cMoney's ATM Platform Update

cMoney, Inc. (Pink Sheets:CMEY), a leading technology company at the forefront of the international mobile phone-based payment and money transfer service, announced today that after receiving additional questions from shareholders regarding the recently announced cPay Core Platform ATM integration, the Company would like to update its shareholders and investors with the structure of the new ATM Platform.

"While we are in early negotiations with potential ATM partners, we are anticipating an announcement in the near future naming our ATM manufacturer and Independent ATM deployer (IAD)," stated Paul Matthews, CEO of cMoney, Inc. "These partners will help showcase the cMoney platform and implement our patent pending technology into existing automated teller machines, enabling the Company to generate revenue from multiple transaction fees."

As previously announced by the Company, cPAY will be powered by Sirius Computer Solutions' optimized infrastructure and integrated Cloud solution. This process will incorporate new ATM transactions to simplify and enhance usage by cMoney customers at partner ATM's. This addition will also allow cMoney to start generating transactional revenue.

"The process of acquiring our 'patents pending' for the ATM module is nearly finished. We plan to officially announce the completion of the ATM patent pending process (in PCT format) relatively shortly," continued Matthews. "I would like to thank our potential partners for their assistance, advice and guidance during this process. Once launched, the ATM module will completely revolutionize how money is transferred utilizing our cell phone technology - concurrently with the features of our customized ATM's. This is one way of demonstrating how cMoney will be "Moving Money At The Speed Of Now." concluded Matthews.

About cMoney, Inc.

cMoney provides innovative secure mobile payment solutions for mobile phone users, retailers and financial institutions globally. The Company has developed an innovative way to send and receive money, pay for goods and services during a POS or online transaction, conduct transactions on their customized ATMs, and provide an online banking atmosphere utilizing patent pending mobile phone and text messaging technology. Scheduled to debut in 2012, this pioneering technology will create a "virtual wallet", which will eliminate exposure to identity and credit card theft for cMoney customers. The cMoney solution can be used anywhere that cash, checks, debit or credit cards are accepted.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

CONTACT:  cMoney, Inc. 
          Paul Matthews
          CEO 
          [phone] ext. 105
          [e-mail]

          Heritage Corporate Services, Inc.
          Jeffrey Staller
          President
          [phone]
          [e-mail]