Press Release: EP&T Delivers EasyGreen Pay Card™ Solution

PONTE VEDRA, Fla., January 27, 2005 -- Electronic Payment & Transfer Corp, a rapidly growing independent payment processing company, today announced that it has successfully implemented comprehensive payroll card programs for two new customers in the U.S. The EasyGreen Pay Card™ offers both employers and employees a convenient, secure, and low-cost alternative to payroll checks.

Electronic Payment & Transfer Corp’s card management platform provides a feature-rich, reliable, scalable, and secure solution for small, mid-size, and large companies. Customers have online, real-time access to instantly issue payroll cards, load value to cards individually or as a group, set-up new employees, manage cardholders, upload payroll files, generate reports, and manage multiple administrators.

In addition, the Company is providing its customers dedicated 24x7 bilingual customer service, automated voice-response services, same-day payroll funding, settlement services, and online reporting capabilities. The Company's card management platform currently provides gateways to all major financial networks.

Employee acceptance of the EasyGreen Pay Card™ has been positive. Employees can use their EasyGreen Pay Card™ to get cash at ATMs, pay for purchases and get "cash back" at the point of sale, perform card-to-card transfers, and pay bills.

Steve Graham, President and CEO of Electronic Payment & Transfer Corp, said "We are excited about the introduction of the EasyGreen Pay Card™ solution and we believe employers and employees will value the convenience, security, and cost savings over paper payroll checks"

About Electronic Payment & Transfer Corp
Electronic Payment & Transfer Corp is a rapidly growing payment processing company for financial institutions in the U.S. The company provides turnkey and private-label ATM/POS transaction processing, card management, money transfer, and settlement services. For more information about the company, please visit www.eptransfer.com.

Certain statements contained in this press release, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute "forward-looking statements" within the meaning of federal securities laws. These certain statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by the words like "strategy," "expects," "plans," "believes," "will," "estimates," "intends," "projects," "goals," "targets," and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical trends or current facts. For these statements, we claim protection of the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995.