North American Bancard Announces Results

TROY, MI -- North American Bancard Inc. (NAB) today announced it has reached a significant milestone despite the national economic contraction affecting so much of the business community. As a "Top 35" bank card acquirer and payment solutions provider to Visa and MasterCard merchants, sales partners and financial institutions, NAB has surpassed the 80,000 count in total merchants. This milestone is of particular note because it came as a result of success across each of its business units and all business development channels.

"Payment volume reduction and recession have been the talk -- but we refuse to participate," said Marc Gardner, founder and CEO of North American Bancard. "With fewer companies hiring and more individuals instead opting to start their own businesses, we've put ourselves in the best position to help." Mr. Gardner added, "Fast-track deployments, an online portal for sales partners, a deeper menu of more robust payment options and solutions... whatever it takes, we're getting our clients and agents up and running quickly and on their way to independent business success."

In addition to its record-setting pace of new account acquisition throughout 2008, the company also:

• Generated more than $6 billion in Visa/MasterCard/Discover transaction volume.
• Purchased a 105,000-square-foot office building in Troy, Michigan, to serve as its new world headquarters.
• Obtained a Michigan Economic Growth Authority state tax credit valued at $21.5 million.
• Added more than 500 new sales partners.
• Grew its Capital for Merchants division revenue to $37 million.
• Established itself as a Foundation Member of Automation Alley -- Michigan's largest technology business association.
• Joined with the National Center for Missing and Exploited Children (NCMEC) and twenty nine of the world's most prominent financial institutions in becoming a founding member of The Financial Coalition Against Child Pornography (FCACP) -- a trade group that seeks to eliminate commercial child pornography by taking action on the payment systems used to fund these illegal operations.
• Was honored when its founder and CEO received Ernst & Young's Entrepreneur of the Year award.
• Launched its Alliance & Specialty Markets Group, a new company division focused solely on serving the needs of those requiring a merchant services segment specialist.

Headquartered in Troy, Michigan, North American Bancard Inc. provides electronic transaction processing and merchant account management services that enable its clients to convert payment acceptance technologies into business solutions. Founded in 1992, North American Bancard leads the way in merchant account acquisition service and support and deploys its payments products, services and acceptance strategies to more than 80,000 clients. These clients process more than $6 billion in credit card, debit card, EBT, check guarantee and conversion, prepaid/gift and ATM transactions annually. North American Bancard is a registered MSP/ISO of HSBC Bank USA, National Association, Buffalo, N.Y., and Wells Fargo Bank, Walnut Creek, CA.

For more information, contact
Danielle Crane
1-800-BANCARD, ext. 1034
dcrane@nabancard.com
www.NorthAmericanBancard.com