InComm to Distribute Poni Cards in North America

Poni Cards enable individuals living in the United States who transfer money internationally to purchase and instantly transfer money to Mexico. The recipient uses a card similar to an ATM card to withdraw peso transfers from over 26,000 ATM machines in Mexico, 24/7. There are no hidden fees charged to the recipient or the purchaser. No bank account or ATM card is required to transfer the funds and the Poni Card includes a free call to Mexico. This call allows the consumer to communicate the redemption number that is needed for the recipient to retrieve the funds. The peso denominated cards will be initially distributed with a 2000 peso face value, although other denominations are planned. When the card is activated at retail check-out, the recipient of the funds may immediately withdraw 2000 pesos from an ATM in Mexico using the number disclosed by the purchaser.

"By delivering this cutting edge remittance technology, InComm's retailer customers will be able to provide the Hispanic community with access, at 145,000 retail locations, to the most convenient remittance option in the world," said Brooks Smith, InComm President and CEO. "InComm is committed to providing our customers with the best pre-paid products available in the marketplace today, and we are very excited to offer American Cash Exchange's Poni Card. Today's announcement reflects our dedication to augment our product offerings for our retailers," he added.

According to Don Licciardello, CEO of American Cash Exchange, "Only Poni Cards provide 24/7 availability when receiving money transfers. Our relationship with InComm ensures that these revolutionary products will be available to the grocery, drug, convenience and 'big box' chains, thereby gaining widespread consumer availability for the solution." Mr. Licciardello added, "This innovative product in the prepaid and remittance industries allows for a complete money transfer 24 hours per day, taking advantage of the ubiquity of cash dispensing machines."