LA JOLLA, Calif. (BUSINESS WIRE) Global Vision Holdings Inc., (Pink Sheets: GVHL), a developer and worldwide wholesale marketer of a new generation of prepaid financial services, announced today that its CEO, Jack Chang, has been interviewed by WallStreetReporter.com, a leading financial news and information web site, and is currently featured as a guest interview on the site.

Visitors to the site may listen to streamed audio of the interview at: [ >>> ]

During the interview, Chang discussed the company’s business model, which focuses on meeting the financial needs of the world’s «unbankable» consumers by providing a variety of membership based and prepaid financial products, such as prepaid bank debit cards, gift cards, cardholder rewards programs, and prepaid phone cards to name a few.

«Prepaid gift cards were the number-one gift item during the 2003 holiday season; and the global prepaid market is the largest financial market in the world because the vast majority of the world’s consumers cannot qualify for credit cards or bank accounts,» said Chang. «Our services are coming out of the gate, and I expect the value of an investment in GVHL to grow significantly once our revenues begin to be realized in the coming weeks.»

Chang predicted that in three years’ time, most of Global Vision’s business is likely to be overseas. He also discussed a number of significant trends that are driving the financial services industry domestically and abroad, including the increasing popularity of debit cards for payroll purposes.

About GVHL

GVHL is a developer and wholesale marketer of a new generation of prepaid (also known as «Stored-Value») financial products and services. The company specializes in worldwide distribution of pre-paid bank debit cards, retail gift cards, telephone calling cards, and healthcare and insurance products, serving a multibillion-dollar global marketplace. GVHL entered the prepaid/stored-value debit card marketing business through a strategic alliance with FirstCard Resources, LLC, of California (FCR). Prepaid debit cards are in great demand by businesses and individuals both domestically and worldwide, with the market outside the United States virtually untapped. Other planned products and services for GVHL debit/stored value cardholders and distributors will include low-cost life insurance and discounted healthcare plans. For more information, please visit www.Global-Vision.com.

Legal Notice Regarding Forward-Looking Statements: «Forward-looking statements» as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Global Vision disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.