Phonecard PIN Management Pty. Ltd. Selects Q Comm’s Prepaid Transaction Processing Platform to Launch Australian Service Bureau for the Electronic Distribution of Prepaid Services

(Orem, UT) – October 21, 2003 – Q Comm International, Inc. (Amex: QMM; QMM.WS), a provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions, today announced that Phonecard PIN Management Pty. Ltd. (PPM) of Sydney, Australia, has purchased and installed its server systems, licensed its transaction processing platform, and will purchase Qxpress 200™ POSA (point of sale activation) terminals for the electronic distribution of prepaid services in Australia.

Orem, UT (PRWEB) October 23, 2003 -of-

sale (POS) distribution solutions, today announced that Phonecard PIN Management Pty. Ltd. (PPM) of Sydney, Australia, has purchased and installed its server systems, licensed its transaction processing platform, and will purchase Qxpress 200™ POSA (point of sale activation) terminals for the electronic distribution of prepaid services in Australia.

With Q Comm’s servers, transaction processing platform, and Qxpress 200 POSA terminals, PPM has a turnkey solution set that enables it to run its own electronic distribution service bureau in Australia. Both PPM and Q Comm will earn ongoing transaction fees for each transaction that is processed through the system in the future.

PPM has already begun the process of acquiring agreements to electronically sell prepaid services through the Q Comm system. PPM has signed a sales agreement with Alpha Telecom Pty. Ltd., to sell their prepaid long distance services electronically through Qxpress POSA terminals. PPM has also secured a strategic marketing agreement with Alpha whereby Alpha’s sales representatives will introduce the Qxpress 200 POSA terminal to Alpha’s entire retail network of more than 5,000 locations throughout Australia that sell Alpha services. These independent retailers consist of news agencies, convenience stores, grocery stores, and others. “In a way, Alpha’s sales force of approximately 20 sales reps just became the sales force of PPM and Q Comm,” says PPM director, David Smith. Smith says that Alpha Telecom is Australia’s third largest and fastest growing prepaid long distance phone card service provider. PPM and Alpha plan to begin rollout of Qxpress 200 POSA terminals in November 2003. Smith says that Alpha currently sells most of its prepaid long distance in the physical, scratch-voucher format and is anxious to replace as much of it as possible with the Q Comm electronic distribution system to achieve cost savings, better product management, and accelerated growth.

Retailers also benefit by replacing physical prepaid vouchers with e-vouchers (electronic vouchers) that are printed on demand by Qxpress 200 POSA terminals. By converting to the electronic system, retailers will eliminate most of their inventory costs, theft and stock outages of prepaid services. The system efficiently, securely and electronically moves product PINs from service providers to retailers that have the Qxpress 200 POSA terminal. When an end-user consumer requests a prepaid service at the retail location, the retail associate or clerk will access the terminal via a personalized password and print the PIN and other product information on a durable, thermal card, which resembles traditional long distance phone cards in size and shape.

Smith says that the ability to print durable cards on demand with Qxpress 200 POSA terminals sets his service apart from any other in Australia. “Other companies print product PINs on thermal roll paper which is inadequate for long distance products that are generally used several times before being discarded,” says Smith. “With the Qxpress terminals, we have a unique and distinct advantage in the prepaid long distance arena as we are the only ones who print on durable cards. We hope to leverage this advantage to gain a sizable footprint in Australia.”

In addition to establishing a retail network for the electronic distribution and sale of prepaid long distance, PPM also plans grow its business by adding other prepaid products and services, such as prepaid mobile airtime, to the Qxpress 200 POSA terminals.

Smith is excited about his prospects in Australia. He says that in addition to a uniquely positioned solution provided by Q Comm, the prepaid long distance market is growing in his country. “The market has been recently deregulated which is resulting in substantially lower phone card rates and increased consumer interest,” says Smith. “Based on revenues, the Australian phone card market grew about 20 percent in the last 12 months and the future looks good.”

Smith concludes, “we are very happy to be aligned with Q Comm. In addition to the unique features of the Qxpress terminal, we chose Q Comm for the power of its back office solutions. Q Comm’s transaction-processing engine is far more comprehensive than any competing products that we saw during our research of electronic distribution providers. Q Comm has already been onsite in Sydney, installed our transaction-processing center, customized it for our needs, and we are now operational. Now we look forward to driving business through it.”

Stephen C. Flaherty, president of Q Comm International said, “we are pleased to be working with Phone Card PIN Management. They are a quality, new company with great ambition, sound growth strategies, and a powerful marketing partner. We believe they will do well as a premier, transaction-processing service bureau in the Australian market and we look forward to working with them in a mutually prosperous relationship.”

ABOUT PHONECARD PIN MANAGEMENT, PTY LTD.:

Phone Card PIN Management was established in 2003 and is headquartered in Sydney, Australia. The company was formed to address the needs of Australian service providers and retailers who struggle on many fronts to distribute prepaid telecom services through traditional scratch-card or physical-voucher formats. The Company offers efficient, electronic distribution of prepaid services through retail outlets via a combination of transaction processing and point-of-sale activation (POSA) terminals as acquired from Q Comm International. The Company’s main goal is to help service providers and retailers replace physical voucher distribution with efficient, electronic retail methods.

ABOUT Q COMM INTERNATIONAL:    

Established in 1992, Q Comm International provides proprietary prepaid transaction processing and information management systems that facilitate electronic recharge or distribution of prepaid products from service providers or their distributors to retail points of sale. Q Comm’s solutions replace traditional hard cards (also known as scratch cards or vouchers) that are costly to distribute, and provide more comprehensive reporting and inventory management among other benefits. In concert with its proprietary data center platform, Q Comm’s point-of-sale terminal, Qxpress 200™, is currently used by wireless carriers or mobile operators, telecom distributors, and various retailers to sell a wide range of prepaid products and services including prepaid wireless or prepaid mobile, prepaid phone cards, prepaid dial tone and prepaid bank cards, such as prepaid MasterCard. Visit http://www.qcomm.com for more information.

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This press release contains forward-looking statements involving risks and uncertainties that may cause actual results to differ materially from those indicated due to a number of factors, including shortages of raw materials, the company’s financial condition and cash flow, PPM’s financial condition and cash flow, PPM’s ability to enter into agreements with providers of prepaid products and services, and general economic conditions. The company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive, regulatory and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the company’s control. Therefore, there can be no assurance that the forward-looking statements will prove to be accurate. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

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Contacts:

Jeff Salzwedel

Salzwedel Financial Communications

+1 (503) 638-7777

Paul Hickey

Q Comm International, Inc.

+1 (801) 226-4222, ext. 3301