August 29, 2008

EVERLINK PAYMENT SERVICES INC.

EVERLINK PAYMENT SERVICES APPOINTS TOM DOLAN AS STRATEGIC SALES, CHANNELS AND ACCOUNTS MANAGER.

TORONTO, Aug 29, 2008 - Everlink, a leader in the dependable, secure delivery of Electronic Transaction Switching services in the Canadian marketplace announced today the appointment of Tom Dolan to the key position of Strategic Sales, Channels & Accounts Manager. Tom Dolan brings with him 10 years of management and technical architecture experience in leading sales and marketing initiatives at industry-leading companies. In his new role at Everlink, Tom will be charged with expanding Everlink’s market-share, maintaining and growing key accounts, and steering product development plans by leveraging his varied front-line and market-sensitive acumen and experience.

"We are very pleased and excited to have Tom join our team and enhance our sales and business development strategies," said Peter Kalogiannides Vice-President of Customer Relations, Sales and Marketing Everlink. "Attracting a seasoned industry professional of Tom’s caliber is a testament to the new and progressive culture of excellence at Everlink. We firmly believe Tom’s subject matter expertise in the areas of bank-level credit card and debit card processing systems will positively and immediately impact Everlink towards our next phase of aggressive growth.

"I look forward to being a part of this dynamic organization and helping Everlink take advantage of the tremendous opportunities in the electronic payments industry," said Tom Dolan, Strategic Sales, Channels & Accounts Manager. "Everlink, with a strong ownership association with Metavante and Celero, has demonstrated a renewed commitment to the market with bold and assertive pricing, new product initiatives and a leadership position in EMV Chip technologies. This company is poised for growth and I look forward to sharing our solid complement of products, solutions and services with the Canadian and Global marketplace.”

Tom Dolan is a seasoned manager with experience building high performance sales and marketing organizations in the domains of technology and financial services. Tom Dolan was most recently Senior Vice-President of Conquest Financial, a Toronto-based financial services company, where he was responsible for sales and marketing initiatives, including account management, industry partnerships and product development. Prior to his role at Conquest Financial, Tom was the Sales Director for INKAS finance and has also held senior and holding positions at Monitex Inc., Digital Media Communications, Z-Marketing, and ICS Technologies.

About Everlink

Everlink Payment Services Inc. was formed in 2003 in partnership with its shareholders Metavante Corporation and Celero Solutions and is a leader in the dependable, secure delivery of electronic transaction switching services to Financial Institutions and ISOs in the Canadian marketplace.

Everlink became a Direct Connector on the INTERAC® Inter-Member Network (IMN) in 2004 and acquired the CGI/CDSL switching assets in December 2005. Under the leadership of the company’s Executive Team and our exceptional team of talented associates, we operate a value-added CyberGateway technology platform where we reliably process in excess of half billion issuer and acquirer transactions annually.

Operating three direct connect nodes to INTERAC, as well as being the central switch provider for the Canadian Exchange® Network, the ACCULINK™ Network, the Acxsys Cross Border Debit Services, and through our numerous connections to both debit and credit payment networks, we excel at connecting partner organizations to hundreds of thousands of Automated Teller Machines and Point of Sale devices worldwide.

News

A Canadian First: Sunova Credit Union Instantly Issuing EMV Debit Cards Leveraging the Everlink Instant Card Issuance Solution » Read More

Everlink Implements Key Strategic Organizational Changes » Read More

Everlink Appoints Barry Stewart as Strategic Account Manager » Read More

Servus Credit Union to pilot Everlink Fraud Management » Read More

First Nations Bank of Canada Selects Everlink as their Preferred Switching Services Provider » Read More

Everlink Processing with Fraud Management Protection » Read More

Caisse Populaire Groupe Financier Ltée to process transactions through Everlink » Read More

Bank of China (Canada) to process transactions through Everlink » Read More

Industrial and Commercial Bank of China (Canada) to process transactions through Everlink » Read More

Everlink Enables EMV Certified Hypercom Devices » Read More

Korea Exchange Bank of Canada to process transactions through Everlink » Read More

Everlink is Awarded a $100+ Million Contract for services to Canadian Credit Unions. » Read More

Everlink Key Facts

3.3 Million National Customers through 330 credit unions, 50 Schedule I, II & III Banks, 4 Group & Intercept Processors and a growing number of ISOs

4-Year Performance Reliability: 99.9992%. 99.9998% in 2011 & 2010; 99.9970% in 2009; 100% in 2008

EMV Certified with Interac, VISA and MasterCard

PCI DSS compliant

600 Million Debit & Credit Transactions Annually - $15 Billion in Transactional Value

75% of Canadian Credit Unions use Everlink driving and switching solutions

Everlink is owned by FIS & Celero Solutions

Everlink is an Interac Certified leading expert in EMV Chip Technologies and capabilities - Member of exclusive multilateral K-W Trial

Everlink services the payment transaction business needs of over 370 organizations