Category: 2010

Emida Deploys Mobile Wallet Service Worldwide

FOOTHILL RANCH, California, December 15, 2010 (MarketWire) – Emida Technologies, a global leader in prepaid solutions, announces that its Cash and Transact™ (CAT™) Mobile Wallet platform has been integrated with its industry leading Debisys direct top-up platform. This means that the most difficult element of any m-wallet system, the cash-in network, is solved for all Emida customers in the 37 countries where Emida systems are deployed. CAT™ is specifically designed for developing markets where customers do not have bank accounts, credit or debit cards.

CAT™ Mobile Wallet is a simple-to-use application for loading cash, or e-value, to any phone. Customers can then send money to any other phone, pay bills, pay for goods and services, get cash out, buy content like ring tones and airtime, play the lottery, and even shop on the internet using the cash on the phone.

Dennis Andrews, Emida’s CEO, in announcing the integration of CAT™ Mobile Wallet to Debisys Top-Up, noted that, “The difficult part of any mobile wallet solution is the distribution. For the past 12 years, Emida has been managing complex hierarchal airtime distribution networks with 5 and 6 commission levels for distribution of airtime.”

He goes on to say,  “Another difficult aspect of mobile wallet is creating the network of shops and retail locations where consumers can register to use the services in a country, load value to the phone, and give customers access to the cash on their phone, day or night, 24/7. Emida has been doing this with top-up for years.”

CAT™ Mobile Wallet is an enterprise grade software platform suitable for large mobile operator networks and financial services providers. CAT™ uses some of the highest levels of encryption available, and allows service providers to comply with Know Your Customer [KYC] and Anti Money Laundering [AML] requirements of the regulators. The reporting features of CAT™ enable service providers and regulators to monitor activity in real time, and ensure compliance and liquidity issues can be addressed easily.

“Our first CAT™ Mobile Wallet deployments are in Nigeria, where two of our clients have been awarded mobile wallet licenses last week,” said Gregory Lee, General Manager of Emida’s CAT™ Mobile Wallet unit. “The integration of Debisys and CAT™ Mobile Wallet will ensure that our clients will be able to maximize their revenue opportunities, fully comply with regulatory requirements, and offer a full suite of settlement and reporting tools for their mobile wallet services.”

About Emida

Emida is a leader in the global prepayment and value transfer market, operating in 37 countries including the U.S., Mexico, 21 countries in the Caribbean, Panama, El Salvador, Belize, Papua New Guinea and 7 other countries in the South Pacific, as well as the United Arab Emirates and two markets in Africa. We support a network of more than 46,000 retail points with an annual dollar payment volume in excess of $1.4B, processing more than 180 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.

For more information, please visit www.emida.net or email info@emida.net.

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MEDIA CONTACTS:

Greg Lee

Emida

+ 44 7733057233

glee@emida.net

Lisbeth Cabrera

Emida

+ 1 (949) 860-3559

lcabrera@emida.net

Emida Announces Realignment to Better Serve Customers

FOOTHILL RANCH, California, November 15, 2010 (Business Wire) – Emida CEO Dennis Andrews announced a corporate realignment that emphasizes one of Emida’s strategic objectives to strengthen customer relationships through exceptional service.

From January to September of this year, the volume of transactions Emida processed increased more than 43% and is expected to increase more than 74% for the entire year.  After the tremendous growth Emida has seen in recent months, it has become apparent that realignment is an advantageous technique for enhancing Emida’s ability to scale up and manage delivery of quality, high-volume systems.

Now operating in 36 countries and processing more than 20 million transactions a month, Emida will not lose sight of how they got here. Effective immediately, Emida is expanding General Management ranks and their defined roles. Each General Manager is now clearly aligned with a specific geography and has been given more resources to address and directly manage the challenges and opportunities that exist within each geography.

Emida CEO Dennis Andrews commented that “while [he] views these changes as necessary and significant, they are very much in line with Emida’s trajectory and rely on key and proven Emida players to grow and elevate their contribution to its customers.”

