GreenZap Q2 Company Update Announces $100 Million Processing ...

[NATE PERKINS ENTERPRISES] MLM #1 ONLINE-RECRUITER In New Online Home Business Marketing Tour!

July 21, 2006 04:10 PM US Eastern Timezone
GreenZap Q2 Company Update Announces $100 Million Processing Capabilities and New Classifieds Section
SAN DIEGO--(BUSINESS WIRE)--July 21, 2006--GreenZap(R), Inc. (Pink Sheets:GZPN), a provider of secure online payment services, posted online its second quarter 2006 company update outlining achieved and upcoming milestones for the Company.
In the update, the Company describes its completed project milestones including a new member ID verification program designed to reduce fraud, the approval of $100 million in monthly processing capabilities for credit card and ACH transactions, and a payment processing relationship with an Internet Exchange Service that manages advertising for over 28 million businesses.
The company also announces its future plans to launch a GreenZap classifieds section, as well as new Merchant Tools services enabling companies to download a GreenZap pay button as a cost-effective, alternative payment method to credit cards or other online payment applications such as PayPal(R). The new merchant API (application program interface) allows businesses to accept GreenZap as a payment method by integrating a pay button into their existing Website or shopping cart application.
The complete company update is posted on the company's website within the "Newz" section (http://4-ecorp.greenzap.it/ ).
Damon Westmoreland, GreenZap's CEO, states, "With the increase in our processing capabilities, we look forward to providing much needed services for the millions of Internet users around the globe." The Company notified its users about the update via email stating that the Company is making great strides to improve the usability and functionality of its Website and to add value by designing additional services for its users.
About GreenZap, Inc.
GreenZap, Inc., a San Diego, California-based company, enables any business or individual with an email address to send and receive money securely and cost-effectively online. GreenZap is building its network on the existing infrastructure of bank accounts and credit cards to create a global payment system. GreenZap's system resembles PayPal(R) (eBay's payment processor), which reports over 100 million users and a 2005 total dollar volume of payments of $27.5 billion.
GreenZap differentiates itself by charging flat-rate fees versus a percentage of each transaction, and rewards its customers for using GreenZap's services. Since opening June 1, 2005, GreenZap has grown to over 750,000 users.
For more information, please visit http://yourusername.greenzap.it/
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements.
Contacts
GreenZap, Inc.Linda Murphy, 858-812-3050linda@greenzap.com
[NATE PERKINS ENTERPRISES] MLM #1 ONLINE-RECRUITER In New Online Home Business Marketing Tour! ETHOS FR/4E MAKES THE NEWS IN ATLANTA GEORGIA WSB-TV Channel 2 Brought to you from WSB-TV, Channel 2 in Atlanta Georgia! http://www.wsbtv.com/video/9478292/index.html"Make up to $40,000.00 Per Week! Recruiter" FREE {SAFEPAY} https://www.safepaysolutions.com/index.php?usr=NatePerkinsUNCUT! Internet Marketing Videos: http://www.uncutmarketing.com/idevaffiliate/idevaffiliate.php?id=826(A) FREE http://sunrise.probusinesssuccess.com/(C) aaTCM: http://www.aatcm.com/nateperkins (D) SKYPE http://ebiz-iq.com/moodle/mod/resource/view.php?id=1761- FREE Portal http://4-ecorp.veretekk.com/ 2 - Blastomatic http://veretekk.blastomatic.com/4-ecorp3 - NBBTA http://www.nbbta.org/member.html?705 5 - ETHOS FR http://www.4-ecorp.com/nateperkins6 - SOUTHX Lotto http://www.GlobalWon.com/SouthX7 - Ky-aniSun http://www.ky-anisun.com/nateperkins/8 - FRAPPR Map http://www.frappr.com/omstard1280x
9 - GreenZap http://yourusername.greenzap.it/
[NATE PERKINS ENTERPRISES] MLM #1 ONLINE-RECRUITER In New Online Home Business Marketing Tour!