May 14, 2007

NationalCard Processing Systems Reinvents Itself;
Returns to Prominence


Rochelle Park, NJ, May, 2007 . . . During the early nineties, when acquisitions of prominent ISOs were prevalent, NationalCard - ranked by Nilson as the eighth largest non-bank processor - was highly acclaimed and aggressively pursued by industry leaders seeking market growth through consolidation.  The company was acquired by First USA (Paymentech) in 1994.

Today, industry veterans David Schwartz, chief executive officer, and Dick Spigai, president, have returned to the industry to re-establish their once-successful business model and implement new techniques and strategies to attain significant market share.

Schwartz and Spigai have legally reclaimed their company's original name, NationalCard Processing Systems, and have simultaneously developed HealthCard Systems, a sister company that focuses exclusively on the healthcare, personal care and wellness industries.  Headquartered in northern New Jersey, the companies have garnered a wide range of association endorsements, agent bank affiliations and a merchant portfolio of more than 2,500 clients, processing in excess of a half billion dollars.

Global Payments, a worldwide provider of electronic transaction processing services, provides NationalCard with comprehensive front and back end transaction processing services including terminal-based and web-based authorization for all major credit and debit cards, as well as settlement accounting, risk management and technical support.

“We're excited to be back in the industry again and very pleased to align ourselves with Global Payments.  Our relationship with Global has far exceeded our expectations as they continue to provide us with the ongoing support and technical expertise we require.  Dave and I are committed to building meaningful companies with integrity and purpose”, said NationalCard Processing Systems' President, Dick Spigai.

“NationalCard and HealthCard Systems are providing important value-added solutions and business expertise to customers throughout many of today's most demanding and fast growing merchant processing segments,” said Paul R. Garcia, Global Payments' Chairman, President and CEO.  “We are thrilled that our technology, services and people are an integral part of their continued success.”

NationalCard provides a full range of credit and debit card processing services for financial institutions, government agencies, non-profit organizations and retailers throughout the country.  NationalCard offers a comprehensive line of processing solutions that includes all major credit and debit cards, business to business purchasing cards, check verification and guarantee as well as electronic check conversion and gift/loyalty cards.  The company also provides for a full range of point-of-sale terminals and industry focused software/hardware interfaces.

HealthCard Systems is the preferred credit and debit card processing company for the health and personal care industries; exclusively servicing leading spas, personal care and healthcare facilities throughout the country.  HealthCard is committed to providing customized and cost effective card processing solutions to meet the industry's intrinsic needs.



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NationalCard Processing Systems – Corporate Offices
Sherbrooke Office Center II
201 West Passaic Street
Rochelle Park, New Jersey 07662
(201) 845-0400

Christine Spigai, President
On The Mark Communications
(732) 388-9004