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 54,000 retail points with an annual dollar payment volume in excess of $1.5B, processing more than 240 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.

For more information, please visit www.emida.net or email info@emida.net.
Media contact: Traci Benincosa, Emida; +1 949-699-1401 x1311; tbenincosa@emida.net

Emida Partners With H2O Wireless to Offer the H2O SIM Starter Kit Program

FOOTHILL RANCH, California, September 30, 2010 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has partnered with H2O Wireless to offer the H2O SIM Starter Kit program which provides merchants and distributor partners with a flexible and profitable prepaid solution.

“Due to the growth we have seen on the H2O unlimited prepaid products, making a SIM card option available to our distribution channel is a natural fit.  Already we have seen a tremendous initial response from partners who are quickly recognizing the financial benefits of the SIM card program. Further they are excited that the SIM program is so easy to manage and that it can become revenue generating so quickly” explains Traci Benincosa, Director US Sales Operations.  “Merchants who previously were apprehensive about managing handset inventory are finding this to be a flexible means by which to enter that arena.”

Through the H2O SIM Starter Kit program, Emida partners can purchase product in orders of 25 or more. The H2O SIM Starter Kit works with any unlocked GSM phones, including the iPhone. H2O Wireless provides freedom of choice for customers to pick their own calling plans and mobile handsets. The calling plans are easy to activate through a 24/7 website or automated-IVR. The Unlimited Nationwide plans start from $40 a month that comes with Unlimited Talk, Unlimited Text and $10 of Free International calling. For those who want access to data service, $49.99 a month plan comes with Unlimited talk, text, MMS plus $20 of FREE International Calling and 50 MB of web which can be used to browse the Internet, access webmail or link up with friends on social network sites.

“We [H2O Wireless] are proud to be expanding our successful H2O SIM Starter Kit program with Emida, the industry-leading prepaid solutions provider.  Our relationship with Emida makes H2O Wireless service extremely accessible throughout the US,” commented Jack Woo, Director of Wireless at Locus Telecommunications. He added, “H2O SIM Starter Kit is an innovative product that allows consumers to reuse their existing GSM phones and receive exceptional value H2O Wireless offers including the ever-growing unlimited talk and text plans.”

The SIM Starter Kit is a proven and easy way to build revenue and increase in-store traffic by offering a true inventoried product. H2O Wireless provides dealers with a web portal for provision, top up, troubleshooting, live chat and more.

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 46,000 retail points with an annual dollar payment volume in excess of $1B, processing more than 180 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.

For more information, please visit www.emida.net or email info@emida.net.

Media contacts: Martyn Fricker, Emida; + 949-699-1401 x 1322; mfricker@emida.net
Traci Benincosa, Emida; +1 949-699-1401 x1311; tbenincosa@emida.net

About H2O Wireless

H2O Wireless is a nationally recognized no-contract wireless service and a registered trademark of Locus Telecommunications, Inc.  Locus, headquartered in Englewood Cliffs, NJ, is an established, leading provider of long distance, wireless, point-of-sale and carrier services and a subsidiary of KDDI, a $40-billion global leading carrier. H2O always puts its customers first, delivers reliable access to advanced, affordable telecommunications products and services that meet their needs at home and around the globe. Currently, the prepaid wireless and calling card products reach consumers through more than 70,000 locations nationwide. Locus serves more than 300,000 wireless customers and generates over 500 million network minutes per month.

For more information, please visit www.h2owirelessnow.com.

Media contact: Grace Hahn, Locus, + 201-585-3654; graceh@locus.net

Emida Announces Affiliation with Recarga Veloz

FOOTHILL RANCH, California, September 14, 2010 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, announced today it had joined forces with Recarga Veloz S.A., a leading prepaid mobile distributor in Honduras.

“Today, Recarga Veloz forms a new and exciting part of Emida.  It’s already a major distributor in Honduras but it also supports growing cross-border traffic from the USA and is expanding into other Central American countries.  This transaction fits well with our strategy of identifying and partnering with the best in key geographies,” stated Dennis Andrews, Emida’s CEO.

