ACE Cash Express and NetSpend Support National Breast Cancer Foundation With $522,643 Donation

DALLAS, Jan. 24, 2011 /PRNewswire/ -- ACE Cash Express, Inc., a leading retailer of financial services, and NetSpend Holdings, Inc, (Nasdaq: NTSP) a leading provider of general-purpose reloadable prepaid debit cards, announced a donation of $522,643 to the National Breast Cancer Foundation in support of its mission — saving lives through early detection and providing mammograms to those in need.

This donation was made possible by the hundreds of ACE customers who have chosen the Pink NetSpend card to make purchases. Every time one of these cards is used a percentage of the transaction goes to National Breast Cancer Foundation.  In 2010, that came to $522,643.  

"ACE Cash Express is proud to partner with the National Breast Cancer Foundation and contribute to the fight against breast cancer," said ACE President and CEO Jay Shipowitz. "By providing this card to our customers, we are not only offering them a better way to manage their money, but we are also supporting an organization that is important to our associates and our customers."

"The Pink Card is a fantastic way consumers can show their support for breast cancer research through their everyday purchases," said Dan Henry, chief executive officer at NetSpend.  "All of us at NetSpend are immensely proud that our product not only provides much-needed funds to the NBCF, but also that it simplifies the financial lives of our cardholders as well."

"We are proud to partner with ACE Cash Express and NetSpend through their Pink prepaid debit card," said Janelle Hail, founder and CEO of National Breast Cancer Foundation.  "Through this innovative partnership, great leadership and hard work, ACE Cash Express is one of our top four corporate contributors, for which we are very grateful."   

For media inquiries or additional information about ACE Cash Express and the ACE Community Fund, please contact Vanessa Segovia by e-mail at [email protected] or by phone at 972-550-5161.

About ACE Cash Express

ACE Cash Express, Inc. is a leading retailer of financial services, including short-term consumer loans, check cashing, bill payment and prepaid debit card services.  ACE is the largest owner and operator of check cashing stores in the United States and the second largest owner and operator of short-term consumer loan stores in the United States.  As of December 31, 2010, ACE had a network of 1,731 stores in 36 states and the District of Columbia, consisting of 1,677 company-owned stores and 54 franchised stores.  ACE focuses on serving consumers, many of whom seek alternatives to traditional banking relationships in order to gain convenient and immediate access to financial services. For additional information about ACE Cash Express, visit www.acecashexpress.com.

About The ACE Community Fund

Established in 2004, the ACE Cash Express Community Fund is the corporate giving program supporting organizations that help children, support education and promote financial literacy, and is focused on giving back to communities where ACE has stores.  Donations through the ACE Community Fund are made possible by the generous support of ACE associates and customers.  In addition, ACE sets aside one percent of the previous year's net profit to support these worthwhile causes.  Since inception, the ACE Community Fund has donated more than $5 million to charitable organizations throughout the nation.

About NetSpend

Austin-based NetSpend is a leading provider of general-purpose reloadable prepaid debit cards and related financial services to underbanked consumers in the United States. We primarily focus on the estimated 60 million underbanked consumers in the U.S. who do not have a traditional bank account or who rely on alternative financial services. Our mission is to develop products and services that help unbanked consumers take the first steps toward a smarter way to spend, save and manage their money. More information on the company can be found on their website located at http://www.netspend.com or by following the company on Facebook or Twitter.

About National Breast Cancer Foundation

National Breast Cancer Foundation was founded in 1991 by cancer survivor, Janelle Hail.  National Breast Cancer Foundation's mission is to save lives through early detection and to provide mammograms for those in need.  National Breast Cancer Foundation provides Help for Today…Hope For Tomorrow® through an innovative online community, www.mynbcf.org, educational awareness programs, and free mammograms for women across the country.  For more information about National Breast Cancer Foundation, visit www.nbcf.org. 

SOURCE ACE Cash Express, Inc.