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Consorteum Holdings, Inc.’s (CSRH.OB) Year-End 10-K Filing

Consorteum Holdings Inc. recently announced completion of its corporate 10-K year-end filing for the fiscal year ending June 30th, 2009. The filings were completed in detail, showing the company’s busiest year to date, during which it completed a reverse merger, two audits, launched two commercial programs, and added an additional global opportunity contract. Consorteum will be continuing its activity, with its upcoming third launched project, while developing still other revenue generating programs. To these ends, senior management is actively seeking funding for expansion and capitalization.

Consorteum CEO, Craig Fielding, said, “We are very pleased with the progress and advancements the company has made over the last year, especially when considering the difficult economic environment. With the completion and filing of the 10K and audit, the company is now able to fully focus all of its resources on the deployment and advancement of current and new contracts. With the foundation laid, Consorteum will now be able to focus on revenue generation with our current programs and expansion into new markets.”

Consorteum has stated that it plans to continue building on its knowledge and contacts with the payments and transaction industry in North America, Europe, and internationally. The company’s experience in transaction processing, management, and deployment lets them spot market needs early, well before their competition, and also allows them to develop flexible solutions to meet those needs. This flexibility is due largely to Consorteum’s relative independence from any single partner, resource, or technology provider.

Another advantage is Consorteum’s focus on processing solutions that are based upon repeat transactions, resulting in solutions that pay off long term for both the user and Consorteum. In short, the company has a 100% customer satisfaction culture, developing solutions that nobody else can provide.

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