Q Comm International Announces the Closing of Equipment Lease Financing

Orem, UT August 12, 2004 -- Q Comm International, Inc. (Amex: QMM; QMM.WS), a provider of prepaid transaction processing, today announced the closing of $800,000 in equipment lease financing. Two separate lenders participated in the transaction. Both leases have effective rates of less than 10% annual interest and require a 50% standby letter of credit to be issued to the lenders. The term of the leases are from 20 to 24 months. The company intends to draw down the entire amount of this lease financing in the next 60 to 90 days.

Terry Kramer, CEO and President of Q Comm, "We are pleased with the attractive rates we secured in this transaction. Financing of this type allows us to better match the cost of the terminal with the cash flows we derive from them. These additional funds will assist us in the continued growth of Q Comm."

ABOUT Q COMM INTERNATIONAL:   
Established in 1992, Q Comm International provides proprietary prepaid transaction processing and information management systems that facilitate electronic recharge or distribution of prepaid products from service providers or their distributors to retail points of sale. Q Comm's solutions replace traditional hard cards (also known as scratch cards or vouchers) that are costly to distribute, and provide more comprehensive reporting and inventory management, among other benefits. In concert with its proprietary data center platform, Q Comm's point-of-sale terminal, Qxpress 200™, is currently used by wireless telecommunication carriers or mobile telecommunication operators, telecommunication distributors, and various retailers to sell a wide range of prepaid products and services, including prepaid wireless or prepaid mobile telecommunication services, prepaid phone cards, prepaid dial tone service, and prepaid bank cards, such as prepaid MasterCard. Visit www.qcomm.com for more information.

Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. The economic, competitive, governmental, technological and other factors identified in the Company's filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2003, may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

Contact
Scott Liolios
Liolios Group, Inc.
+1 (949) 574-3860

Terry Kramer
Q Comm International, Inc.
+1 (801) 805-6011




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