonds Inc. signs accord with Wells Fargo
- PR Newswire
BELLINGHAM, WA, Jul 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM), announces the engagement of Wells Fargo as the merchant to provide online banking and credit card facilities. North Star is now able to provide consumers with a safe and totally secure payment system for the sale of their premium diamonds over the internet.
Wells Fargo is North America's No. 1 Corporate Institutional Internet Bank and is rated "Aaa" by Moody's, the only bank in the U.S. with this top rating. Today Wells Fargo (www.wellsfargo.com) is recognized as the nation's premier Internet bank with over 40,000 Internet business customers. According to Forbes, Wells Fargo is the 12th largest U.S. corporation, as determined by a composite ranking of revenue, profit, assets, and market value. The bank has a long and successful 25-year history in the credit card payments business, and since 1995, has been very active in the Internet payments business.
Alec Peck - Vice President Corporate Development comments "North Star chose Wells Fargo based on their position as a leader in secure online payment processing. They provide the depth of data that is used to approve, reject or otherwise manage each transaction and thus drive down the risk, cost and complexity of accepting online payments. This choice of merchant is an important part of our business plan to offer North Star Preferred Diamonds by the internet, with a safe and secure payment system for both customers and ourselves."
Walter Stunder: "It is important to understand that we are comfortably funded, and no additional capital is necessary for our Internet Diamond Marketing Program. We are very pleased about engaging Wells Fargo as our merchant for our online marketing activities. We are dedicated to providing the very best premium diamonds, service and utmost security to our Internet consumers. The commencement of our retailing activities is testament to our goal of maximizing share valuations for our loyal investors through high cash flow and strong profitability. North Star's future looks extremely bright."
For further information on NSDM, visit www.northstardiamonds.net
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
CONTACT: Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
Walter Stunder, President
SOURCE North Star Diamonds Inc.
Toll Free: 1 (877) 454-7872, or Email:
contact@northstardiamonds.net, Walter Stunder, President
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved.
- PR Newswire
BELLINGHAM, WA, Jul 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM), announces the engagement of Wells Fargo as the merchant to provide online banking and credit card facilities. North Star is now able to provide consumers with a safe and totally secure payment system for the sale of their premium diamonds over the internet.
Wells Fargo is North America's No. 1 Corporate Institutional Internet Bank and is rated "Aaa" by Moody's, the only bank in the U.S. with this top rating. Today Wells Fargo (www.wellsfargo.com) is recognized as the nation's premier Internet bank with over 40,000 Internet business customers. According to Forbes, Wells Fargo is the 12th largest U.S. corporation, as determined by a composite ranking of revenue, profit, assets, and market value. The bank has a long and successful 25-year history in the credit card payments business, and since 1995, has been very active in the Internet payments business.
Alec Peck - Vice President Corporate Development comments "North Star chose Wells Fargo based on their position as a leader in secure online payment processing. They provide the depth of data that is used to approve, reject or otherwise manage each transaction and thus drive down the risk, cost and complexity of accepting online payments. This choice of merchant is an important part of our business plan to offer North Star Preferred Diamonds by the internet, with a safe and secure payment system for both customers and ourselves."
Walter Stunder: "It is important to understand that we are comfortably funded, and no additional capital is necessary for our Internet Diamond Marketing Program. We are very pleased about engaging Wells Fargo as our merchant for our online marketing activities. We are dedicated to providing the very best premium diamonds, service and utmost security to our Internet consumers. The commencement of our retailing activities is testament to our goal of maximizing share valuations for our loyal investors through high cash flow and strong profitability. North Star's future looks extremely bright."
For further information on NSDM, visit www.northstardiamonds.net
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
CONTACT: Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
Walter Stunder, President
SOURCE North Star Diamonds Inc.
Toll Free: 1 (877) 454-7872, or Email:
contact@northstardiamonds.net, Walter Stunder, President
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved.