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.

Fast Transact, Inc Ranks No. 1058 on the 2007 Inc. 5,000

Inc. ranked Fast Transact No. 1058 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc. magazine’s annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.

Leading the list of the fastest-growing companies in the nation is the Midwest region with 1,046 of the fastest-growing companies, followed by the West with 884 companies. The Southeast comes in a close third, with 872 companies, followed by the Northeast with 782 companies, and the Mid-Atlantic region with 606 companies.

The largest business category is Construction, with 561 of the fastest-growing companies in this category, followed by Manufacturing with 515 companies, IT services in third with 466 companies, Business Services with 377 companies and Advertising & Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5,000.

Industries reporting the highest total revenue in 2006 are Construction ($27.1billion), Manufacturing ($18.6 billion), Health ($13.1 billion), Computers & Electronics ($12.7 billion), and Financial Services ($11.8 billion).

About Fast Transact, Inc.
Founded in 1995, and privately owned and operated, Fast Transact, Inc. is a registered ISO/MSP of Bank of America and Wells Fargo Bank. FAST TRANSACT provides nationwide retail and Internet merchant service accounts, integrated payment gateways for processing credit cards and debit bankcards, online check services, affiliate partnership programs, and gift card / loyalty card programs. FAST TRANSACT is a registered trademark of Fast Transact, Inc. For more information, visit www.fasttransact.com

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