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Consorteum Holdings, Inc. (CSRH) Pursues Opportunities in Digital Technology Marketplace with Newly Formed Subsidiary

Consorteum Holdings, an international transaction management and mobile publishing company, today announced organizational developments underway to expedite new market entries in technology and payment solutions.

A new business entity, ThreeFiftyNine Inc., has been incorporated in Nevada, US as the lead operational business and a wholly owned subsidiary of CSRH. The new wholly owned subsidiary aims to be a highly differentiated business in the digital space, with brand development continuing for a launch in early Q4.

The business is commercializing a number of new business opportunities that have been under evaluation. This involves formalizing a structure to support go-to-market programs that have already been through a business review and modeling process. The proposed programs are closely tied to key vertical market segments, with lead customers and partners in both direct and indirect distribution models.

A core technology development team has been recruited and is in place, including world-class resources in the areas of cloud infrastructure design, development, and deployment, as well as in digital transaction management.

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