“We are excited to become part of the Emida family,” said Agustin Torres McDonough, Director at Recarga Veloz. “Emida has global presence and a strong reputation with carriers and distributors in our region. This is what we needed to take our successful business to the next level.”

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, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visitwww.emida.net, www.emidaespanol.net, www.emidaasia.com or email info@emida.net.

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MEDIA CONTACT:

Martyn Fricker

Emida

949-699-1401 x 1322

mfricker@emida.net

Emida Announces the Launch of emidaASIA

FOOTHILL RANCH, California, September 7, 2010 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has announced the launch of emidaASIA. Singapore based emidaASIA will deliver Emida’s proven technology to partners across Asia.

Wireless operators and distributors in the region can expect the same high standards of product and service from emidaASIA, building on Emida’s strong reputation in other regions. Markets for prepaid electronic top-up, mobile wallet and other value transfer products in Asia are growing rapidly. Establishing a base of operations in Singapore will enable emidaASIA to serve this dynamic region more efficiently.

Managing  Director & co-founder of emidaASIA, Alexander U. Conrad, is spearheading the initiative to bring Emida technology to partners across Asia.

Mr. Conrad said “We’re eager to be bringing Emida’s market-tested technology to Asia, a region with a rich legacy of innovation in commerce technologies. Just as the world’s first paper banknotes from China’s Song Dynasty, and the trade routes of the Silk Road revolutionized commerce, mobile payments technologies in Asia will build new ecosystems that will significantly change the future dynamics of trade. This is an ideal time to enter the market and play a role as an innovator on the 21st Century’s Silk Road.

We’re delighted to be partnering with Emida to extend and enhance their already considerable success in other regions of the world, and we are grateful for the support and confidence Emida’s visionary founder/CEO, Dennis Andrews.  We expect to have our first partners in several Asian markets online by year end 2010, who will benefit from the value of Emida technology in 2011 and beyond.”

Emida CEO Dennis Andrews said “The entire Emida team is tremendously excited about the launch of emidaASIA which has already been in the works for some time. I personally have a more than an eleven year affiliation with co-founder, Director of Business Development, Caroline Di Diego, who has encouraged and supported both me and the direction of Emida since the very beginning. We wish Mr. Conrad, Ms. Di Diego and their team good fortune as they move forward with emidaASIA”.

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, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visitwww.emida.net, www.emidaespanol.net, www.emidaasia.com or email info@emida.net.

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MEDIA CONTACT:

Martyn Fricker
Emida
949-699-1401 x 1322
mfricker@emida.net

Emida Announces Nine New Products and Services for U.S. Market

FOOTHILL RANCH, California, August 25, 2010 (MarketWire) – Emida, a leader in the global prepayment and value transfer market, has announced nine new products and services that add significant revenue options for Emida’s U.S.-based customers.

For the past three years, Emida has consistently expanded their products and services offering. This year, they add new top-up, bill pay and money transfer options, among others. The complete list of new products and services includes: International Top-Up, AT&T Post Paid, Mobile Net Pin-Less, Homies No Mas, Medcuida, Wallie-Card, ReachOut Wireless, and extended money transfer and bill payment services.

Each of the new products and services is designed to give Emida’s clients more flexibility, more value add and better customer retention. The new International Top-Up option allows consumers in the U.S. to add minutes to mobile phones worldwide in real-time – and the sender only needs to know the number they are topping up. AT&T Post Paid brings new real-time bill payment convenience for AT&T wireless customers, and Mobile Net Pin-Less lets consumers add international long distance to existing phone lines without any connection or maintenance fees.

A fourth new product that opens new market segments to Emida and its U.S. customers  is ReachOut Wireless, a government assisted cellular services for income eligible households, provided by Nexus Communications, Inc. ReachOut features caller ID, call waiting, 3-way calling, voicemail, nationwide long distance, unused minutes roll over, and minutes never expire. ReachOut is available in 25 states and allows prepaid denominations of $5.00 (25 minutes) to $50.00 (700 minutes).

