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Pipeline Data (OTCBB: PPDA) announced today that it has signed a binding letter of intent to acquire Innovative Resource Alliance ("IRA"), the parent corporation of TenderCard, a gift, loyalty and stored value solutions provider with over 12,000 merchants based in Falmouth, Massachusetts and Merchant Services Network ("MSN"), a retail merchant services provider based in West Palm Beach, Florida, in exchange for up to 25.7 million shares of Pipeline Data Common Stock, subject to certain earn in provisions.