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Paxus LLC Selects INETCO Systems as Comms Partner

INETCO Systems announces that Paxus LLC, a provider of enterprise class Electronic Payment solutions, has selected INETCO as their communications partner. Under their agreement, Paxus will provide INETCO's solutions as part the Paxus Dynamic suite of products.

March 12, 2006

Vancouver, BC - INETCO Systems announces that Paxus LLC, a provider of enterprise class Electronic Payment solutions, has selected INETCO as their communications partner. Under their agreement, Paxus will provide INETCO's solutions as part the Paxus Dynamic suite of products. "We wanted to team with an established leader in payment communications…someone who had a long history of success," says Damian De Rozairo, President/CEO of Paxus LLC. "Working with INETCO, we can seamlessly integrate our applications with the wide range of networks that exist today." INETCO solutions are used in over 40 countries as front-end communications controllers for transaction applications. About INETCO INETCO Systems, Ltd. has been delivering SDTN (Short Duration Transaction Network) communications and event processing products since 1984. These products are used by financial institutions, telephone companies, and others throughout the world for whom transactions and distributed events are mission critical. For more information, visit the company's website at www.inetco.com. About Paxus, LLC Paxus delivers cutting-edge electronic payment and related solutions to financial institutions, retailers, merchants and third party processors around the world. The Dynamic Logic Processing® line of products include unique solutions that seamlessly integrate with the customer's legacy systems. As the economy continues to shift to Internet retailing, kiosks, RFID, and open standards, Paxus positions its customers to meet these future challenges. Visit Paxus on the internet at www.paxus.com.