10.11.06 | TRANSFIRST Names Michael Phelan President of ePayment division

Division eyes further growth with Phelan at the helm

DALLAS (October 11, 2006) — TRANSFIRST, a leading provider of credit card processing services and payment enabling technologies, today announced Michael Phelan as President of its ePayment Services division. Based in Omaha, Neb., Phelan has served as the division's Vice President of Sales for the past 13 months. His achievements in generating and leading sales strategies, increasing market share, and expanding the TRANSFIRST's ePayment Services presence positioned him as the natural choice to lead the division to further its success.  This division specializes in delivering customized payment processing solutions to merchants that primarily focus on card-not-present transactions such as direct marketing, e-commerce, catalog orders, and non-profit organizations.

Phelan brings with him the proven skills he's demonstrated during the course of the last year and 18 years of financial services leadership prior to joining TRANSFIRST, 14 of which have specifically targeted the credit card and merchant processing industry.

"Michael has proven that he is more than an expert in our industry-he is a true leader who will take our ePayment Services division to the next level," said Thomas Rouse, TRANSFIRSTchairman and chief executive officer. "Under his guidance, I am confident that our company and our clients will continue on the path of growth and achievement as Michael and the ePayment Services team bring new solutions and capabilities to the market".

Prior to joining TRANSFIRST, Phelan served as vice president of business development for the Wealth Management Group at First National Bank in Omaha, Neb., where he was responsible for sales, marketing and product development, Investment One Brokerage, corporate bank marketing, training and strategic initiatives. Prior to that, Phelan held other management positions within First National Bank including, general manager of Collection Corporation of America and Senior Vice President for First National Merchant Solutions. Phelan earned his undergraduate degree in Theology and a master's degree in Business Administration at Creighton University.

About TRANSFIRST
A premier provider of transaction processing services and payment enabling technologies, TRANSFIRST offers a first-rate suite of products and services and customized processing programs uniquely tailored for the special business needs of financial institutions, independent sales organizations and agents and its referral and reseller partners. Through its in-depth industry knowledge, partnership strategy and innovative solutions, TRANSFIRST provides a specialized approach to transaction processing for healthcare providers, public entities, online and other non-traditional merchants, as well as brick and mortar retailers. Founded in 1995, TRANSFIRST is a market leader in strategic mergers and acquisitions, which has allowed the company to gain significant market share and world-class expertise in growing and profitable industry segments. Built on a platform of personal service, customer commitment and flexible pricing, TRANSFIRST is headquartered in Dallas, Texas, and has operations facilities in Louisville, Colo., Omaha, Neb., Kansas City, Kan., Newport Beach, Calif., Milwaukee, Wis. and Langhorne, Penn. Company wide, TRANSFIRST currently processes approximately $22 billion in annual sales volume for more than 160,000 merchants and more than 965 financial institutions. TRANSFIRST can be reached at 1-800-745-2659 or at www.TRANSFIRST.com.