Pipeline Data Signs Processing Agreement with Fidelity National Information Services

Business Wire, Jan 30, 2008

QUINCY, Mass. -- Pipeline Data (OTCBB: PPDA), a leading provider of electronic commerce and payment solutions, today announced a new agreement with Fidelity National Information Services (FIS). Under the agreement, FIS, a global leader in the payment processing industry, will provide comprehensive, back-office merchant processing services, including settlement, chargeback processing, retrieval services and customer support.

"After analyzing several providers, our management team determined that FIS is the best choice to support our overall business objectives," said MacAllister Smith, chief executive officer of Pipeline Data.

"We are excited to be working with Pipeline Data," said James A. Susoreny, executive vice president of the Integrated Financial Services division of FIS. "Pipeline is a major player in the industry, and we look forward to providing Pipeline and its clients with top-notch services and leading technology."

About Pipeline Data, Inc.

Pipeline Data, Inc. (PPDA) is a value-added provider of merchant payment processing services and other related software products. The company currently delivers credit- and debit card-based payment processing and related services to small to medium-sized merchants that operate either in a physical "brick and mortar" business environment or over the Internet. Pipeline's payment processing services enable merchants to process traditional card-present, or "swipe," transactions, as well as card-not-present transactions. For more information on Pipeline Data, Inc., visit www.pipelinedata.com.

About Fidelity National Information Services

Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500[R] Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insight in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 9,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.