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International Card Establishment (I.C.E.) Signs 11 Independent Sales Agents Providing Credit Card Services to Merchants in the United States and Canada

I.C.E. to Provide Administrative and Processing Services to New Agents

Oxnard, California – July 19, 2004—International Card Establishment, Inc. (OTCBB:ICRD) today announced that it had signed 11 new independent agents who will act as its representatives in the United States and Canada. The agents are located in: Brownsville, Texas; Scottsdale, Arizona; Freeland, Washington; Upland, California; Bermuda Dunes, California; Ventura, California; Glendora, California; Mississauga, Ontario; and, Vernon, British Columbia.

As part of the I.C.E. group of independent sales agents, this newly recruited corps will direct their administrative and processing workload to I.C.E. which will handle all of the “back office” functions associated with credit card processing. This includes customer service issues, electronic transaction point-of-sale equipment deployment and servicing and any special agent training.

"We are extremely pleased to have signed these agents to our independent agent program, whose function is to free these agents from unproductive administrative tasks so that they can concentrate on what they do best: winning new merchant accounts,” said Jonathan Severn, Chairman and President, I.C.E. “Moreover, I.C.E. expects to increase its revenue stream from its newly signed agents by providing them with additional processing services as soon as I.C.E. is certified as a direct credit card processor," Mr. Severn added.

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