ThinkTank Holdings LLC Announces New Patent Pending Credit Card Venture
Oct 2, 2007
JACKSON, Wyo. — ThinkTank Holdings LLC today announced that they will be entering the high-end credit card business with their new patent pending credit card that includes carbon and/or carbon based material. The code name for the company is “Next Card” and should be available to the public soon. The name of the company will not be announced until its release date.
ThinkTank filed its provisional patent application during 2007 based on previously performed research. The original design was invented by ThinkTank’s founder, Scott Blum. This high-tech credit card will be available to individuals and corporations for an estimated annual fee of $495. It is expected to come with a 24-hour concierge service, a points and rewards incentive package as well as many other benefits.
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About ThinkTank Holdings:
Founded in October 1999 by Scott Blum, ThinkTank provides technology infrastructure, financing and management expertise to its companies. At ThinkTank, ideas are created around solutions that change or improve the way business is conducted.
ThinkTank is focused on technology, commerce, and media related industries and currently has the following companies in its portfolio: Buy.com, Yub.com, Sell.com, TechSpace, Thinkbig Media, and YogaToday. Revelocity was sold to NeoForma (NASDAQ: NEOF) in December 2002, ChannelWave was sold to ClickCommerce (NASDAQ: CKCM) in January 2005, and Commerce5 was acquired by Digital River (NASDAQ: DRIV) in December 2005.
ThinkTank is a holding company that has significant investment or control in each of its companies. The partners provide expertise in the form of capital raising, mergers and acquisitions, strategic business partnerships, legal support, business development, marketing expertise and financial management and analytics.
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