International Card Establishment Neos Merchant Solutions Unit to Provide Cashless Event Management System to Queen Mary 'Wine Sh
15 Novembre 2006 - 12:00PM
PR Newswire (US)
10,000 Visitors Expected to Attend CAMARILLO, Calif., Nov. 15
/PRNewswire-FirstCall/ -- International Card Establishment, Inc.
(I.C.E)(OTC:ICRD) (BULLETIN BOARD: ICRD) today announced that its
gift and rewards unit, Neos Merchant Solutions Inc., has signed an
agreement to provide a Cashless Event Management System (CEMS) to
Wine Show Extraordinaire 2007, a three day event that will be held
at The Exhibit Hall at The Queen Mary in Long Beach, California, on
February 23, 24, 25. The event will feature over 200 renown
domestic and international winemakers and winery exhibitors, as
well as other exhibitors including: local area restaurants, artists
and local artisans. The Wine Show Extraordinaire 2007 is a
celebration of fine wines, gourmet foods and art. Upon entering The
Exhibit Hall visitors will find themselves transported back to the
grand old days of the ship's nautical prime, regaling in the
indulgences of wine and gourmet foods while strolling between
artists' exhibits. Visitors will learn about the perfect wine
pairings and what makes a dish fit for royalty from and chefs.
General admission is set at $50, and attendees will receive a
special gift card to be used for wine and food tastings in addition
to being eligible for gift giveaways of items such as restaurant
dining vouchers, airline tickets and wine stemware that will be
held every 15 minutes during the event. There will also be a
special $65 opportunity prize drawing that will include a Jeep
Liberty, the latest iPod Video players, and a half-dozen 42" flat
screen televisions. Lastly, there will be a $175 Gala dinner and
dance party, which will include a Library Wine Auction (an auction
of rare and expensive wines). Proceeds from the event will go to
the Long Beach Educational Foundation, an organization that
supports the local public school system. Neos Merchant Solutions'
CEMS for Wine Show Extraordinaire 2007 -- which can be configured
to use any smart card on the market -- will employ R & R Card
Systems, Inc.'s breakthrough CDplus Connect Card, which combines
the powerful information delivery mechanism of a CD with the
proprietary applications of a smart card. This card, powered by
Neos Merchants' CEMS will entitle the holder to receive wine pours
in exchange for a swipe of the smart card "passport." This results
in an extremely rapid transaction, which in turn leads to higher
sales as lines are greatly reduced in length. Neos Merchants
Solutions CEMS provides event organizers the ability to enable
their customers to purchase goods and services at a venue using
stored value cards and payment terminals. The individual
transactions are to be performed in an "off-line" environment that
reduces overall transaction time and reduces cash management
problems. CEMS provides a "back office" settlement solution and
management of card based purchase transactions performed in the
vendor Point-of-Sale terminals. The system performs all the tasks
required to configure telecommunications support for Vendor Payment
Terminals operating the Event application for transaction storage
and settlement of Purchase Value. "Long Beach's Wine Show
Extraordinaire 2007 represents our initial entry into the growing
festival market and will give us an opportunity to showcase our
Cashless Event Management System," said H. Wain Swapp, President,
Neos Merchant Solutions. "We expect the use this event as a
springboard to a number of other events in the coming months. In
addition, demonstrating the value our system to a large number of
merchants should enable us to acquire new gift and rewards and
credit card processing customers." About Neos Merchant Solutions
http://www.neosmerchant.com/ Neos Merchant Solutions is full
service payment processing company offering a turnkey solution to
today's retail merchants. Neos offers custom application
development, electronic payment processing, card personalization
services, terminal integration & deployment, and customer
support. As an application developer, Neos has developed a variety
of scalable smart card and mag stripe card applications utilizing
all of the elements of stored value and frequency/loyalty card
programs and services. Neos integrates its proprietary software to
many of today's POS terminal and cash register interfaces. In
addition, Neos offers one of the most robust internet-based
transaction collection and database reporting systems in the
marketplace today. 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 that enables
merchants to offer store-branded gift and loyalty cards. About R
& R Card Systems, Inc. http://www.cdplusconnectcard.com/ R
& R Card Systems, Inc. is the innovative leader in plastic card
technology. The company produces interactive multimedia,
multi-application smart cards melding the latest plastic card and
CD/DVD technologies. 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 Chief
Financial Officer, I.C.E. 800-905-6367 ext. 532 email: or Investor
Relations Contact: PAN Consultants, Ltd. Philippe Niemetz,
toll-free: 800/477-7570 212/344-6464 email: DATASOURCE:
International Card Establishment CONTACT: H. Wain Swapp, Chief
Financial Officer of I.C.E., 1-800-905-6367 ext. 532, ; or Investor
Relations Contact, Philippe Niemetz of PAN Consultants, Ltd. for
International Card Establishment, 1-800-477-7570, +1-212-344-6464,
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