FNDS3000 Corp Press Release 9/25/2007

Press Release

FundsTech Corp Announces that a South African Bank has signed an Agreement in Principal to sponsor the issuance of co-branded cards in South Africa with FundsTech’s Strategic Partner Symelation

Ponte Vedra Beach, FL September 25, 2007 /PRNewswire-FirstCall/
FundsTech Corp (NASDAQ OTC (FNDS), (Frankfurt “FT4’, A0MWLG)

“Having a sponsor bank paves the way for FundsTech to turn our backlog of prepaid card customers into revenue generating cardholders through our existing strategic partners.” said David Fann, President.

Due to the Non-Disclosure agreement between the parties the company cannot disclose the name of the sponsor bank at this time.

Victoria Vaksman, Executive Vice President of Europe, Middle East and Africa for FundsTech Corp stated: “We are very happy to achieve this important step in our South African strategy, and in addition to marrying a top sponsor bank with a highly capable and experienced FundsTech sales channel partner it also allows us to focus more completely on expanding our cardholder base and allows us to start servicing our customer backlog in this country. Looking forward, our partners in South Africa are in the process of securing a significant customer base and we are delighted to be in a position to finalize current potential deals and start issuing cards in the immediate future.” Ms Vaksman continued, “South Africa is a strategically important country in FundsTech’s business model of penetrating into emerging markets and we will be able to leverage these two relationships to do just that. During the next 18 months we envision issuing over 1,100,000 cards on the territory of South Africa.” The industry monthly average fees for prepaid cards are estimated to be approximately $12.00 per month.

Sybille McCloghrie the CEO of Symelation said, "The implementation of customised tailor-maid prepaid solutions for our customers is a complex and time consuming process. FundsTech brings this to us, and also allows us to add a most important component - an agreement with the right Sponsor Bank in the territory. There are more than 13 million unbanked individuals in South Africa and we are glad to be in a position to start servicing this previously disadvantaged category of potential clients.”

About FundsTech Corp

FundsTech Corp is a financial services company that provides prepaid debit cards to the over 1 Billion working population worldwide who do not have a bank account. This market is estimated at over $100 Billion on an annual basis. The FundsTech Cash Card allows the employer to replace payroll checks for their un-banked workers. In addition it allows employers to use the FundsTech Cash Card where they now have to pay their employees in cash, which is estimated to be over 50% of the worldwide working population. The FundsTech Cash Card also allows for the domestic and international transfer of money (replaces Western Union) which is also a market estimated to be over $100 Billion annually. The FundsTech Cash Card can be used anywhere in the world that accepts MasterCard or Visa. Other services include Gift cards, bill pay, prepaid cellular, etc.

Company Contact FundsTech:
David Fann
President
904-273-3968
dfann@fundstech.com
www.fundstechcorp.com

About Symelation (Pty) Limited:

Symelation provides specific Information Technology and business services and solutions that assist private and public sector organisations in optimising their operations. One of the most important projects of Symelation is the establishment of a logistics and procurement ‘Hub’ for Small, Medium and Micro Enterprises (SMMEs). Symelation works in conjunction with Government, the SMME Forum and two leading South African based companies who are providing internet solutions as well as logistics and supply chain expertise.

Company contact Symelation
Sybille McCloghrie
Telephone: +27 (0) 11 958 1055
Website: http://www.symelation.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 limited to, the time frame for production of revenue,
product development and commercial introduction, the impact of rapid price and technological change and competition, manufacturing and supply uncertainties and other risks as may be detailed from time to time in the Company's periodic reports filed with the Securities & Exchange Commission.