Information Architects Announces Acquisition of IMES

The IMES stored value products enhance the Perceptre product as with Perceptre we offer the HR department the tools to hire an employee and with IMES we offer the tools to pay an employee. IMES is primarily focused in marketing its own card programs directly to consumers and businesses. Working hand-in-hand with iCABS, which works directly with the issuing banks and processors, IMES strategy is to develop stored value card programs both here in the US and abroad. IMES has also developed its own backed end customer service and cardholder services module both on-line and off. The IMES system integrates seamlessly with the processor to provide a complete set of backend fulfillment, operations, cardholder services, distributor services, treasury and settlement process reconciliation and overall portfolio management systems to manage its card base. The products IMES offers handle the complete integration for stored value programs, from card ordering and transaction processing, to front-end website design and customer service. The IMES solution comprises a suite of proprietary platforms that easily connects clients (and their customers) to the ordinarily complex world of banking, card processing, and SVC issuance. Minimizing development costs, IMES products are built on an existing infrastructure, which is provided by MasterCard and Visa and has been in use worldwide for decades. The potential market size for stored value products is enormous. For example, the under-banked market alone is well over 30 million strong, and teens (who spend over $140 billion annually) number over 31 million. Stored Value is considered the largest untapped market for consumer payment vehicles. Total stored value and debit card volume (transaction amount) in 1998 was $182.5 billion. This number in 2003 was $1.3 Trillion according to MasterCard. The business of Information Architects, through its product PERCEPTRE, is the licensing to its governmental, business to business, business to consumer and commercial sector customers of its on-line, pre-employment screening, background investigation software ordering system. The software consists of the most well-respected user interface extant in the space for both ease of use, breadth of information availability as well as speed and flexibility. In short, Perceptre software has the fastest, least cost and best on-line ordering system on the market for use by employers, or any other inquiring entities. Perceptre software will review the records of anyone of interest in many personnel arenas such as criminal records, civil court records, motor vehicle records, and, of course, credit bureau records, to name just a few.