10.16.06 | TRANSFIRST names Palmquist Vice President of Business Development for Independent Sales Services Division

Palmquist will apply experience, knowledge to western region's needs

DALLAS (October 16, 2006) — TRANSFIRST, a leading provider of credit card processing services and payment enabling technologies, announced that Dan Palmquist has been named the western region vice president of business development for its Independent Sales Services (ISS) division. In this role, Palmquist will help lead the company's business growth and development with independent sales organizations and agents in the country's western region. Utilizing his more than 15 years of sales experience, Dan will be developing new business relationships, increasing market penetration for TRANSFIRST's products and services, and assisting independent sales organizations and sales contractors in customizing merchant processing programs.

"Our ISS division is committed to providing industry-leading expertise and full-time support to our independent sales agents (ISAs) and independent sales organizations (ISOs)," said Ryan O'Connor, president of business development for TRANSFIRST's Independent Sales Services division. "Dan completes a strong executive sales team and provides senior level insight in supporting our regional ISAs and ISOs."

Prior to joining the ISS Division of TRANSFIRST, Palmquist successfully led the company's Government Services Division (GSD) of TRANSFIRST. In 2004, Palmquist joined the company as a direct sales account executive for GSD, where he built a successful direct sales portfolio. "My experience developing the GSD was valuable in that it allowed me to build an intimate knowledge of growing a sales division from the ground up, while affording me the opportunity to further hone my skills managing major accounts, such as large municipalities, from acquisition to roll-out. As I look to expand the Western Region ISA/ISO sales channels, my time and experience in building the GSD business will help me meet our company and client goals," said Palmquist.

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.