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, Inc

Secure Payment Systems, Inc. (SPS) (www.securepaymentsystems.com) was founded over 6 years ago by Linden (Lin) Fellerman, former 20 year employee and 10 year President of the Telecredit / Equifax Check Services subsidiaries. With over 25 years of entrepreneurial achievement in transaction processing and risk management systems, Lin fosters a hands-on management philosophy resulting in what may arguably be the lowest merchant attrition rate in the industry. He attributes this success, and a 40% annual growth rate, to unprecedented customer service levels that begin and end with a philosophy that empowers sales agents and employees while rewarding and encouraging unusual attention to detail.

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