Intrix Technology Acquires uProfit Payments

ROSEVILLE, CA--(Marketwired - Oct 1, 2013) -  Intrix Technology, Inc. (Intrix), a technology enabled ISO and leading payment processor, announced the acquisition of payment services provider uProfit Payments in Plano, Texas. This will mark the second acquisition made by Intrix in the past two months.

With the acquisition, uProfit Payments' merchants and agents will be able to take advantage of the wide range of secure processing solutions offered by Intrix and its dedicated support teams. Customer management will be handled out of the Intrix offices located in Denver, Colorado.

"We are very excited about the acquisition of the uProfit Payments portfolio," said Jeffrey Connors, Chairman and CEO of Intrix. "With our fast, secure payment processing gateway, Intrix has established itself as the top choice for merchants. Now, we can bring our resources, capabilities and technology to the uProfit Payments agents to increase their revenue, and to provide their merchants with access to our integrated payment gateway and advanced software."

"This acquisition is a positive change for both agents and merchant clients. Intrix adheres to the same exceptional customer care values that have been a hallmark of uProfit Payments. We also both use TransFirst, so there will be no service disruptions," said Amber Coakley, Owner and Chief Operating Officer of uProfit Payments. "Together, we are committed to providing a seamless transition for these clients.

"I'm delighted that Intrix, a company I've admired for their spirit of serving customers with integrity, has acquired uProfit Payments. While other business endeavors preclude me from joining Intrix, I'm very supportive of the company and will continue to refer business," added Coakley.

Intrix provides agents with enhanced sales, marketing and processing functions to build their acquiring portfolio.

The Intrix payment gateway will now allow uProfit Payments merchants to integrate payment and billing solutions with accounting applications and enterprise level software for a more streamlined payment process. Other payment processing products from Intrix include electronic bill presentment and payment, recurring billing applications, ACH processing and full tokenization services that reduce merchants' PCI compliance costs.

About Intrix Technology, Inc.

Intrix Technology, Inc., a leading technology enabled registered Independent Sales Organization, delivers innovative payment-processing solutions for developers, enterprises, retailers, processors and sales organizations. The company's offerings include the Intrix Payment Gateway, a software-as-a-service solution for processing payments and storing sensitive payment data; Intrix QuickBooks, an accounting plug-in; Intrix Electronic Bill/Invoice Presentment and Payment, a Web-based billing and payment processing system; and Intrix merchant Services, a merchant acquirer/provider of credit card processing services. www.intrix.com