IndigiNet Launches New World Card as Distributor for Global Vision Holdings

IndigiNet Launches New World Card as Distributor for Global Vision Holdings

NEWPORT BEACH, Calif., Dec. 20 /PRNewswire-FirstCall/ -- InDigiNet, Inc., (BULLETIN BOARD: IDGC - News) , a provider of managed communication solutions for Small to Mid-Size Enterprises (SMEs) in the United States, is pleased to announce that the Company has signed on as a distributor for a new bank "World" electronic debit card with Global Vision Holdings, Inc., (Pink Sheets: GVHL - News), of La Jolla, California.

"Global Vision launched a new bank debit card for the worldwide marketplace," stated InDigiNet CEO Mark Ellis. "Their new 'World Electronic Debit Card' is a debit card branded by a major international credit/debit card issuing association and network, and each card will carry the brand's flag and hologram to attract cardholders as a prestige product. Global Vision's newest card product can be issued to people worldwide with official identifications and verifiable addresses. It can be used at more than 800,000 ATM's worldwide and POS terminals with PIN-pads, as well as for Internet purchases. The cards can be issued instantly at any registered employer or retail location, and are re-loadable via direct online payroll deposit, Interactive Voice Response (IVR), card-to-card transfer or retail location loading. Its applications include international or multinational employee payroll, retail or gift cards, travel cards, student cards, affinity group cards and fund transfer cards."

"It's not everyday that one has the opportunity to work with someone who has made such a profound impact on our daily lives. Mr. Jack Chang, Global Vision's CEO, is the developer and patent co-holder of the Automated Teller Machine. Yes, those ATM's that we all use to withdraw cash. We're hoping that lightning does strike twice with equal force on Mr. Chang's latest invention, the new Electronic Debit Card. Through the combined forces of InDigiNet, Spencer Communication and Nu Image MedSpa, we're anticipating this new card will help us rev up our revenue engine as we travel down Wall Street's super highway," concluded Ellis.

World Market

The prepaid market comprises the largest customer base in the world, and most consumers understand how prepaid payment systems work. Global Vision estimates that this market potentially includes approximately 150 million individuals in the United States, of which less than 12 million maintain active prepaid debit card accounts. The worldwide market potential is more than 10 times greater at 1.5 billion individuals, and this market is virtually untapped, representing a tremendous opportunity for products catering to the world's "un-banked" population, such as Global Vision's newest offering. These individuals can be issued prepaid bank debit cards and enjoy the convenience, prestige and security of having money in a safe place -- alongside a variety of value-added Global Vision benefits.

"The electronic bank debit card is available to Global Vision's distributors right now, and will be available in high quantities after January 15, 2005," added Global Vision CEO Jack Chang. "Global Vision is also bundling this debit card alongside the Company's long distance calling program, discount healthcare offering, and its 'Global First Rewards' program. These services can bring distributors upfront as well as monthly recurring revenue, and each of the four services can generate more than $4.00 per customer per month for the distributor."

About Global Vision Holdings

Global Vision Holdings, Inc. (Pink Sheets: GVHL - News) is a developer and wholesale marketer of a new generation of prepaid (also known as "Stored-Value") financial products and services. The company's CEO, Jack Chang, is the co-inventor of the ATM machine, http://www.global-vision.com/Bio.asp, and a pioneer in the use of magnetic strips on bankcards, electronic funds transfer systems, and PC-based in-bank systems. The company specializes in worldwide distribution of pre-paid bank debit cards, retail gift cards, telephone calling cards, and healthcare and insurance products, serving a multibillion-dollar global marketplace. Prepaid debit cards are in great demand by businesses and individuals both domestically and worldwide, with the market outside the United States virtually untapped.

GVHL's revenue model strives to create recurring revenue streams from a global customer base through mass distribution marketing channels. Other available and planned products and services for GVHL debit/stored value cardholders and distributors include a Long Distance Calling card, cardholder rewards program ("Global First Rewards") and discounted healthcare plans. For more information, please visit http://www.global-vision.com/.

About InDigiNet, Inc.

InDigiNet, Inc. is an integrated solutions company that provides small to mid-size enterprises (SMEs) with an integrated communication solution. The Company will offer data, local, long distance and wireless services to SMEs over third party networks enabling the company to offer a comprehensive suite of services without the capital burden of building a communication network. Under the C2C Exchange (C2C) brand name, the Company is known as a website design, hosting and complete e-commerce provider delivering one of the easiest and most powerful website building solutions on the Internet. The Company and its development team have automated the ability for a user to quickly and easily create powerful, feature rich, professionally designed websites. C2C has incorporated state-of-the-art features with styles, layout and graphics in addition to powerful functional management tools that every successful business needs for e-commerce. In a fraction of the time it once took, a user can now create a fully functional e-commerce website using any Internet access method. Compared to the traditional costs of web development, this service is simple and affordable. For more information, go to http://www.c2cexchange.com/. And for the Company's complete web design services, go to http://www.thesitedoctors.com/.

For more information about InDigiNet visit http://www.indiginet.com/.

Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.

For additional information call Investor Relations 949-476-3711 or visit company website http://www.indiginet.com/.

Source: InDigiNet, Inc.


Source: InDigiNet

CONTACT: Investor Relations, +1-949-476-3711

Web site: http://www.indiginet.com/
http://www.global-vision.com/Bio.asp
http://www.global-vision.com/
http://www.c2cexchange.com/
http://www.thesitedoctors.com/


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