TxCore, Inc. Changes Name to TxVia, Inc.; Raises $8.5m in Series B…

 TxCore, Inc. Changes Name to TxVia, Inc.; Raises $8.5m in Series B Financing;
Becomes First to Deploy `Platform-as-a-Service' for Prepaid Card Processing; and
        Appoints Industry Veterans to Management Team and Boards

Company Also Releases White Paper on Revolutionary Platform-as-a-Service Approach
                           to Prepaid Card Processing

New York, NY ­ June 18, 2008 ­ TxVia, Inc., a pioneer in prepaid card processing
technology, today announced that the company has changed its name from TxCore, Inc.
and secured $8.5 million in venture capital as part of its Series B financing. The funding
was led by an existing investor, Espírito Santo Ventures, with participation from the
company's lead Series A investors, Village Ventures and High Peaks Venture Partners.

"We're delighted that Espírito Santo Ventures, with a proven track record of investing in
innovative payments businesses worldwide, has taken the lead in this financing," said
Anil D. Aggarwal, CEO of TxVia. "And, we're equally pleased that other existing
investors, Village Ventures and High Peaks Venture Partners, strongly endorsed the
company by choosing to participate."

"TxVia has experienced tremendous market traction since launching to the prepaid card
industry," said Joaquim Sérvulo Rodrigues, Espírito Santo Ventures CEO. "We're
excited about TxVia's innovative technology and confident that the company has the
potential to revolutionize the global prepaid card processing marketplace over the coming
years."

TxVia is the first company to have a live client using a prepaid card processing platform
delivered on a "platform-as-a-service" (PaaS) basis. Using its PaaS approach, TxVia
quickly and efficiently creates highly customized and fully segregated prepaid card
processing platforms. "We utilize PaaS to offer options for our clients that range from
outsourcing processing completely to TxVia to bringing processing entirely in-house,"
said Aggarwal. "We also offer hybrid options that can evolve over time according to our
clients' needs." Regardless of the configuration, PaaS users no longer need to share a
platform with other organizations and products, and realize significant scalability,
competitive, time-to-market, cost and other benefits.

The benefits for issuers and program managers of the PaaS approach to prepaid card
processing include:

   ·   Development and operational transparency
   ·   Client control of platforms, including platform creation and enhancement, hosting
       and operations, and domestic and international third-party implementation and
       integration
   ·   Reduced platform management costs
   ·   Better separation of client and processor intellectual property
   ·   Improved platform reliability and scalability
   ·   Increased platform longevity
   ·   Enhanced manageability of PCI compliance

"The prepaid market today is limited by the legacy technology and systems that dominate
the processing environment. PaaS addresses those limitations and provides a pathway for
issuers and program managers to achieve greater control, flexibility and efficiencies in
their prepaid programs," continues Aggarwal. "And, to better reflect the
comprehensiveness of our offerings, we changed the name of the company to TxVia."

TxVia also announced today that the following executives have joined the company:

   ·   Anne Kortlander, executive vice president, Product. Prior to joining TxVia,
       Kortlander was senior vice president at Fidelity National Information Systems and
       its predecessors eFunds Prepaid Solutions and WildCard Systems. Before
       WildCard Systems, Kortlander was senior vice president at Visa, USA.

   ·   Jonathan A. Weiner, executive vice president, Program and Managed Services.
       Prior to joining TxVia, Weiner was president of Prepaid Media and previously
       served as president and chief operating officer of TSYS Prepaid and its
       predecessor Clarity Payment Solutions.

   ·   Christopher Petersen, vice president, Managed Services. Prior to joining TxVia,
       Petersen was vice president at Fidelity National Information Systems and its
       predecessors eFunds Prepaid Solutions and WildCard Systems.

   ·   Iris Quitta, director, Business Development. Prior to joining TxVia, Quitta was
       director at CBSI.

   ·   Shashi Kapur, advisory board member. Kapur was chief information officer of
       WildCard Systems until its acquisition by eFunds.

In addition, Aggarwal was appointed chairman of the board of directors, and Raymond
Iglesias III, TxVia chief financial officer, was appointed to the board of directors. Carl M.
Ansley, founder and a director of TxCore, was appointed president of the company.

"The TxVia management team brings more than 75 years of combined experience
pioneering new technologies, products and services in the prepaid card industry," said
Rodrigues. "The team has consistently proven its ability to create and manage innovative
ventures to tremendous success."

TxVia also announced today the release of a white paper, "Approaches to Processing
Technology for Prepaid Cards," which discusses the available approaches to prepaid card
processing, including software as a service (SaaS), in-house software solutions and
platform as a service (PaaS). The white paper identifies critical limitations of SaaS and
in-house software that prevent issuers and program managers from attaining their full
potential in prepaid, and identifies how PaaS overcomes these limitations, providing
significant benefits to both users and the prepaid card industry. The white paper is
available for download at www.txvia.com.

TxVia has also secured a new 12,000 sq. ft. corporate headquarters in New York City.
The company has additional offices in Barcelona and Dublin.

About TxVia, Inc.

TxVia, Inc. (pronounced "T.X.-Veea") is a pioneer in prepaid (network branded and
closed loop) card processing technology. Using a platform-as-a-service (PaaS) approach,
TxVia quickly and efficiently enables the creation of highly customized and fully
segregated prepaid card processing platforms. The TxVia approach far better manages the
complexities of prepaid across the various products, verticals, industries, organizations
and channels.

With PaaS, issuers and program managers can completely outsource processing to TxVia
or bring all or a part of their processing requirements in-house, allowing them to take
greater control over various aspects of their processing, ranging from functionality and
release timing to infrastructure and service levels. Regardless of the configuration, PaaS
users no longer need to share a platform with other organizations and products, and
realize significant scalability, competitive, time-to-market, cost and other benefits.

TxVia also offers a complete set of services to support prepaid card programs including
hosting and platform services, managed services, switch services and professional
services.


Contact:
Colette A. Oliver
(212) 937-4115
colette@txvia.com