TengoInternet to Provide Secure Wireless Connectivity for UniCache NonBank Centers

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UniCache NonBank Centers provides critical financial services and wireless internet access to the underbanked population (those without or with limited access to basic financial services).

The Unicache project is an excellent opportunity for our company to apply our skills in new markets

TengoInternet, the oldest and largest wireless Internet provider for the outdoor hospitality industry, and Global Currency Inc., the exclusive North American licencee for UniCache products and services, today announced that they have agreed to a technology partnership which will enable the wide distribution over the next 3 years of up to 8,000 UniCache NonBank Centers throughout the U.S & Canada. UniCache selected TengoInternet to provide redundant, secure wireless connectivity to power their NonBank Centers because of TengoInternet's hardware and experience designing and managing critical networks.

UniCache's NonBank Centers offer a wide variety of secure financial transactions including a revolutionary, instantly-issued, personalized and reloadable prepaid debit card. This card can be loaded at any UniCache NonBank Center using paper currency, coin conversion, check-cashing or free direct payroll deposit. Once loaded with value, the UniCache card can be used to purchase goods and services throughout the world using the payment networks of Pulse, Discover, NYCE, Interac, Link, JCB and China Unionpay. The UniCache Card can also be used to transfer money, pay bills domestically and internationally and to make domestic and international long distance calls. Utilizing TengoInternet's hardware and network, each UniCache NonBank Center also offers secure wireless internet access providing cardholders with account access through handheld devices or laptop computers. Customers will be able to obtain a UniCache Card in First Quarter of 2010 at either a UniCache NonBank Center location or by completing an online application.

"We are very excited to be working with TengoInternet because of their wealth of experience and innovative approach," said A Wayne Olson, CEO, Global Currency Inc. "We selected TengoInternet because of their combination of hardware expertise and management of mission critical network services. We will continue to leverage Global Currency's financial services capabilities and TengoInternet's extensive network capabilities to create additional opportunities to grow our businesses" added Olson.

Providing advanced network connectivity for UniCache NonBank Centers expands TengoInternet's service offerings in the financial services industry to include hardware and backend network services. "The Unicache project is an excellent opportunity for our company to apply our skills in new markets" said Eric Stumberg, CEO and Co-Founder, TengoInternet. "TengoInternet has extensive experience delivering highly reliable network services. For the Unicache project, TengoInternet will also provide additional services to support redundant backhaul, back-office customer management software, platforms for secure transactions, and support of integrated advertising management between the WiFi network, websites, and NonBank Centers."

About TengoInternet

TengoInternet is the largest high-speed wireless internet managed service provider to the outdoor hospitality industry. Headquartered in Austin, Texas, TengoInternet delivers turnkey WiFi solutions for hospitality operators and the guests they serve through its award winning network design, installation, management and guest support services. TengoInternet, and its affiliates collaborating on the Unicache project, currently manage high speed wired and wireless networks for more than 800 RV resorts, campgrounds, hotels and marinas throughout North America. For additional information, visit tengointernet.com or call 512-469-7660.

About UniCache

UniCache International Ltd. was founded in 1999 and owns a patented payment and escrow system that creates personalized, pin-protected, reloadable, prepaid, debit cards for immediate use to purchase goods and services. UniCache was approved as an IIN Block Holder in October 2002 by the International Organization for Standardization (ISO/IEC- 7812, Parts 1 & 2) and entered in the Register of Card Issuer Identification Numbers by authority granted to the American Bankers Association. With this authorization, UniCache independently issues and operates card programs in an international interchange environment. UniCache transactions are fully compliant with the BSA, USA PATRIOT ACT, KYC & OFAC requirements. For additional information, visit unicache.com.

Press Contacts:                             

James Green

Global Currency
Reggie Burton


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