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Translink nears completion of banking contracts in 4 more countries


Hong Kong, Oct. 23, 2007 - Translink Co., Ltd., a Global Payments Processing company, today announced that it is nearing completion of signing four (4) banks onto its TransNet network.

Translink's TransNet (banking integration network) is growing quickly. Four (4) more banks will be joining our family of services from Kenya, UAE, Egypt and Syria within the next few weeks. Each will utilize and intergrate with Translink's Remittance solutions and others will also integrate and utilize card and merchant offerings.

"We are excited to add these banks and territories to TransNet, our business model and relationships are paying off and over the next several quarters prove to bring great value to our shareholders" commented Lydia Fok.

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, Asia-Pacific and Middle East regions. Based in Hong Kong, Translink is a privately held company. For more information, contact news@translink-co.com.



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