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Update: ‘Asia Payment Systems,
Inc., effective August 16th
2007, changed its name to Cardtrend
International Inc approved at a
Special Shareholders Meeting held in
Hong Kong on July 17th,
2007’
Cardtrend International Inc. ("Cardtrend") is a Nevada, USA, incorporated public
company listed on the NASD OTCBB with a trading symbol "CDTR". It is involved in the payment and loyalty-reward
related businesses in Asia with a primary focus on China. Cardtrend focuses on three integrated and
complimentary lines of business: issuance of payment and loyalty-reward cards ("Cards Business"); distribution
and sales of prepaid products and services ("Prepaid Business") and provision of business processes out-sourcing
and data processing services to operators of payments and loyalty-rewards cards ("Processing Business").
Cardtrends' long term objective is to be a significant provider of payment and loyalty-reward products and
services in key Asia markets with a significant market share in China.
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