IPP Receives Approval for Seven New Money Transmittal Licenses in 2008

Firm Maintains Licenses in 37 States

Fairfield, NJ, January 26, 2009 - IPP of America (IPP), received approval for seven new money transmitter licenses in 2008. As of December 2008, the firm holds 36 money transmittal licenses and is authorized to conduct electronic bill payment in the State of California.

The new licenses were received in Alabama, Idaho, Kansas, Nebraska, Nevada, Ohio and Virginia. "Receiving these additional licenses is very important to the growth of our business. We are able to aggressively market our services in these emerging markets," said Ron Averett, President and CEO, IPP of America. "IPP is committed to strict compliance of the federal and state rules that govern this industry. Working with state regulators to obtain as well as maintain licenses is critical to our day-to-day operations."

About IPP of America Inc. IPP of America Inc. ("IPP") a leading provider of retail electronic payment services operates the largest national network of independent neighborhood-based payment centers, providing reliable and safe electronic payment services to cash paying customers. Through their Payment Settlement Network, IPP authorized payment centers offer a wide array of alternative financial services including domestic and international electronic bill payment, prepaid long distance and prepaid wireless epins. The company's payment center network currently extends to over 8,000 locations nationwide. For more information visit us at www.ipppays.com.