Acies Corporation Retains KCSA Worldwide For Financial Communications Services.

NEW YORK -- Acies Corporation (OTCBB: ACIE), a financial services company that specializes in providing electronic payment processing and online banking services to small, medium, and large-size merchants across the United States, announced today that it has appointed KCSA Worldwide as its investor relations counsel.

Commenting on the appointment, Oleg Firer, Chairman, President and Chief Executive Officer of Acies said, "Since entering the public market in July of 2004, we have established a solid operating infrastructure and put in place a foundation for future growth and profitability. We have cultivated key strategic alliances, obtained financing to support our growth initiatives, expanded our management team and have begun executing our business model, which has driven strong top-line results. We look forward to working with KCSA to communicate our recent and future successes to the investment community."

Todd Fromer, Managing Partner of KCSA Worldwide stated, "We are excited to work with Acies Corporation. We believe the Company presents a compelling story and management has expressed a commitment to increase exposure in the investment community. We look forward to communicating Acies' progress and strategic sales growth within the expanding electronic payment processing market."

About KCSA Worldwide

KCSA Public Relations Worldwide is a leading public and investor relations firm with practice areas in public relations, investor relations, corporate and marketing communications, and design and graphics. KCSA is the U.S. partner of European Communication Partners, a network of public relations firms in EEC countries and Canada, and the U.S. member of IR Asia-Pacific Ltd., the world's first network of independent investor relations consultancies. The firm has strategic alliances in Australia, Israel, Russia and South America.

About Acies Corporation

Acies Corporation (OTC BB: ACIE.OB) is a financial services company that, through its wholly owned subsidiary, Acies, Inc., specializes in providing payment processing and online banking services to small, medium, and large-size merchants across the United States. Acies' payment processing services enable merchants to process Credit, Debit, Electronic Benefit Transfer (EBT), Check Conversion, and Gift & Loyalty transactions. Acies also offers traditional and next-generation point-of-sale (POS) terminals, which enable merchants to utilize Acies' payment processing services. Acies' banking services offer customers traditional banking services and the ability for customers to apply for an on-line bank account and pay bills electronically.

For more information, visit http://www.aciesinc.com.

Forward-looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.