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1st Global Financial to Provide Phenom™ 3.0 Online Sales Credit/Debit/Check Processing
LAS VEGAS, NV—October 17, 2006 -- 1st GLOBAL FINANCIAL CORPORATION (OTC: FBGF) announced today that Seamless Wi-Fi, Inc. (OTC BB: SLWF) subsidiary, Seamless Peer 2 Peer, Inc. has contracted with 1st GLOBAL, subsidiary, 1st Federal Financial, Inc. to receive credit and debit card and check transactional processing services for secure on-line purchases of Seamless’ Phenom™ 3.0 Virtual Internet/Extranet encryption software product.
1st Global and its subsidiaries offer payment processing services such as credit and debit card acceptance, check guarantee, check verification, check conversion, Automated Clearing House (ACH) check processing, point of sales terminal sales and leasing, and working capital for merchants throughout the United States.
About 1st GLOBAL FINANCIAL CORPORATION
1st Global Financial Corporation has three operating subsidiaries: Debit Cash Card, LLC, (http://www.debitcashcard llc.com), Accepted Sales Advance Purchase Funding, LLC (A.S.A.P. Funding) (http://www.workingcapita lasap.com), and 1st Federal Financial, Inc. (http://www.1stfederalfin ancial.com). A.S.A.P. Funding provides cash advances to meet the working capital needs of small and medium-sized businesses. Debit Cash Card will begin marketing its proprietary brand stored-value debit card, The Best Cash Card™ (http://www.thebestcashca rd.com), in the near future. 1st Federal Financial is the sales and marketing arm of its sister companies. Information on 1st Global Financial can be accessed at http://www.1stglobalfinan cial.com. 1st GLOBAL Financial has received a major investment from Seamless Wi-Fi and both companies are working together on the development of improved services and products for the payment processing industry using Seamless’ proprietary technology and products.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as SLWF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
1st Global Financial Corporation
Arnold F. Sock, President
(866) 418-1GFC
(866-418-1432)
arnold@1stglobalfinancial .com
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