InteliSpend Prepaid Solutions™ Announces Bergdorf Goodman as New DirectSpend® Merchant

ST. LOUIS, March 7, 2011 /PRNewswire/ -- InteliSpend Prepaid Solutions,™ a business-to-business incentive industry leader, recently added Bergdorf Goodman to its DirectSpend® merchant portfolio. DirectSpend is a patented prepaid card acceptance process that allows clients to strategically direct cardholder spend to a specific merchant or group of merchants (U.S. Patents 5,689,100 and 5,956,695, and Canada Patent 2,215,969). InteliSpend leverages this process for businesses to use in corporate incentives, employee programs, and consumer promotions to create memorable reward experiences at a selection of top retail, travel, and entertainment establishments.

(Logo:  http://photos.prnewswire.com/prnh/20100720/CG37991LOGO)

Standing at the crossroads of Fifth Avenue and 58th Street in New York City, Bergdorf Goodman is renowned for its elegance, luxury, and gracious service. The store offers its clientele a precisely edited selection of the finest merchandise from the world's most exclusive designers. Unique and inviting, charming and adventurous, there is only one Bergdorf Goodman in the world.

"Bergdorf Goodman is a world-renowned brand with an impressive legacy," noted Lisa Dorn, InteliSpend vice president of merchant partnerships. "Their signature store will offer a one-of-a-kind shopping experience for cardholders in New York, and www.bergdorfgoodman.com will appeal to the online shopper seeking the unique luxury of this Fifth Avenue landmark in their own home."

About InteliSpend Prepaid Solutions

InteliSpend Prepaid Solutions, LLC, a subsidiary of Maritz Holdings, Inc., is an issuer and reseller of American Express®-branded prepaid products, and a program manager for Visa, MasterCard, and Discover. InteliSpend provides businesses with prepaid solutions, including stored-value cards, online reward management technology, and program management. Its products address a broad array of applications, such as employee reward and recognition, sales incentives, expense management, and consumer promotions. InteliSpend is headquartered in Fenton, Mo., and is a licensee of U.S. Patents 5,689,100 and 5,956,695 and Canadian Patent 2,215,969. For more information, please contact [email protected].

About Bergdorf Goodman

Bergdorf Goodman is a member of the Neiman Marcus Group. The Neiman Marcus Group, Inc. operations include the Specialty Retail Stores segment and the Direct Marketing segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing segment conducts both print catalog and online operations under the Neiman Marcus and Bergdorf Goodman brand names. Information about the company can be accessed at www.neimanmarcusgroup.com.

SOURCE InteliSpend Prepaid Solutions