10.04.05 | TRANSFIRST Names Michael Phelan Vice President of Sales for Its ePayment Services Division

DALLAS (Oct. 4, 2005) – Dallas-based TRANSFIRST, a leading provider of transaction processing services and payment enabling technologies, today announced that Michael Phelan has been named vice president of sales for its TRANSFIRST ePayment Services division. In this role, Phelan, who has 18 years of experience in the financial and related payment services industries, will help lead the division’s business growth and expansion in the ePayment marketplace. His primary responsibilities will be to generate and lead sales strategies, increase market share and expand the overall presence of TRANSFIRST’s ePayment Services division. This division specializes in delivering customized payment processing solutions to merchants that primarily focus on card-not-present transactions such as, direct marketing, e-commerce, catalog orders and non-profit organizations.

“As our ePayment Services division continues to evolve and grow, we are dedicated to providing leading industry expertise and expanded support to our customers,” said Bruce Froendt, president of TRANSFIRST’s ePayment Services division. “Michael brings an extensive background in the industry and leadership to our team and will be a tremendous asset to our company and our clients.”

Prior to joining TRANSFIRST, Phelan served as vice president of business development of the Wealth Management Group at First National Bank in Omaha, Neb., where he was responsible for sales, marketing and product development, Investment One Brokerage, corporate bank marketing, training and strategic initiatives. During his 18-year tenure with First National Bank, Phelan also held various other management positions including, general manager of Collection Corporation of America and senior vice president for First National Merchant Solutions. Phelan earned his undergraduate degree in Theology and a master’s degree in Business Administration at Creighton University.

About TRANSFIRST
A premier provider of transaction processing services and payment enabling technologies, TRANSFIRST offers a first-rate suite of products and services and customized processing programs uniquely tailored for the special business needs of financial institutions, independent sales organizations and agents and its referral and reseller partners. Through its in-depth industry knowledge, partnership strategy and innovative solutions, TRANSFIRST provides a specialized approach to transaction processing for healthcare providers, public entities, online and other non-traditional merchants, as well as brick and mortar retailers. Founded in 1995, TRANSFIRST is a market leader in strategic mergers and acquisitions, which has allowed the company to gain significant market share and world-class expertise in growing and profitable industry segments. Built on a platform of personal service, customer commitment and flexible pricing, TRANSFIRST is headquartered in Dallas, Texas, and has operations facilities in Louisville, Colo., Omaha, Neb., Kansas City, Kan., Newport Beach, Calif., Milwaukee, Wis. and Langhorne, Penn. Company wide, TRANSFIRST currently processes approximately $20 billion in annual sales volume for more than 160,000 merchants and more than 760 financial institutions. TRANSFIRST can be reached at 1-888-254-4137 or at www.TRANSFIRST.com.