Oxford Provides Operational Update

Oxford Provides Operational Update


Toronto, Ontario (FSCwire) - Oxford Investments Holdings Inc. (OXIHF), is pleased to provide a shareholder update on its operations. During the past several years Oxford has demonstrated to its banks in China that the Company is a reliable credit card processor. While it was a difficult period for the Company, Oxford was able to enhance its operations, slowly build its revenues, and managed to generate a modest operating profit for the 2014 fiscal year.

During the first half of 2015 Oxford capitalized on a niche market for its credit card processing business, which resulted in four consecutive months of record revenue increases on close to $6 million of monthly credit card transactions. The niche market was a high volume, low margin business. While summer months are typically slow for processing, the decline this past summer was less than expected. During that time Oxford received numerous MID requests, and during Q4 many of these MIDs have been initiated. A MID is a merchant identifier that is assigned to an online merchant by a bank. Oxford currently has 250 MIDs in effect. It can take several months for a MID to be fully engaged as the bank, for risk management purposes, will impose processing limitations until both the bank and merchant are comfortable.

“We continue to show promising growth. We are adding new customers, and while the top-line processing volumes are slightly lower, our margins are higher and the business is much more profitable. I am very encouraged by the progress we are making.” stated Michael Donaghy, President of Oxford. “All indications are that this momentum can continue.”

As previously reported, Oxford has been exploring other avenues to diversify its revenue base and build shareholder value.  The Company has entered into discussions with a company in western Canada regarding a potential opportunity.

About Oxford Investments Holdings Inc.

Oxford Investments Holdings Inc. is establishing itself as a leading payment solutions provider. The Company acts as a third-party processor, directing online merchants who require credit card processing to the company’s network of processors whose payment gateways are integrated into a number of banks in China. Oxford earns commission revenues from the processors, while minimizing its infrastructure requirements and overhead costs. Oxford, through its partner, Koho Group, has also established relationships in the Chinese financial and electronic payments industries.

FORWARD LOOKING STATEMENTS DISCLAIMER:

Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.

This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.

Contacts:

Oxford Investments Holdings Inc.                                                                                                                Michael Donaghy 1-800-293-4871

Website: www.oxsof.com                                         


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/OxfordJan52016.pdf
Source: Oxford Investment Holdings Inc. (OTCQB:OXIHF) http://www.oxsof.com/

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