Press Release: EP&T Offers Card-to-Bank Transfers

PONTE VEDRA, Fla., April 27, 2006 -- Electronic Payment & Transfer Corp, a rapidly growing independent payment processing company,announced today the EasyGreen BankLink™ service that provides card-to-bank transfers with the EasyGreen Pay Card™. With EasyGreen BankLink™, employees can electronically transfer their pay from the EasyGreen Pay Card™ to a personal checking or savings account at any federally insured depository financial institution in the U.S.

Employers can now issue the the EasyGreen Pay Card™ to all employees, including "banked" and "unbanked" employees, to achieve greater cost savings while delivering tangible savings to employees each pay period. The PIN-secured EasyGreen Pay Card™ offers both employers and employees greater convenience, security, and cost-savings over legacy payroll programs such as ACH direct deposit and paper payroll checks.

Companies can issue the EasyGreen Pay Card™ to pay 100 percent of their employees rather than maintaining separate payroll distribution programs for "banked" employees (e.g., ACH direct deposit) and "unbanked" employees (e.g., paper checks). With the introduction of EasyGreen BankLink™ and card-to-bank transfers, every employee can receive their pay using the EasyGreen Pay Card™, which enables companies to streamline payroll distribution, improve efficiency, and lower their payroll processing costs.

Employees with traditional checking accounts can transfer any amount up to the balance of their pay to any federally insured depository institution through a secure website or they can keep a portion of their pay on the card for day-to-day purchases or ATM cash withdrawals. EasyGreen BankLink™ enables employees with or without a traditional checking account to manage their pay according to their own specific needs.

Steve Graham, President and CEO of Electronic Payment & Transfer Corp, said "We are pleased to offer EasyGreen BankLink™ as a new enhancement to the EasyGreen Pay Card™. Our clients can achieve additional cost-savings with the EasyGreen Pay Card™ over legacy payroll programs while delivering greater convenience, security, and cost-savings to their employees."

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.