Emida Announces Support of Cingular and Boost Prepaid Debit/Credit Card Programs

FOOTHILL RANCH, California and MIAMI, Florida, March 21, 2006 (Business Wire) – Emida Technologies, a leader in the global prepayment and value transfer market, has announced support of the Cingular and Boost Green Dot™ prepaid debit/credit card programs.

The Green Dot™ program allows customers who don’t qualify for a conventional contract phone service to sign-up for monthly prepaid wireless services such as the Cingular Go Phone and Boost Premium programs using the Green Dot™ prepaid debit/credit card. Signing up for the card is simple – the customer provides basic contact information and selects a cash amount that is paid towards the card activation. No bank account or credit history is required to obtain a card, and it can be used instantly to purchase prepaid wireless services.

The Debisys platform, among the first POSA networks to support Green Dot™, supports all Green Dot™ prepaid products in addition to the Cingular and Boost prepaid cards, and customers can reload or purchase the cards at all Debisys locations.

“This program is unique in that it allows more people to obtain monthly wireless prepaid plans with higher minute limits,” states Stephen Combe, Vice President of Marketing at Emida. “Supporting the Green Dot™ network means that our ISO’s have yet another product to offer their customers, who in turn can offer a prepaid credit card to customers who may have previously been unable to obtain these services. Emida’s support of the Green Dot™ program opens up an entirely new market sector and revenue opportunities for ISOs and store owners alike.”

Learn more about the Green Dot™ program and financial network at www.getmygreen.com.

About Emida
Emida is a leader in the global prepayment and value transfer market, operating in 17 countries, including North America, Mexico, Peru, Dominican Republic, Colombia, Ecuador, Guyana and the much of the Caribbean.

Emida’s technology allows for the domestic and international distribution and value transfer of many types of prepaid products including prepaid wireless, long distance, lottery and stored value. The company’s strategy is to build profitable, robust distribution networks for many prepaid products in identified operating geographies and introduce unique cross-border value products between regions. Emida’s POSA solutions, Debisys and Puntoflex, provide robust revenue solutions for distributors and carriers alike.

For more information, please visit the company web site at www.emida.net or email info@emida.net.

MEDIA CONTACT:

Andrew Patterson
Krush Creative Group
949.559.7745
andrew@krushcreative.com

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