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Fri, September 7, 2012

Preventia Signs Joint Venture Becoming the Foremost Developer of New Tailor-Made High Yield and Hybrid Insurance Products


Published on 2012-09-07 06:47:47 - Market Wire
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NEW YORK--([ ])--Preventia (OTCBB:PVTA) announces signing a joint venture agreement with Dematco Group Corp, a wholly owned subsidiary of Dematco, Inc. (Pink Sheets:DMAT). The JV will facilitate the expansion of a new insurance product division within Preventia. The Company will become the foremost developer of new tailor-made high yield and hybrid insurance products from hitherto untradeable policies.

"We are confident we can provide a solution for any untradeable asset in this class on commercial terms, however complicated the clientas scenario may be."

Dematco's expertise converts all manner of paper instruments into electronically transferable units listing and trading the high-yield and hybrid sub-products. Preventia provides access for instantaneous clearance and settlement in real time.

The JV agreement encompasses the newly cleared Eurobond created for an Institutional client by Dematco Group Corp. It allows for further Instruments and hybrids to be tailor-made to clientsa needs, for the purpose of enhancing their competitive edge at will.

Preventia and Dematco Group Corp. will maintain their own financial structure and profits will be equally divisible whether determined by the product designed, the client introduction, or combination of both. As joint venturers, substantial benefits are expected to follow. Significant progress should narrow the yield gaps associated with the insurance industry as new products hit the market.

Robert Stevens, Preventiaas CEO, states, aWe are confident we can provide a solution for any untradeable asset in this class on commercial terms, however complicated the clientas scenario may be.

aPreventia is ideally positioned to accommodate any and all client orders. Combining forces with Dematco strengthens our position in this market. After exchanges of technical data and client bases, we feel we can translate the vast portfolios of paper assets of any illiquid nature held by institutions and banks into recognizable electronic products. Actively pursuing all the variants now available to us, we expect to make further statements as Preventia rapidly progresses in this sector.

aAs for the insurance industry's future, I believe we have the strongest platform and program resolving a hitherto hugely illiquid market.a

About Preventia, Inc.

Preventia, Inc., a Nevada corporation, is headquartered in Toronto, Ontario, Canada. Preventia works with corporate clients through its subsidiary, Preventia Group Corp., to develop, market and distribute financial products for dematerialization and electronic trading, and offers a patented electronic trading platform with respect to the foregoing. Preventia will pursue interesting projects from time to time that appear to further enhance its corporate influence and establish itself in a primary position in various developing markets.

To learn more, visit [ http://www.preventiatrading.com ] or email [ info@preventiatrading.com ]

About Dematco, Inc.

Dematco, Inc. is engaged in the business of dematerializing and converting financial instruments from paper form to electronic form. The Company specializes in hitherto untraded or untradeable paper instruments allowing them to be traded electronically on exchanges or exchange platforms on a peer to peer basis.

Safe Harbor Statement

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the Company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.

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