Everlink has completed the EMV upgrades to the Everlink node and will make the C2C and CUCC Interac Nodes EMV ready by the end of the second quarter 2009. This phase involves re-architecture of the Everlink CyberGateway infrastructure at the regional level relative to the credit union system specific environment, implementation of the EMV software upgrade, and Node quality assurance testing. Following this activity, we will begin external certification and validation to Interac®, Visa® and MasterCard® and certification testing to system suppliers such as CUETS. The Everlink node is currently Interac EMV Chip certified to SCD certification standards. Everlink also participates in Interac EMV Chip Committees.

Interac Association conversion target dates

* Non-EMV Chip compliant ATMs will be cut off from the Shared Cash Dispensing network after 2012.

** Non-EMV Chip compliant POS will be cut off from the Interac Direct Payment network after 2015.

In order to achieve these target dates Everlink will continue working together in conjunction with our clients to understand, communicate and test the required modifications to support EMV Chip technology including any changes to existing procedures, file formats or processes in relation to EMV Chip implementation. The final step is the process of credit union host banking system testing to validate EMV Chip functionality in a fully certified environment. Everlink will work with each banking system provider, system supplier such as CUETS, ATM manufacturers and Credit Union Centrals to complete the required certification activities to enable EMV Chip transaction processing for credit union member cards and terminals.