September 10, 2008

Sherman Oaks, CA – EDebitPay is awarded the number 27 spot in this year’s Inc. 5000 Top 100 Businesses in the Los Angeles region, based on its achievements and growth. The company was also listed number 28 in the Top 100 Financial Service Marketing Companies, nationally. At number 510 overall in the Inc. 5000 list, EDebitPay saw a 618.2% growth from 2004 through 2007.

“To be listed number 27 of the Top 100 fastest growing companies in the Los Angeles region is a great accomplishment,” comments Bill Wilson. EDebitPay’s focus on consistently providing top converting products with the highest commissions has made it one of the best performance based marketing companies around. With a vast product base, EDebitPay truly is an integrated marketing solution.

Most notable for its financial service products, EDebitPay has expanded into multiple verticals since it started in 2002. Specializing in cash advance, debt consolidation, auto loans, insurance, credit line offers, business opportunities and expanding into education, EDebitPay has expanded into multiple ways to work with its affiliates and marketing partners. The company has become an expert at monetizing data for itself and partners.

Striving to continue as a leader in the prepaid debit card market, EDebitPay also anticipates the use of prepaid debit cards to rise in light of today’s economy. Paul Cleveland, CEO, comments, “In today’s credit crisis, the use of prepaid debit cards will only continue to grow and we are constantly looking for ways to better serve this market. The recognition of this award confirms and validates our continued efforts to accomplish this goal.”

According to FDIC, approximately 13% of American families do not have a bank account. Visa estimates this segment to be approximately $1 trillion in annual income and pays $1.5 billion in annual check-cashing fees. In a recent Forbes.com article, research has shown that prepaid debit card transactions are estimated to amount to $257 billion by 2009, an increase from $63 billion in 2004 in the U.S.

About EDebitPay
EDebitPay was founded in 2002 and has leveraged its strengths in the online performance based marketing and advertising fields to expand into multiple financial service products. Additionally, EDebitPay holds licensing rights to celebrity-branded debit cards such as Johnny Cash and Mother Love. Through its popular Affiliate Network, online marketing services, list management services, lead generation, vast back end of lead buyers, and top converting products, EDebitPay truly offers everything you need in integrated marketing solutions. For more information, visit www.EDebitPay.com.

Related Articles:
Inc. 5000 Ranks EDebitPay No. 510 in 2008
http://www.inc.com/inc5000/2008/company-profile.html?id=200805100

Reuters: EDebitPay, LLC Sponsors ICN (Internet Compliance Network)
http://www.reuters.com/article/pressRelease/idUS119898+22-Feb-2008+BW20080222

Forbes.com: Another Shade of Plastic
http://www.forbes.com/business/2006/05/08/prepaid-debit-cards-cx_lm_0508debit.html

Prepaid Debit Card Research
http://www.researchwikis.com/Prepaid_Cards_Market_Research

Reuters: EDebitPay To Be Premium Sponsor For Ad-Tech
http://www.reuters.com/article/pressRelease/idUS67439+21-Mar-2008+BW20080321