Bank Freedom Launches Spanish Website For Its Bank Freedom Prepaid MasterCard® Card Program

Radio and Internet Marketing Campaign Roll Out Planned For June Focused On The Spanish-Speaking Community

IRVINE, Calif.--(BUSINESS WIRE)--Bank Freedom, a wholly owned subsidiary of Prepaid Card Holdings, Inc. (Pink Sheets:PPDC), today announced that it has launched a Spanish version website for its Bank Freedom Prepaid MasterCard^® Card program.

Visitors can now go to http://www.bancolibertadtarjeta.com and order a Bank Freedom Prepaid MasterCard from a website entirely in Spanish. Bank Freedom has always had bilingual customer service agents and a bilingual website for its customers to access their prepaid card accounts. However, to help new Spanish-speaking customers better understand the benefits of the product they are ordering, the company is releasing this new card enrollment website.

Bank Freedom intends to air a radio campaign this month entirely in Spanish on several Spanish radio stations located in the Unites States. The company also plans to market its Bank Freedom Prepaid MasterCard through its established internet marketing network.

Bruce Berman, Founder and CEO of Bank Freedom, stated, “There is a great need for our product and until now we have not been able to directly reach the Spanish-speaking community in the United States. Our prepaid cards provide a much needed service with nominal costs. With a Bank Freedom Prepaid MasterCard card, a consumer can eliminate their reliance on check cashing services and money orders, and they are safer than cash and accepted worldwide.”

About Bank Freedom

Bank Freedom has recently entered the prepaid card industry with its Bank Freedom Prepaid MasterCard. The BankFreedom Prepaid MasterCard is issued by MetaBank pursuant to license by MasterCard International Incorporated. According to market data available, there are between 40 and 80 million people in the United States who don't have a bank account or who can't qualify for a credit card because their credit scores are too low. This is called the under-banked market. The emerging prepaid card solutions offered by Bank Freedom can act as a card account and payment solution for those people who do not use banks or credit cards. For the under-banked, the evolution taking place with prepaid cards can replace their reliance on check cashing centers, money orders, and the inability to buy certain products that require a major credit card.

For further information contact Ryan Guenthart at 877-237-6260 ext. 110 or visit the Company website at www.BankFreedom.com.

About Prepaid Card Holdings, Inc.

Prepaid Card Holdings, Inc. is a publicly traded holding company whose current holdings consist of a 100% interest in the Berman Marketing Group, Inc., a multi channel direct market firm specializing in direct response marketing through Television, Radio, Internet and Print media and Merchant Processing International Inc. DBA Bank Freedom.

For further information contact Ryan Guenthart at 877-237-6260 ext. 110 or visit the Company website at www.PrepaidHoldings.com.

About MetaBank

MetaBank is a federally-chartered savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc.^® is the bank holding company for MetaBank, MetaBank West Central, Meta Payment Systems^®, and Meta Trust Company ^®. The Meta Payment Systems division of MetaBank based in Sioux Falls, South Dakota, serves banks, processors, and third party marketers by providing prepaid cards, credit cards, ACH origination, merchant acquiring, ATM sponsorship, and money transfer. Meta Financial Group is traded on the NASDAQ – Global Market: CASH.

For more information visit http://www.metacash.com.

Certain statements contained in the above are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations and statements of future economic performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from what is currently anticipated. The Company cannot guarantee its future results, levels of activity, performance or achievements.