November 14, 2007 - The National Restaurant Association and CardFact, Ltd. have developed a partnership to offer CardFact's gift card compliance and consulting services with exclusive benefits to Association members.

"CardFact provides a high-quality service that we expect to be very attractive to our members," said Todd Mann, Senior Vice President of Business Development for the National Restaurant Association. "Given the explosive growth in gift cards, we were aware that gift card legal compliance could be a very difficult and complicated issue, and began looking for a solution. CardFact already had several Association members as clients, and came highly recommended and with industry experience. We expect these services will find a ready audience among our member companies that issue gift cards."

CardFact works with a broad spectrum of companies that issue gift cards, but is especially well suited to the restaurant industry, which is already highly regulated with respect to food safety and nutrition issues.  Instead of having to become experts on arcane gift card laws, restaurant executives who work with CardFact no longer have any concerns about gift card legal compliance, dormancy fees or escheatment.

In creating the partnership, the National Restaurant Association negotiated special pricing and benefits for its members.  Restaurants that are interested in finding out more should contact Walter Paulsen at CardFact for information about how they can take advantage of this special program.

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