Company Profile for Clarity Payment Solutions, Inc

Business Wire, June 6, 2003

Business Editors

--(BUSINESS WIRE)

Clarity Payment Solutions develops prepaid electronic payment solutions and processes payment transactions for emerging and specialty markets. The Company provides solutions for companies in numerous vertical markets that include incentives, consumer promotions, healthcare, insurance, unbanked, teen payments and payroll, transforming their legacy, paper-based payment processes into efficient and cost-effective electronic systems. The Company's proprietary payment processing platform supports multiple payment vehicles such as debit, stored value, chip and private label, and incorporates Internet-enabled and other technologies that are specifically designed to provide competitive advantages within each market. Clarity Payment Solutions is based in New York City with an office in Ohio. For more information visit www.claritycard.com.

Company:                    Clarity Payment Solutions, Inc.

Headquarters Address:       35 West 35th Street
                            2nd Floor
                            New York, New York 10001

Main Telephone:             212-563-4433

Website:                    www.claritycard.com

Type of Organization:       Private

Industry:                   Technology: Software

Key Executives:             CEO: Anil D. Aggarwal
                            President: Jonathan Weiner

Public Relations
    Contact:                X. Dimitrios Dimopoulos
    Phone:                  212-563-4433 (230)
    Email:                  dimitrios@claritycard.com