SOURCE: Mint Technology Corp.

February 25, 2008 13:16 ET

Mint Technology Corp. Announces Payment Card Industry (PCI) Certification

TORONTO--(Marketwire - February 25, 2008) - Mint Technology Corp. (TSX-V: MIT) ("Mint") is pleased to announce it has successfully completed its security audit and achieved full certification as a Level 1 Service Provider under the Payment Card Industry (PCI) Data Security Standard.

"We are very pleased to provide our partners and card holders with this announcement of PCI certification," said Frank Maduri, President and CEO of Mint Technology Corp. "Mint is committed to providing everyone with safe and convenient payment solutions. Achieving PCI certification shows Mint's commitment to providing the highest level of security and peace of mind to all of our card holders."

More information on the PCI Data Security Standard and the PCI Security Standards Council may be found at the following web address: https://www.pcisecuritystandards.org/index.htm.

The PCI Data Security Standard represents a common set of industry tools and measurements to help ensure the safe handling of card holder information and credit card data. Initially created by aligning Visa's Account Information Security (AIS)/Cardholder Information Security (CISP) programs with MasterCard's Site Data Protection (SDP) program, the standard provides a framework for developing a robust account data security process -- including preventing, detecting and reacting to security incidents. In September 2006, the PCI Security Standards Council ("PCI SSC") became the recognized credit card industry standards organization to own, maintain and distribute the PCI Data Security Standard (DSS) and all its supporting documentation.

ABOUT MINT TECHNOLOGY CORP.: Through its wholly owned subsidiaries, Mint is a leading payment solutions company. With its payment platform and prepaid credit card programs, Mint is the first in Canada to facilitate and deploy prepaid credit cards with unique features such as cobranding and loyalty programs, and new wireless payment alternatives such as contactless functionality. The company is headquartered in Toronto, Ontario. www.mint-technology.ca

FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release -- including, without limitation, statements regarding future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • For further information please contact:

    Frank Maduri
    President and Chief Executive Officer
    Mint Technology Corp.
    Tel: 416.581.0001 x242
    Fax: 416.581.1527
    Email Contact