MediSwipe Inc. (www.MediSwipe.com) (OTCBB:MWIP), and its wholly owned subsidiary 800 Commerce www.800commerce.com, a leading company specializing in merchant payment solutions and financial products for the medical health care industries and mobile payment industry, today announced that the company has filed its 10Q financials for the second quarter 2011, and signed new merchant services agreements the first week of August for wellness centers and Internet businesses exceeding one million dollars in annual gross processing volume. Under the newly signed agreements, MediSwipe will provide merchant services, cash advance, debit and loyalty cards and personal digitized healthcare records to wellness centers and medical dispensaries located in Colorado and California as well as provide merchant services to e-commerce and additional high risk merchants. The Company has also expanded merchant agreements this month to the 800 Commerce division covering non-medical related merchant agreements including e-commerce sites, penny auction sites, credit repair.

"We have spent the last two quarters cleaning up our balance sheet, dissolving consulting agreements by prior management and retiring over 10% of our outstanding common stock. Further effort was placed on completing the research and development of our closed loop MediSwipe cards, completing our name change, the transition of new management and solidifying our banking relationships. We have also cemented important strategic alliances with MMR Global and www.mymedicalrecords.com to provide personal health records to thousands of our patients at low cost monthly fees, and www.800.com, which will provide toll free numbers, efaxes and voicemail along with our merchant processing services for both online and bricks and mortar businesses. We have already surpassed revenues for last quarter this month, and we urge our shareholders and new investors to continue to mark our progress as our portfolio of clients and pipeline of revenue grows dramatically over the short term," stated B. Michael Friedman, CEO of MediSwipe Inc.

About MediSwipe Inc.

MediSwipe Inc. (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.

CONTACT: MediSwipe Inc.
         Investor Relations:
         305-396-9097
         info@MediSwipe.com
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