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Technology Stocks : NAP: National Processing, Inc.
NAP 2.500+0.7%Dec 13 4:00 PM EST

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From: JakeStraw2/3/2004 9:10:40 AM
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Mimi's Cafe Signs Credit Card Processing Agreement with National Processing Company
Tuesday February 3, 8:55 am ET
biz.yahoo.com

LOUISVILLE, Ky., Feb. 3 /PRNewswire-FirstCall/ -- National Processing Company, LLC (NPC®), a leading provider of merchant credit and debit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), announced a multi-year credit card processing agreement with privately owned Mimi's Cafe. Under the terms of the agreement, NPC will provide authorization and settlement of all MasterCard®, VISA®, American Express®, Discover® and Diner Club® transactions accepted at all Mimi's Cafe restaurant locations.

Mimi's Cafe, based in Orange County, California, operates 82 bistro-like dining establishments that have been serving high-quality, eclectic cuisine since the first restaurant opened in 1978. Each restaurant features American dishes, made-from-scratch, in a vibrant New Orleans inspired atmosphere. Each Mimi's location is different from the rest to keep it from seeming like part of a chain of restaurants - creating visual excitement to go along with a superb dining experience.

"We are very excited to sign Mimi's Cafe," said Tim Munto, senior vice president and general manager of National Sales for NPC. "NPC has invested a significant amount of time, energy and effort developing customized payment solutions to meet the unique operating requirements of the restaurant industry. We understand the importance that credit card acceptance plays in reflecting a positive customer service experience and recognize that our customers look to NPC to provide the subject matter expertise to effectively manage the cost of card acceptance."

"Mimi's Cafe provides its guests with a unique dining experience combined with a fun, warm atmosphere," said Jim Stiefelt, controller of Mimi's Cafe. "This strategy has worked very well for us in keeping Mimi's Cafe unique and fresh in the minds of our customers. In addition, we look to our strategic partners to assist in continuing to provide our customers with the level of service they have grown to expect. That is why we selected NPC - we knew they could deliver fast, cost-effective processing with first-class service."
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