TeacherBuilder.com and Payment Data Systems Delivers Innovative Solution for Teacher's Compliance With the Texas 'No Child Left Behind Act' - Payment Data Systems Signs Multi-year Electronic Payment Processing Agreement With TeacherBuilder.com - SAN ANTONIO, March 23 /PRNewswire-FirstCall/ -- Payment Data Systems, Inc. (OTC:PYDS) (BULLETIN BOARD: PYDS) an integrated electronic payments solutions provider, announced today that it has signed a multi-year agreement with TeacherBuilder.com to provide payment processing. TeacherBuilder.com is a company organized to assist Texas school districts and educators in achieving compliance with the No Child Left Behind Act by providing continuing education via the web to ensure that each classroom is lead by a highly qualified teacher. TeacherBuilder.com is also the first private web-based education and certification program for South Texas to be approved by the Texas State Board of Educator Certification. President and COO of Payment Data Systems, Inc. Louis Hoch, said, "We are very pleased to have been selected by TeacherBuilder.com to provide electronic payment processing for them. Since my wife is a elementary school teacher, I can from a personal perspective, attest to the incredible value of this particular program that provides convenient and effective delivery of education for teacher certification without requiring the teacher travel or to accommodate significant schedule changes." Dr. Noe Sauceda, President of TeacherBuilder.com, said, "The online payment system is an integral part of TeacherBuilder.com. Because our business serves an online audience from such a large geographical region, it's not only imperative that we provide a convenient, easy online payment solution, but that we also partner with a firm that can deliver the accurate and timely processing of a large volume of payments." About Payment Data Systems, Inc. Payment Data Systems, Inc., is an Integrated Payments Solution Provider delivering comprehensive, cost-effective solutions to billers and retailers for the processing and management of electronic payments via the Internet, point of sale, or payments taken by Customer Service Representatives or an Interactive Voice Response (IVR). Additional products available from PDS include services and products that can be implemented more quickly and less expensively than the alternative of adding multiple payments companies as these solutions offer a full range of payment processing capabilities. These service offerings include: one time and recurring ACH debits and credits, electronic lockbox and returned check services, Web pay acceptance of credit cards and checks, telephone pay to Customer Service Representatives for acceptance of credit cards and checks, Interactive Voice Response systems which completely automate the payment receiving process, and data warehousing that enable the storage and retrieval of all payment history from one location. Payment Data is the owner of the electronic bill payment portal, http://www.bills.com/ . Bills.com has the ability to transmit electronic payments to thousands of national billers. For additional information, visit http://www.paymentdata.com/ . Contact: Michael Long, Investor Relations, Payment Data Systems, Inc. 210-249-4040. About TeacherBuilder.com, Inc. TeacherBuilder.com is committed to assisting school districts in Texas meet the No Child Left Behind Act by assuring that every classroom is taught by a "highly qualified teacher." Excellence will remain constant in program design, program delivery and instructional quality. Research-based strategies for curriculum, intern support, and customer service will be the mainstay for program participants and program staff. TeacherBuilder.com will reduce travel time to and from traditional training sites so that program interns will be better able to serve their schools, their students and complete certification requirements. Program rigor will be supplemented and enhanced with the incorporation of technology already available in most, if not all, communities. For additional information, visit http://www.teacherbuilder.com/ . Contact: Noe Sauceda, Ph.D., TeacherBuilder.com. (956) 457-8041. FORWARD-LOOKING STATEMENTS DISCLAIMER Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward- looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect, our businesses and financial results in the future and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward- looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law. DATASOURCE: Payment Data Systems, Inc. CONTACT: Michael Long, Investor Relations of Payment Data Systems, Inc., +1-210-249-4040; or Noe Sauceda, Ph.D. of TeacherBuilder.com, Inc., +1-956-457-8041 Web site: http://www.paymentdata.com/ http://www.bills.com/ http://www.teacherbuilder.com/

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