ISO FAST TRANSACT Repeats Accomplishment for Fastest Growing Company

Fast Transact Inc., generating a revenue change of 64.76%, once again takes it place among the top honorees for the Fastest Growing Company in Washington’s South Puget Sound area.

The recent Business Examiner (BE) award ceremony recognized Fast Transact as the second fastest growing company during 2007 for South Sound businesses. The annual competition is ranked in both revenue and wage expenses for fiscal years 2004 through 2006 and each nominee’s results were collected, calculated and verified by Moss Adams, the 12th largest accounting and consulting firm in the United States.

Fast Transact, a leader in credit card processing services and IP (Internet Protocol) payment solutions, attributes its notable growth over the past few years to having outstanding technology and an extraordinary client service program. In 2006, the company took 1st Place in the BE’s Fastest Growing Company award and was an honoree for the 2007 Top Places to Work recognition program. More recently, Inc. 5,000 ranked Fast Transact as #1058 on its list of fastest-growing private companies in the country and as #53 in the top companies for Financial Services.

David Solomon, CEO of Fast Transact, Inc. noted that growth and industry-wide recognition has come about because of the company’s commitment to provide a total solution for merchant services and a secure processing environment. “For the last five years, our market niche has focused primarily on Internet payment processing, however in the last year we have expanded our focus to include retail point-of-sale software for those businesses that want to upgrade to high speed connectivity.”

“As we continue to concentrate on new product offerings,” added Solomon, “FAST TRANSACT will actively pursue viable strategic partnerships that enhance the processing options for both retail and Internet businesses. We believe that a key ingredient to success is partnering with organizations that have complementary strengths and we look forward to being able to offer a number of other services within the near future.”