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Catalyst Ventures, Inc.: Catalyst Ventures, Inc. Closes Acquisition of Global Banking & Advisory Assets and Continues as WorldV


Published on 2009-06-29 08:01:08, Last Modified on 2009-06-29 08:02:21 - Market Wire
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LOS ANGELES, CA--(Marketwire - June 29, 2009) - Catalyst Ventures, Inc. (OTCBB: [ CTLV ]) announced today that it has completed the acquisition of global banking & advisory operations from its parent company and major shareholder, WorldVest Equity, Inc., to become an independently traded, fully reporting global merchant bank.

As part of this transaction, Catalyst Ventures will officially amend its name to WorldVest, Inc. in the coming weeks will be issued a new trading symbol. Until the name and symbol change is completed, Catalyst Ventures will immediately begin doing business as ("dba") WorldVest and its common stock will continue to be listed on the OTCBB under the symbol "CTLV." There will be no reverse or forward splits on the company's common shares as it becomes WorldVest, Inc. At such time as it meets the qualifications, WorldVest intends to make an application to list its common stock on the NYSE Amex exchange.

Garrett K. Krause, Executive Chairman of WorldVest Equity and current CEO of Catalyst Ventures dba WorldVest, offered the following comments about the transaction: "Over the past three years WorldVest Equity has assembled a substantial global banking & advisory infrastructure upon which to launch WorldVest as an independent, fully reporting global merchant bank. By merging this infrastructure into Catalyst Ventures dba WorldVest it will serve as a global platform to complete its Merchant Banking transactions for continued growth and profitability, which will translate into increased value for all shareholders."

As part of this transaction, Catalyst Ventures dba WorldVest has acquired WorldVest, LLC ("WVUSA"), a Nevada company providing banking, advisory, and asset management services to companies throughout the United States. WVUSA consists of a team of dedicated investment professionals with a collective 100 plus years of experience in investment banking, trading, venture capital, and private equity investing across global markets. Among their accomplishments is the financing and execution of more than 200 transactions worldwide across a wide variety of industries. This team brings a foundation of in-depth global relationships and a demonstrated ability to recognize and capitalize quickly on true opportunities.

Additionally, Catalyst Ventures dba WorldVest has acquired FutureVest Management (Shenyang) Co., Ltd. ("FV Management"), which has a valuable investment management license that allows Catalyst Ventures dba WorldVest to conduct advisory and consulting operations autonomously within the borders of the People's Republic of China. Through the FV Management office in Shenyang, China, WorldVest will begin to provide Chinese companies with corporate advisory and consulting services, thereby positioning WorldVest to capitalize on the tremendous opportunities available in one of the fastest growing global economies.

As a global merchant bank, Catalyst Ventures dba WorldVest will focus on providing premier investment banking, advisory and asset management services, as well as making direct investments as a principal in select global transactions. Catalyst Ventures dba WorldVest will seek to maximize shareholder value by creating synergies between its operating divisions, offering a full complement of services to a wide variety of clients while choosing the highest caliber transactions to pursue as direct investments.

Catalyst Ventures dba WorldVest will initially focus on completing transactions in North America and the BRIC countries (Brazil, Russia, India and China), which are among the fastest growing economies in the world. As a global company, WorldVest will look to offer truly comprehensive banking and advisory services to companies without predefined boundaries or limits. Rather than placing limits on its areas of business, WorldVest seeks to evaluate opportunities in all geographic markets, industries and stages of development based on their individual merits, seeking to participate in those which offer the greatest opportunity to create outsized risk-adjusted returns.

About Catalyst Ventures, Inc. dba WorldVest

Catalyst Ventures dba WorldVest (OTCBB: [ CTLV ]) is a global merchant bank that offers not only traditional investment banking, asset management and advisory services, but also makes direct investments as a principal in select high-growth transactions on a global basis. Catalyst Ventures dba WorldVest seeks to set a new standard, emerging as a partner and solution provider where one did not previously exist.

Catalyst Ventures dba WorldVest will be majority controlled by WorldVest Equity, Inc. (PINKSHEETS: [ WVVEF ]), an international public investment fund managed by Wilmington Rexford Group.

For more information about Catalyst Ventures, Inc. dba WorldVest, please refer to the company's website at [ www.WorldVestGroup.com ].

Forward-Looking Statements:

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.

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