AMDS Strengthens Management Team, Gains Over 37 Years of Credit Card and Check Processing Experience

Business Wire, August 25, 2003

Business Editors/High-Tech Writers

MEMPHIS, Tenn.--(BUSINESS WIRE)--Aug. 25, 2003

American Merchant Data Services, Inc. (OTC-PK: AMDS) is pleased to introduce their management team and objectives. They champion over 37 years of credit card and check processing experience.

Current plans are for the continued expansion of their management team, acquisitions, increased market share and the move to a new more liquid exchange called the NASDAQ Small Cap.

Current Management Team:

Mr. Bert Adcock - President and Co-Chairman of the Board

Mr. Adcock is the President of AMDS. Mr. Adcock worked with Concord EFS (CE-NYSE) for over six years. He retained the position as Bert was the former Director of Customer Service for Concord EFS (CE-NYSE). He created the Corporate Accounts Division where he was personally responsible for the signing of corporate accounts. Mr. Adcock is responsible for retail, corporate accounts and Telecheck(TM) sales, banking division alliances, marketing for the company and the creation of new revenue streams.

Mr. Don Latourette - CEO, CFO and Co-Chairman of the Board

Mr. Latourette is the Chief Operating Officer and Chief Financial Officer of AMDS. Don has developed over $30,000,000 in commercial and residential properties and currently owns and manages twenty-one rental real estate properties ranging from warehousing to condominiums with valuations in excess of $4,500,000. Don has also owned and operated a successful concrete and building materials company for thirty years. Don is responsible for all financial operations of the company.

Mr. Jim Darby - COO and Director

Mr. Darby is the Chief Operating Officer of AMDS. Mr. Darby was the former Director of Operations at Concord EFS (CE-NYSE). Jim worked for Concord EFS for 15 years, monitoring all internal Concord EFS NB (National Bank) transactions. Jim is responsible for all inside operations for AMDS and overseeing the Customer Service Group. His expertise insures AMDS will have a smooth contract approval process, from the time a merchant signs a contract until all of their terminals are activated.

Mrs. Angie Browder - Executive Vice President

Mrs. Browder is the Executive Vice President of Corporate Accounts. Angie was the top inside sales representative at Concord EFS (CE-NYSE) and has brought her skills and knowledge to AMDS in developing the Corporate Accounts Division. Angie is responsible for lead generations for the corporate and retail divisions. Angie brings six years of successful experience in telemarketing to the AMDS management team.

About American Merchant Data Services Inc.:

American Merchant Data Service (AMDS) is a "value added" independent sales organization (ISO) engaged in the commercial electronic processing industry. AMDS manages their client's electronic transactions, including debit, credit, check verification, and electronic benefits transactions (EBT). AMDS, through its platform provider First Data, the largest credit card processor in the world, handles on a real-time basis their merchant's transactions, accounting, charge backs, and assistance with customer service, allowing AMDS to maintain low overheads and high margins, and focus on expanding its growing customer base.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by American Merchant Data Services Inc. (AMDS) may differ materially from these statements due to a number of factors. AMDS assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.