CardFlex to Provide Comprehensive Merchant Processing, Banking Services to Tabulous Cloud Mobile Device and Tablet Customers

COSTA MESA, Calif. – (Aug. 1, 2011) – CardFlex, Inc., a financial services and payment solutions company, announced today that its merchant services will be integrated into Tabulous tablets, providing qualified customers with instant, anywhere access to credit card processing.

The move is part of a broader agreement that makes CardFlex the exclusive provider of merchant processing and banking services to Tabulous Cloud, a tablet “solutioneering” firm specializing in customizing tablet devices down to the chip level.

A credit card scanner will link to the tablet via Bluetooth and transactions will be processed via secure WiFi, 3G or 4G technology. The result is a virtual point-of-sale terminal that can be used to process sales in any environment, creating the the perfect solution for direct sales companies, multi-level marketers, street vendors, or just about any cash-based business interested in accepting credit cards. Funds are deposited directly into the merchant’s bank account and, in some cases, can be accessed immediately with a CardFlex debit card.

“Our goal is to remove the friction entrepreneurs encounter when trying to collect payments from their customers while simultaneously decreasing the lead time for accessing their revenue,” said Austin Hurst, Director, Tabulous.

“Tabulous is very excited to be working closely with such a reputable merchant provider as CardFlex to bring next-generation processing applications to mobile devices and tablets,” said Zach Hurst, Director, Tabulous.

Key to Tabulous’ selection of CardFlex was the company’s track record of providing innovative services and top-quality customer service. Its reputation as an industry leader also was a factor, as was the caliber of its staff.

“It is exciting to be part of this innovative offering and to partner with a company like Tabulous, which shares our focus on leveraging the latest technologies to provide customers with ground-breaking products and services,” said CardFlex CEO and President Andrew Phillips.

About Tabulous Cloud

Tabulous Cloud is a tablet “solutioneering” firm based in the United States. Tabulous specializes in customizing tablet devices down to the chip level upon customer request. Tabulous has the backing of a trusted, reliable and time tested OEM, First International Computer (FIC) as well as HTC Corporation. In addition, Tabulous has aligned several strategic partners; best-in-class technology providers in their respective fields affording Tabulous a clear distinction in a rapidly expanding tablet space. Learn more at www.tabulouscloud.com

About CardFlex, Inc.

CardFlex, Inc. (www.cardflexnow.com) is among the nation’s premier providers of transaction processing services and payment technologies. Founded by a management team with more than 70 years combined experience in the financial payments industry, CardFlex offers a first-rate suite of merchant products and flexible, industry-specific services.