Bullfrog Power

Bullfrog Power

April 14, 2011 10:30 ET

Moneris Solutions Becomes Canada's First Acquirer to Sign on for 100 Per Cent Clean, Green Electricity With Bullfrog Power®

Canada's Largest Payment Processor Greens Toronto Training Facility With Locally Sourced Green Power

TORONTO, ONTARIO--(Marketwire - April 14, 2011) - Bullfrog Power, Canada's 100 per cent green energy provider, and Moneris Solutions (Moneris), Canada's largest payment processor, announced today that Moneris is greening the electricity requirements of its Toronto training facility with 100 per cent green power. Adding to its current environmental initiatives, Moneris will green 233 MWh of electricity annually through its agreement with Bullfrog. By choosing green power, Moneris will reduce its emissions footprint and support the development of new renewable energy generation in Canada. Furthermore, with its broad range of stakeholders, including more than 350,000 merchant locations and 1,900 employees across North America, Moneris aims to help create awareness about the importance of renewable power and green energy choices.

"With a goal to reduce our environmental footprint and make Moneris a greener company, our organization is proud to be committed to sustainability," said Fern Glowinsky, Founder & Executive Sponsor of the Moneris Environmental Committee. "Choosing green power with Bullfrog is the next important step allowing us to take action on climate change and air pollution."

Through the agreement, Bullfrog Power's generators inject renewable electricity onto the electricity grid to match the amount of power used by Moneris' Toronto training facility. In Ontario, Bullfrog's electricity comes exclusively from local wind and hydro facilities that have been certified as low impact by Environment Canada under its EcoLogoM program—instead of from polluting sources like coal, oil, natural gas and nuclear. Bullfrog also uses the collective demand of its customers to support the development of new renewable generation in Canada.

In addition to choosing Bullfrog Power, Moneris has been implementing a number of internal and external eco-friendly initiatives. The organization's Paper Reduction Challenge, which was launched in 2008, has enabled Moneris to reduce its paper usage by over 4 million sheets.

The organization encourages employees to take public transit by offering discounted transit passes, and its Environmental Committee hosts sustainability-related educational activities for employees. In addition, Moneris gives merchants the choice to opt out of receiving printed monthly statements and use its online statement tool, Merchant Direct®, instead.

"We are very pleased that Moneris Solutions has chosen to green the electricity requirements of its Toronto training facility with Bullfrog Power," said Tom Heintzman, President, Bullfrog Power. "Moneris is not only reducing its environmental footprint and helping to advance new renewable power in Canada, it is also sending a message to its customers, employees and various stakeholders across the country about the importance of taking action for the environment."

About Bullfrog Power

Bullfrog Power, Canada's 100 per cent green energy provider, provides renewable energy solutions that allow homes and businesses to reduce their environmental impact and help create a cleaner, healthier world. Bullfrog's green electricity comes exclusively from wind and hydro facilities that have been certified as low impact by Environment Canada under its EcoLogo(M) program instead of from polluting sources like coal, oil, natural gas and nuclear. A clean, renewable alternative to fossil-fuel based natural gas, Bullfrog's green natural gas is produced in Canada from biogas facilities that have met strict environmental criteria as defined by ICF International. Thousands of Canadian homes and businesses are doing their part to address climate change and air pollution by switching to green energy with Bullfrog Power. Homes and businesses can sign up easily, quickly and affordably at www.bullfrogpower.com.

About Moneris Solutions

As one of North America's largest providers of payment processing solutions, Moneris offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions annually. Through its Ernex division, Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.

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