Acies and JCB
International Credit Card Team Up to Recruit New Merchants in
the New York City Metropolitan Area
NEW YORK, New York, September 16, 2004 – Acies, Inc. a wholly
owned subsidiary of Atlantic Synergy, Inc. (OTCBB: ASGY) today
announces that it has executed an agreement with a Japanese
credit card company JCB International Credit Card Co., Ltd. (“JCB”).
Under the terms of the agreement Acies will directly recruit New
York City metropolitan area merchants to accept the JCB credit
card, and Acies’ independent sales agents can now offer their
customers the ability to accept and process the JCB credit card.
“We believe JCB’s selection of Acies to recruit New York City
metropolitan area merchants to accept the JCB credit card
demonstrates confidence in our ability to sign up new merchants
and offering the additional products and services to Acies’
independent sales agents,” said Oleg Firer, Acies President and
Chief Executive Officer.
JCB is an international credit card brand, and, according to JCB,
the largest credit card issuer and acquirer in Japan. We believe
that this new agreement will create an opportunity for Acies to
realize additional revenue resulting from merchants accepting
and processing the JCB credit card.
“We believe Acies has a strong market presence in the New York
City metropolitan area,” said Ryuji Shinzawa, Senior Vice
President of JCB International Credit Card Co., Ltd. Shinzawa
continued, “Since the New York City metropolitan area is a U.S.
epicenter for international culture, we’re pleased to team up
with Acies to recruit JCB credit card merchants and independent
sales agents in this region.”
According to information provided by JCB: JCB is the fourth
largest credit card brand in the world with over 51.6 million
card members. JCB Cards are accepted at nearly 11.7 million
merchants in 189 countries and territories, including more than
one million in North and South America. JCB has a significant
presence in the Asia & Pacific region and is committed to
further increasing its presence in the United States.
About JCB
According to information provided by JCB: JCB is an
international credit card brand and the largest card
issuer/acquirer in Japan. JCB launched its card business in
Japan in 1961 and began expanding overseas in 1981. Its merchant
network includes 11.7 million merchants and spans 189 countries
and territories. JCB cards are now issued in 18 countries and
territories, with 51.6 million cardmembers. As part of its
international growth strategy, JCB has formed alliances with
more than 320 leading banks and financial institutions globally
to increase merchant coverage and cardmember base. JCB's
corporate philosophy of "Service from the heart", a commitment
to responsive, high-quality service, continues to guide it as it
creates the future together with its customers, merchants and
partners. For further information, please visit the JCB
International homepage at
www.jcb-global.com/english or
www.jcbinternational.com.
About Acies, Inc.
Acies, Inc. (“Acies”) is a financial services company that
specializes in payment processing services to small, medium and
large size merchants across the United States. Acies’ payment
processing services enable merchants to process Credit, Debit,
Electronic Benefit Transfer (EBT), Check Conversion and Gift &
Loyalty transactions. In addition to payment processing
services, Acies’ offers a full-suite of point-of-sale terminals
that enable merchants to utilize Acies’ payment processing
services.
For more information visit http://www.aciesinc.com/.
Forward-looking Statements
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains or may contain
forward-looking statements such as statements regarding the
Company's growth and profitability, growth strategy, liquidity
and access to public markets, operating expense reduction, and
trends in the industry in which the Company operates. The
forward-looking statements contained in this press release are
also subject to other risks and uncertainties, including those
more fully described in the Company's filings with the
Securities and Exchange Commission. The Company assumes no
obligation to update these forward-looking statements to reflect
actual results, changes in risks, uncertainties or assumptions
underlying or affecting such statements, or for prospective
events that may have a retroactive effect.
CONTACT:
Oleg Firer; President and Chief Executive Officer
Tel: 800-361-5540 ext 100
Fax: 212-504-0866
oleg@aciesinc.com
