Article: Equitex Subisidiary Chex Services to Receive 50% Participation Interest in Available Money, Inc.

Business Editors

ENGLEWOOD, Colo. & PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Jan. 8, 2004

Equitex, Inc. (NASDAQ: EQTX) announced today that its wholly owned subsidiary, Chex Services, Inc., has acquired a 50% revenue and income participation interest in iGames Entertainment, Inc.'s acquisition of Available Money, Inc. announced today. Chex Services provided financing assistance in closing the transaction.

Available Money, Inc. of Los Angeles, California, generates over $10 million in annual revenue through cash access services in 18 locations, 15 of which are traditional casino operations. Available Money provides a majority of its services ...

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