MonoBank PLC Officially Launches MonoOne Prepaid Card

MonoBank PLC / Product Launch

12.03.2010 16:17

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London, United Kingdom - (For immediate release) - March 12, 2009 18:30 CET

MonoBank PLC, WKN: A0MRLW, FRK: WNW MonoBank PLC (www.monobank.com), is
pleased to advise that the MonoOne prepaid card program offered by our
wholly-owned subsidiary Mono Prepaid Ltd. has now been officially launched.

The MonoOne Prepaid Card is available for immediate purchase at Mono
Prepaid's website (www.monoprepaid.com ). The Company has also put in place
German speaking customer service capabilities, and will be ready to serve
the European market in English and German, with other languages to follow
as the marketing campaigns is rolled out to the Spanish and other EU
markets.

Company management is extremely pleased to announce this important business
milestone. It has successfully cleared all the hurdles in place, and is now
officially open for business.  It will begin fulfillment of the backlog of
cards that have been requested by consumers and hopes to have the first
cards out in the mail later this week.

The Company will begin actively marketing and promoting the innovative
prepaid card through online channels shortly.
One of the key features of this new card is that there are no transaction
fees charged on purchases for goods and services in the United Kingdom. 
This makes the MonoOne card more attractive to UK Consumers who are
'underbanked', as they may use the card freely for small everyday
purchases.

About MonoBank PLC:
MonoBank PLC, a company incorporated in London, England was founded with
the vision of providing products and services to credit challenged
prospects. The company's mission is to provide a variety of products and
services to the credit challenged and to continue to develop new
first-to-market prepaid and debit card programs, building on consumer
acceptance and brand recognition while ensuring customer satisfaction.

We know that each customer has specific needs. At MonoBank PLC, we strive
to meet those specific needs with quality service and individual attention.
We pride ourselves in giving customers the solutions they are looking for.

Disclaimer & Safe Harbor Statement: 
This release includes forward looking statements, which are based on
certain assumptions and reflects management's current expectations. These
forward looking statements are subject to a number of risks and
uncertainties that could cause actual results or events to differ
materially from current expectations. The Company disclaims any intention
or obligation to update or revise any forward looking statements, whether
as a result of new information, future events or otherwise. 'Safe Harbor'
Statement under the U.S. Private Securities Litigation Reform Act of 1995:
This release contains certain 'forward-looking' statements within the
meaning of the Private Securities Litigation Reform Act of 1995.

Copyright (c) 2006-2010 MonoBank PLC. All rights reserved. 

For further information please contact: 
MonoBank PLC. 
Investor Relations Department
+ 44 (0) 20 7788 7986




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