Pipeline Data Inc. is an integrated provider of merchant credit card transaction processing services, gateway services, related software application products and value-added services. The Company delivers transaction processing systems to over 7,000 small to medium-sized merchants that operate either in the physical brick-and-mortar world, the virtual world of the Internet or the mobile or wireless realm via cellular-based wireless devices. Pipeline Data focuses on internal growth by utilizing its contractual relationships with over 500 bank branch locations that serve as exclusive referral sources for the Company's products and services. In addition, the Company has reseller agreements with credit card acquirers, including Concord EFS, Nova Information Systems, Bridgeview Bank and over 40 major independent sales organization (ISOs).