CYNERGY DATA CEO NAMED A METRO NEW YORK ENTREPRENEUR OF THE YEAR® 2008

June 30, 2008 — New York. Cynergy Data, a leading merchant services provider, today announced that Marcelo Paladini, co-founder and CEO, received the Metro New York Ernst & Young Entrepreneur Of The Year® 2008 Award in the Service category. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Paladini was selected by an independent panel of judges, and the award was presented at a gala event at the Marriott Marquis, Times Square, New York on Thursday June 26.

“I’m honored to be named this year‚s Service Entrepreneur,” said Paladini. “This award supports the philosophy that sharing and giving are sound business practices. I share this honor with my management team and the many employees whose energy and innovation move Cynergy Data forward.”

The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

“Ernst & Young is pleased to honor outstanding business leaders,” said Joseph Capparelli, Ernst & Young Entrepreneur Of The Year Program Director for Metro New York. “Winners of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger.”

As a Metro New York award winner, Paladini is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 15, 2008. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation’s most prestigious gathering of high-growth, market-leading companies.

Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors. In the Metro New York Area, local sponsors include Platinum Sponsors HSBC, Marsh and Russell Reynolds Associates; Gold Sponsors Curran & Connors and Scherzer International and Silver Sponsors Bowne, WilmerHale and Withum Smith + Brown.

About Cynergy Data
Since its inception in 1995, Cynergy Data has expanded from a two-person operation to an industry leader boasting nearly 250 innovative, service-oriented employees. As an innovator for today's business cash advance programs and integrated payment systems, Cynergy Data aims to provide friendly and secure merchant credit card processing services for small and large businesses.

About the Ernst & Young Entrepreneur Of The Year Awards
Ernst & Young’s Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

Since its inception in 1995, Cynergy Data has expanded from a two-person operation to an industry leader boasting nearly 250 innovative, service-oriented employees. As an innovator for today's business cash advance programs and integrated payment systems, Cynergy Data aims to provide friendly and secure merchant credit card processing services for small and large businesses.

For more information about this subject, or to arrange an interview with Cynergy Data executives and/or managers, please call or e-mail Jessica Boylston-Fagonde: 800.933.0064 ext. 5148; jessicab@cynergydata.net. You can also visit www.cynergydata.com.

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