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AMERICAN EXPRESS BRINGS SUIT AGAINST MASTERCARD FOR FALSE ADVERTISING OF BUSINESS CREDIT CARDS; STANDS BY CORPORATE CARD ADS

 NEW YORK, April 5 /PRNewswire/ -- American Express Travel Related Services Company, Inc., today announced it filed a countersuit in New York Federal Court against MasterCard for unfair competition and false advertising of its business credit cards. This action was part of American Express's response to a suit brought by MasterCard challenging an American Express Corporate Card ad campaign. The company says MasterCard's suit has no merit.
 The countersuit challenges MasterCard advertisements for their cost control claims and claims of travel servicing capability.
 -0- 4/5/93
 /CONTACT: Nancy Muller of American Express, 212-640-2479/
 (AXP)


CO: American Express Travel Related Services Company, Inc.; MasterCard ST: New York IN: FIN ADV SU:

TS-GK -- NY016 -- 2912 04/05/93 09:57 EDT
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Publication:PR Newswire
Date:Apr 5, 1993
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