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Press Release

February 15, 2004, Western States Bankcard Association Announces Contract with Creditdiscovery

Western States Bankcard Association, announced a recently signed contract with Creditdiscovery to provide WSBA's member financial institutions with its latest innovation "Finance Express". This new product supersedes Creditdiscovery's previous product "ISO Express", and now extends its online reach onto the New Accounts Desk at the Financial Institution's Branch. WSBA's Member Financial Institutions will use Finance Express to approve multiple credit and bank account products, all within seconds, using its instant credit underwriting and electronic signature technologies. "Finance Express, with it's ability to approve not only merchant accounts, but other financial institution credit products all at the same time, creates not only true value for our clients, but a competitive advantage for acquiring new members", said Barbara Kelly, Vice President of WSBA. Western States Bankcard, originator of the MasterCharge trademark, has provided card processing and services to the financial industry since 1967. WSBA specializes in managing the acquiring and issuing aspects of the banking industry for its members.

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