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ACS Holdings Inc. Announced Today That Cardholders Can Now Load Their Stored Value Debit Cards at Thousands of New Merchant Locations in 34 States.


ORLANDO, Fla. -- Starting Monday, June 21, merchants in 34 states will be able to load the ACS (Asynchronous Communications Server) See network access server.  debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , including its flagship retail product, the Ultima Card(TM) Twin Access Debit Card Pack(TM). Merchants that are enrolled in the www.payallmybillshere.com service can both load the ACS products and use the ACS debit cards to pay a wide variety of utilities, services and merchant payments. "The ability for cardholders to pay their utility and essential services using their ACS debit cards is a major step forward in empowering the unbanked consumer with basic financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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," according to according to
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1. As stated or indicated by; on the authority of: according to historians.

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 Walter H. Roder, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of ACS Holdings Inc.

In addition, ACS has entered into a joint marketing agreement with EmpaSys(TM) Inc., the provider of this service, to market each other's products to participating merchants.

"This greatly increases the ACS merchant base and gives the company the ability to support smaller merchants that do not have credit card terminals Several types of credit card terminals are available to merchants nowadays. Most have the same basic purpose and functions. They allow a merchant to swipe or key in required credit card information and transmit such data to the merchant service provider.  to load ACS' products. For the vast majority of merchants that have credit card terminals, ACS products offer the unique ability to use the merchant's existing credit card terminal to load its products," stated Roder. "We believe this relationship will greatly enhance both parties' businesses," Roder continued.

Merchants interested in enrolling for the Pay All Bill Here service should call 866-367-2797.

For more information about ACS, visit www.ultima-cards.com or call 866-703-7556.

This press release may contain "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) our ability to retain the professional advisors necessary to guide us through our corporate restructuring including, but not limited to, our contemplated transaction with American Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card.  Inc.; (4) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (5) unforeseen costs and expenses; (6) potential litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 with our shareholders and/or former or current investors; (7) the company's ability to comply with federal, state and local government regulations; and (8) other factors over which we have little or no control.
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Publication:Business Wire
Date:Jun 22, 2004
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