Press Release: EP&T Opens Jacksonville Data Center

PONTE VEDRA, Fla., August 22, 2007 -- Electronic Payment & Transfer Corp, a rapidly growing independent payment processing company, announced today the opening of a secure data center for customer service, card management, transaction processing, and operations to support customers of the EasyGreen Pay Card™ nationwide.

The Jacksonville data center will provide a fully-redundant, high-availability technology infrastructure to deliver state-of-the-art card processing services for clients and cardholders throughout the U.S. The company expects the Jacksonville data center to become the strategic hub for its card management, ATM and point-of-sale (POS) transaction processing, and customer service over the next three months.

Steve Graham, President and CEO of Electronic Payment & Transfer Corp, said "We are pleased to open the Jacksonville data center to support our EasyGreen Pay Card™ customers throughout the U.S. Jacksonville and the surrounding area offer a vibrant business community, skilled employees in IT and financial services, an attractive housing market, and a great quality of life."

About Electronic Payment & Transfer Corp
Electronic Payment & Transfer Corp is a rapidly growing payment processing company and card issuer for financial institutions in the U.S. The company provides turnkey and private-label paycard solutions, ATM/POS transaction processing, card management, 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.