EFT Canada Inc.

EFT Canada Inc.

September 17, 2007 11:30 ET

EFT Canada Receives 2007 Profit Hot 50 Ranking

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2007) - PROFIT: Your Guide to Business Success, a publication owned by Rogers Communications (TSX:RCI), has named EFT Canada Inc. (TSX VENTURE:EFT), to the 12th spot on the 2007 PROFIT Hot 50 Rankings. The PROFIT Hot 50 is the definitive ranking of Canada's Emerging Growth Companies. Published in the October issue of PROFIT magazine and online at Profitguide.com, the PROFIT Hot 50 ranks young firms by two-year revenue growth.

"The PROFIT Hot 50 companies point the way to start up success in Canada," says editor Ian Portsmouth. "PROFIT is proud to share their business strategies and celebrate their entrepreneurial achievements."

According to EFT Canada, in 2004, the company embarked on a comprehensive campaign to deliver an easy to use, yet robust, EFT/ACH transaction processing platform for small and medium sized businesses in North America. Using the web based platform, clients are given the ability to perform pre-authorized debits and direct deposits to customer and/or employee bank accounts in Canada the United States.

EFT Canada has been able to deliver superior service and customer support by efficiently executing this niche and building on the strength of its core infrastructure. Since January 2005, EFT Canada has grown 889% and expanded over 7 staff members, with clients around the globe. Unlike other fast growth companies, EFT Canada has not been fueled buy venture capital, debt and acquisitions, and believes it has the balance sheet from which to grow.

Randy Waxman, Chief Operating Officer commented, "All the employees at EFT Canada have worked incredibly hard to create a top-notch services company. It is very difficult work and it is great to see the Company's achievements recognized by both, a prestigious business publication and our existing clients. In 2007, EFT Canada is planning for more rapid growth as it continues to market its services in Canada and the United States and increases its partner channels."

About EFT Canada

Founded in 2003 and publicly traded on the Toronto Venture Exchange, EFT Canada Inc. (TSX VENTURE:EFT) is a financial processing company offering a complete solution to the collection and payment processing needs of small and medium sized business merchants, and financial institutions in Canada and the United States. The Company develops, and delivers innovative electronic transaction processing technologies, such as customized electronic payment and collection, as well as gift and loyalty card services, by drawing on its operational and applications expertise.


PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to the CEO's of Canadian growth companies. Each year PROFIT, which currently reaches more than 300,000 readers nationally, hosts a number of events that bring together business leaders in the fast-growth segment and champions the interest of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to entrepreneurs. Visit PROFITguide.com

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.

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