LOS ANGELES, Dec. 22, 2011 (GLOBE NEWSWIRE) -- MediSwipe Inc. (www.globenewswire.com/newsroom/ctr%3Fd=240519%26l=1%26a=www.MediSwipe.com%26u=http%253A%252F%252Fus.lrd.yahoo.com%252FSIG%253D14ds5i7s2%252FEXP%253D1324906429%252F%252A%252Ahttp%25253A%252Fwww.globenewswire.com%252Fnewsroom%252Fctr%25253Fd%253D239429%252526l%253D1%252526a%253Dwww.MediSwipe.com%252526u%253Dhttp%2525253A%2525252F%2525252Fwww.MediSwipe.com">www.MediSwipe.com) (OTCBB:MWIP), a merchant payment solutions and financial products company for the medical health care industry, and its wholly owned subsidiary 800 Commerce Inc. (www.globenewswire.com/newsroom/ctr%3Fd=240519%26l=1%26a=www.800Commerce.com%26u=http%253A%252F%252Fus.lrd.yahoo.com%252FSIG%253D1m1ci1aa9%252FEXP%253D1324906429%252F%252A%252Ahttp%25253A%252Fwww.globenewswire.com%252Fnewsroom%252Fctr%25253Fd%253D239429%252526l%253D1%252526a%253Dwww.800Commerce.com%252526u%253Dhttp%2525253A%2525252F%2525252Fus.lrd.yahoo.com%2525252F_ylt%2525253DAi4D_7nfH5hTGVnud305OyGduodG%2525253B_ylu%2525253DX3oDMTFqc2Fobm1zBG1pdANBcnRpY2xlIEJvZHkEcG9zAzQEc2VjA01lZGlhQXJ0aWNsZUJvZHlBc3NlbWJseQ--%2525253B_ylg%2525253DX3oDMTJ0Ymg4YWlkBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDNmY0NTE4NGEtMTc5Ni0zNTc1LTk1NWItZjMzYzljMjgyMmZhBHBzdGNhdANuZXdzBHB0A3N0b3J5cGFnZQR0ZXN0Aw--%2525253B_ylv%2525253D0%2525252FSIG%2525253D14hidc023%2525252FEXP%2525253D1323783915%2525252F%2525252A%2525252Ahttp%252525253A%2525252Fwww.globenewswire.com%2525252Fnewsroom%2525252Fctr%252525253Fd%2525253D232424%2525252526l%2525253D1%2525252526a%2525253Dwww.800Commerce.com%2525252526u%2525253Dhttp%25252525253A%25252525252F%25252525252Fwww.800Commerce.com" target="_top" rel="nofollow">www.800Commerce.com), a leading enabler and turnkey e-commerce solution provider including mobile payment solutions, today announced over two million dollars ($2,000,000) in merchant processing transactions on behalf of client Rx Pharmacies, wellness centers and retail merchants for the months of November and December. These numbers are not consolidated and do not include the 800 Commerce division.
"We are extremely pleased to be maintaining our status as a leading financial payment provider for the alternative wellness sector going into the new year. Presently, we are working with existing and new clients to migrate them over to the new mobile payment and commerce card system providing tracking of transactions, loyalty and rewards offered by our partners ar SparkBase and PayCloud. We have also entered into agreements in which we will be offering the sale of an exclusive line of nutraceuticals through MediSwipe via online storefronts and our health merchant network. We look forward to a very prosperous year for our shareholders as we believe our present marketplace simply does not reflect all we have in our pipeline and our go forward plan," stated Michael Friedman, CEO of MediSwipe Inc. "Further, we have retained a new independent auditing firm as of Thursday this week to finally complete the independent audit of 800 Commerce so that we may file the S-1 spin-off of the division as originally announced. Details will be announced in a form 8-k filed within the next 3 days," added Friedman.
Merchants interested in more information on the merchant processing, mobile payment and the nutraceutical line for their business should contact the Company at 615.252.4099
About MediSwipe Inc.
MediSwipe Inc. (www.globenewswire.com/newsroom/ctr%3Fd=240519%26l=6%26a=www.MediSwipe.com%26u=http%253A%252F%252Fus.lrd.yahoo.com%252FSIG%253D14dt54gc1%252FEXP%253D1324906429%252F%252A%252Ahttp%25253A%252Fwww.globenewswire.com%252Fnewsroom%252Fctr%25253Fd%253D239429%252526l%253D5%252526a%253Dwww.MediSwipe.com%252526u%253Dhttp%2525253A%2525252F%2525252Fwww.MediSwipe.com" target="_top" rel="nofollow">www.MediSwipe.com) offers a full spectrum of secure and reliable transaction processing and security solutions for the medical and healthcare industries, using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) payment solutions. The Company now also offers digitized personal health records in conjunction with Industry Alliance Partners. MediSwipe offers reliable merchant payment solutions and closed loop pre-paid stored value and loyalty cards as a unique cash alternative to these regulated and e-commerce businesses specializing within the healthcare sector.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of MediSwipe Inc. to be materially different from the statements made herein.