Cardservice International Celebrates Move to Moorpark With July 3, 2000, Ribbon Cutting.

Business Editors

AGOURA HILLS, Calif.--(BUSINESS WIRE)--June 16, 2000

Cardservice International, the largest privately held company in the credit card transaction industry, will celebrate the relocation of its 800-employee corporate headquarters to Moorpark with a special ribbon-cutting ceremony on Monday, July 3, 2000, from 6 p.m. to 9 p.m.

Cardservice International's relocation celebration kicks off with a building inauguration at the company's new 140,000-square-foot site at 6101 Condor Drive, Moorpark, followed by a tour of the recently refurbished facilities. This site, which occupies more than 17 acres, is the former home of Litton Industries. Cardservice International's President and CEO Chuck Burtzloff and co-founder, Cardservice Executive Vice President Lisa Burtzloff, purchased the property and began renovation in March 2000.

Cardservice International will make this ribbon-cutting a special event for employees, associates and city officials. The company will provide food and beverages, live music, games and carnival booths. The Cardservice International employee family will travel to Arroyo Vista Park to enjoy Moorpark's yearly fireworks extravaganza, which the company sponsored this year for the first time.

Cardservice International, Inc., is the leader in providing credit card transactions to more than 180,000 businesses in the traditional marketplace and on the Internet. The company processes more than 125 million transactions annually and has an annual credit/debit card volume of more than $12 billion.

Cardservice International has more than 800 employees, including a customer service staff of 200 that provides merchant support 24 hours a day, 7 days a week, in more than 140 languages and dialects. With more than 240 offices and 2,500 sales representatives nationwide, Cardservice International is committed to its customers and providing complete merchant satisfaction.

The Cardservice International 75-employee Call Center has already relocated to the Moorpark site, and the rest of the company is expected to move department by department by the end of this year.