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One World Ventures, Inc.: One World Ventures, Inc. Announces Final Negotiations With Mexican Partner for 1World Card

^{Published on 2009-09-25 06:41:48 - Market Wire}
 

LAS VEGAS, NV--(Marketwire - September 25, 2009) - One World Ventures, Inc. (PINKSHEETS: [ OWVI ]) 1World Card, a provider of prepaid debit card solutions, announced today that it is in final negotiations with a Mexican partner for the launch of its consumer card portfolio. The Partner is located in Mexico City with strong market penetration in the populous regions of Mexico City and bordering provinces. Under terms of the agreement, the company will provide 1World Card access to 54 locations across the United States to issue cards and facilitate remittances.

Nearly 37 million Hispanics reside in the United States. Hispanics are the fastest growing segment of the U.S. population. It is estimated that approximately 50% of Hispanics are unbanked and regularly send money home. In 2008, nearly $29 billion were sent from the U.S. to Mexico, Central & South America. Sending funds using traditional methods like Western Union and Moneygram typically results in charges equal to or over 10% of the amount sent. 1World Card will be 90% cheaper than current products in the market today and is expected to drive significant sales, profits and residual income for 1World Card.

"We are very pleased to expand our portfolio of prepaid products specifically designed for Hispanic Mexican communities," said Steve Prior, CEO One World Ventures, Inc. "Individuals of Mexican origin are the largest group of Hispanics living in the United States, and we see an increasing demand for products that are reasonably priced that resonate with this target group, while providing ultimate consumer convenience."

About One World Ventures, Inc.

One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.

The Company looks for simple inexpensive alternatives to traditional ways of doing business. The strategic goal in every business is in leveraging assets and opportunities globally, focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions and transactions.

Safe Harbor Statement:

This release contains forward-looking statements with respect to the results of operations and business of One World Ventures, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.