NEW YORK, June 20, 2013 /PRNewswire/ -- (OTCBB:STDR) EFactor Corporation ("EFactor Corp" or "the Company"), the world's leading social network, content aggregator and provider of resources to entrepreneurs, today announced that it has retained MZ Group N.A. ("MZ") as its investor relations firm. MZ is launching a comprehensive investor relations program for the Company to serve the needs of its current and prospective shareholders.
EFactor's CEO, Adriaan "Adrie" Reinders, stated, "We are pleased to bring on MZ Group to help us support and expand our shareholder base. As a soon-to-be fully public entity, we have received increased interest from many investors and expect much more in the near term. We plan to leverage MZ's extensive experience working with over 250 publicly-traded, multinational companies world-wide and particularly for our outreach in the U.S. to help us formulate and execute an effective investor relations strategy."
"EFactor is an emerging company with tremendous growth potential," began Ted Haberfield, President of MZ Group N.A. "As the industry evolves, we believe the social networking ecosystem will present opportunities for smart and nimble companies like EFactor to establish a leadership position in new market niches. EFactor provides a specialized marketplace that allows entrepreneurs to connect, exchange ideas, develop business relationships, find and evaluate sources of funding, recruit talent and tap into service offerings through 'EFactor Alliance Partners' to help entrepreneurs succeed. We look forward to introducing this exciting growth story to the investment public worldwide and witnessing its growth in capital markets."
About EFactor Corp.
EFactor Corp. is the parent of EFactor.com, the world's largest niche social network for entrepreneurs which provides its members with the people, tools, marketing and expertise to succeed and make real, trustworthy and lasting connections. At the core of EFactor is a strong algorithm that allows members to not only connect with a lot of people, but with the right people. In addition, EFactor provides knowledge, funding access and resources to reduce business costs, delivered through a unique mix of online social networking and offline domestic and international events. EFactor has over one million members in 222 territories across 240 industries. It is incorporated and headquartered in San Francisco.
EFactor Corp. is also the parent company to a number of subsidiary service organizations each of which adds value to EFactor's members such as EQmentor, a company that delivers matching software for mentors to find the best mentees.
The EFactor.com Value:
The EFactor network is designed to support you as your business grows, along every step of your journey. We'll be there to congratulate you every time you win and will coach and inspire you whenever you feel frustrated by setbacks. You can count on us to connect you with the right people for you and your company and offer you the resources and talent that will help you succeed. We are highly motivated, everyday people who genuinely care about our team and customers. We cheer each other on and have each other's back. We get to see our ideas come to life every single day. We're entrepreneurs, contributing our expertise to this community.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of EFactor Corp., to be materially different from the statements made herein.
Investor Relations Contact:
John Mattio, Sr. Vice-President
MZ North America
Direct: (212) 301-7131