SOURCE: Mutual Merchant Services, Inc.

October 22, 2008 07:00 ET

Mutual Merchant Services Forms Marketing Alliance With Zion Systems to Provide Wireless Processing Services to Christian Organizations Nationwide

THOUSAND OAKS, CA--(Marketwire - October 22, 2008) - Mutual Merchant Services (PINKSHEETS: MUTM) (German WKN# A0Q8CV) today announced it has formed a strategic marketing alliance to provide mobile market credit card processing services to Christian organizations and to businesses nationwide with Zion Systems, LTD.

Zion Systems concentrates in the non-profit sector and is dedicated to providing mobile payment capabilities and text messaging campaigns. It is anticipated that Zion could bring tens of millions of dollars per month in credit card processing volume by early 2009, and could continue to grow from there as more and more organizations are reached. Its founder and president, Luis Moreno, chose Mutual Merchant Services to implement Zion Systems' nationwide ministry outreach mobile donation program. Mr. Moreno is the former head of Morris Cerullo World Evangelism, a Christian ministry which is one of the largest in the world, reaching over 200 countries.

"Through Luis' extensive relationships, Mutual Merchant Services will have tremendous business development opportunities throughout the evangelical Christian community as well as in the secular business world," said Gil Gillis, CEO of Mutual Merchant Services. "This marketing alliance should translate into significant and increasing amounts of credit card processing volume."

About Mutual Merchant Services

Mutual Merchant Services is a single source provider of financial services, offering a variety of products and services to merchants, financial institutions, and banks. Services offered include credit and debit card acceptance, check guarantee, check verification, check conversion, check 21, advance funding, ACH check processing, prepaid and bill pay services. Mutual Merchant Services also provides point of sale software, hardware, and e-commerce products.

Forward-Looking Statements

This release includes "forward-looking statements" from the Company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. These forward-looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.

Contact Information

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