NORTH MIAMI, Fla. March 19, 2012 — eTech Money, Inc. announced that it is soon to launch the 1st investment portal that intelligently matches any size investor with traders in a completely risk-controlled environment capable of guaranteeing preservation of initial capital investment funds.
Joe Puentes, eTech (http://www.etechmoney.com) Money's CEO, explained: "Our patent-pending matching engine, the InvestorPort™, is designed to pair investors and qualified, performance-based traders on a global scale according to specific criteria such as risk tolerance. This results in the creation of trading accounts at the broker level that maximize potential returns while safeguarding investment principal to the specifications of the participants. In the same way that eBay brings buyers and sellers of merchandise together, or eHarmony matches men and women with specific requirements, eTech Money is bringing investors and traders together online in a dynamic fashion with mutual financial benefit."
Recently, eTech Money has strengthened its executive team with a new CFO, Steven Tye, former managing director in charge of Eurobond trading and international debt syndication at Solomon Brothers, former Managing Director at Chase Manhattan Bank and former co-founder and chairman of online finance, which was sold to GMAC. Mr. Tye, also a Lead Investor in eTech Money, commented: "The company's ground-breaking concepts, managerial talents, demonstrated drive and conviction contribute to its ability to fully execute the business plan and profitably launch its game-changing investment portal. This is a truly exciting time at eTech Money and I'm both thrilled and proud to be a part of it."
Mr. Puentes added: "The addition of Steven Tye will perfectly complement the talents of Michael Mansfield, our Chief Investment Officer. Michael is an astute expert in the investment arena, being formerly listed as a top-10 ranked Commodity Trading Advisor (CTA) in Futures Magazine several times, with other top rankings as an FX fund manager on HedgeFund.net, EurekaHedge, IASG and other ranking sites, for both raw & risk-adjusted returns over the years. Michael is a respected specialist in risk-adjusted returns."
An important component in eTech Money's ability to launch the InvestorPort(TM) was the solidification of its relationship with ILQ (Institutional Liquidity, LLC), the fastest-growing U.S. brokerage firm. James Pieron, ILQ's CEO, said, "We look forward to forging a partnership with Joe and his team – eTech Money's innovative technology not only provides a unique meeting place for investors and traders, but allows clients to initiate deals, profile risk, and define trading parameters. The integration to ILQ systems will allow eTech Money clients to view their market exposure, margins, and trading performance in real time."
Mr. Puentes concluded, "The important addition to our executive team with Steven Tye, the infusion of capital, and our relationship with ILQ, are very timely milestones in our advancement and contribute in a substantial way to the imminent launch of the InvestorPort™. This will allow us to bring a new and exciting way for people to invest, drive revenues and pave the way to become a publicly traded company to the benefit of our equity investors."
For more information, contact:
Joe Puentes
eTech Money, Inc.
Investor Relations
786-431-2934
Email
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