PONTE VEDRA BEACH, Fla., July 8 /PRNewswire-FirstCall/ -- FNDS3000 Corp. (OTC:FDTC) (BULLETIN BOARD: FDTC) (Frankfurt: "FT4," A0MWLG) is announcing a shareholder update. FNDS3000 Corp has acquired the assets of a U.S. based company that markets credit and debit card programs to merchants and employers throughout the U.S. The company annually processes in excess of $150 million generating approximately $1,000,000.00 in annual revenue. Michael Dodak, CEO of FNDS3000 stated, "We are pleased to announce the acquisition of a large and growing company with a base of installations in the U.S. The purchase provides us with proprietary software solutions for the virtual POS/internet market and an Electronic Funds Transfer platform for our U.S. and worldwide customers. This enables us to line extend our current product offering to existing and new customers and can be used advantageously in a cross-selling market strategy. The completion of this transaction allows us to generate revenue beginning this month, in tandem with our launch and delivery of debit cards to our South African customers. These activities position us to achieve our revenue, profit and EBITDA goals for 2008 and 2009." Joe Tumbarello, COO of FNDS3000 stated, "FNDS3000 now has a unique set of business skills and products. We can provide a turnkey solution for prepaid card issuing and merchant processing virtually anywhere in the world. Our efficient organizational structure enables us to react quickly to tailor client-centric products. The management talent of the company, along with our global products and vision will catapult FNDS3000's revenues and profits." About FNDS3000 Corp FNDS3000 Corp is a financial services company providing prepaid card and merchant processing solutions. We provide prepaid cards to a market with over 1 Billion individuals worldwide who do not have bank accounts, estimated at over $100 Billion in annual revenue. Our products allow employers to replace payroll checks for all workers. In addition, employers can use our products in lieu of cash to pay employees -- this may be greater than 50% of the worldwide working population. Domestic and international sharing of money, similar to Western Union(TM), is a key feature of our solution. This market is estimated to be over $100 Billion annually. Many of our products carry worldwide brand marks and can be used anywhere in the world that accepts those brands. Other services include gift cards, bill pay, prepaid cellular and other prepaid products. Our merchant processing solutions provide comprehensive credit, debit, and check card payment programs. We are dedicated to the service and profitability of our merchants. The combination of card issuing and merchant processing enables FNDS3000 to provide turnkey financial transaction solutions to virtually any market worldwide. Matters discussed in this press release contain forward looking statements as defined under the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risk and uncertainties, which could significantly impact the actual results, performance or achievements of the Company. Such risks and uncertainties include, but are limited to, the time frame for production of revenue, product development and commercial introduction, the impact of rapid price and technological change and competition, manufacturing and supply uncertainties and other risks as may be detailed from time to time in the Company's periodic reports filed with the Securities & Exchange Commission. Contact: David Fann President FNDS3000 Corp. 904-273-2702 http://www.fnds3000corp.com/ DATASOURCE: FNDS3000 Corp CONTACT: David Fann, President, FNDS3000 Corp., +1-904-273-2702, Web site: http://www.fnds3000.com/

Copyright