Emida Hires Pete Sauerborn to Lead North American Efforts

FOOTHILL RANCH, Calif. and MIAMI, Fla. (BUSINESS WIRE) – December 1, 2005 – Emida Technologies Inc., a leading provider of prepaid and value transfer solutions, announced today Pete Sauerborn has joined the company as Vice President and General Manager of North America.

Mr. Sauerborn brings over 15 years of prepaid and wireless technology experience to Emida, having held posts as Vice President of Sales and Marketing at Axcelerant, Inc., Vice President of Product Marketing and Strategy at PageNet, Inc., and various marketing positions at 3Com Corporation.

In his new role at Emida, Mr. Sauerborn has profit and loss responsibility for Emida’s North American business, with functional responsibility for sales, account management and product supply.

Speaking on his decision to join Emida, and his plans for growth, Sauerborn says, “Along with their outstanding reputation, Emida has established a market-leading, turn-key solution for prepaid wireless and other services. I look forward to growing our presence in North America and introducing new products and services to add even more value for our distributors and their retail merchants.”

Dennis Andrews, Emida CEO, commented, “Pete’s broad background, energy, and integrity make him an ideal addition to our team. He will be able to grasp the business quickly and focus squarely on the value proposition to our customers.”

About Emida Technologies Inc.
Emida is a leader in the global prepayment and value transfer market, operating in 17 countries including the U.S., Mexico, Peru, Dominican Republic, Colombia, Ecuador, Guyana, Bermuda, Bahamas, and the much of the Caribbean.

Emida’s POSA and value transfer technologies allow domestic and international distributors and carriers to offer 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 multiple operating geographies, and to introduce unique cross-border value transfer products between these geographies.

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

Andrew Patterson
Krush Creative Group
949.559.7740, ext. 101 (office)
949.433.1266 (mobile)
andrew@krushcreative.com

Katherine Hills
Krush Creative Group
949.559.7745 (office)
949.697.9715 (mobile)
kathy@krushcreative.com

Telcel offers electronic airtime recharge (Top-up) in the US

• Telcel, once more sets the pace in wireless telephony and launches a service that allows its clients of Telcel Amigo another alternative to purchase airtime in the US.
• Telcel signs an agreement with US-based EMIDA to make Telcel Prepaid Airtime available in EMIDAs more than 2,000 POS.

Mexico, D.F. – November 8, 2005 – Only Telcel evolutions the way to purchase airtime offering an innovative alternative: the purchase of Electronic Airtime (Direct Top-up). This service is available to the prepaid customers who travel to the US or those that are living in the US and want to purchase airtime for an Amigo Telcel in Mexico. Currently the product is available in 1,500 POS from EMIDA.

For the first time, Direct Top-up is offered outside our country. The service allows clients to recharge the account of any Telcel Amigo subscriber in an easy manner and in real-time, you only need to go to a POS, provide the cellular number and no matter where the phone is, automatically and immediately the balance will be updated with the recharge (top-up) amount. Airtime can be purchased in US$10, US$20, US$30 and US$50 denominations. It is important to highlight that the Airtime is credited in Mexican Pesos using the current exchange rate.

Two important companies in their industries join their efforts to offer an innovative option to purchase wireless airtime in the USA.

EMIDA is a US-based company with state-of-the art technology in prepaid services, such as: wireless, long distance, and money transfer among others.

Telcel, is the leading wireless operator in Mexico, and once again demonstrates its commitment to its clients by offering them the latest and most innovative products in the market.

MEDIA CONTACT:

Andrew Patterson
Krush Creative Group
949.559.7740, ext. 101 (office)
949.433.1266 (mobile)
andrew@krushcreative.com

Katherine Hills
Krush Creative Group
949.559.7745 (office)
949.697.9715 (mobile)
kathy@krushcreative.com

Two Leading Electronic Prepaid Providers – Debisys And Emida Technologies – Merge And Raise $7.5 Million To Form A Global Prepaid Solutions And Value Transfer Company

FOOTHILL RANCH, Calif. and MIAMI, Fla. (BUSINESS WIRE) – September 13, 2005 – Debisys, Inc. and Emida Technologies Inc., leading providers of electronic prepaid solutions, announced today they have merged and closed a $7.5m round of funding.

The merger will result in a global corporation that will be called Emida Technologies, Inc. The new Emida will continue to market the Debisys brand in North America and the Puntoflex brand internationally. Operating in 17 countries and supporting multiple prepaid products across the world, the joint organization will continue corporate operations in Southern California and Miami.

Dennis Andrews, Debisys’ CEO, will lead the new company as CEO, and David Brillembourg, Emida’s CEO, will spearhead the company’s international growth as Executive Vice President, Global Business Development.

The $7.5m private equity round is lead by GRP Partners, Stone Canyon Venture Partners, LP and Richard L. Scott Investments, LLC, and will be used to grow the company’s sales, marketing and operations. In connection with the financing, Brian McLoughlin of GRP Partners and Philip Smith of Stone Canyon will join the board.

