Terminal Exchange (TE) to supply its services via the Debisys network

FOOTHILL RANCH, CA – July 21, 2004 – Debisys, Inc., a leading provider of prepaid transaction processing solutions, announced today it has signed an agreement with Terminal Exchange (TE) to supply services on its POSA network.

The agreement brings Terminal Exchange to the growing Debisys network where TE will be selling a full line of products to their distribution base. Terminal Exchange is a “one-stop shop” for credit card processing terminals, products and equipment. The company is initially targeting the Latin American market with a launch in Miami, Florida and will be deploying on the Ingenico and Nurit terminals.

Phil Prouty, Founder and COO commented “We are very excited to have TE join our network. They clearly have a lot of experience in distributing terminals, and adding our products is a natural extension. With our relationship with Ingenico, our application will be preinstalled on every terminal so merchants will quickly be able to add prepaid cellular and other products.”

About Debisys, Inc.
Debisys, Inc. is a leading supplier of prepaid solutions; including full service products such as prepaid cellular, long distance, internet, MasterCard, debit cards, stored value cards and billpay. The companies POSA network has over 12,000 active terminals and processes over $100m a year in product sales. The companies Flexcharge and Direct Top Up products allow for PINless recharge of cellular accounts and further reduces operation costs for carriers. For more information, please visit the company web site at www.debisys.com or email info@debisys.com.

Contact: Stephen Combe

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