"
Paramount is America's oldest and third largest greeting card
company, offering over 30,000 cards , wraps and related products.
Premier Greetings, also based in Pawtucket, RI, supplies leading
retailers across North America with top quality cards and traffic
building value-marketing programs.

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premiergreetings .com) supplies retailers in the U.

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"
Mark Deuschle, Executive Vice President for Premier Greetings ,
said, "FCPO is a leader in the social expressions arena and has a
history of innovation. "Chase Paymentech Solutions is delighted to offer the latest in
payments technology to Incredible Technologies customers," said Robert
Wechsler, Executive Vice President, Sales + Service, Chase Paymentech
Solutions . This is incremental business that can't be
ignored.

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I.

Credit Card Payments on Golden Tee Games Move Amusement Industry Closer to 'Cashless Coin-Op' Scenario

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"Offering a potential new player the ability to try out the
game by using their credit or bank card should encourage more first-time,
impulse plays and, hopefully, result in a growing player base for our
industry.

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----Hamilton Davison,
President and Chief Executive Officer of Paramount Cards Holding
Corporation, announced today that the company's Premier Greetings
division entered into a definitive supply agreement with Factory Card
+ Party Outlet Corp."
Gary W.

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Business Editors

PAWTUCKET, R. (NASDAQ: FCPO) as its primary supplier of
everyday and seasonal greeting cards for all of its stores.
Davison said, "With a product line second to none, Premier
Greetings leverages nearly 100 years of experience marketing through
retail outlets ranging from discount to specialty card and party
stores. "Credit cards will allow Golden Tee players
to stay longer in locations and play more games.

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ARLINGTON HEIGHTS, Ill.

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Now
players are no longer limited to the cash in their pockets when they play
Golden Tee LIVE.

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"
Based in Pawtucket, Rhode Island, Paramount Cards markets
beautifully designed greeting cards, wraps and related products
produced in state -of-the-art factories in North America."
Chase Paymentech Solutions was chosen by IT to administrate the Golden Tee
LIVE credit card program because of their leadership in financial transaction
processing . "It shows a savvy business strategy to offer their customers the
ease of use and convenience that comes with credit card payments.

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, The use of credit cards
for payment of goods and services continues to grow at a record pace."
According to Steve White, editor of RePlay Magazine, a leading industry
trade journal, the amusement game industry has run almost exclusively on coins
paper currency .

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Under the agreement, substantially
all the cards offered by FCPO will be supplied by Paramount's Premier
Greetings."
Andy Meehan, Executive Vice President of Marketing, added, "With
one of the industry's fastest, most efficient supply chains Premier
Greetings will provide FCPO with turnkey service.

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"
When credit cards are introduced in traditional "cash only" industries,
where small ticket transactions are most common, merchants typically see a 20%
increase in business.

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"Players have embraced non-cash payments," said
Kniaz.

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Davison said, "FCPO's choice of Premier Greetings reaffirms our
position as the leader in value marketing of greeting cards.
Until now.
Incredible Technologies, the largest manufacturer of coin-operated video
games in the United States , announced today that Golden Tee LIVE has now added
credit card payments to an already impressive list of innovations. "Thousands of games of Golden Tee LIVE are played everyday -- with no
cash going into the game.

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We are
delighted to have concluded the supply agreement. But in
the coin -operated amusement industry where "cash is king" is more fact than
cliche, credit cards have made little impact.
"We want to remove barriers to play," said Larry Hodgson, IT's vice
president of product development. It's the next logical step
for our game and our industry.

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Paramount Cards ' Premier Greetings Division Wins Major Account as Primary Card Supplier for Factory Card + Party Outlet

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"


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Golden Tee LIVE offers players the largest variety of payment options of
any coin-operated video game: Cash, PPA's (Personal Player Accounts), gift
cards and now credit cards .

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We are proud to be its primary supplier of
cards.

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Premier Greetings won the highly contested account and will begin
shipping product to the company's 184 Company-owned retail stores
during the first half of this year.


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Rada, President and Chief Executive Officer of Factory
Card and Party Outlet said, "Our relationship with Paramount marks a
major milestone in our Company's 20-year history, broadening our
position as the leading provider of exceptional quality, value priced
social expressions merchandise. We believe the Premier Greetings
offering will re-energize our card sales and bolster our position as
one of the foremost specialty retailers of greeting cards and party
supplies in the United States. Premier
Greetings (www.S.
and Canada top quality cards and traffic building value-marketing
programs.

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