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SVC President and CEO Chris Haigh to Speak on Mobile Commerce at Intele-CardExpo

SVC President and CEO Chris Haigh to Speak on Mobile Commerce at Intele-CardExpo

SAN FRANCISCO, CA -- (MARKET WIRE) -- 02/27/06 -- SVC (OTC BB: SVCX) President and CEO, Chris Haigh, will be speaking at the upcoming Intele-CardExpo Conference as part of the Wireless Track entitled "Mobile Commerce: Using the Cell Phone as a Payment Device."

This year, the Intele-CardExpo will be held March 21-23 at the Miami Beach Convention Center in Miami, Florida, with the Mobile Commerce Session taking place on Wednesday afternoon, March 21.

Chris Haigh will be joined by Matthew Hall of Vesta Corporation to provide an overview of the state of the mobile commerce market. The presenters will explore how cell phones can be used for electronic funds transfers and discuss applications and trials that have been launched. The speakers will also share their insights on privacy and security issues, and the outlook for consumer demand.

Intele-CardExpo's conference program provides an experienced perspective of the prepaid industry. New for 2006, the conference program will feature sessions that explore opportunities beyond prepaid for reaching the un-banked market.

SVC Financial Services Inc. (OTC BB: SVCX) is a leading provider of low-cost mobile transaction technologies for the un-banked and under-banked. Scoot Mobile Money(TM) integrates virtually any cell phone with prepaid re-loadable ATM and debit cards, which are accepted at over 1 million ATM locations and over 5.5 million merchants worldwide, including online. The Scoot-enabled debit card offers the convenience of cash and security to anyone with a cell phone, anywhere in the world, allowing users to transfer funds, make purchases, and pay bills.

About SVC Financial Services Inc.

SVC Financial Services, Inc. (OTC BB: SVCX) is an innovator of global, next generation mobile transaction technologies that are easy to use, highly secure, and extremely cost effective. SVC's revolutionary Scoot Mobile Money(TM) technology allows anyone with a cell phone to easily and safely store, send, receive, and manage funds anywhere in the world. Scoot Mobile Money is a low cost, global approach to supporting the large and fast-growing markets for funds transfer, un-banked money management, and secure payment remittances and reimbursements. Scoot is the next generation of mobile transaction technology for third party marketers of instant issue prepaid card products. SVC has also pioneered the Mazarin Media Platform(TM) that provides template-based applications delivery of rich media solutions for interactive marketing campaigns that inspire action. Mazarin solutions include templates for non-profit organizations, political fund raising, authors and publishing groups, music and entertainment, corporate and consumer marketing.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

Media Inquiries:
Chris Haigh
SVC Financial Services, Inc.


Robin Frank
Red Umbrella Group Inc.
for SVC Financial Services
Email Contact
415-641-6169 (office)
650-867-2062 (cell)

Media Inquiries for Intele-CardExpo:
800-883-8353 x102

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