Cynergy Data Finds Synergy with Secure Payment Systems (SPS)

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For Immediate Release:

Date: November 18, 2002
Place: San Diego, California
Contact: Steve Eazell-Director National Sales and Marketing
Phone: 1-866-300-3376
Fax: 1-707-836-1979
Email: seazell@securepaymentsystems.com
Web: www.securepaymentsystems.com

Cynergy Data Finds Synergy with Secure Payment Systems

Secure Payment Systems to Provide Stored Value Card Processing For Cynergy Data

Secure Payment Systems, one of the nation's leading check services companies and the only company that provides a truly integrated check conversion and gift card program, and Cynergy Data are pleased to announce that they have developed a strategic alliance to offer SPS's gift card processing services to Cynergy Data's expanding base of merchants through Cynergy Data's extensive list of independent sales offices.

Cynergy Data, one of the nation's leading providers of credit card processing services, will add SPS's versatile and feature rich gift card processing platforms to their existing suite of value added services. Cynergy Data was lauded this year as one of Inc. Magazines fastest growing companies with an astounding growth rate of 510% in the last five years.

"We are definitely excited to be part of such an outstanding group of professionals," commented Steve Eazell, Director-National Sales and Marketing for Secure Payment Systems, "it is no accident that Cynergy Data is experiencing such success in the merchant acquiring arena. It is a pleasure to offer them the capability to bring additional value to their merchant base with our feature rich gift card processing."

"Since our inception in 1995 we have remained focused on our merchant's growth and success," said Cynergy Data President John Martillo. "Gift cards have become extremely important to the merchant community, and it is by always staying in tune with our merchants needs that we have been successful. Now with the addition of SPS superior gift card program we can confidently say that we are continuing with that goal in mind."


About Cynergy Data

As one of the fastest growing merchant acquirers in the nation, Cynergy Data, (www.cynergydata.com) provides an array of electronic processing options to retail, restaurant, mail order, telephone order, and Internet businesses. Services offered include credit, debit and EBT card processing; check conversion and guarantee, electronic gift certificate processing, and equipment leasing and sales. Virtual Merchant Application System, VIMAS, a fully customized software database is also offered. This innovative software database which enables both representatives and merchants to view their account(s) online and perform various functions and reports, is another quality innovation only offered by Cynergy Data.

With corporate headquarters in New York, Cynergy Data has built a solid foundation based on unprecedented service and integrity. Always focusing on the needs held by our Independent Sales Offices, representatives and merchants, Cynergy Data offers pricing, products and programs that fit today's market. For more information about Cynergy Data, please contact:

Danielle Vaughn-Sales and Marketing Director, (718) 463-6200, daniellev@cynergydata.com


About Secure Payment Systems  (www.securepaymentsystems.com)

Founded in 1996 and headquartered in Las Vegas, NV Secure Payment Systems ("SPS") provides fully redundant payment processing solutions to over 10,000 retail, lending, wholesale, and corporate endpoints across North America. SPS facilitates the transfer of value by providing businesses with a full range of transaction processing, reporting, and risk management tools so they may quickly and confidently accept payments, pay vendors, or transfer funds at the POS or on the WEB. These solutions include underwriting and guaranteeing eCheck transaction risk, deferred payment programs allowing consumers to stretch retail purchases up to 18 months, automated origination of recurring & one-time ACH debits and credits, electronic remote check imaging & deposit, gift & loyalty card processing, as well as internal and external third party database verification access for a complete POS risk management solution.


Secure Payment Systems Inc. | 3993 Howard Hughes Pkwy #390, Las Vegas, NV 89169 | www.securepaymentsystems.com | 702.701.8433
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