KING OF PRUSSIA, Pa., Aug. 20 /PRNewswire-FirstCall/ -- Money Centers of America, Inc. ("MCA" or the "Company") (OTC Bulletin Board: MCAM) today announced that it has filed its 10-Q with the Securities and Exchange Commission and its financial results for the quarter ended June 30, 2008.

Highlights of 10-Q for periods ending June 30, 2008

-- 6.2% Revenue increase for six months ending 6/30/08 compared to 6/30/07



    --  $260,000 in new recurring revenue from new contracts.

    --  $600,000 reduction in debt.

-- SG & A includes a non-recurring one time expense in excess of $205,145.

-- Decrease in interest expense for the quarter and six month reporting periods.

-- Operating Expenses include $274,292 in non-cash expenses for the quarter in addition to a decrease in equity compensation for the six month period ending 6/30/08 compared to 6/30/07

"We are excited that we have accomplished substantial improvements in the key fundamentals of our business, and its just the tip of the ice berg of what we believe the company's future holds," said Christopher Wolfington, Chairman and CEO of Money Centers of America. "The weak economy combined with our OnSwitch(TM) Solution's needle moving economics for our customers has created the perfect storm of opportunity that positions us to disrupt the status quo and create a paradigm shift in our industry," said Wolfington.

About Money Centers of America

Money Centers of America, Inc. is a financial technology company providing cash access services, Transaction Management Systems, and financial networks to the gaming industry, utilizing a customer-centric approach that is aimed at leveraging technology, generating value, and creating measurable results in profitability, customer satisfaction and loyalty. For a complete corporate profile on Money Centers of America, Inc., please visit our corporate website at http://www.moneycenters.com .

Safe Harbor:

All statements in this document that are not historical are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Money Centers of America's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Money Centers of America's periodic reports on Form 10-KSB and Form 10-QSB filed with the Securities and Exchange Commission, including, in particular, the section entitled "Risk " in Money Centers of America's annual report on Form 10-KSB for the year ended December 31, 2007. Money Centers of America expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained in this document.

SOURCE Money Centers of America, Inc.