MANILA, Philippines, and LAGUNA HILLS, Calif., Sept. 10 /PRNewswire-FirstCall/ -- mobiclear, Inc. (OTC Bulletin Board: MOBI; Frankfurt: B3CA), (http://www.mobiclear.com), owner of the unique, patent pending Personal Identification Verification (PIV) solutions system to help eliminate credit and debit card fraud, said today that it has signed agreements to both commercialize and finance its PIV products. Commercial operations are expected to commence in this year's fourth quarter.

mobiclear announced that it has signed agreements with Bastion Payment Systems (http://www.bastionpaymentsystems.com) to commercialize and host its PIV products. "With these agreements mobiclear should be able start commercial operations in the fourth quarter," said Stephen P. Cutler, CEO.

mobiclear and Bastion have also agreed on a financing arrangement in which Bastion will provide mobiclear with a credit facility to be used to pay for the Bastion services.

"This is excellent news for mobiclear and its shareholders," said Mr. Cutler. "This provides a way to bring mobiclear's products to commercial reality along with a funding mechanism that enables mobiclear to move forward without expending cash up front."

mobiclear also announced the signing of an investment banking agreement with PHD Capital (http://www.phdc.com) and the raising of $200,000 from the private sale of securities. Jody Eisenman, CEO of PHD Capital, stated, "We are excited about working with mobiclear. We believe that credit card fraud is, unfortunately, a huge global problem that is growing dramatically. mobiclear has a unique user friendly platform that provides a real solution."

"These developments are the next step in the Company's efforts to implement its business plan. We are delighted with the support shown by Bastion and the continuing relationship with PHD," mobiclear's CEO said.

ABOUT mobiclear: mobiclear, Inc. (OTC BB: MOBI; Frankfurt: B3CA), (http://www.mobiclear.com), headquartered in Manila, Philippines, offers a range of solutions to credit card and debit card fraud based on its patent-pending Personal Identification Verification system. It also offers products to ensure against fraud in all electronic transactions, including telephone and Internet transactions.

Note: 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 Act of 1934 and are subject to the safe harbor created by those rules. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. These statements including those related to being in a large and growing market, exhibiting rapid growth characteristics, and having a growth strategy, are forward-looking statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or assumptions in this press release include the risk that we will not be able to grow our revenues and market share, the risk that our prices do not remain competitive and the risk that we will not achieve profitability. Additional risks are identified and described in the Company's public filings with the Securities and Exchange Commission, including our most recent Report on Form 10-KSB, and Reports on Form 10-Q and Form 8-K. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.



     CONTACT: mobiclear, Inc.
     Paul Knopick
     E & E Communications
     (949) 707-5365
     investorrelations@mobiclear.com
     pknopick@eandecommunications.com

SOURCE mobiclear, Inc.