Money Centers of America News

Money Centers of America Signs ONswitch Licensing and Financial Services Agreement With The Ho-Chunk Nation, Continuing the Growing Trend to Eliminate Outsourcing of Casino Cash Access Services

KING OF PRUSSIA, Pa., June 18 PRNewswire-FirstCall — Today Money Centers of America (OTC Bulletin Board: MCAM) a provider of Cash Access, the ONswitch(TM) Transaction Management System, and Financial Networks for the gaming industry announced it has entered into a licensing and financial services agreement for its ONswitch(TM) Transaction Management System with The Ho-Chunk Nation in Black River Falls, WI. Under the agreement, The Ho-Chunk Nation will be licensed to use the ONswitch(TM) Solution to leverage their existing infrastructure to internally deploy cash access and merchant card processing. ONswitch(TM) empowers The Ho-Chunk Nation to take back control of the guest experience and will generate an anticipated internal rate of return in excess of 37%. Money Centers of America will provide its proprietary technology, training, support, and maintenance services that will generate first year revenue of approximately $9,600,000.

"If in today's economy the status quo requires elimination of a measurable and recurring source of meaningful new profits from a gaming operation, it's our obligation to disrupt the status quo and create real sustainable value for our customers," said Christopher Wolfington, Chairman & CEO of Money Centers of America. "The ONswitch(TM) Agreement with the Ho-Chunk Nation is much more than catching lightning in a bottle. It ignites a new era in the cash access segment of the gaming industry," said Wolfington.

"When you consider the circumstances and resulting volatility this year with casino cash access companies that exposed significant financial and operational risks, we had a responsibility to evaluate the alternatives to outsourcing cash access services," said Joseph Decorah, Executive Director of Business for the Ho-Chunk Nation. "By unveiling the industry protected business paradigm associated with cash access transactions, Money Centers of America was able to clearly demonstrate how the ONswitch(TM) solution seamlessly integrates into our existing infrastructure and that our current transaction volumes virtually locked in an internal rate of return of 37%," said Decorah.

About Money Centers of America

Money Centers of America, Inc. provides cash access, the ONswitch(TM) transaction management system, and financial networks to the gaming industry, utilizing a customer-centric approach that is aimed at leveraging technology, generating value, and creating measurable results in profitability, customer satisfaction and loyalty. For a complete corporate profile on Money Centers of America, Inc., please visit our corporate website at http://www.moneycenters.com.

Safe Harbor

All statements in this document that are not historical are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Money Centers of America's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Money Centers of America's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled 'Factors that May Affect Future Results and Financial Condition' in Money Centers of America's annual report on Form 10-K for the year ended December 31, 2007. Money Centers of America expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained in this document.

SOURCE Money Centers of America, Inc.

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