Toronto, ON (August 9, 2006) TechTrex
Inc. announced today that it has received Class A certification
of Secure Payment Systems’ Gift and Loyalty Card Processing
for it's PrimeTrex POS terminal for the Canadian marketplace. U.S.
based Secure Payment Systems and EFT Canada (TSX-V: EFT),
a publicly traded company based in Toronto, Ontario, have entered
into a strategic partnership as “Secure EFT” to fast
track a low-cost gift and loyalty processing solution for a burgeoning
PrimeTrex is a high-performance and low-cost desktop terminal,
featuring the fastest thermal graphics printer in the industry
(prints 22+ lines per second), a large 128 x 64 graphical display,
high-quality clear plastic backlit keys for dependability, and
a 14.4 kbps modem for lightning fast settlements and downloads.
PrimeTrex provides a cost-effective, yet powerful, processing
platform for merchants requiring quality without compromise.
PrimeTrex is the Industry’s most cost-effective terminal.
Daniel Kim, Canadian Vice President of Sales of TechTrex, Inc.
stated, "TechTrex is very excited to partner with such a
strong and respected combination as Secure Payment Systems /
"We are extremely pleased to have certified the PrimeTrex
platform for our Canadian gift and loyalty card processing",
commented Jonathan Pasternak, CEO of EFT Canada. “Additionally,
we believe that the absence of a low cost competitor in Canada
has fostered a series of expensive solutions that we intend to
quickly exploit via our independent sales channels”. Further,
Linden (Lin) Fellerman, founder and CEO of Secure Payment Systems
commented, "With its attractive price point, small footprint,
and ease of use, this device will enable all North American merchants
and service providers to easily compete with the larger retailers".
About EFT Canada
Founded in 2003, EFT Canada Inc. is a financial processing company
that offers a complete solution to the collection and payment
processing needs of small and medium sized business merchants,
banks, credit unions, and other financial firms in Canada and
the United States. The Company develops, maintains and delivers
innovative electronic transaction processing technologies,
such as customized electronic payment and collection processing
solutions and gift and loyalty card services, by drawing on
its operational and applications expertise. For more
information, please visit www.eftcanada.com.
About Secure Payment Systems, Inc
Secure Payment Systems, Inc. was founded in 1996 by Linden (Lin)
Fellerman, former 20 year employee and 10 year President of
the Telecredit / Equifax Check Services subsidiaries. With
over 30 years of entrepreneurial achievement in transaction
processing and risk management systems, Lin fosters a hands-on
management philosophy resulting in what may arguably be the
lowest merchant attrition rate in the industry. He attributes
this success to unprecedented customer service levels that
begin and end with a philosophy that empowers sales agents
and employees while rewarding and encouraging unusual attention
to detail. For more information, please visit www.securepaymentsystems.com
About TechTrex Inc.
TechTrex provides unique cost-effective hardware solutions exclusively
for the card payments industry. Recent product introductions
focus on IP-enabling technologies as well as very powerful
low-cost payment terminals. TechTrex leverages international
development and manufacturing capabilities to deliver solutions
faster, and at a much lower price point than current competitors.
TechTrex Inc. has offices in the US, Canada, Japan, China and
This press release contains forward-looking statements which
reflect the Company's current expectations regarding future events.
The forward-looking statements involve risks and uncertainties.
Actual results could differ significantly from those projected
herein. The TSX Venture Exchange has not reviewed and does not
accept responsibility for adequacy or accuracy of the content
of the information contained herein.
For further information:
President - EFT Canada Inc.
info (at) eftcanada.com
CEO / President - Secure Payment Systems
(858) 549-9001 x302
lfellerman (at) securepaymentsystems.com