VersaPay Announces Partnership with SolveIT Inc.

Vancouver, BC, March 9, 2009 – VersaPay, a Canadian processor of credit, debit and gift/loyalty card transactions, is pleased to announce its partnership with SolveIT Inc., a Westborough, Massachusetts-based IT solutions provider.

Under the agreement, SolveIT’s customers in good standing will receive a preferred rate to accept Visa, MasterCard and Interac payment processing through their online store. In addition, SolveIT’s customers will be offered preferred rates on all the company’s additional products and services including the VersaCard stored-value card, gift cards, point of sale terminal leasing, rental or purchase as well as installation.

“We are pleased to add VersaPay to the existing value-added programs we offer. VersaPay will provide SolveIT’s members with a simple, competitive priced payment processing system,” says Vasu Ram, CEO of SolveIT. “Our proprietary software product, CustomView® suite of applications, integrated with VersaPay, is sure to benefit our customers in providing a fully-functional e-commerce web-site.”

“We look very much forward to offering customers of SolveIT a real value proposition with respect to their payment processing needs,” says Michael Gokturk, CEO of VersaPay. “We create this value by responding to the needs of the merchants and how we can contribute to growing their business while reducing one of their biggest business expenses.”

SolveIT’s members can access more information through the SolveIT’s product-specific web-site, www.customviewonline.com, by calling VersaPay at 604-678-3230 or 866-999-VPAY (8729) and identifying themselves as a member, or visiting http://ecommerce.versapay.com.