SPS (Secure Payment Systems) Announces Record Growth

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For Immediate Release:

Date: May 13, 2003
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

Secure Payment Systems Announces Record Growth

SPS Reports 48% Volume Increase Year Over Year (Jan - Apr)

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 is pleased to report that they have achieved a record 48% increase in volume for the first four months of 2003 as compared to the same period last year.

"We are delighted with the results to-date and only see the trend continuing", commented Lin Fellerman, President and CEO. "The broad variety of product and service initiatives, complemented by outstanding service levels, continue to bring us customers and sales agents at unprecedented rates. Naturally, we are all extremely pleased with these results."

"I am not entirely surprised," remarked Steve Eazell, National Sales and Marketing Director. "We continue to make significant strides toward a stronger awareness of our value in the marketplace. Additionally, the merchant acquiring industry has experienced a new reliance on value added services, and we are well placed to take advantage of those needs. We are reaping the rewards of a growing and substantial national base of independent sales organizations".


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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