NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Bank Freedom, a wholly endemic accessory of Prepaid Agenda Holdings, Inc. (Pink Sheets:PPDC), appear today that it is abrogation MetaBank (NASDAQ:CASH). Coffer Freedom intends to activate arising its new prepaid cards through a new arising Coffer in May or June 2011 and appearance out of MetaBank absolutely by November 2011.
“In 2010 we switched processors to abate our processing costs. Our business archetypal back birth has been to action consumers avant-garde prepaid agenda programs with low appraisement and able-bodied features. By switching arising banks we can added abate our cardholder fees after abbreviating our accumulation margins,” declared Bruce Berman, CEO of Coffer Freedom.
Coffer Freedom afresh a MetaBank that it had apprenticed with a new arising coffer for the Coffer Freedom Prepaid Cards. MetaBank afresh a Coffer Freedom that it is not activity to renew the absolute acceding amid Meta and Coffer Freedom which expires November 17, 2011.
About Prepaid Agenda Holdings, Inc.
Prepaid Agenda Holdings, Inc. is a provider of banking casework in the prepaid debit agenda industry. The company, through its wholly endemic subsidiary, offers prepaid debit cards to America’s estimated 60 actor underbanked citizens. In accession to the underbanked customer demographic, baby and mid-size businesses accept begin a abundant bare artefact with the company’s Prepaid Business Expense Agenda Program. With the abbreviating acclaim agenda markets, companies charge a new way to armamentarium employees’ costs added than through acceptable acclaim cards or banknote reimbursements. For added advice about Prepaid Agenda Holdings, Inc. appointment www.PrepaidCardHoldings.com
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the admeasurement that this absolution discusses any expectations apropos approaching plans, banking after-effects or performance, such statements are advanced attractive aural the acceptation of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are accountable to abundant risks and uncertainties. Actual after-effects could alter materially from those advancing in the advanced statements. Readers are cautioned not to abode disproportionate assurance on these advanced statements, which allege alone as of the date hereof and reflect alone management’s acceptance and expectations based aloft anon accessible information. These statements, and added advanced statements, are not guarantees of approaching achievement and absorb risks and uncertainties and the aggregation assumes no obligation to amend any of the advanced statements in this release.
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