sQuid's the New Quid - Now Launching in North Lanarkshire

Residents of North Lanarkshire Will be Able to use Smart Money to buy Small Value Items Using Their National Entitlement Card (NEC)

LONDON, May 17, 2010 - sQuid, the electronic money operator, and North Lanarkshire Council today
announce the launch of their electronic purse.

Residents with an NEC card can have sQuid eMoney added to their card to
allow them to pay for small value items, as well as access public services,
like concessionary travel and library membership.

The sQuid payment service is a quick and simple process and allows users
to pay for things electronically at participating outlets from a pre-loaded
purse on their card, without the need to carry loose change. The transactions
are fast, secure and can be managed from an online sQuid account.

Launching the sQuid card at Bellshill Cultural Centre, Council Depute
Leader, Councillor Jim Smith said: "sQuid will be very useful for many
people, including older people who can use their concessionary travel card to
get to their town centre and don't have to carry cash to buy small items of
shopping. For young people, they will be able to use it to buy a snack, or
their lunch. This is just the start. We expect sQuid to roll out and become
part of everyday life in North Lanarkshire as more retailers start to accept
it.

"sQuid is free to get and free to use. We're encouraging North
Lanarkshire residents to sign up now and have your electronic purse ready."

There are already 85,000 National Entitlement Card holders across North
Lanarkshire, including all secondary schools pupils and senior citizens who
have a concessionary travel pass.

Anyone signing up for a new NEC will automatically have sQuid on their
card, and existing card holders can have sQuid added at their local library
or First Stop Shop, where they can also top up their cards with cash.

sQuid was piloted in Dundee and has already been launched in Dumfries and
Galloway. North Lanarkshire is the next area to be part of the sQuid
initiative.

Download a copy of this press release at squidcard.com/news

For more information go to www.squidcard.com/northlanarkshire.html

    Contact:
    Bede Feltham,
    Marketing Director
    sQuidcard
    squidcard.com
    T: +44(0)20-8339-2111
    E pr@squidcard.com

Bede Feltham, Marketing Director, sQuidcard, squidcard.com, T: +44(0)20-8339-2111, E pr at squidcard.com