PrepaYd, Inc. Receives U.S. Patent and Trademark Approval For the Word Mark PREPAYD and Design for use with Prepaid Debit Cards, Prepaid Wireless and Other Applications

NEWPORT BEACH, Calif., May 9, 2012 /PRNewswire/ -- PrepaYd Inc. (OTC PINK:PPDC) has received approval by the U.S. Patent and Trademark Office in connection with the word mark PREPAYD and Design  for the  following goods/services: financial services, namely, issuing pre-paid debit cards, pre-paid gift cards, pre-paid credit cards; prepaid card services in the nature of making payments to prepaid or pay-as-you-go wireless mobile phone, telephone and internet services; bill payment services; online cash account services; check cashing services, in class 36.

"Branding and brand protection is something we covet and are very good at. We have many trademarks already that we deem valuable but PREPAYD is at the cornerstone of not only our parent company PrepaYd, Inc. which operates a prepaid debit card company  it's equally as important to PrepaYd Wireless our wholly owned mobile service company as well," stated Bruce Berman, CEO of PrepaYd, Inc.

About PrepaYd, Inc.

PrepaYd, Inc. is a provider of financial services in the prepaid debit card industry. The company, through one of its wholly owned subsidiaries, offers prepaid debit cards to America's estimated 60 million underbanked citizens. In addition to the underbanked consumer demographic, small and mid-size businesses have found a much-needed product with the company's Prepaid Business Expense Card Program. With the diminishing credit card markets, companies need a new way to fund employees' expenses other than through traditional credit cards or cash reimbursements. PrepaYd Wireless, Inc. another wholly owned subsidiary of PrepaYd, Inc  is a Wireless Service Provider that offers mobile services to an estimated 110 million consumer demographic. Prepaid Wireless offers subscribers competitively-priced wireless service with its Y PAY MORE initiative and is an alternative to the traditional Postpaid Wireless Service Plans provided by major carriers. In addition, PrepaYd Wireless intends to make all of its available phones and wireless plans compatible for mobile financial services.

For more information about PrepaYd, Inc. visit www.PrepaYdInc.com

FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties and the company assumes no obligation to update any of the forward-looking statements in this release.

Contact:
PrepaYd, Inc.
Bruce Berman
949-553-9044 ext 221
[email protected]

SOURCE PrepaYd, Inc.