SOURCE: Cygnus eTransactions Group, Inc.

November 17, 2005 06:00 ET

Cygnus, Auto Club South Finalize Financial Processing Integration Project

ORLANDO, FL -- (MARKET WIRE) -- November 17, 2005 -- Cygnus eTransactions Group, Inc. (OTC: CYGT) today announced that Auto Club South (ACS) has engaged Cygnus to assist with the integration of its financial processing system, marketed under the brand name cePay™, to the club's website. The integration joint effort will be completed in the fourth quarter of this year. ACS will then have the ability to accept member payments and renewals over the Internet by electronic check, offering the club a savings over credit cards.

Collaboration with Cygnus' financial services team was initiated to provide Auto Club South access to more efficient payment technologies throughout its retail branches, call center and Website. Cygnus will be the club's gateway for credit, debit and ATM card transactions, complemented by e-check processing both online and through the call center. The transactions are passed to Cygnus by way of an application programming interface (API).

Auto Club South, part of the American Automobile Association, accepts payments for member services through nearly 70 branches, two call centers and a website offering a wide array of travel tools. The relationship with Cygnus provides ACS significant cost savings by adding two new economical payment methods, PIN debit and e-check to the payment options. Operational efficiencies are created through the use of new card acceptance terminals at branches that use the company network to route the transaction, rather than costly additional telephone lines.

About Auto Club South

Auto Club South is a member-owned organization providing a wide array of services ranging from roadside assistance to financial products and vacation planning services for Florida, Georgia and Puerto Rico. It is recognized as one of the largest and most technologically aggressive clubs in the AAA group, which currently consists of roughly 70 clubs nationwide.

About Cygnus eTransactions Group, Inc. (Cygnus)

Cygnus provides ticketing, reservation and event management solutions on a fee per transaction basis for theme parks, attractions, live entertainment venues, sporting events and resorts. Cygnus serves as a technology partner for its customers, enabling sales through online stores, ticket offices, call centers, kiosks and ticket brokers. Cygnus provides a complete suite of complimentary products and services, including print-at-home ticketing, electronic will-call, event registration and credential distribution, access control, stored value cards, payment processing, management tools, real-time reporting and web analytics. More information is available at

Forward Looking Statements

Some of the statements contained in this news release constitute forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including changes in general economic, political and business conditions, actions of current and potential competitors, ability to attract new and retain existing customers, and other factors could cause actual results to differ materially from the Company's expectations and these forward-looking statements.

cePay is a trademark of Cygnus eTransactions Group, Inc.

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