Dennis Andrews, Debisys’ CEO states, “We are very excited about the merger with Emida; the combined company has a substantial portfolio of prepaid and value transfer products that will bring unique value across the geographies we serve. Our combined presence in 17 countries – and growing – plus our solid relationships with many carriers, allows us to offer a broad range of products and positions us well for growth. Emida brings us a strong management team, excellent technology and the experience necessary to dominate the global Hispanic market. I look forward to working with the new team, and the funding will allow us to capitalize on the huge opportunity to build a truly global company.”

David Brillembourg, Emida’s CEO, commented, “We see the merger between our companies as a strategic move to capture a major share of the global value transfer business. We’ve seen the prepaid wireless markets grow rapidly, and they are now demanding additional products. Our broad range of products and global presence allows us to create differentiating products to increase revenues and traffic. Our teams are very complementary, and we’re excited to be able to work together to build a great company.”

About The New Company – Emida

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

Emida’s POSA and value transfer technologies allow domestic and international distributors and carriers to offer 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 multiple operating geographies, and to introduce unique cross-border value transfer products between these geographies.

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

About GRP Partners

Founded in 1996, GRP Partners is a venture capital firm that specializes in investing in the following areas: financial services and technology, retail and consumer, retail technology and business and consumer services. With approximately $650 million under management, GRP Partners finances early-stage and late-stage companies with outstanding management teams.

The firm offers its proactive investment philosophy and industry knowledge to entrepreneurs to enable them to build highly successful businesses. GRP has funded innovative entrepreneurs who have changed the consumer landscape – companies that are household names today: Costco, Starbucks, PETsMART, Office Depot, Overture Services (acquired by Yahoo!), and P.F. Chang’s.

GRP Partners is based in Los Angeles and London.
www.grpvc.com

About Stone Canyon Venture Partners, LP

Stone Canyon Venture Partners, LP is an $85 million SBIC venture capital fund located in Los Angeles. Its focus is on growth capital for business, primarily in the broadly defined consumer and media areas, and secondarily in energy and medical businesses. It typically invests $3 to $5 million in companies that have customer references and a well-defined plan to profitability.

Stone Canyon offers investment capital, financial relationships, creative deal-structuring, operational experience and a comprehensive list of industry contacts. The principals in Stone Canyon Venture Partners have an aggregate of over 100 years of experience in developing successful businesses. www.stonecanyonvp.com

About Richard L. Scott Investments, LLC

Richard L. Scott Investments, LLC was established in 1997 by Richard L. Scott, founder and former Chairman and CEO of Columbia/HCA Healthcare Corporation (later renamed HCA, Inc.), one of the world’s largest healthcare services companies. Since its founding in 1997, Richard L. Scott Investments, LLC has invested in companies in the following industries: transaction processing, financial services, manufacturing, cable network, recreation/leisure, mobile home & RV, network security, catalog retail, medical equipment, pharmacy retail and healthcare services. Richard L. Scott Investments, LLC makes leveraged buyout, recapitalization/restructuring and growth capital investments in companies with superior management, predictable cash flow, strong market share and growth potential.

MEDIA CONTACT:

Andrew Patterson
Krush Creative Group
949.559.7740, ext. 101 (office)
949.433.1266 (mobile)
andrew@krushcreative.com

Katherine Hills
Krush Creative Group
949.559.7745 (office)
949.697.9715 (mobile)
kathy@krushcreative.com

Debisys Announces Major Contract With Ameritel

FOOTHILL RANCH, Calif. (BUSINESS WIRE) – September 9, 2005 – Debisys Inc., a leading provider of prepaid solutions, announced today it has signed a contract with AmeriTel, a leading provider of telecommunications products, to supply AmeriTel with its POSA and web-based solutions for distribution of prepaid products.

The contract provides AmeriTel with e-pins, long distance, prepaid credit/debit and bill payment services, and will be rolled out across AmeriTel’s network of over 700 locations.

Dennis Andrews, Debisys CEO, commented, “AmeriTel is one of the fastest growing telecommunication providers in the country, and is at the leading edge of providing services to their agents. We’re extremely proud to be their POSA provider. I’m excited to work with their team and develop new products and services together.”

Tony Ross, Director of Prepaid Products & Services at AmeriTel, stated, “We chose Debisys as they had the best combination of technology and services; our goal is to provide a full service of products and services to our customers and agents, and Debisys allows us to do that.”

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 company’s 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 reduce operational costs for carriers. For more information, please visit the company web site at www.debisys.com or email info@debisys.com.

About AmeriTel

American Telecommunications, Inc. [AmeriTel] was incorporated in New York State in November of 1996 after purchasing the paging and electronics business of First Beep, Inc. First Beep consisted of one retail location in downtown Manhattan, selling beepers, small electronics, and AT&T cellular phones. It had a customer base of 4,000 monthly airtime subscribers and several corporate clients. In 1997, switching its focus to cellular phones, ATI became a dealer for both Omnipoint and Sprint PCS.

Initially a sub-agent, ATI leveraged its relationship and commitment to T-Mobile to become T-Mobile’s largest national prepaid Master Dealer for three years running, and T-Mobile’s largest post-paid Master on the entire East Coast, from Maine to Florida. ATI now distributes over 25,000 connected digital handsets monthly through its East Coast sub-agent network of over 700 retail agents and 40 company-owned or controlled retail stores.

