SOURCE: MediSwipe, Inc.

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December 19, 2012 11:50 ET

800 Commerce Inc. Announces Merchant Processing Agreements Exceeding Ten Million Dollars Monthly Processing Volume

Company Updates Shareholders on S-1 Registration Statement Filing

LOS ANGELES, CA--(Marketwire - December 19, 2012) -  800 Commerce (www.800Commerce.com), a provider of white label mobile and payment solutions for business, today announced merchant agreements signed in September have now exceeded Ten Million Dollars $10,000,000 in gross merchant processing volume for the months of October and November. The Company will have received approximately $75,000 in revenues (agent commissions) for the three concurrent months. 

With regard to the pending record date and spin-off of 800 Commerce from MediSwipe (OTCQB: MWIP), 800 Commerce has filed the first amendment to the Form S-1 on Friday December 7, 2012 with the Securities and Exchange Commission. Upon effectiveness of the registration statement, the board of directors of MediSwipe will set a record date whereby all shareholders of MediSwipe will pro rata participate in the distribution of the 800 Commerce shares owned by MediSwipe.

B. Michael Friedman, MediSwipe's CEO, stated, "The Amended filing of the 800 Commerce S-1 Registration Statement demonstrates our commitment to add shareholder value and begin to commercialize our mobile technology assets. We are pleased to be able to offer MediSwipe shareholders of record a stock dividend in 800 Commerce, giving our investors the opportunity to participate in two distinct plays, the first within the exciting healthcare and medical marijuana sector through MediSwipe, and the second, within the mobile payments and marketing sector through 800 Commerce," further stated Friedman.

About MediSwipe Inc.
MediSwipe Inc. (www.MediSwipe.com) offers a full spectrum of secure and reliable transaction processing and security solutions for the medical and healthcare industries, using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) payment solutions. The Company now also offers digitized personal health records in conjunction with Industry Alliance Partners and e-commerce businesses specializing within the healthcare sector.

About 800 Commerce Inc.
800 Commerce (www.800Commerce.com) provides white label mobile and payment solutions for business designed to drive return on investment for high-volume clients and/or customized branded advertisers. Our platform and tools are designed to enable large brands or anyone with substantial reach to utilize the mobile device as a new means to communicate. Communication might be in the form of an advertisement or offer, coupon or reminder message in voice or Short Message Service (SMS). Regardless of the form, our platform can drive value and cost savings for companies large and small and the ability to drive contextually relevant advertising messages to the right audience.

FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of MediSwipe Inc. to be materially different from the statements made herein.

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