JORDAN INTERNATIONAL STOCK EXCHANGE TO BE DEVELOPED BY ARGENT ASSET MANAGEMENT AND GLOBAL FRANTECH GROUP
Global FranTech Group / Argent Assets Management Inc. Join Forces and Sign Joint Venture Agreement to develop the Jordan International Stock Exchange
(EMAILWIRE.COM, June 04, 2008 ) Global FranTech Group / Argent Assets Management Inc. Join Forces and Sign Joint Venture Agreement to develop the Jordan International Stock Exchange
Argent Asset Management Inc./
forming the Global Internet Jordan International Stock Exchange (JISE) Signs Worldwide Exclusive Joint Venture Agreement With Global FranTech Group To Develop and Market Jordan International Stock Exchange
Licenses of Online Stock E-Trading in 220 Countries.
AMMAN, Jordan - June 4, 2008 - Argent concept to be developed, the Global Internet Jordan International Stock Brokerage Exchange. (JISE) to be formed on-line by Argent Asset Management Inc. which has signed a
exclusive Joint Venture agreement with Global FranTech Group and FranTech International Licensing (FranTech), of Ventura, California, FranTech USA, FranTech Italy, FranTech Greece, FranTech Dubai, FranTech Egypt, FranTech Turkey, FranTech Asia, which grants Global FranTech Group of worldwide companies the exclusive right to market (JISE's)
Jordan International Stock Exchange and brokerage "E-Trade" services with Jordan B/D Member licenses through FranTech's network of 600 agents in 220 countries to Governments to "buy/sell" securities around the world.
The Argent company explained that the JISE concept of the Jordan International Stock Exchange and Brokerage services concept will be a Multilateral trading facility which are uniquely suited to meet the "Global E-Trading" needs of most Middle East countries from Amman, Jordan. The online E-trading system allows for quick and secure insured executions of customer E-trades, in a simple, safe, easy to use and understanding format.Worlds first Stock Exchange that insures original Islamic investments against loss.
Mohamad Turk, CFO of Argent Asset Management Inc. to form JISE, said, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing licensing agreements. With more than 35 years of experience, FranTech knows international securities and trade policy for Futures, Forex, Insurance law, Islamic Banking, marketing, investment banking, and technology research. Its broad
expertise, coupled with access to key Governmental decision makers, provides services uniquely valuable to JISE development and licensing in the Middle East."
The company explained that FranTech's mission is to foster the
development of the global economy by providing a global perspective to developers, marketers, manufacturers and innovators on newly emerging and preemptive technologies. It offers world-class solutions for the licensing and transfer of USA and Worldwide innovations to emerging economies such as Jordan.
Philip Nadeau, CEO of FranTech, said, "We see a tremendous market worldwide for investors with 18-24 hours of a E-trading services and already have interest from several countries. We plan on developing brand name recognition and positioning of JISE with many Governmental agencies where we already have relationships in place."
About Argents new Global Internet Jordan International Stock
Internatiional Brokerage Exchange
The Global Internet Jordan International Stock Brokerage Exchange service consists of a secure system with 24 hour markets that members can access and E-Trade in 220 countries. All transactions clear and settle on-line and are insured, monitored, secure and kept completely
private and confidential.
The focus of Global Internet Jordan International Stock Brokerage Exchange is to give Middle East public companies exposure to Islamic investors and investment capital from all over the world (in 220 countries) and not just in the country of Jordan, their primary listing, while providing investors with an 18- 24 hour E-trading day versus the 6 ½-7 hours provided for investors on most world exchanges. JISE provides qualifying Jordanian companies with secondary Regulation-s
liquid markets. Publishing bid / ask information to investors worldwide. This will provide Jordanian companies with a new Middle East marketplace to raise money and issue stock saving significant fees in legal, accounting and underwriting with Islamic requirements.
About FranTech International Licensing
FranTech consists of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines. They have over thirty-five years of experience with their proven partners. In addition, FranTech has proven track records in assembling, negotiating and consummating trade, licensing, franchising, technological transfer and financial agreements; They pool strengths drawn from experience in international securities and trade policy, insurance, law, marketing, investment banking and technology research.
This broad expertise, coupled with access to key Governmental and business decision makers, provides services uniquely valuable to Argent's JISE concept in the restructuring Jordanian economy.
Argent and Jordan International Stock Exchange is pleased to commence a strong working relationship with the Global FranTech Group.
FranTech's mission is to foster the development of the global economy by providing a global perspective to developers, marketers, manufactures, and innovators of newly emerging and preemptive technologies. They offer world-class solutions for the licensing and transfer of USA and Worldwide innovations to emerging economies in 220 countries worldwide
for over thirty-five years.
JISE seat licenses available in select countries.
For information on this exclusive Jordan International Stock Exchange E-Trading technology contact:
FranTech USA
David Baker
Tel: +805-653-5264
www.FranTechUSA.com
FranTech at (805) 653-5264.
President@FranTechUSA.com
Safe Harbor Statement: Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labelled with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking.
The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
www.FranTechUSA.com
###
This press release was issued through GroupWeb EmailWire.Com. For more information on unlimited press release distribution service, go to http://www.emailwire.com