Released on: March 13, 2008, 4:52 am

Press Release Author: Altair Financial Services International Plc

Industry: Financial

Press Release Summary: Altair Financial Services International Plc (Altair), a
leading prepaid card and transaction processing solutions provider, have delivered
an extensive upgrade on the Caxton FX prepaid travel card program
(www.caxtonfxcard.com). The prepaid card program now boasts a host of new features,
including the Altair Mobile Payments System (AMPS), both US Dollar and Euro currency
options and enables cardholders to select their own PIN at the time of application.


Press Release Body: Rupert Lee-Browne, CEO of Caxton FX comments, \"We are delighted
to have joined forces with Altair to launch the Caxton FX currency cards. We
selected Altair because of their excellent reputation for strong project management
and flexibility in implementation. Ultimately, flexibility has been at the core of
Caxton\'s success - we identify a need, make decisions quickly and implement rapidly.
By launching our card program with Altair, we are now at the forefront of prepaid
card technology, keeping up with the needs of clients and customers.”

The addition of Altair Mobile Payment System (AMPS) to the Caxton FX card program
provides cardholders with a range of self-service card management tools by simply
using their mobile phone. After the cardholder associates their mobile phone with
their prepaid card, they can send mobile SMS (text) messages to load their card and
check their balance. For account security purposes, AMPS can eliminate unauthorised
use with ‘lock’ and ‘unlock’ commands. When locked using AMPS, the card can not be
used at point of sale or to withdraw cash at ATMs.

Lee Britton, Altair CEO remarks, “The market for prepaid travel cards is vast. 67m
overseas visits are made each year, and in most cases the travellers are paying over
the odds for their travel money. We expect that Caxton FX will make a serious impact
on the travellers’ foreign currency market, offering anyone who travels overseas, on
business or pleasure, excellent value for money.”

The cards are issued by Newcastle Building Society and are available to UK residents
over the age of 18 can apply for both a EUR and USD on the Caxton website
(www.caxtonfxcard.com). They can also apply for a secondary card for one of their
dependents (min age 13). The secondary card will be linked to the primary and will
share the same balance as the primary card. Like an electronic purse, cardholders
can pre-load the card with up to €7500 or $10,000.

Cardholders can load funds onto the card in three ways: using the Internet, via SMS
or by calling the UK based Caxton Customer Services team.


Web Site: http://www.caxtonfxcard.com

Contact Details: For further information, please contact:
Altair Financial Services International Plc.
Steven Phillips on +44(0) 20 7659 1178

CaxtonFX Ltd
Laura Loades on +44(0) 20 7201 0517

Newcastle Building Society :
Angela Fixter on +44(0) 191 244 2419