Emida And Morecash Launch The Puntoflex Network In Europe

Miami, FL – November 18, 2003 – Emida, a provider of transactional networks for electronic prepaid distribution, bill payment, money transfer and stored value card processing, launch its first Prepaid Debit Card product in the U.S.

Manuel Nuñez, COO of EMIDA commented, “Our Debit Diamond Card targets the Global Hispanic market in the United States, and offers value added services for the Hispanic consumer who can also use Debit Diamond to transfer money to relatives across the region”.

The Debit Diamond ATM/Debit Card is a prepaid product that allows consumers to make phone calls, send money from one card to another anywhere around the world, withdraw money at ATM machines worldwide, make purchases and get money back at the point of sal

e. Additionally customers can decrease the possibility of loss or theft of cash.

The Debit Diamond Card can be purchased and reloaded at any authorized PUNTOflex point of sale (POS) across the U.S.

About Emida
Emida is deploying PUNTOflex, a growing electronic transaction-processing network which enables electronic prepaid service distribution, bill payment, money transfer, and stored value card processing. Emida is focusing initially on the Global Hispanic and Latin American markets.

For more information on Emida’s products and services visit www.emida.net

About More Cash
More Cash deploys and operates the PUNTOflex network for prepaid services, money transfer and store value card processing in Europe.