Bidnowcom Inc and Frontera International Inc Sign LOI

Released on: January 8, 2008, 2:15 pm

Press Release Author: Bidnow.com

Industry: Small Business

Press Release Summary: Bidnow.com signs a letter of intent with Frontera
International Inc., a leading provider of self-banking services to the Hispanic
community.

Press Release Body: Philadelphia, PA. January 6, 2008. bidnow.com
inc.(other:BDNW:PK) announces that its has signed a Letter of Intent (LOI) with
Frontera International Inc, a leading provider to the Hispanic \"Self Banked\"
community.

Frontera International provides a unique \"one stop shop\" approach for it\'s target
customer via carefully crafted store fronts and in-store kiosks,
offering check cashing, wire transfer, payday advance loans, pawn loans as well as
other ancillary financial services.

Following the completion of the due diligence, the company will finalize and sign a
definitive agreement. The definitive agreement is being developed concurrently with
the due diligence process.

Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained herein which are not historical are forward-looking
statements that are subject to risks and uncertainties that could cause actual
results to differ materially from those expressed in the forward-looking statements,
including, but not limited to, certain delays beyond the company\'s control with
respect to market acceptance of new technologies or products, delays in testing and
evaluation of products, and other risks detailed from time to time in the Company\'s
filings with the Securities and Exchange Commission.


Web Site: http://www.bidnow.com

Contact Details: Bidnow.com Inc.
PO Box 366
Newton, PA 18940

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