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TuitionFund Granted Third Patent Covering Merchant-Funded Rebate and Rewards Programs

Wednesday, March 02, 2011

Nashville, TN -- TuitionFund, LLC, a Tennessee-based provider of savings solutions, announced today that the U.S. Patent and Trademark Office has granted the company a third patent on its technology for merchant-funded rebate and rewards programs.

TuitionFund’s patented rebate and rewards technology is designed to help families and individuals save money for any purpose, including college tuition, healthcare expenditures, and other major expenses. Merchants and financial institutions that utilize TuitionFund’s patented technology can help their customers save money while at the same time building their brands.

U.S. Patent No. 7,899,704, TuitionFund’s latest patent, expands the company’s intellectual property rights even further. All together, the TuitionFund patent portfolio covers technology for transactions using credit or debit card accounts, and other forms of payment.

“At TuitionFund, it is our mission to help everyday Americans save more money,” said Michael Thompson, chairman and president of TuitionFund. “The revolutionary technology covered by our latest patent makes our programs accessible to a growing number of consumers.”

About TuitionFund®

TuitionFund® technology provides a means to turn everyday purchases into financial savings which can be used for a variety of purposes. TuitionFund’s patented rebate and rewards technology is covered by U.S. Patent Nos. 7,499,872, 7,653,572, and 7,899,704.

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