Thursday, February 7, 2008

Paul Noblett, Founder of N&A Consulting, Appointed to Fast Transact, Inc. Board of Directors

Fast Transact, Inc., is pleased to announce the appointment of Paul W. Noblett to its Board of Directors.

Mr. Noblett, founder of N&A Consulting, has been a key figure in the transaction services and communications industries for over 30 years. With experience ranging from systems management at what today is MBNA to being the General Manager of MasterCard’s Worldwide Operations, Paul has had hands-on responsibility for many of the systems and operational enhancements developed in the industry. N&A Consulting is a business development, data processing and communication consultancy specializing in the payments industry. Customers include major service organizations and financial institutions, both domestic and international. Additionally, the group specializes in developing new businesses. These efforts have resulted in the creation of six new companies to take advantage of market opportunities. Over 200 people now work for these organizations, generating more than $100 million in annual revenue.

"Fast Transact is committed to providing a total solution for merchant services. The addition of Paul Noblett to our Board of Directors ensures that the company will continue to benefit from a diversity of knowledge and opinions. Paul is a perfect director for Fast Transact because of his strong leadership skills, extensive management experience, and proven record of accomplishment within the credit card industry. We believe Paul’s experience in this arena and overall management and governance acumen will greatly assist Fast Transact’s strategic growth," said David Solomon, founder and Chief Executive Officer, Fast Transact Inc.

“We are very excited to be part of the Fast Transact team,” stated Paul Noblett. “We have always been impressed by what they have accomplished and their customer loyalty. It is our hope to add our industry position and know how to help build a truly unique solutions provider.”

With the appointment of Noblett, the Fast Transact board stands at six directors.

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