Total Visa/MasterCard Charge Volume Rises to $24.2 Million in September 2005 CAMARILLO, Calif., Nov. 8 /PRNewswire-FirstCall/ -- International Card Establishment, Inc. (I.C.E.) (OTC:ICRD) (BULLETIN BOARD: ICRD) is pleased to announce that it is currently acquiring new merchant accounts at the rate of more than 600 per month and expects this growth to continue, based upon the company's expanding ISO Rep program as well as internal sales. The company also reported that its total charge volume for Visa/MasterCard transactions had risen to $24.2 million for the month of September 2005. "We have grown our monthly merchant account acquisitions from 129 in May 2005 -- the first full month that we operated as a direct processor -- to more than 600 accounts in October 2005," said H. Wain Swapp, CFO, I.C.E. "At our current rate of growth, we should be able to reach our target of acquiring 1000 new merchant accounts monthly during the first quarter of 2006. Moreover, our total charge volume has grown commensurately, reaching $24.2 million in September 2005." About I.C.E. http://www.cardnetone.com/ I.C.E. is a rapidly growing provider of diversified products and services to the electronic transaction processing industry. I.C.E. establishes merchant accounts for businesses that enable them to accept credit cards, debit cards and other forms of electronic payments; supplies point-of-sale systems; facilitates processing; and markets a proprietary "Smart Card"-based system through its wholly-owned Neos Merchant Solutions subsidiary (http://www.neosmerchant.com/) that enables merchants to offer store-branded gift and loyalty cards. I.C.E. also provides leasing services to the point-of- sale industry through its GlobalTech Leasing subsidiary. (http://www.globaltechleasing.com/). Forward-Looking Statements This press release may contain forward-looking statements that are subject to risks and uncertainties. Important factors which could cause actual results to differ materially from those in the forward-looking statements, include but are not limited to: the company's short operating history which makes it difficult to predict its future results of operations; the company's initial history of operating losses with possible future losses which could impede its ability to address the risks and difficulties encountered by companies in new and rapidly evolving markets; the company's future operating results could fluctuate which may cause volatility or a decline in the price of the company's stock; the possibility that the company may not be able to price its services above the overall cost causing its financial results to suffer; and other factors detailed in this press release and in future company filings with the Securities and Exchange Commission, at such time as the company is required to report its results of operations under the Securities Exchange Act of 1934, as amended. Contact: H. Wain Swapp 800-905-6367 x532 email: Investor Relations Contact: PAN Consultants, Ltd. Philippe Niemetz, toll-free: 800/477-7570 212/344-6464 email: DATASOURCE: International Card Establishment, Inc. CONTACT: H. Wain Swapp, 1-800-905-6367 x532, ; or Investor Relations: Philippe Niemetz of PAN Consultants, Ltd. for International Card Establishment, Inc., 1-800-477-7570, +1-212-344-6464, Web site: http://www.cardnetone.com/ http://www.neosmerchant.com/ http://www.globaltechleasing.com/

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