What makes AmeriTel stand out from the rest is its exceptional customer service, experienced sales teams, cutting edge technology, and attention to detail. AmeriTel, using its proprietary information system, provides all customers with up-to-date inventory, prices, commission detail, and financial information.

MEDIA CONTACT:

Stephen Combe
Debisys, Inc.
949.699.1401 x33
scombe@debisys.com

Debisys Announces Partnership With Ipp For Bill Payment

FOOTHILL RANCH, Calif. (BUSINESS WIRE) – September 8, 2005 – Debisys Inc., a leading provider of prepaid solutions, announced today it has partnered with IPP, a leading provider of financial services, to provide bill payment services.

The company is supporting both the terminal based and Internet solution, and is rolling out the product to its distributors throughout the fourth quarter of 2005. The service will allow distributors and retailers to offer bill payment services to thousands of billing companies, including utilities, carriers, insurance, banks, credit cards and many more.

Dennis Andrews, Debisys CEO, commented, “Bill payment is a natural addition to the prepaid market; the locations that sell prepaid wireless and long distance today are ideal locations for bill payment. We chose to partner with IPP as they have the best-in-class solution and offer the widest range of deployment options. This service will bring additional revenue and traffic to our distributor’s locations.”

Alex Cooper, IPP’s Executive Vice President states, “We are excited about adding Debisys to our expanding network of prepaid partners offering the IPP bill payment service. Debisys has an excellent footprint in the marketplace and will bring us closer to our goal of having the largest walk-in payment network in the United States.”

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 company’s POSA network has over 12,000 active terminals and processes over $100m a year in product sales. The company’s Flexcharge and Direct Top Up products allow for PINless recharge of cellular accounts and further reduce operational costs for carriers. For more information, please visit the company web site at www.debisys.com or email info@debisys.com.

About IPP America

IPP is the leading independent national network of neighborhood-based payment centers that provides reliable and safe electronic payment services and pre-paid telecommunication products to cash paying customers. IPP has established itself as the premier alternative financial services provider, offering bill payment, prepaid long distance, prepaid wireless coupons, prepaid home phone, prepaid debit cards, wireless phone activation, money transfer, and merchant services. There is no other provider with the sheer volume of vendors and variety of services available though a single point of sale solution.

MEDIA CONTACT:

Stephen Combe
Debisys, Inc.
949.699.1401 x33
scombe@debisys.com

Debisys Announces Support For Movida Wireless

FOOTHILL RANCH, Calif. (BUSINESS WIRE) – August 12, 2005 – Debisys Inc., a leading provider of prepaid solutions, announced today it has signed an agreement to supply the Movida Wireless product across it’s Debisys prepaid network throughout the United States.

Movida is the nation’s first Mobile Virtual Network Operator (MVNO) to offer pay-as-you-go wireless communications services specifically targeting the more than 40 million Hispanics living in the United States. The company has teamed with Sprint PCS and Wal-Mart.

Dennis Andrews, Debisys CEO, commented, “We are extremely pleased to offer the Movida Wireless product across our network. Many of our 12,000 locations are in Hispanic communities, and we see the focus of the Movida brand to be on target. Our distributors and their retail locations are anxiously awaiting the rollout across the U.S., and the synergy with our Telcel cross-border top-up is a powerful combination.”

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 company’s POSA network has over 12,000 active terminals and processes over $100m a year in product sales. The company’s Flexcharge and Direct Top Up products allow for PINless recharge of cellular accounts and further reduce operational costs for carriers. For more information, please visit the company web site at www.debisys.com or email info@debisys.com.

MEDIA CONTACT:
Stephen Combe
Debisys, Inc.
949.699.1401 x33
scombe@debisys.com

Debisys Announces Support For The Lipman 8320 Terminal

FOOTHILL RANCH, Calif. (BUSINESS WIRE) – May 1, 2005 – Debisys Inc., a leading provider of prepaid solutions, announced today it is supporting the new Lipman 8320 terminal.

This addition extends the company’s list of supported terminals and ensures its customers have the widest available set of options for deployment.

Brian Hoshiko, Debisys Vice President of Engineering, commented, “The Lipman 8320 is the latest 32 bit architecture and is a true multi-application terminal. We’ve had a lot of demand for it and are pleased to roll out the new version.”

The company supports the following terminals:

• Lipman Nurit 2085
• Lipman Nurit 2030
• Lipman 8320
• Verifone Tranz
• Verifone 3200
• Verifone Omni 3740/3750
• Ingenico Elite family
• PC/Web

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 company’s POSA network has over 12,000 active terminals and processes over $100m a year in product sales. The company’s Flexcharge and Direct Top Up products allow for PINless recharge of cellular accounts and further reduce operational costs for carriers. For more information, please visit the company web site at www.debisys.com or email info@debisys.com.

MEDIA CONTACT:

Stephen Combe
Debisys, Inc.
949.699.1401 x33
scombe@debisys.com