POSA TECH, INC. Information

POSA Tech offers a unique and differentiated prepaid services delivery system comprised of propriety software, terminal hardware, and professional services. The Company's solution is highly differentiated from traditional POSA solutions currently available from vendors like VeriFone and Hypercom, while offering numerous advantages over prepaid hard-card programs. Our approach offers the ability to perform point-of-sale activation, provides the flexibility to offer an unlimited number of prepaid services, delivers cost advantages and inventory efficiencies, theft reduction, automated clearing house (ACH) services to retailers and credit card processing. POSA Tech's program offers great benefits to retailers, agents, distributors, and prepaid service providers, which create important partnerships without disrupting traditional industry relationships. The company's objective is to offer cost-effective, flexible solutions that facilitate electronic distribution of prepaid services from suppliers or distributors to retail points of sale. Our solutions are scalable which enable us to partner with carriers, distributors and retailers and quickly grow sales at relatively little additional overhead, increasing profitability among all parties. POSA Tech's programs reduce or eliminate inventory costs, out-of-stocks, and theft, while providing premier web based reporting and inventory management for all parties in the distribution chain of prepaid services.