Press Release

FUNDSTECH CORP SIGNS ATLAS MERCHANT SERVICES AS A NEW STRATEGIC PARTNER



Ponte Vedra Beach, FL July 31, 2007 /PRNewswire-FirstCall/ FundsTech Corp (NASDAQ OTC-BB (FNDS) a financial services company announced today that it has added Atlas Merchant Services (Atlas) as a Strategic Partner.

 

Atlas, a leading merchant account and healthcare processing service provider, processes millions of dollars monthly. As a Strategic Partner they will distribute FundsTech’s suite of products globally. Prepaid products include payroll, gift, travel and teen card programs.  Atlas will also distribute cards providing business-to-business solutions.

 

Joe Tumbarello, COO of FundsTech Corp, stated, “We are very excited to have Atlas and Vic Gerber’s team join our growing group of Strategic Partners. Gerber has repeatedly proven his ability to rapidly grow transaction based businesses with attractive margins and superior customer retention.  Atlas will immediately begin implementation of our card solutions into their existing client base.”

 

Vic Gerber, CEO of Atlas Corp stated “After analyzing various providers we have chosen to implement FundsTech Corp’s solution into our marketplace. The decision was based on production functionality and the skill of their management team.”

 

 

 

About Atlas Merchant Services

 

Atlas Merchant Services, Inc. is a comprehensive credit, debit, and check card payment systems provider dedicated to the service and profitability of our Merchants. Atlas Healthcare Solutions provides a suite of revenue cycle and revenue enhancement products designed for healthcare services providers and paying organizations.  Atlas enables their clients to become “more profitable” with the goal of building long-term relationships with their customers through a comprehensive suite of services and the latest technology, complimented by proactive, professional and experienced people whose goal is the success of our clients. At Atlas, your Business Success is our number one goal.

 

For more information, visit www.atlasmerchantservices.com and www.atlas-healthcaresolutions.com.

 

 

 

About FundsTech Corp

FundsTech Corp, develops and markets two core product lines for the financial services industry. It provides a low cost, state of the art prepaid debit card solution for the unbanked population worldwide. It also provides software solutions to Financial Institutions and strategic partners in the secure I.T. network management space.

For more information, visit www.fundstechcorp.com

Matters discussed in this press release contain forward looking statements as defined under the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risk and uncertainties, which could significantly impact the actual results, performance or achievements of the Company. Such risks and uncertainties include, but are not limited to the statement that the funds raised will allow the Company to proceed with the execution of its growth strategy and other risks as may be detailed from time to time in the Company's periodic reports filed with the Securities & Exchange Commission.

On behalf of the Board of Directors,

David Fann, President.

FundsTech Corp.

For more information, please contact our President at:

904-273-2794
dfann@fundstech.com
www.fundstechcorp.com

4651 Salisbury Road

Suite 485

Jacksonville, FL 32256

To contact us:

#

(904) 273-2702

(904) 273-7231

Sales@FNDS3000.com

Info@FNDS3000.com

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