Pipeline Data Inc. (OTCBB: PPDA), a provider of payment processing solutions and services, today announced its financial results for the calendar year ended December 31, 2007.

Revenue increased $8.1 million or 19% to $49.9 million for the year ended December 31, 2007 from $41.8 million for the year ended December 31, 2006.

EBITDA before adjustments increased 70% from $3.4 million for the year ended December 31, 2006 to $5.8 million for the year ended December 31, 2007.

Gross Profit, which is defined as total revenue less interchange fees, cost of services sold and cost of goods sold, increased 19% to $17.7 million for the year ended December 31, 2007 from $14.9 million for the same period in 2006.