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News for Mint Technology Corp. |
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Breaking
News
Mint Reinforces Leadership In Prepaid
Credit Card Sector By Launching Innovative Technology
09:50 EDT Wednesday, August 30, 2006
Company Positioned To Address Global Demand For Prepaid Credit Cards
FSC / Press Release
Mint reinforces leadership in prepaid credit card sector by launching
innovative technology
Company Positioned To Address Global Demand For Prepaid Credit Cards
Toronto, Ontario CANADA, August 30, 2006 /FSC/ - Mint Technology Corp.
(MIT - TSX Venture),
Mint Capital Corp., a subsidiary of Mint Technology Corp. (TSX-V: MIT),
announced today the upcoming release of its next generation prepaid
platform that will help Mint maintain its leadership position in the
prepaid industry.
The new platform will allow Mint to better serve its customers and
dramatically improve its operating margins during the next phase of the
Company's growth.
Mint's new applications and enhanced capabilities will include support
for:
? Instant issuance of prepaid credit cards at retail locations
? Automated application approvals
? Multiple loading options
? Real-time transaction updates
? International currencies and languages
? Complete suite of products, including payroll, travel, government
benefits and gift cards
Mint entered this market less than a year ago with the launch of
Canada's first fully featured and reloadable prepaid credit cards.
Mint's ability to accomplish a major system upgrade within such a short
timeframe demonstrates its capacity to react very quickly to the
demands of its clients and the marketplace. In this respect, Mint
continues to successfully demonstrate its commitment to executing the
business plan initiated earlier this year aimed at establishing Mint
into a focused, efficient and competitive global provider of prepaid
services.
-30-
For more information please contact:
Mich Ahern
Public Relations, Mint Capital Corp.
c:416.454.8060
o:416.581.0001, EXT. 216
About Mint Technology Corp.
Mint is a leading payment solutions company. Through its' payment
platform and prepaid credit card programs, Mint is the first in Canada
to facilitate and deploy prepaid credit cards with unique features such
as co-branding and loyalty programs, and new wireless payment
alternatives such as; prepaid credit cards with contactless
functionality. The company is headquartered in Toronto, Ontario.
The TSX venture exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This news
release may include statements about future events and/or financial
statements that are forward looking in nature, subject to risks and
uncertainties.
Maximum News Dissemination by Filing Services Canada Inc.
Ph: (403) 717-3898 Fx: (403) 717-3896 www.usetdas.com
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