International Card Establishment Enrolls in Investrend Shareholder Empowerment Program


NEW YORK, July 12, 2004 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate:

International Card Establishment, Inc. (OTCBB:ICRD) has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a financial intelligence provider.

Criterion research coverage will be initiated by Investrend Research analyst Bhavesh Shethia. Investrend Research is located on the web at http://www.investrendresearch.com, and the analyst's qualifications are at http://www.investrend.com/articles/secondlevel.asp?level=238.

International Card Establishment, Inc. is a rapidly growing provider of diversified products and services to the electronic transaction processing industry. I.C.E. establishes merchant accounts for businesses that enable them to accept credit cards, debit cards and other forms of electronic payments; supplies point-of-sale systems; facilitates processing; and markets a proprietary "Smart Card"-based system that enables merchants to offer store-branded gift and loyalty cards.

For more information, visit: http://www.cardnetone.com.

An InvestorPower(tm) page has been created regarding the company at http://www.investrend.com/company/list.asp?sPathParam=yes.

Bhavesh Shethia is a senior analyst with independent research firm ValueNotes Database. He is an M.B.A. from Rice University, Houston, U.S.A., and has 15 years of equity and industry research, including competitor analysis and marketing strategy. He has worked for portfolio management companies, including Venghiattis & Co., Houston; and Indian stock-broking firms, and has also been a portfolio advisor and a fund manager.

Following the issuance of the report, the analyst will summarize the report on "AnalystBroadcast," available at Investrend Broadcast (http://www.investrendbroadcast.com), in partnership with VCall (http://www.vcall.com).

Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 70 qualified professional analysts posting more than 700 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the "Criterion" research platform is $8,940, which has been paid by the company. Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage.

Anyone interested in receiving alerts regarding International Card research or webcasts should e-mail contact@investrend.com with "ICRD" in the subject line, or click on http://www.investrend.com/contact.asp.



            

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