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Case 1:04-cv—OO180-KAJ Document 119-2 Filed O4/O4/2005 Page 1 013

Case 1 :04-cv-00180-KAJ Document 1 19-2 Filed O4/O4/2005 Page 2 of 3
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Copyright 2004 Business Wire, Inc.
Business Wire
. January 8, 2004 Thursday
Correction Appended
DISTRIBUTION: Business Editors
LENGTH: 727 words
HEADLINE: Equitex Subisidiary Chex Services to Receive 50% Participation Interest in Available Money, Inc.
DATELINE: ENGLEWOOD, Colo. & PALM BEACH GARDENS, Fla., Jan. 8, 2004
BODY:
The release was issued III error. Please replace the release with the following corrected version.
The corrected release reads:
EQUITEX SUBISIDIARY CHEX SERVICES TO RECEIVE 50% PARTICIPATION INTEREST IN
AVAILABLE MONEY, INC.
Equitex, Inc. (NASDAQ: EQTX) annotmced today that its wholly owned subsidiary, Chex Services, Inc., has
provided financing assistance for closing on iGames Entertainment, Inc.'s acquisition of Available Money, Inc.
announced today. This financing was provided in the spirit ofthe pending acquisition of Chex Services by iGames as
previously announced. Under the terms ofthe financing, Chex Services, Inc. provided $2,000,000 in cash at closing,
and agreed to provide an additional $2,000,000 in 60 days to fund the second installment of the purchase price. The
terms ofthe financing will provide Chex Services, Inc. with a 50% participation in Available Money's revenues and
income for not less than 90 days subject to certain extensions, and a 50% participation in Available Money's income
until the financing is repaid.
Available Money, Inc. of Los Angeles, Califomia, generates over $10 million in annual revenue through cash
access services in 18 locations, I5 of which are traditional casino operations. Available Money provides a majority of
its services through ATM transactions and processed approximately 5.8 million transactions at 103 ATM machines in
2003.
"We are pleased to assist iGames Entertainment with their acquisition of Available Money and are corrtident this
strategic acquisition will open new avenues for both Chex Services and iGames," stated Chex Services President, Jim
Welboum. "We are here to assist iGames and Available Money in any way we can and are certain this transaction will
strengthen the position of both companies as we move toward the timely closure ofthe Chex - iGames transaction."
Equitex, Inc. is a holding company operating through its wholly owned subsidiary Chex Services of Minnetonka,
Minnesota, as well as its majority owned subsidiary Denaris Corporation. Chex Services provides comprehensive cash
access services to casinos and other gaming facilities. Denaris was formed to provide stored value card services.
The statements included in this press release concerning predictions of economic performance and management's
plans and objectives constitute forward- looking statements made pursuant to the safe harbor provisions of Section 21E
ofthe Securities Exchange Act of 1934, as amended, and Section 27A ofthe Securities Act of 1933, as amended. These
statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking
statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in
Equitex's Securities and Exchange Cornrnission filings; completion of due diligence, shareholder approval, regulatory

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Business Wire January 8, 2004 ThursdayCorrection Appcnded
approvals and certain other pre—closing conditions for ali incomplete merger or acquisition transactions; economic
downtums affecting the operations of Equitex its subsidiaries or companies proposed for merger or acquisition; the loss
of contracts or failure to acquire new contracts; failure to successfully implement newly developed product lines
including projected increases in revenues or earnings; the termination of previously announced acquisitions; delays or
the inability to obtain regulatory approvals for previously announced acquisitions; the inability to initiate or complete
any contemplated restructuring, offering, acquisition, disposition or other transaction; adverse financial performance by
Equitex or any of its subsidiaries; failure to obtain or maintain regulatory approval for products and services offered by
Equitex or its subsidiaries; the inability to collect amounts due to Equitex hom the FDIC or Net First National Bank;
adverse equity market conditions and declines in the value of Equitex common stock; and the unavailability of financing
to complete managements plans and objectives. The forward-looking statements contained in this press release speak
only as ofthe date hereof and Equitex disclaims any intent or obligation to update these forward-looking statements.
CONTACT: Equitex, Inc.
Thomas B. Olson, 303-796-8940
URL: http://vv»vw.busi11esswire.com
LOAD—DATE: January 9, 2004

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