TORONTO, ON. – December 6, 2011 - Oxford Investments Holdings Inc. (OTCQB: OXIHF) is pleased to report that the Company held it’s Annual General Meeting for shareholders on November 18, 2011. Oxford President Mr. Michael Donaghy updated the shareholders present that its customer base continues to grow and revenue continues to increase incrementally, currently processing $2.5 million worth of transactions per month. Mr. Donaghy reiterated that 2010 was a watershed year for Oxford, and that the Company has now generated revenue for 14 consecutive months, following an extended infrastructure and relationship building period ramping up the processing business in China. Mr. Donaghy expressed confidence that revenue growth should continue to accelerate through 2012 due to rising demand for transaction processing worldwide.
Oxford is actively promoting its Oxford TPS payroll processing platform, and is seeking and evaluating other business opportunities to diversify the Company’s activities and increase shareholder value.
Oxford is actively promoting its Oxford TPS payroll processing platform, and is seeking and evaluating other business opportunities to diversify the Company’s activities and increase shareholder value.FORWARD LOOKING STATEMENTS DISCLAIMER: Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.
This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.