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iCARD Gift Card Presented With U.S. Department of Energy Recognition Award

Citing small business as the foundation of the American economy, U.S. Senator Bill Nelson conveyed news of the award.


News provided by

iCARD Systems

Apr 30, 2010, 03:06 ET

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FORT LAUDERDALE, Fla., April 30 /PRNewswire/ -- United States Senator Bill Nelson of Fort Lauderdale, Florida, has congratulated iCARD Gift Card LLC on a contract renewal with a Department of Energy entity and alerted the company that it has been awarded the department's coveted Recognition Award.

(Logo: http://www.newscom.com/cgi-bin/prnh/20100412/CG84702LOGO)

iCARD Gift Card LLC is a wholly-owned subsidiary of iCARD Systems, and operates an online Super Gift Card platform. This platform allows individuals and companies to deliver a personalized and customized eCard with an attached gift card code that is redeemable for as many as 160 different merchant gift cards. iCARD licenses this platform to other companies and also operates it as their own consumer and corporate gift card solution at http://www.icardgiftcard.com.

"The award comes on the heels of a very successful year for our company," said iCARD Systems Founder Jeff Ehney. "Despite the poor economy, we were able to capitalize on increased use of gift cards for employee recognition, sales incentives, corporate gifts, product rebates, and consumer promotions."

"In fact, the poor economy probably helped us," said Ehney. "In April, 2009, we acquired another gift card business that gave us additional gift card solutions and technology that makes large orders easy for companies to administrate," he said. "That company was not yet profitable and the owners had decided to sell it. Because we had been in the Visa gift card business for more than 10 years, it was rather easy for us to integrate it with our operations and make it profitable."

iCARD continues to provide prepaid Visa cards for corporate promotions, incentives and rebates. Also, the company recently began making available bulk merchant gift cards; many at a discount to face value. iCARD has employees in Fort Lauderdale, St. Louis, Kansas City, and Los Angeles.

In the notification letter, Senator Bill Nelson said, "Small businesses are at the foundation of the American economy. Small business owners like you keep our citizens employed and provide invaluable services to our communities."

About iCARD Systems

Founded in 1998, iCARD is a pioneer in the development of network-branded prepaid cards and was one of the first to offer Visa(R) Gift Cards online. Today, iCARD is a leading provider of all manner of gift cards for corporate incentives, promotions and rebates. Additionally, iCARD is a dominant player in digital gift card delivery. Its emailable gift card gives consumers access to more than 150 top merchant brands. iCARD is an Independent Sales Organization for the Bancorp Bank and is a Hallmark Cards licensee. Its channel partners linclude American Greetings and AOL. iCARD has serviced more than 1,500 corporate client and more than a million cardholders. Learn more at http://www.icardsystems.com or order a gift card at http://www.icardgiftcard.com.

SOURCE iCARD Systems

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