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U.S. Bank Multi Service Aviation to Offer Free GEOS Travel Security Services

OVERLAND PARK, Kan.--(BUSINESS WIRE)--April 3, 2007--Multi Service Aviation, an aviation credit card provider and payment processor with U.S. Bank, has reached an agreement with Travel Safety Group, commonly known as GEOS, to offer current and future Multi Service Aviation Cardholders and their employees free GEOS Traveler basic service, along with discounts on other service packages. The service would otherwise cost $71.40 (U.S. Dollars) per year.

Through this agreement, Multi Service Aviation Cardholders worldwide will be able to take advantage of GEOS' global security, intelligence, and mobile communication solutions and purchase any upgraded services or recurring expenses on the Multi Service Aviation Card. Features of the GEOS Traveler service include the ability to locate a client's GPS cell-phone to an accuracy of 15 feet almost anywhere in the world to render assistance in emergencies or send urgent alert messages of developing serious situations that may affect a traveler's safety.

"We are excited to offer GEOS security programs to our cardholders," said Diane Criswell, vice president of Multi Service Aviation. "Safety and security is a major concern for many of our cardholders, especially those who travel internationally. We are offering the free GEOS Traveler service to help them take control of the risks associated with travel, and GEOS offers the experience, technology, and reliability that make it a top services provider in its industry."

GEOS offers a comprehensive coordinated approach designed to reduce and even eliminate many of the risks involved with corporate and personal travel. By combining specialists from international intelligence, corporate security, advanced technology and communications into a single cooperating group, GEOS is rapidly developing into the largest and most effective organization of its type in the world. Through its Traveler programs, GEOS provides travelers and organizations with multiple integrated safety and security components that work together to ensure overall safety while conducting business throughout the world. Critical areas of travel safety and security are addressed by individual and integrated components of the program.

"This agreement with Multi Service Aviation simplifies the business of ensuring the safety and security of Multi Service Aviation client operations and their employees all under a 'one-stop-shop' concept," said Bob Davis, chief executive officer of GEOS. He went on to state that, "GPS phones registered with our patented GEOS System ensure that members receive relevant and critical information wherever they are in the world. Our GEOS Command and Control Center, through our Global Emergency Monitoring (GEM) system, can notify up to one million members per hour of any emerging threat, which provides proactive emergency information that helps keep travelers safe. We very much look forward to the opportunities this announcement holds and in working with Multi Service Aviation and their cardholders."

Enrollment in the GEOS Multi Service Aviation program is voluntary, and registration can be completed by contacting Multi Service Aviation by e-mail at msacustomerservice@usbank.com or by phone at 877-MSA-CARD or 913-344-6590. Cardholders may also register for membership by using the Member Sign Up form on the GEOS website www.geosalliance.com (quoting their Multi Service Aviation card number) or contact GEOS at questions@geosalliance.com. For more information about the program, including a list of frequently asked questions, visit www.aviation.multiservice.com/geos.

About GEOS - Travel Safety Group - "We're there when you need us"

Travel Safety Group/GEOS is a worldwide organization dedicated to the provision of safety and security services to travelers. The GEOS core technologies have been developed over the last 10 years and seamlessly integrated into the GEOS service programs, providing a fusion of state-of-the-art technology with the unparalleled experience of the best and most respected specialists in the field of international personal and corporate protection and communications. GEOS programs offer an entire world of best of breed services that encompass security, safety and reliable communications for corporations as well as domestic and international travelers. As of September 2005, GEOS has offices in the United States, United Kingdom and Australia and is growing continuously. To learn more about GEOS Alliance, visit www.geosalliance.com.

About Multi Service Aviation

For over 25 years, Multi Service Aviation has served the aviation industry with financial integrity, security, and unsurpassed customer service. The Multi Service Aviation Card is accepted worldwide by more than 7,500 aviation service providers in over 190 countries. Multi Service Aviation provides cardholders with customized billing, free online account maintenance, and savings on fuel, while giving merchants account flexibility, free business promotion, competitive card processing, and fast transaction authorization and settlement. Multi Service Aviation promises that whatever you fly, wherever you go, the Multi Service Aviation Card is the only card you need. To learn more about U.S. Bank Multi Service Aviation, visit www.aviation.multiservice.com.

Multi Service Aviation is part of U.S. Bank Corporate Payment Systems. U.S. Bank is the 6th largest commercial bank in the United States, and its parent company, U.S. Bancorp (NYSE:USB) has $219 billion in assets. The company operates 2,472 banking offices and 4,841 ATMs, providing a full line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.


    CONTACT: U.S. Bank Media Relations
             Teri Charest, 612-303-0732
             or
             Multi Service Aviation
             Jill Heisterkamp, 913-344-6532

    SOURCE: U.S. Bank Multi Service Aviation
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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