FOOTHILL RANCH, California, January 11, 2010 — Emida, a leading provider of electronic prepaid solutions has announced that it surpassed $1Bn in annualized payment volume in July 2009 and estimates this annualized run rate climbed to $1.2Bn in December 2009 .

 These outcomes were only part of Emida’s 2009 success story.  The company posted double-digit growth in many operational metrics including 44% growth in retail points, 64% growth in transacting countries and a +90% growth in core business Operating Income.

 Dennis Andrews, CEO of Emida said “2009 was a banner year for Emida. While several industries have been negatively affected by the economic environment, Emida has managed to grow through it. This is a feat that could not be achieved without the work of our exceptional team, customers and partners plus good timing. We anticipate further growth in 2010 through further gains in our domestic and international markets as well as contributions from new services like Cash and Transact™, Emida’s mobile wallet service.”

 About Emida

Emida is a leader in the global prepayment and value transfer market, operating in 36 countries throughout North, Central and South America, the extended Caribbean, Africa, Oceania, the Middle East and Europe. We support a network of more than 44,000 retail points with an annual dollar payment volume in excess of $1B, processing more than 140 million annual payment transactions.

Our network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services. Our strategy is to build profitable, robust distribution networks for many prepaid products in targeted operating geographies, and to introduce unique cross border value products between regions. Our payment processing platform provides robust revenue solutions for distributors, ISOs, retailers, carriers and service providers alike.