Commerce Online Announces Agreement With RedFin Network For Medical Marijuana Dispensary Pre-Paid Loyalty Card Program

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Thu Nov 12, 2009 11:15am EST

Commerce Online Announces Agreement With RedFin Network For Medical Marijuana
Dispensary Pre-Paid Loyalty Card Program
-Companies to begin new loyalty card program with licensed California
dispensaries this month




PALM BEACH, Fla., Nov. 12 /PRNewswire-FirstCall/ -- Commerce Online Inc. (Pink
Sheets: CMIB) (www.commerceonlineinc.com), a leading company specializing in
both bricks and mortar and online merchant payment solutions, today announced
its agreement and strategic partnership with RedFin Network, Inc.
(www.redfinnet.com), a wholly owned subsidiary of Secured Financial Network
Inc. (OTC Bulletin Board: SFNL),  to launch its branded, pre-paid loyalty and
ID card for licensed medical marijuana dispensaries and collectives operating
within the states of California and Colorado.

In an effort to keep these collectives within the guidelines of CA Proposition
215 and SB 420, the Commerce pre-paid stored value and loyalty card will offer
a unique cash alternative to these regulated dispensaries for both suppliers
and members of collectives. Under new legal guidelines to be issued by the
Obama administration, no longer seeking prosecution of medical marijuana users
or suppliers as long as they conform to state laws, Commerce Online and RedFin
Network will seek to capitalize on this presently untapped and much needed
solution.

"We expect to start installing our first card systems later this month,"
stated Michael Friedman for Commerce Online. Fourteen states presently allow
some use of marijuana for medical purposes: Alaska, California, Colorado,
Hawaii, Maine, Maryland, Michigan, Montana, Nevada, New Mexico, Oregon, Rhode
Island, Vermont and Washington. California is unique among those for the
widespread presence of dispensaries - businesses that sell marijuana and even
advertise their services. According to a recent Fortune Magazine article,
there are an estimated 300,000 to 400,000 medical marijuana patients in the
state now, and the figure is rapidly growing. More astonishingly, there are
about 700 medical marijuana dispensaries now operating in California openly
distributing the drug. "CMIB is presently poised to pick up a majority share
of this untapped marketplace by offering our proven secure payment solution
through our alliance partners and to move toward the legitimization of the
medical marijuana industry," further stated Friedman.

The Commerce Online branded, pre-paid loyalty and ID card will be marketed
through our new Collective Card Services division, and may be loaded to any
denomination of funds with direct deposit at local bank, via the Internet, POS
system by the member of the collective or medical dispensary.  The RedFin
Network PCI Compliant Payment Gateway will handle all loyalty transactions at
the point of sale. In case of theft or loss, the card may be cancelled
immediately through an 800 number provided or online. The card will also act
as the Collective member's identification having the option of a Picture ID,
medical id number identifying him/her as a collective member, the collective
name, and expiration date of membership," stated Michael Friedman for Commerce
Online.

About Commerce Online Inc.
Commerce Online Inc. (www.commerceonlineinc.com) is positioned to become a
market leader in both online and wireless merchant payment solutions. The
Company offers a full spectrum of secure and reliable transaction processing
solutions using traditional, Internet Point-of-Sale (POS), e-commerce and
mobile (wireless) terminals in conjunction with Industry Alliance Partners.
The Company's Alliances provide electronic payment processing suite of
services enabling merchants to accept all major credit and debit cards, as
well as ATM cards and ACH check drafts for payment whether a retail, service,
mail-order or Internet merchant. As an industry leader, Commerce Online is
dedicated to delivering comprehensive services, such as merchant account
activation, gateway connections, Web development and social network engines to
a worldwide client base.

FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the Safe Harbor created by those sections. This material contains
statements about expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties. Such
forward-looking statements by definition involve risks, uncertainties and
other factors, which may cause the actual results, performance or achievements
of commerce Online Inc. to be materially different from the statements made
herein.

CONTACT: info@commerceonlineinc.com, Investor Relations, (561) 868-6880

SOURCE  Commerce Online Inc.

Investor Relations, +1-561-868-6880, info@commerceonlineinc.com
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