MARKHAM, ON, MAY 17, 2017 – Everlink Payment Services Inc. is pleased to announce that Canadian Western Bank (“CWB”) has extended their processing agreement with Everlink for an additional term and expanded their service to utilize Everlink’s Card Issuance Solutions, enabling CWB to offer contactless Debit to their customers.

“Our continued partnership with Everlink aligns with our efforts to provide superior service for our clients,” said Stephen Murphy, Executive Vice President at Canadian Western Bank. “We’re focused on introducing more products and services over time that will help our clients grow their businesses, like tap-enabled debit cards. Working with Everlink continues to open doors for us to broaden our client relationships and we’ve been very pleased with our shared commitment to strong customer service.”

“We are thrilled that Canadian Western Bank has made the decision to renew our Transaction Processing Agreement for an additional term,” says Mark Ripplinger, President & CEO at Everlink. “We are extremely proud of our ongoing, well-standing partnership with CWB, and we look forward to continuing to extend and deepen our relationship with them throughout and well beyond the coming term.”

Delivering payments solutions to Financial Institutions for over 30 years, Everlink operates a reliable, industry standard payments processing platform with redundant architecture, rock-solid stability and top-quartile performance. Everlink has provided a number of innovative payments solutions, many of which were “firsts” in Canada, and is well positioned as a leader in the Canadian payments industry.

CWB Financial Group (CWB) is a diversified financial services organization serving businesses and individuals across Canada. Operating from its headquarters in Edmonton, Alberta, CWB’s key business lines include full-service business and personal banking offered through 42 branches of Canadian Western Bank and Internet banking services provided by Motive Financial. Highly responsive specialized financing is delivered under the banners of CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage. Trust Services are offered through Canadian Western Trust. Comprehensive wealth management offerings are provided through CWB Wealth Management, which includes the businesses of McLean & Partners Wealth Management and Canadian Western Financial. As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols “CWB” (common shares), “CWB.PR.B” (Series 5 Preferred Shares) and “CWB.PR.C” (Series 7 Preferred Shares). Learn more at www.cwb.com.

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and independent sales organizations across Canada. In addition to supplying best-in-breed technology infrastructure and payment network connectivity via our well established Payment Network Gateway, we offer a diversified range of integrated payments Lines of Business including: ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Professional Services and SME Solutions.

# # #