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One World Ventures Signs Letter of Intent to Process Prepaid Cards With eCommLink

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  Published in House and Home on Tuesday, January 5th 2010 at 6:50 GMT by Market Wire
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LAS VEGAS, NV--(Marketwire - January 5, 2010) - One World Ventures, Inc. (PINKSHEETS: [ OWVI ]), provider of the 1World Card prepaid debit card, announced today that it has signed a Letter of Intent and submitted a deposit to eCommLink, Inc., a leading value added prepaid processor, to develop and deploy corporate prepaid solutions and remittance programs. This working relationship combines eCommLink's secure, flexible and reliable prepaid processing platform with the market strengths and multi-cultural footprint of the 1World Card.

The 1World Card will allow consumers without bank accounts to avoid the high costs of check cashing and money order fees by using a reloadable prepaid debit card complete with direct deposit, bill pay and money transfer services. The 1World Card will be marketed directly to employers as a payroll card, which they in turn offer to their employees.

Payroll cards are the fastest growing segment of the prepaid debit industry because these cards offer significant benefits for every party involved, including the employee who enjoys instant access to funds, the employer who cuts disbursement costs and the banks who are able to retain funds within their institution longer. In addition to being a full featured prepaid debit card, the 1World Card will interface with international partners to provide low cost remittance for cardholders.

"We are excited to be working with eCommLink, one of the premier processors of prepaid solutions. Our business model is to provide a wide range of much needed financial products that improve the quality of life for our cardholders. We believe the adaptive nature of the eCommLink platform will allow us to not only meet the needs of the market today, but to grow with it for years to come," stated Steve Prior, CEO, One World Ventures Inc.

About eCommLink, Inc.

eCommLink, Inc. ([ www.ecommlink.com ]) enables program managers and financial institutions to maximize revenue from their prepaid debit programs. The Company's flexible prepaid processing platform, innovative features and industry experience allows clients to create customized prepaid programs for their specific markets while ensuring quality, security and time to market. eCommLink supports the full array of prepaid debit programs, including general spend, payroll, teen, gift, travel, government and loyalty cards.

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.

Safe Harbor Statement:

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.