Fifth Third Bank to Introduce Visa Signature Program and Pipeline Data Announces Second Quarter Financial Results

City of Industry, CA --(www.USEquityNews.com)-- 08/20/2008 - Business Services industry alert provided by U.S. Equity News. Visa Inc. (NYSE:V) recently announced that Fifth Third Bank will offer Visa Signature cards to customers through its more than 1,300 banking centers. The Visa Signature card is designed for affluent customers who value unique lifestyle benefits and want added value in their payment products. "Fifth Third Bank customers can now take advantage of rewards that help create unique life experiences such as access to exclusive events and personal concierge services through Visa Signature, enabling us to meet the needs of our customers and also exceed expectations for what a premium card can offer," said Jon Groch, Senior Vice President and Director of Card Services for Fifth Third Bank. "Our new Visa Signature product will be part of Fifth Third's industry-leading 53PointShare(TM) program that features a Rewards Accelerator with no annual rewards limit, and offers customers the ability to combine debit and credit rewards points to accumulate and redeem points faster than ever." "Consumers are increasingly looking for added value from their payment products to help enrich their busy lives," said Elizabeth Buse, Global Head of Product, Visa Inc. "We look forward to working closely with Fifth Third Bank to introduce Visa Signature and make it the card that is top of wallet for the bank's emerging affluent customers."



All Asia Licensing Inc. (Pink Sheets: AASI), recently announced that it accepted an invitation for its chief scientist to lead a workshop September 23-25 in China at a major international conference on little-known animal diseases. "This prestigious invitation from an arm of China's Ministry of Agriculture is a direct result of our recently-announced Letter of Intent to enter the bio research market to test for BSE (Bovine Spongiform Encephalopathy) also known as 'Mad Cow' Disease," according to Anthony Lee, CEO of All Asia Licensing. The National Diagnostic Center for Exotic Animal Disease of China is the main sponsor of the Third OIE (Office International des Epizooties Regional Workshop and Working Group Meeting on BSE and other Prion Diseases. The conference is also co-sponsored in Qingdao, People's Republic of China by its Animal Health and Epidemiology Center (CAHEC). The main topics at the conference will be the control of Mad Cow Disease, Rapid Prion Testing and Prion disease diagnosis. Prions are a family of rare progressive neurodegenerative disorders. The Letter of Intent announced between All Asia and its proposed joint venture partner is subject to change, completion of due diligence by both parties, creation of a final contract and approval of both Boards of Directors, among other things. All Asia Licensing Inc. is a major conduit for investors to access the rapidly growing Chinese economy. By acquiring a controlling stake in unique Chinese businesses, using its contacts to work with governmental agencies, providing capital and international-minded management, the Company enables these companies to prosper in their own industries. Working with small-to-medium sized companies, All Asia assists clients by using a comprehensive suite of services of business management, consulting services and technical support through specialist.

Pipeline Data Inc. (PPDA: 0.44, +0.04, +10.0%), a provider of payment processing solutions and services, recently announced its financial results for the second quarter ended June 30, 2008. Gross Profit, which is defined as total revenue less interchange fees, cost of services sold and cost of goods sold, increased 1.9% to $4.5 million for the quarter ended June 30, 2008 from $4.4 million for the quarter ended June 30, 2007. For the six month period ended June 30, 2008, Gross Profit increased 5.8% to $8.8 million compared to $8.3 million for the same period in 2007. Gross Margin increased 10.1% to 37% for the quarter ended June 30, 2008 from 33.6% for the period ended June 30, 2007. For the six month period ended June 30, 2008, Gross Margin increased 12.3% to 37.4% compared to 33.3% for the same period in 2007. Total operating expenses increased $0.3 million or 7.9% to $4.3 million for the quarter ended June 30, 2008 from $4.0 million for the quarter ended June 30, 2007. The increase in total operating expenses is largely attributable to expenditures incurred in anticipation of the merger with COCARD(R) Marketing Group LLC.

About U.S. Equity News

U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.

U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.

Contact Information:
U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com

Comments:
Disclaimer: User Comments do not reflect the views of US Equity News, and we are not responsible for the content of users' comments. We also reserve the right to edit or delete comments to our discretion.

---