Cash Technologies, Inc., is a Delaware corporation, incorporated in August 1995. The Company and its wholly-owned and majority-owned subsidiaries National Cash Processors, Inc., a Delaware corporation; CoinBank Automated Systems, Inc., a Delaware corporation; CoinBank Automation Handels GmbH, organized operating in Salzburg, Austria, CashTechCard Systems, Inc., a Delaware corporation, CT Holdings, LLC., a Delaware corporation of which its own 86.65%, Claim-Remedi Services, Inc., a Delaware company, formed in May, 2004, to engage in healthcare data processing and debit card issuance, TAP Holdings, LLC and CPI Holdings, LLC. CTI is currently managing its subsidiary operations and providing EMMA and other software development resources to subsidiaries; Claim-Remedi Services, Inc. provides healthcare software and data processing;. CBE functions as a European sales office for the Company and CPI Holdings operates its auto parts manufacturing operation. Other entities are inoperative. On May 5, 2008, CPI Holdings, LLC acquired certain assets of Champion Parts, Inc. The Company is engaged in the remanufacture and sale of carburetors, throttle body injection systems and diesel injection pumps, for domestic and foreign automobiles and light trucks, to automotive warehouse distributors and retailers throughout the United States. In late 2004, the Company expanded its data processing initiatives into the healthcare and debit card industries by establishing its Claim-Remedi Services, Inc. and CashTechCard Systems, Inc. subsidiaries and hiring executive staff experienced in those industries. Claim-Remedi's products include: ProIdentify, which allows determination of a patient's insurance eligibility status in real time, allowing healthcare providers to avoid eligibility losses that affect approximately 6% of insurance claims. Pro837, a claim editor that could be implemented by both health care providers and insurers, permitting healthcare organizations to identify and correct insurance claims that contain errors or invalid information. ProClaimSubmit, an 'all-payer' claims clearinghouse that permits health care providers to submit the company's claims to virtually any insurer in the U.S. through a single internet connection. The healthcare industry is plagued with data communications and compatibility problems that financial services and other industries solved years ago using modern data processing tools. To healthcare providers, Claim-Remedi offers Pro837, ProIdentify and ProClaimSubmit. Although it has received U.S. Patents with respect to its CoinBank machine and EMMA technology, there could be no assurance that these patents would afford the Company with any meaningful protection.