Morgan Beaumont Inc (fka MBEU)

[Golden Cross]

Morgan Beaumont to Present at Prepaid Card Expo; Visit Morgan Beaumont at Booth #15
Wednesday February 15, 6:05 pm ET


BRADENTON, Fla., Feb. 15 /PRNewswire-FirstCall/ -- Morgan Beaumont, Inc. (OTC Bulletin Board: MBEU - News), a premier technology solution provider to the Stored Value and Prepaid Card market and owner of the SIRE Network(TM), today announced that it will be attending, exhibiting and presenting at the inaugural 2006 Prepaid Card Expo to be held at the Buena Vista Palace in Orlando, Florida on February 15-17, 2006. The event is being sponsored by Prepaid Media, a leading provider of media and information services to the prepaid and stored value card industry.
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In addition, Erik Jensen, President of Morgan Beaumont, will be a panelist for the "Online and Offline Loading" session under the Unbanked, Underserved and Payroll track. This session will be from 2:15-3:15 p.m. on Friday, February 17th and will explore the current and future state of loading strategies, including the loading process, necessary information capture, and the consumer experience.

The 2006 Prepaid Card Expo is the first conference to be dedicated entirely to the rapidly expanding network-branded-prepaid and stored-value card industry and will feature four primary tracks targeting different segments of the industry, including: Unbanked, Underserved, Payroll (including reloadable general purpose, remittance, and payroll cards); Healthcare (including health reimbursement account (HRA) cards, flexible spending account (FSA) cards, and health savings account (HSA) cards); Consumer (including travel, branded gift, promotion and rebate, and teen cards); and Corporate and Government (including incentive cards, insurance claim cards, and network branded prepaid cards deployed in government applications).

Morgan Beaumont, Inc. is a Technology Solutions Company located in Bradenton, Florida, and is one of the premier providers of Stored Value and Prepaid Card Solutions in the United States. The company has developed the SIRE Network(TM), a secure, reliable, point of sale (POS) and PC based software platform that connects retail merchants with multiple Stored Value/Prepaid Card Processors and Issuing Banks, in addition to private transaction networks and IVR and CRM technology. The company owns and operates the SIRE Network as a standardized, national network of Stored Value and Prepaid Card cash load stations located throughout the United States. Morgan Beaumont is a MasterCard Third Party Processor Member Service Provider (TPP MSP) and a Visa Independent Sales Organization (ISO). To learn more about Morgan Beaumont, please visit http://www.morganbeaumont.com .


Contacts: Erik Jensen, President
Morgan Beaumont, Inc.
941-753-2875

Ken Dennard, Managing Partner
[e-mail]
DRG&E / 713-529-6600