In addition to the new products and services mentioned above, Emida has also teamed with highly respected Giromex to offer money transfer with over 10,000 pay out locations in Mexico, and they’ve teamed with IPP to provide all-in-one bill payment solutions to unbanked customers. Rounding out the new offerings are Homies No Mas, an easy-to-use service that allows users to make long distance calls anywhere in the world at low, discounted rates, Medcuida, a prepaid medical membership product for users in both the U.S. and Mexico, providing a range of health-related services including 24×7 unlimited medical assistance by phone, and Wallie-Card, a prepaid internet payment option accepted at over 1,600 websites worldwide for online games, music and video downloads, and virtual communities.

Ron Kraft, Emida’s Vice President/General Manager of North America stated, “Our nine new products and services are the perfect complements to our existing portfolio of highly respected flagship products. In today’s economy, our customers need more options to compete. It’s our job to continue to evolve our brand, and in doing so, allow our U.S. ISOs to build a bigger and better portfolio in order to attract a broader customer base, which translates into more revenue for them and better options for their customers.”

Dennis Andrews, Emida CEO added, “It’s become our tradition to launch market-leading products and services at TPP Expo each year, and we look forward to the excitement from our U.S. ISOs and the market overall. We never stop developing and implementing products and services that consumers demand. In giving consumers what they want and need, we make our customers the go-to source for all things prepaid. And that’s a win-win for everyone.”

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 46,000 retail points with an annual dollar payment volume in excess of $1B, processing more than 180 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.

For more information, please visit www.emida.net or email info@emida.net.

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MEDIA CONTACTS:

Martyn Fricker

Emida

949-699-1401 x 1322

mfricker@emida.net

Traci Benincosa

Emida

949-699-1401 x1311

tbenincosa@emida.net

Emida Wins Contract from The Bahamas Telecommunications Company

FOOTHILL RANCH, California, 16 August 2010 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has announced it has been contracted by The Bahamas Telecommunications Company (BTC) to provide prepaid mobile recharge services.

“We are delighted to be partnering with BTC, the premier telecommunications provider serving The Bahamas. This adds another major carrier to our significant coverage in the Caribbean. We look forward to establishing great services for BTC customers and anticipate tremendous take-up in real-time prepaid recharge” stated Dennis Andrews, Emida’s CEO.

“Emida was a clear winner of our open tender process and we are excited at the prospect of working with a regional and global market leader in prepaid recharge services,” said Marlon Johnson, BTC VP for Marketing & Sales. “We are confident this announcement will lead to better services for our customers.”

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, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visit www.emida.net, www.emidaespanol.net or email info@emida.net.

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MEDIA CONTACT:

Martyn Fricker
Emida
949-699-1401 x 1322
mfricker@emida.net

Emida Partners With IPP to Provide a Convenient Bill Pay option Across the US

FOOTHILL RANCH, California, July 19, 2010 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has partnered with IPP of America Inc. (IPP) to provide consumers with an easy and reliable way to make payments on their monthly bills.

For 17 years IPP has been the leading independent national network of neighborhood based payment centers and process over 23 million transactions annually.  At the national and local level, consumers can pay utility, cable, phone, credit card, insurance, and department store bills among many others through the IPP network.  Providing competitive rates, and expanding biller list, the IPP solution is a natural fit to the Emida’s growing network of merchant solutions.

Rick Auletta, Chief Operating Officer of IPP says, “Our experience with Emida has been positive and we are looking forward to helping them build a comprehensive retail consumer payment offering by adding the IPP retail bill payment solution.  There continues to be strong demand for retail bill payment services in the market representing a great opportunity for both firms.  We look forward to continued success with Emida.”

