Global Investor Services, Inc. Announces Agreement with Wealth Engineering LLC to Terminate Business Collaboration

OREM, Utah, Sept. 15, 2011 /PRNewswire/ -- Global Investor Services, Inc. ("Global", OTCBB: GISV) announced that it entered into an Agreement with Wealth Engineering LLC ("Wealth") and all Wealth entities and its principals to terminate all business agreements between the parties.  

Business agreements existed between the parties whereby Wealth and its entities provided Global with funding in consideration for a percentage of net revenue generated as a result of the Company's marketing efforts.

Pursuant to the Agreement between Global and Wealth , Global agreed to issue Wealth 17,500,000 shares of common stock and make a payment of $150,000. Global further agreed to pay Wealth 20% of monthly net revenue generated pursuant to the agreement with Questrade, Inc. The Wealth Parties released Global from all claims and agreed to standard non-solicit and non-compete clauses.

Commenting on the announcement, Dr. Joseph J. Louro, CEO, stated, "This settlement agreement allows the company to operate in a direct and unimpeded manner where our focus is on increasing cash flow and creating shareholder value. It further strengthens the company's financials by removing all future revenue sharing obligations and other costs which improves cash flow for business growth. This settlement is another important event in our continuing efforts to improve the financial fundamentals of the company and build shareholder value."  

About Global Investor Services, Inc.

Global Investor Services, Inc. provides and delivers a comprehensive on-line program of investor education through its InvestView brand, offers proprietary investor search tools and trading indicators, distributes weekly newsletters, offers access to a live "state of the art" weekly Trading Room. www.investview.com

For more information, please contact:
Global Investor Services, Inc.
(801) 889-1800
www.GISVonline.com

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

SOURCE Global Investor Services, Inc.