Arab Link provides a comprehensive range of currency exchange and
money transfer services for individuals and businesses. A formal
Remittance Product Agreement ("RPA") will be developed and executed over
the next 30 days. Mint and Arab Link will then begin to offer Money
Transfer services to Mint's payroll cardholder base in UAE for sending
money home.
Mint payroll cardholders will be able to access
money remittance services through Mint ATMs, Mint POS machines, mobile
remittance and directly through Arab Link. Beneficiaries of funds will
be able to receive funds as cash over-the-counter, credit to their bank
account and door-to-door delivery where available.
Nabil Bader,
Mint CEO, said today, "Mint recently announced a change of course in
respect to our money remittance delivery strategy. This is a very fast
moving business with new technologies and service providers entering the
space all the time. Mint is a very large customer for any of these
providers. Our partnership with Arab Link is a low risk, lower reward
strategy than the previously announced acquisition but one we are now
more comfortable with following completion of the Arab Link
negotiations. Mint and Arab Link have agreed a revenue share arrangement
on a per transaction basis."
Chris Hogg, Mint Executive
Chairman, said today, "Changing course is part of building a dynamic
business model in a very fast growing market. We have to be ready to
respond. We are delighted with the potential of this new relationship
with Arab Link which enables us to now complete our value added services
offering in addition to our existing mobile top up and micro finance
business units."
"The UAE remittance market continues to grow
and our partnership with Mint is aimed at capturing a sizable share of
this market, whilst simplifying the money transfer process, making it
more convenient, quicker and less costly for customers," said Rob
Groombridge, CEO of Arab Link.
Certain statements in this news
release constitute "forward-looking" statements. These statements relate
to future events or our future performance. All such statements involve
substantial known and unknown risks, uncertainties and other factors
which may cause the actual results to vary from those expressed or
implied by such forward-looking statements, including the risk that the
Company may not receive all necessary approvals to proceed with those
transactions. Forward-looking statements involve significant risks and
uncertainties, they should not be read as guarantees of future
performance or results, and they will not necessarily be accurate
indications of whether or not such results will be achieved. Actual
results could differ materially from those anticipated due to a number
of factors and risks.original handmade custom bobbleheads
Head dolls made to look like the photo you provide to us. Although the
forward-looking statements contained in this news release are based upon
what management of Mint believes are reasonable assumptions on the date
of this news release, Mint cannot assure investors that actual results
will be consistent with these forward-looking statements. The
forward-looking statements contained in this press release are made as
of the date hereof and Mint disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of
new information, future events or otherwise, except as required under
applicable securities regulations.
Yesterday,we sell dry cabinet
and different kind of laboratory equipment in us. Travis reported on
Baltimore Ravens safety Bernard Pollard’s prediction that in 30 years,
the National Football League will die because making necessary changes
to improve the safety of the game will produce a sport that no one wants
to watch. I think both that scenario and the one that Travis himself
lays out are not unrealistic. But it’s also worth remembering that the
NFL’s life or death won’t happen in a closed surgical theater. There are
people other than the players and owners,Info Store about make your own bobblehead
and Bobbleheads in general. and in college, the athletics programs and
fundraising departments, with a vested interest in keeping football
alive and immensely popular.
Significant among those interests?
Broadcast television and ESPN. In the week leading up to the Super Bowl,
the League is touting the performance of football on television. 55
percent of the television broadcasts since September 1, 2010, that
averaged at least 20 million viewers were of NFL football games, or 135
out of 247 broadcasts. The next-closest program? American Idol, with 39
broadcasts, followed by the London Olympics, with 18. The first scripted
program on the list is NCIS, with 11 broadcasts that hit 20 million.
There’s no wonder broadcast nets pay big for the games they air: Sunday
Night Football is part of what’s helped NBC rebound from fourth place to
first in the ratings.Custom laser marker systems for a wide variety of applications built by Control Micro Systems.
Some
of that’s an indication of the increasing weakness of broadcast
television, which has had a tremendously difficult time launching
scripted programming that finds an audience anywhere near that large,
and which has seen the numbers on big reality programs, like Idol and
Dancing With The Stars decline. But that weakness means the value of
football is two-fold. Football broadcasts prop up television’s
advertising revenue model. And they provide a potential launching
platform for new programming. That’s one of the reasons the Super Bowl
rotates from network to network every year: it’s such a critically
important platform for showcasing existing programming to one of the
largest audiences that assembles in front of the television anymore.
And
that’s just on broadcast: football’s even more important to both cable
networks and the cable business model. People who oppose cable bundling
frequently complain about the price of sports channels, but access to
lots and lots of football is one of the reasons sports make cable seem
like a good deal for the more than 100 million American households who
subscribe to it. The death of football through formal dismantlement or a
rising disinterest and distaste would make bundled cable television
seem less valuable.
Television, in other words, badly needs the
NFL to stay healthy. What that means the industry can,British designers
and Manufacturers of laser cutting and laser engraving machine.
and will, do remains an open question. But football and television’s
futures are deeply intertwined, and at a time when the content
television is creating for itself is having trouble finding an audience,
those ties are tighter than ever.
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