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 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.

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

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