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Translink acquires Global Financial Exchange, Inc.


Hong Kong, Jan. 12, 2007 - Translink Co., Ltd., a Global Payments Processing company, today announced that it acquired Global Financial Exchange (GFE), Inc., a US based technology and prepaid debit card issuer.

With this acquisition Translink enters the US market with a defined business model and the capability to generate revenue in a short period. GFE manages several contracts and has developed a proprietary transfer and management system that will allow Translink to expand its Remittance presence in other geographic regions.

Translink expects to expand its footprint into other regions in the near future with this acquisition, for the offerings that GFE have developed are innovative and forward thinking.

About Translink Co., Ltd.

Translink (http://www.translink-co.com) is a company for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support remittance, debit and prepaid services for financial institutions and retail companies in North America, Europe and the Asia-Pacific regions. Based in Hong Kong, Translink is a privately held company. For more information, contact news@translink-co.com.



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