SOURCE: MediSwipe, Inc.

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August 30, 2013 08:45 ET

MediSwipe Inc. Announces New Agreement With Multiple Colorado Dispensaries to Provide Licenses for Mello Meal™ Boxes, Hemp Beverages and Financial Payment Solutions as State Moves Toward Federal Government Policy Change on Recreational Use

Company as Largest Registration Point Through "" to Medical Marijuana Patients and Physicians Online for State Registrations, Appointments, Card Renewals, Digital Record Storage and Continuing Physician Care to Provide Guidance Data and Services on Medicinal to Recreational Shift

LOS ANGELES, CA--(Marketwired - August 30, 2013) - MediSwipe Inc. ( (OTCQB: MWIP), the leader in Compassionate Care Technology Solutions for the medicinal marijuana industry, today announced that the Company has entered into an agreement with several Colorado based dispensaries to provide Mello Meal™ boxes as secure packaging for edibles and patient medicine on behalf of dispensaries and caregivers, Hemp based beverages including "Chillo and C+Swiss" and begin to provide financial payment solutions for alternatives to cash only transactions for state licensed dispensaries eligible for the recreational market in 2014. 

In a move marijuana advocates hailed as an historic shift, the Obama administration on Thursday began giving U.S. states wide leeway to experiment with pot legalization and started by letting Colorado and Washington carry out new laws permitting recreational use. The decision announced yesterday ended nearly a year of deliberation inside President Barack Obama's administration about how to react to the growing movement for relaxed U.S. marijuana laws.

Advocates for legalization welcomed the announcement as a major step toward ending what they called "marijuana prohibition." The policy change embraces what Justice Department officials called a "trust but verify" approach between the federal government and states that enact recreational drug use.

"Today's announcement demonstrates the sort of political vision and foresight from the White House we've been seeking for a long time," said Ethan Nadelmann, executive director of the Drug Policy Alliance, an advocacy group.

"This very carefully considered approach by the federal government will allow our state to move forward and show the country a way a well-regulated system can be effectuated in a state while still respecting the federal Controlled Substances Act," Washington Governor Jay Inslee, a 62-year-old Democrat, said yesterday at a news briefing in Olympia. 

Colorado Democratic Governor John Hickenlooper, 61, said the state shares the Justice Department's enforcement priorities. The state is "determined to keep marijuana businesses from being fronts for criminal enterprises or other illegal activity," he said in a statement.

"We obviously couldn't be more pleased with the Justice Department's decision on behalf of Colorado and Washington State yesterday. It has always been our position at MediSwipe to bring a sense of legitimacy, security and uniformity to a very fragmented industry in its infancy. We now believe as the largest provider of doctor and patient services, merchant processing and banking network, combined with what we have recently created as vertical product lines for this industry, no Company is in a better position to lead this sector," stated B. Michael Friedman, CEO of MediSwipe.

The action, welcomed by supporters of legalization, could set the stage for more states to legalize marijuana. Alaska could vote on the question next year, and a few other states plan similar votes in 2016.

About MediSwipe Inc.
MediSwipe Inc. ( provides innovative patient solutions and is the leader in Compassionate Care Technology for the medicinal marijuana industry. MediSwipe provides terminal-based service packages and integrated Web Portal add-ons for physicians, clinics, hospitals and medical dispensaries that include: digital patient records, Electronic Referrals, Credit/Debit Card merchant services, Check Guarantee and Accounts.

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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