LOS ANGELES, March 23, 2012 /PRNewswire/ -- WikiLoan, Inc. ("WikiLoan", or "the Company") is pleased to announce that it has changed its name to The Wiki Group, Inc. The corporate action will take effect at the open of business on March 26, 2012, and the company will trade under the new symbol "TWGI."
The name change reflects the new direction of the company's expansion to multiple product lines across international markets. The company has recently signed significant deals in the United States and Mexico, and seeks to expand to the Middle East.
ABOUT THE WIKI GROUP, INC.
The Wiki Group, Inc. owns and operates two proprietary state-of-the-art technology platforms, WikiPay and WikiLoan.
WikiPay is a low-cost, cash-based mobile payment and marketing platform solution for Peer-to-Peer (P2P), Business-to-Consumer (B2C), Consumer-to-Business (C2B), and Business-to-Business (B2B) transactions. The key driver for WikiPay is its low transaction fees. WikiPay is FREE for payments between members. Additionally, WikiPay's mobile marketing application, WikiBlast, enables merchants to reach their client base instantly with a variety of customizable SMS marketing programs. For more information, please visit: www.wikipay.com or the mobile website: m.wikipay.com.
WikiLoan is a low-cost peer-to-peer lending platform that works through the participation and collaboration of family and friends through social networks. The company's website www.wikiloan.com provides repayment schedules and documentation for loans, along with proprietary administrative tools, which enable users to securely pull credit reports and automate the loan repayment process.
FORWARD LOOKING STATEMENTS This news release may include "forward-looking statements" regarding The Wiki Group, Inc., and its subsidiaries, business and project plans. Such forward looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where The Wiki Group, Inc. expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. The Wiki Group, Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
CONTACT: Investors may contact: Ben Hansel (720) 288-8495 [email protected]
SOURCE The Wiki Group, Inc.