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| APPRAISAL |
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| V. RESULTS |
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| VI. DOCUMENTS RELIED UPON |
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United States Patent Number 6,032859 |
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Royalty Source Intellectual Property Database |
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Card Activation Technology, Inc. Royalty Rate Factors and Supporting Studies, Navigant, 2006 |
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The Nilson Report, September 2006 |
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"Is a Gift Right for You?" Federal Reserve Bank of New York, February 2006. |
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"Selling Prepaid," Intele-Card News, March 2007 |
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"Stored Value Cards: Challenges and Opportunities for Reaching Emerging Markets," The Center for Financial Services Innovation April 2005 |
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"Debit & Women," www.cardtrak.com, June 2007 |
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"Gift Cards: Purchased/Received," www.cardtrak.com, November 2006 |
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"Gift Cards - Holiday Sales," www.cardtrak.com, June 2007 |
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"Wallet Share - Payment Preference," www.cardtrak.com, April 2007. |
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"Gift Card Usage," www.cardtrak.com, October 2006 |
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"Holiday Sales - Carded Holiday Retail Sales," www.cardtrak.com, November 2006 |
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"New Year, New Season, New Strategies," Transaction Trends, January 2007. |
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"Gift Cards Make Sense for Small Business," Rhonda Abrams, USA TODAY, May 20, 2007. |
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"Holiday Shopping 2005: 'tis the Season for Giving," www.Deloitte.com/dtt/press_release, November 2005. |
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"Gift Cards 2005: Many Good Retail Cards. Any Good Bank Cards?" Sherrie L. W. Rhine, Federal Reserve Bank of New York, December 2005. |
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"U.S. Prepaid Calling Card Industry to Reach $6.4 Billion by 2008, ATLANTIC-ACM Study Reveals," Goliath, February 2003. |
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"Prepaid Market Forecasts 2006 - 2009," Research Report by Mercator Advisory Group, December 2006. |
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"General Use Prepaid Cards: The Path to Gaining Mainstream Acceptance," James McGrath, Federal Reserve Bank of Philadelphia, March 2007 |
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"Prepaid Cards: Not Just for Gifts Anymore," The Green Sheet, January 2005. |
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"InComm Delighted with Gift Card Boom," Patti Bond, Cox News Service, December 2006. |
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"New Comprehensive PULSE Debit Industry Study Reveals Continued Growth in Debit Card Market," PULSE New Release, February 2007. |
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"Payment Instrument Choice: The Case of Prepaid Cards," Sujit Chakravorti and Victor Lubasi, Federal Reserve Bank of Chicago, August 2006. |
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"Why Use a Prepaid Calling Card?" iDPhoneCard.com |
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"Debit Card Volume Passes Credit Card," netbanker, November 2005. |
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