No Borders For Mexican RemittanceDeal

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LOS ANGELES - (12/02/04) -- No Borders Inc. said it has signed aremittance deal with a Mexican credit union association that allowsMexican credit union members to use the company's No Borders StoredValue Card to send money from the U.S. to Mexico at low cost. Underthe deal, No Borders will provide the Associacion Mexicana deUniones de Credito del Sector Social with an advanced technologyplatform to offer a wide range of financial services to Mexicanimmigrants in the U.S. and their family members in Mexico. TheAssociation consists of 12 Mexican credit unions.

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