Press Release – For Immediate Release

Electronic Payments Founder and CEO, Michael Nardy, Named Ernst & Young Entrepreneur of the Year® 2011 New York Award Finalist

Calverton, New York – May 9, 2011 – Electronic Payments today announced that Founder and CEO Michael Nardy is an Ernst & Young Entrepreneur of the Year® 2011 New York Award finalist. According to Ernst & Young LLP, the awards program recognizes leaders and visionaries who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment as they create and build world-class businesses. Mr. Nardy was selected as a finalist from nearly 70 nominations by a panel of independent judges. Award winners will be announced at a special gala event on June 8, 2011, at the Marriott Marquis in New York City.

“I am incredibly honored to be selected as a finalist for this prestigious award,” said Mr. Nardy. He continued, “While this awards process starts by recognizing an individual, I am incredibly proud of my team of employees and nationwide network of ISOs and Agents whose tremendous efforts are what garners this type of recognition and drives Electronic Payments’ growth and success on a national level.”

For the past three years, Electronic Payments, Inc. has been featured on the Inc. 500 list of fastest-growing privately held companies in the United States. In 2010, Electronic Payments also ranked #39 in the Deloitte & Touche LP’s Technology Fast 500.

The Ernst & Young Entrepreneur of The Year® Program celebrates its 25th anniversary this year. The program has expanded to recognize business leaders in more than 140 cities and more than 50 countries throughout the world.

Regional award winners are eligible for consideration for the Entrepreneur of the Year National Award. Award winners in several national categories, as well as the Entrepreneur of the Year overall National Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 12, 2011. The awards are the culminating event of the Ernst & Young Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies, which will be held November 9–13, 2011.

Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year Awards are pleased to have the Ewing Marion Kauffman Foundation as a national sponsor.

In New York sponsors include Marsh, Scherzer International, SAP America Inc, HSBC, Solomon Edwards Group, Empire Valuation Consultants, WithumSmith +Brown, Murray Devine, Orrick, Herrington & Sutcliffe and RR Donnelley

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Contact:
Electronic Payments
Amber Josi
Director of Marketing
amber@electronicpayments.com
(800) 966-5520 ext. 286

About Electronic Payments
With “Innovation through every transaction™”, Electronic Payments has distinguished itself as one of the fastest growing and highly regarded privately held payment and transaction processing companies in the United States. Electronic Payments currently serves businesses in all industry types and acquires new businesses through a network of agent banks, sales agents and independent sales offices (ISOs). Visit www.electronicpayments.com for additional information or visit www.bankcardprogram.com to learn more about our ISO and MLS programs.