CardEx Cost-Free Gift Card Proves Successful

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The CardEx "Cost-Free Gift Card™" product launched in April 2008. Available without an initial card plastic fee, Cost-Free Cards have been a hit with organizations of all types and sizes including corporations, marketing and promotion firms and many others. Testimonials continue to pour in from satisfied customers; many of whom were first time customers with very unique requirements.

Card Express Inc (CardEx), a leading provider of prepaid debit cards announced today the results of the "Cost-Free Gift Card™" product launched in April 2008. According to company sources, the results have been astonishing.

Available without an initial card plastic fee, Cost-Free Cards have been a hit with organizations of all types and sizes including corporations, marketing and promotion firms and many others. Testimonials continue to pour in from satisfied customers; many of whom were first time customers with very unique requirements.

Here is just a sampling of the comments received to date:

"They seem to be a hit with our employees and we find it more memorable to give someone a pre-paid debit card than a bonus check for a job well done."
Rebecca F. Geico Direct

"My clients are extremely impressed with the personalized card. I have recommended your service to several other people. It is a great marketing tool."
Michelle Y. Premium Event Services

"The cards are a great thing, and we were very pleased with how easy it was to get a large quantity of cards".
Tony S. Montverde Academy

The company observed that the success of Cost Free Gift Card program was not limited to any particular industry sector, geographic location or program type. There have been substantial card volume growth in non-profits, communications, and construction organizations.

Recent programs utilizing CardEx Cost Free Gift Cards have included:

o Employee and Staff recognition for a Florida university
o Survey gifts and employee rewards for two large hotels in Nevada
o Consumer rebates for a nationwide beverage company
o Consumer promotion for an East coast ad agency with multi-national clients
o Safety Rewards for a mid west manufacturer

CardEx President and CEO, Alan Safahi said, "We've seen a variety of organizations benefit from the CardEx Cost-Free Gift Cards since we introduced them. As we began tallying the uses, and reviewing the customer experience for existing and new clients, we were very pleased with the results. With the economy in the condition that it is and the need for companies to be able to recognize and inspire employees in a prominent yet cost-effective way; we feel like we've hit on something very timely and very necessary with the Cost-Free Gift Card product".

According to the World Economic Outlook released by the International Monetary Fund in April, the U.S. economy will slide into "a mild recession" in 2008 in the face of a major financial crisis as the global economy is losing speed.

"Whether using our prepaid cards for employee reward and recognition, dealer sales incentives, or other corporate payments, our clients expect us to come up with creative and innovative ways to meet their budgetary needs while delivering a world class service. Judging from the recent testimonials and statements of support, we feel that we have been able to accomplish this goal, with new programs such as our Cost-Free Gift Cards. We're therefore pleased to say we'll continue to offer Cost-Free Gift Cards well into the future as part of our total product mix." added Safahi.

About Card Express Inc.

Card Express Inc. (CardEx) is a leading processor of Visa® and MasterCard® prepaid debit cards for Corporate Clients, Financial Institutions, Resellers and Program Managers. Card offerings include Instant Issue Gift Cards, Travel Cards, General Purpose Reloadable Cash Cards, Incentive Cards, Payroll Cards, Virtual Cards, Expense Account Cards and more. CardEx's state-of-the-art processing platform supports prepaid card ordering, fulfillment, tracking, transaction processing, reporting, risk management and customer service functions.

For more information, visit http://www.CardEx.com.

Contact:

Jeff Schuetz, Vice President of Marketing
Card Express Inc.
(714) 221-8556
Jeff.Schuetz @ CardEx.com

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