The Philippines Based Company Has Extensive Strategic Ties To Commercial, Banking And Governmental Interests Throughout Asia MANILA, Philippines & PHILADELPHIA, April 29 /PRNewswire-FirstCall/ -- VERSA CARD, INC., formerly Intrepid Global Imaging 3D, Inc. (OTC:IGLB) (BULLETIN BOARD: IGLB) today reported that it completed the acquisition of 100% of the stock of First Versatile Smartcard Solutions Corporation ("FVS"), a private Philippine company solely owned by the MacKay Group Limited, a Hong Kong company (MKG) pursuant to a Stock Purchase Agreement (the "SPA"). The Company will be filing the required 8K and any other related documents in a timely manner. The transaction as described in the Stock Purchase Agreement has been completed as of April 28, 2008. The transaction was not a "merger" but an acquisition by the Company of 100% of the issued, authorized and outstanding shares of FSV such that FSV is now a wholly owned subsidiary of the Company. The initial announcement of an agreement between these parties (the "Merger Agreement") had initially been included in an 8-K filed November 27, 2007 stating that the Company had entered into a Material Definitive Agreement. The parties terminated the Merger Agreement and executed the Stock Purchase Agreement. The material consideration terms of the Merger and Stock Purchase agreements are substantially similar. The main change is in the form. All steps required to complete the transaction have been taken and have been fully approved and ratified. The Company now has an entirely new Board of Directors and Officers. The Board of Directors consists of three (3) members: James R. MacKay (Chairman), Zacarias Rivera and Dr. William Donovan. James R. Mackay is the Chief Executive Officer and Dr. William Donovan is the Company's Secretary. About Versacard Versacard (First Versatile Smartcard Solutions Corporation) A Smartcard Company within the MacKay Group Portfolio of companies, is a multiple application electronic purse on a smart card. It is an electronic payment system using a pre-paid contactless cash card that can be used to pay for purchases/transactions in transport systems, convenience stores, fast-food outlets, gas stations, drugstores, supermarkets, ATMs, cell phones, vending machines, toll roads, parking, and other commercial establishments as well as pay bills. Versacard is strategically placed to be the leader in the "Smartcard/ Cashless Revolution" and the leading provider of integrated smartcard technology in Asia. Versacard has established strategic alliances with prominent government, industry, and banking leaders, in the Philippines, India and China and the surrounding regions. Upon its official launch, millions of Versacards will be issued and may be utilized all over Asia for numerous purposes: -- Means of payment for rail, tolls and all other modes of public transit -- Government identification cards for government military and civilian workers -- Student Identification cards for school systems -- Smartcards & employee identification cards for leading banking and credit card institutions -- Employee identification cards Versacard has various industry partners who are industry leaders in transit operations, telecommunications, banking, smart card technology, loyalty, system integrators and various merchants to make Versacard available in as many places as possible. For more information go to: http://www.versacard.net/ and http://themackaygroup.net/versacard.htm . About The MacKay Group The Mackay Group (MKG) is a privately owned corporation that strives to create, pursue, develop and acquire diverse and significant opportunities around the globe. The Mackay Group has gained the respect of governments, top government leaders, and leading industry leaders around the world. MKG is sought after by government and industry leaders for our vision for creating, seizing, brokering and developing unprecedented opportunities throughout the world, especially in the area of Next Generation Technology, and for bridging opportunities between the Old and New Worlds. For more information go to: http://www.themackaygroup.net/. SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. DATASOURCE: VERSA CARD, INC. CONTACT: Zacarias Rivera of The MacKay Group, , for VERSA CARD, INC. Web site: http://www.versacard.net/ http://themackaygroup.net/versacard.htm http://www.themackaygroup.net/

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