HILVERSUM, NETHERLANDS--(Marketwire - Nov. 8, 2012) - Readen Holding Corp (PINKSHEETS:RHCO) is pleased to announce that its Yomobile B.V. subsidiary has entered into a joint venture with VinCon B.V.
Both companies are highly regarded in prepaid voucher terminals within their core business of mobile telecom, distributing gift cards, event tickets, discount cards and much more.
The joint venture will blend the expertise and manpower of both companies while providing the means to obtain not only better pricing, but, even more important, the ability to expand much faster.
With this joint venture, we will grow from 500 to 1,500 retail outlets in the Netherlands in the next few months and will enable our products to be available 24/7 with a large selection from which to choose- all of which are those most desired by consumers.
These sales are tracked 24 hours a day and will be rolled out to France and Belgium by the second quarter of 2013.
Ronald Steenbergen, chairman of RHCO, said, "This is a huge step towards Readen achieving it's goal to be the premier voucher reseller in Europe."
Readen Group's mission statement is to be a valuable partner for customers in terms of technical flexibility, quality and competitive pricing through the complete value chain (SIM cards, mobile phones and applications).
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