Default Proof Credit Card System, Inc. Receives Positive Acceptance Results on its “Prepaid Debit Card System” International Patent Pending Application

Default Proof Credit Card System, Inc. Receives Positive Acceptance Results on its “Prepaid Debit Card System” International Patent Pending Application

Business Editors

MIAMI–(BUSINESS WIRE)–Feb. 11, 2002

DEFAULT PROOF CREDIT CARD SYSTEM, Inc., (OTCBB:DPRS) – Default Proof Credit Card System, Inc. Announces that its International Patent Pending Application “PREPAID DEBIT CARD SYSTEM” received acceptance and notification of processing by the Patent Cooperation Treaty (“PCT”) and published by World Intellectual Property Organization (WIPO) based in Geneva, Switzerland, wherein a POSITIVE result has been issued by the International Examining Authority.

The acceptance of the application by the International Patent Cooperation Treaty (PCT) covering the potential selection of a total of 110 foreign countries and the United States represents an important process that establishes and will protect Default Proof Credit Card System, Inc. intellectual property status with the International Claims Priority Date.

The Company’s Intellectual Property Rights should be respected and will be strongly protected by Default Proof Credit Card System, Inc.

This press release may contain forward-looking statements, which are made pursuant to the safe-harbor provisions of the private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements factors which could cause or contribute to such differences. The forward-looking statements contained in this press release speak only as of the date hereof and Default Proof Credit Card System, Inc. disclaims any intent and undertakes no obligation to revise or update these forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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