Paystar News

Hong Kong, March 19, 2009 - Translink Global Processing as Translink GP (ME) a data-processing and electronic payment company providing services for the Middle East Region has executed a Letter of Intent with a Middle East Investment Group for an equity stake and services launch in Saudi Arabia.

Attracting regional investors is fundamental to our strategy of success, stated Tim Wood, Vice President of Global Operations.

Translink GP (ME) is essentially a middle eastern company utilizing local investment, business partners, clients and customers. We understand the necessity of operating with a regional appreciation of culture and business in providing services that can become easily adopted by our partner's customers worldwide, added Wood.

About Translink Global Processing

Founded in 2004, Translink (http://www.translink-co.com) is a remittance and payments technology company, providing electronic payment services and process as a service solutions that deliver convenience and cost-savings to both businesses and consumers. Translink currently has agreements with banks and technology providers in the US, Middle East, Africa and SE Asia to provide pre-paid, remittance, mobile payments, merchant acquiring and B2B vendor payments services domestically and internationally. For additional information, please contact: Tim Wood, VP of Global Operations, Translink Global Processing at tim.wood@translink-co.com.