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Jul 28, 2010, 6:30am

3Pea International Meets Requirements for Pink Sheet Current Information and Plans to File Form 10 Within the Next 90 Days

3Pea International Inc. (Pink Sheets: TPNL), a payment solutions company, today announced that it has met all Pink Sheet legal and accounting requirements necessary to move up from No Information to Current Information status. The Current Information category is based on meeting more stringent levels of disclosure and transparency required by Pink Sheets. Interested parties may view the Initial Company Information and Disclosure Statement along with current financial documents necessary to achieve Current Information Status with Pink OTC Markets, Inc. at www.otcmarkets.com.

3Pea is confident that shareholders and potential investors will have the maximum assurance in the Company given the current level of transparency and financial information available. “We are pleased with the status change and remain committed toward becoming a fully reporting Company,” stated Mark Newcomer, CEO of 3Pea. The Company anticipates filing a Form 10 within 90 days with the Securities and Exchange Commission (SEC) to become a fully reporting company then apply for listing on the OTC Bulletin Board Electronic Quotation System.

About 3Pea International

3Pea is an experienced and trusted payment solutions company providing innovative comprehensive reimbursement solutions to the Healthcare industry. By combining the technology infrastructure and expertise of a debit card financial transaction processor with the claims adjudication capabilities of a Pharmacy Benefits Manager, 3Pea provides streamlined, seamless and intuitive payment solutions to the healthcare industry. The company offers prepaid card programs with unparalleled competitive advantages in customization and implementation. For more information about 3Pea please visit www.3pea.com.

Forward-Looking Statements:

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There is no assurance that such statements will prove to be accurate and actual results and future events could differ materially. 3Pea undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.

 

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