No Borders, Inc. Concludes Agreement with Discount Health Benefit Provider

Business Wire, Nov 17, 2004

LOS ANGELES -- No Borders, Inc., (OTCBB: NBDR) announced today the consummation of an agreement with Discount Development Services, LLC which will provide and maintain a discount health benefit program for all participating No Borders' customers. Each No Borders' customer will have the opportunity to purchase the DDS discount package through the No Borders Stored Value Card Platform for a low monthly fee. The discount health program is not health insurance. The cost is significantly less than the savings the No Borders customer enjoys when sending money back home through the same Stored Value Card Platform.

No Borders is in the business of providing a debit and stored value card and platform through which a variety of financial and commercial services and products can be offered to residents of developing countries and to immigrants from those countries who reside in the United States and send money back home on a regular basis. No Borders offers significantly lower cost money transfers and long distance telephone services, with its initial focus on Mexico and El Salvador. The Company's model for accelerating its penetration into this growing market is based on two components first, by reducing the excessive costs currently charged the consumer by competitors when sending money back home, and second, by offering a full range of financial and commercial services and products to this emerging transnational market, at significantly lower prices, such as the DDS discount health benefit program.

The discount health benefit program is the first of many needed but low cost services to be offered to No Borders' customers through the Stored Value Card and Platform. This initial offering provides significant discounts from the average fees normally charged by physicians (up to 30%), dentists, (up to 50%), Chiropractors (20% to 40%), as well as significant discounts for prescription drugs (15% to 50%), hearing aids and related supplies (up to 20%), and prescription eyewear (up to 50%). The discounts vary depending upon the geographical area and the service or product. DDS has a network of over 250,000 physicians throughout the United States.

The Discount Best Benefits service also offers each customer with 24-hour toll-free access for non-directive medical information. This bilingual information center is staffed by Registered Nurses currently averaging more than 15 years experience.

In addition, in the future No Borders may also provide other Best Benefits products including Podiatrists (20% to 50%), elderly care services (up to 30%) and alternative medical services (up to 25%) and Medical Records Storage and Retrieval Service. This service provides each customer with a "safe deposit box" for vital health information and documents including medical conditions, allergies, medications, emergency contacts, physician contacts, insurance information and advanced directories such as living will and organ donation authorizations.

Jorge Hinojosa, Vice President of Business Development, states, "The Agreement with DDS represents one of the many low cost benefits No Borders will offer its customers. This particular program provides our customers with much needed medical and related services at an affordable cost since a great majority do not have the benefit of health insurance. We looked at a great number of discount programs and found DDS to provide the highest quality service and at a cost that our customer base can afford. The amount each of our customers saves when using our service to send money back home or to speak by telephone to family members back home is well in excess of the monthly charge for subscribing to this discount service."

For further information, contact Al Kau, Investor Relations in California at (888) 795-3166.

Certain statements in this release and other written or oral statements made by or behalf of the company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the company's services and projects and the company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.