Currensee Launches Members-Only Marketplace & Rewards Program

Provides Trusted Source for Trade Collaboration and Forex Products and Services

Currensee, Inc. (www.currensee.com), the first Forex trading social network connecting traders from around the world based on real-time trades, today announced the launch of the Currensee Marketplace, the trusted source for Forex products and services available exclusively for members of Currensee. Offerings include training and coaching from Forex experts, professional-level research, e-books, newsletters, and trading tools from industry leaders such as Candlecharts.com, The Hansen Finance Group, FX Tech Strategy, and many others.


Currensee brings trust and transparency to Forex trading collaboration by sharing real-time information on the actual trades its members are making. The Currensee Marketplace introduces a new way for Forex traders to connect with reputable products and services and gives members the comfort of knowing they are buying from a reliable source. The Marketplace also provides Currensee partners the opportunity to offer their professional products and services to the trader network. The revenue generated in the Marketplace creates an additional revenue stream for Currensee and supports the continued offering of free trade collaboration and membership in the Currensee trader network.

"I am very excited to be working with Currensee," said Toni Hansen, CEO and President of the Hansen Finance Group and Trading From Main Street. "I've had many clients over the years ask me to recommend a community where they can share their knowledge and learn from other traders, all while easily seeing and evaluating the performance of the members of that network. Currensee is the only site I have ever come across that provides such a pure form of social networking for traders online. The innovative potential Currensee offers those in the Forex industry for connecting on both a personal and business level is impressive."

The Marketplace is powered by Currensee Bucks, a unique rewards program, which gives members the opportunity to earn "Bucks" by actively participating in the trader network. Members earn Bucks for activities like inviting friends to join, creating discussions and polls, and linking new accounts. They also earn recurring Bucks on trading activity when they make Currensee their Introducing Broker. Once a member has a Bucks balance, they can redeem their Bucks to purchase any of the products and services available in the Marketplace. Members also earn additional Bucks rewards every time they make a purchase in the Marketplace. As a special launch promotion, Currensee is offering 30 Bucks to any member who joins by visiting www.currensee.com/bonusbucks by November 30, 2009. Bonus Bucks can be used in the Marketplace through December 30, 2009.

Retail Forex traders take their trading seriously and are constantly looking for ways to improve their knowledge and skills by purchasing Forex-related items. According to a February 2009 New York Traders Expo survey, excluding commissions, one-fifth of attendees spend more than $200 per month on trading services (such as feeds, software, chat rooms, newsletters, mentoring), and over one-third spend $50-200 monthly.

"The Marketplace is the trusted source for Forex traders who are looking for reliable products and services to incorporate in their trading experience," said Dave Lemont, CEO of Currensee. "Traders are always asking us for recommendations, and we created the Currensee Marketplace connect our traders with reputable Forex-related products and services. We are excited to give back to our traders in the form of Bucks rewards, and our Marketplace is an exciting step for Currensee and our members."
About Currensee

Currensee brings trust and transparency to retail Forex trading. The Currensee social trading network connects retail Forex traders from around the world, so they can share and collaborate on actual trading information in real-time. The unique Currensee social indicators aggregate the wisdom of the network and provide a new approach to Forex market analysis and trade decision-making. Currensee supports a wide variety of Forex brokers and education partners and is a member of the National Futures Association. Currensee is funded by North Bridge Venture Partners, and the company is headquartered in Boston, Massachusetts. For more information, visit us at www.currensee.com.

CPF to cut back on farming in 5-year plan

       Charoen Pokphand Foods Plc (CPF),the SET-listed flagship of Charoen Pokphand Group, has mapped out a fiveyear business restructuring plan to reduce its dependence on farm business.
       "The bird flu outbreaks in 2004 largely affected our poultry farms, forcing us to revise our business model," said Adirek Sripatak, CPF's president and chief executive officer.
       Over the next five years, CPF's core businesses will engage in three main industries: feed, food, and farming. The company will equally weight the industries to avoid possible business risks,he said.
       The restructure aims to increase revenue from the food sector to 30-33% of the total from 18% at present. Animal feed already generates 35% which would be maintained.
       Farming revenue, particularly from chicken and duck farms, would be pared from 47% to one-third as well. Sales from this sector stood at 156.23 billion baht in 2008.
       Mr Adirek said CPF would outsource products from certified contracted farms instead, which would also prevent risk from fluctuating world commodities prices.
       Mr Adirek revealed last year he wanted to remodel CPF to emulate ConAgra, one the largest packaged-food companies in the US, and said its 8-billion-baht animal and farm complex in Nakhon Ratchasima would be its last production hub.
       Revenue from the food sector has grown rapidly in recent years thanks to brand-building efforts and new products.
       Ready-to-eat items such as shrimp wonton soup have increased sales to 32 billion baht this year.
       Mr Adirek said that next year CPF planned to invest 4 billion baht locally and overseas.
       US$30 million is set for the pig business in Russia, and $65 million is to build shrimp- and aqua-feed manufacturing plants in the Philippines.
       In Thailand, the investment will focus on the expansion of its distribution shop, CP Fresh Mart, which has over 500 outlets, as well as building more shrimp wonton production plants.
       CPF projects the investment will drive its sales to 160 billion baht this year despite the strong baht, as the company leveraged imports and exports and hedged the exchange rate to prevent risk.
       CPF reported third-quarter net profit of 4.116 billion baht, up 50.8% from 2.728 billion year-on-year. Its ninemonth net profit was 8.08 billion baht.
       CPF shares closed yesterday on the Stock Exchange of Thailand at 9.70 baht,down 10 satang, in trade worth 656.2 million baht.