11.07.06 | Industry Veteran Joins TRANSFIRST as President, Chief Operating Officer

TRANSFIRST Leverages IP Payments Framework to Expand Growth in New Markets

DALLAS (November 7, 2006) — TRANSFIRST, a leading provider of payment processing services and payment enabling technologies, announced today that John Shlonsky has joined the company as its President and Chief Operating Officer (COO). Shlonsky brings almost two decades of experience in the financial industry to his new role with TRANSFIRST. As President and COO, he will be responsible for overseeing the company's core sales function, leading and developing talent within TRANSFIRST's core business units, overseeing key partnerships and implementing innovative technologies and processes.

With a strong technical and financial background, Shlonsky will lead TRANSFIRST'S achievement of its V10 goals by growing the company through meaningful partnerships and focusing on offering quality customer service and innovative technology. "John brings a wealth of industry knowledge to TRANSFIRST, complementing our customer-focused team of payment processing experts," said Thomas Rouse, TRANSFIRST Chairman and Chief Executive Officer. "His experience and energy will help us realize our V10 goals, leading us where we want to be as an organization in 2010."

A talented manager of both revenue and expense dynamics, Shlonsky has a proven track record and is well regarded within the industry for his financial expertise. Shlonsky spent 11 years at First Data Corporation and its affiliates and held various leadership roles throughout his tenure, serving most recently as President of First Data Merchant Services where he had responsibility for all business units including all alliances as well as Card Services International, TASQ, and Concord.

"It's an exciting time to join TRANSFIRST, a company that has built a dynamic team and a successful business by attracting great talent and putting customer service and technology at the forefront of its priorities," said John Shlonsky. "The company is poised to do great things in the future with their V10 strategy, and I share a vision of pairing motivated people with innovative products and services to meet these strategic milestones. I think my past experiences will lend a strategic perspective to the achievement of these goals and help take TRANSFIRST to the next level."

John Shlonsky can be reached at 214-453-7700 or jshlonsky@TRANSFIRST.com.

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. Company wide, TRANSFIRST currently processes approximately $23 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.