PROGENY MARKETING INNOVATIONS TEAMS UP WITH
FRANK W. ABAGNALE TO ENDORSE PRODUCTS AND SERVICES

Subject of Steven Spielberg’s new movie and author of “Catch Me If You Can” to promote marketing of fraud prevention and security benefits to 6,500 financial institution customers

NASHVILLE, Tenn. (September, 2002) - Progeny Marketing Innovations—a Franklin, Tenn.-based marketing strategies and revenue enhancing services company—and Frank W. Abagnale—one of the world’s most respected authorities on fraud prevention—have entered into an agreement to explore and promote security and fraud protection products and services.

Under the exclusive, two-year agreement, Abagnale, known worldwide as an expert on forgery, embezzlement and secure documents, will also serve as a marketing and advertising spokesman for Progeny Marketing Innovations as the company markets to banks, credit unions and mortgage companies, and taps into other consumer product and service industries.

“We are excited about this unique, new relationship that brings together the world leader in marketing strategies to financial institutions with the preeminent expert on fraud prevention to offer truly one-of-a-kind secure products and services,” said Dan Tarantin, president and CEO of Progeny Marketing Innovations. “This will enhance our relationships with current customers and appeal to a whole new generation of consumers. It’s a win-win relationship.”

Abagnale will endorse some of the company’s current and future marketing products and services such as credit card security, ID Network child safety service protection, secure checks for small business and Privacy Guard, a service that allows customers to check personal records affecting their credit history as well as medical records and driving records.

“I look forward to working with Progeny Marketing Innovations, and helping them develop technologies and products to help their financial customers reduce fraud, as well as help the institutions’ customers—both business and consumer—deal with the unfortunate problems of fraud, embezzlement, forgery and identity theft.”

Abagnale has lectured to and consulted with hundreds of financial institutions, corporations and government agencies around the world for more than 25 years. Prior to that, Abagnale was one of the world’s most famous confidence men—he cashed $2.5 million in fraudulent checks in every state and 26 foreign countries.

He is also a best-selling author of such books as “The Art of the Steal” and “Catch Me If You Can,” which is being made into a major motion picture of the same name. The “Catch Me If You Can” movie is directed by Steven Spielberg and stars Leonardo DiCaprio, Tom Hanks and Christopher Walken, and is slated to be released on Christmas Day 2002.

Abagnale is associated with the FBI, and lectures extensively at the FBI Academy and FBI field offices. More than 14,000 financial institutions, corporations and law enforcement agencies use his fraud prevention programs.

Between the ages of 16 and 21, he successfully posed as an airline pilot, attorney, college professor and pediatrician. Apprehended by French police when he was 21, Abagnale served time in the French, Swedish and U.S. prison systems. After five years, he was released on the condition that he would help the government—without remuneration—by teaching and assisting federal law enforcement agencies.

The relationship between Abagnale and Progeny Marketing Innovations is one of many exciting new developments on the horizon for the company in 2002. Progeny Marketing Innovations is extending the scope of its businesses by identifying new markets and products for future growth, while enhancing and maintaining its strong consumer marketing strategies and revenue generating services.

Based in Nashville, Tenn., Progeny Marketing Innovations provides turn-key marketing strategies, as well as revenue-generating products and services, that enhance client relationships. Major clients include more than 6,500 banks, credit unions and mortgage companies across the country. Progeny Marketing Innovations is a subsidiary of Cendant Corporation, a global leader in business and consumer services with name brands in hospitality, real estate, financial, vehicle and travel distribution services including Days Inn, Ramada Inn, Century 21, Coldwell Banker and Avis.