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Card Activation Technologies, Inc.
Card Activation Technologies, Inc. Signs a Letter of Intent To Purchase Intellectual Property
August 31st, 2008
Card Activation Technologies (BULLETIN BOARD: CDVT) , owners of a patented point-of-sale technology for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, said that the Company has entered into a letter of intent to purchase intellectual property of PayMed USA, LLC a Nevada Limited Liability Company ("PayMed") Mr. Bill Williams, President and CEO of Card Activation stated, "The intellectual property we intend to purchase can allow us to add an additional source of revenue by offering licensing agreements to Medical Insurance Companies, Hospitals , Clinics and Physicians/Dental...
Source: Pharma Investments, Ventures & Law Weekly (2008-08-31)
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