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TheStreet Open House

FiCentive, Inc. And Redpack Announce The Availability Of The Mi Promesa™ MasterCard® Prepaid Card

FiCentive (OTCBB: PYDS), a leading provider of turn-key prepaid card solutions, and its partner Redpack, a leader in package and mail delivery in Mexico and throughout the world, today announced the immediate availability of the new Redpack Mi Promesa MasterCard ® prepaid card.

Cards can be ordered and managed at www.mipromesa.com.

Under a previously announced agreement, FiCentive has created a Redpack branded Mi Promesa MasterCard reloadable prepaid card that will offer US-based clients the ability to fund their own cards as well as those of family members that are also FiCentive Mi Promesa companion cardholders.

FiCentive offers a suite of full-service prepaid card solutions to merchants, financial institutions, and the significant community of consumers whose financial service needs are not being met by the more traditional financial services organizations and products. By offering the Redpack Mi Promesa prepaid cards, FiCentive will leverage the very strong brand of Redpack to provide those underserved clients with a highly adaptable and flexible tool to help them manage their financial needs.

Ms. Sonia Bracamontes, Sales and Marketing Director for Redpack, said, “We are very pleased to be at this point and can officially announce the availability of the new Redpack Mi Promesa MasterCard card program. The Mi Promesa card is designed to be of great value to the underserved market of the unbanked and underbanked Mexican community in the United States. We believe the Redpack brand is well known and is trusted within this community and will therefore add significant credibility to the program.”

Louis Hoch, CEO of FiCentive, said, "We are very proud and excited to be able to announce the availability of the Mi Promesa card program. Redpack is a highly recognized brand among Mexican citizens and the Mexican-American community in general. We believe the relationship with Redpack and the company’s deep relationship with this community will position the card program for success like no other card has ever enjoyed in this extremely important market segment.”

About Redpack

Redpack is a 100% Mexican company founded in 1991.

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