SAN MARCOS, Texas, Jan. 11, 2005 (PRIMEZONE) -- SmallCapReview.com (http://www.SmallCapReview.com), a leading small-cap stock information site, is proud to introduce Payment Data Systems (OTCBB:PYDS) to its database of subscribers and its website audience. The full profile for Payment Data Systems including investor highlights may be viewed at http://www.smallcapreview.com/pyds.htm.
PYDS is an emerging leader in processing ACH (check), credit, and debit card payments, both one-time and recurring, for some of the nation's largest billers and retailers. The same experienced management team that previously took Billserv Inc., from the OTCBB to gain a NASDAQ National Market listing with a peak market cap of $600 million leads Payment Data Systems. As an integrated payment solutions provider, the Company delivers comprehensive, cost-effective solutions for the processing and management of electronic payments via the Internet, point of sale, or payments taken by Customer Service Representatives or an Interactive Voice Response (IVR).
PYDS is experiencing significant revenue growth month over month in both the total dollar value and volume of transactions being processed, the Company believes this growth is in part due to highly competitive product offerings as well as considerable value and ease-of-use for consumers. Additional growth has arisen from PYDS' ability to partner with industry leaders to include Yodlee, Secure Cash Network, and ACH Commerce as well as by transferring customer bases from other portals such as Silicon Investor, GO2NET, Dogpile, Hypermart, and Verilytics.
For the more information on Payment Data Systems please visit http://www.smallcapreview.com/pyds.htm or the company's website at http://www.paymentdata.com.
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Forward Looking Statements
Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management's intent, belief and expectations, such as statements concerning future operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in company filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect businesses and financial results in the future and could cause actual results to differ materially from plans and projections. It is believed that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the company or any other person that objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available. We assume no obligation to update any forward-looking statements, except as required by law.
Disclosure: No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. SmallCapReview.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), SmallCapReview.com will disclose in it's disclaimer, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on our web site. SmallCapReview.com has been compensated eighteen thousand dollars by Payment Data Systems for its efforts in presenting the Payment Data Systems profile on its web site and distributing it to its database of subscribers, this creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at www.smallcapreview.com/pyds.htm.