“Emida is constantly looking for new products to round out our portfolio of merchant offerings,” says Ron Kraft, VP/GM North America.  “Bringing on a product like IPP resonates well with our customer base and target consumer.  The IPP bill pay offering is a popular addition to Emida’s growing suite of payment solutions.”

If you are interested in this or any of the other products and services offered by Emida, please contact us atinfo@emida.net.

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, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visitwww.emida.net, www.emidaespanol.net or email info@emida.net.

Media Contact: Martyn Fricker, Emida; +1 949-860-3522; mfricker@emida.net

About IPP

IPP of America Inc. (“IPP”) a leading provider of retail electronic payment services operates the largest national network of independent neighborhood-based payment centers, providing reliable and safe electronic payment services to cash paying customers.  Through their payment settlement network, IPP authorized payment centers offer a wide array of financial services including domestic and international bill payment.  The company’s payment center network currently extends to over 17,000 location nationwide.  For more information visit www.ipppays.com.

Emida Announces Mobile-net PIN-Less International Calling

FOOTHILL RANCH, California, June 9, 2010 (Business Wire) – Emida Technologies, a leader in the global prepayment and value transfer market, has partnered with Mobile-net to distribute its PIN-Less International Calling product on Emida’s US network.

Mobile-net, a full service, FCC licensed, Long Distance Carrier, has developed a strong reputation in the area of international calling over the course of its 15 years in business.  Mobile-net PIN-Less International Calling service has many unique, powerful features including: supporting cellular, landline and IP phones for prepaid or postpaid accounts from any US provider; eliminating the need to remember or enter a PIN code to make an international call; enabling real-time “top-ups” in variable amounts from $5 to $200; offering savings of up to 90% on competitive international calling services (without hidden maintenance, connection or monthly fees and  with one minute call rounding); and providing full 24/7 multilingual customer support online where, for example, customers can view call records and financial history plus register up to 99 phone numbers per account.

Avi Yroshalmiane of Mobile-net says, “We believe our PIN-Less International Calling product is a perfect fit for Emida’s existing prepaid customer base and we look forward to building a strong partnership with Emida.”

Traci Benincosa, Director of North American Operations for Emida, says, “Emida is excited to add this new product to our line-up.  We believe it provides an easy and effective alternative to hard cards and PIN-based service for customers to procure reliable International Long Distance.”

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, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visitwww.emida.net, www.emidaespanol.net or email info@emida.net.

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Media Contact: Martyn Fricker, Emida; +1 949-860-3522; mfricker@emida.net

Emida Launches Spanish Version of Website

FOOTHILL RANCH, California, May 12, 2010 (Business Wire) – Emida, a leader in global prepayment and value transfer, has completed development on EmidaEspañol.net (www.emidaespanol.net), the company’s Spanish version of their website.

“Our Spanish website serves two purposes,” explained Martyn Fricker, Emida’s Director of Marketing and Business Development. “First, to better serve our existing and growing Spanish-speaking customer base in Mexico, the Dominican Republic, Ecuador, El Salvador, Honduras and Panama.  Second, to improve our communications with the growing number of Spanish-speaking visitors who come to our corporate website. This was a large motivating factor for the new service, since over 50% of new visits to www.emida.netcome from people in countries where Spanish is the primary language, including Argentina, Chile, Columbia, Guatemala, Peru and Spain.”

“Emida believes we only stay at the forefront of our industry by listening to and better serving our customers,” said Dennis Andrews, CEO, Emida. “The addition of EmidaEspañol.net represents a new way of serving markets and an exciting step into the future of our business.”

Emida’s entire corporate website has been translated, with the exception of press releases dated prior to this week’s launch date. Future press releases that are relevant to Emida’s Spanish-speaking customers and regions will be translated and made available on EmidaEspañol.net on the date of release. In addition, Emida provides quick links on both sites so that customers can move easily between the English and Spanish language sites.

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, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visitwww.emida.net, www.emidaespanol.net or email info@emida.net.

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Media Contact: MartynFricker, Emida; +1 949-860-3522; mfricker@emida.net