Threshold Financial Technologies Inc. Selected as Central Switching Provider to THE EXCHANGE® ATM Network.

For Immediate Release

Mississauga, Ontario, and Surrey, British Columbia - March 26, 2008 - Threshold Financial Technologies Inc. (Threshold) and FICANEX Services Limited Partnership (Ficanex), operator of THE EXCHANGE® network in Canada, jointly announced today that they have executed a binding letter of intent to enter into a long-term agreement nominating Threshold as the designated Central Switching Provider (CSP) to THE EXCHANGE® network. There are currently over 235 members of THE EXCHANGE® network, including HSBC Bank Canada, National Bank of Canada, Vancity Savings Credit Union, Coast Capital Savings Credit Union, and Meridian Credit Union.

“The solution proposed by Threshold will allow THE EXCHANGE® network to offer its members a more advanced and value-driven suite of services,” explained Linda Matheson, Network General Manager, FICANEX Services Limited Partnership. “We believe that Threshold will be a strong, strategic partner and will deliver a solid platform for THE EXCHANGE® network to operate on, providing enhanced levels of service and support in an environment that is EMV chip ready. We are particularly impressed with Threshold’s depth and breadth of experience, their approach to customer service, and their proven commitment to excellence.”

“We are very excited to be working with THE EXCHANGE® network to enhance its service offering to the Canadian marketplace and strengthen its overall value proposition. Our Company is highly committed to the credit union and banking industry and this partnership recognizes that commitment,” stated Matthew McIver, President of Threshold. “Threshold brings an EMV compliant solution coupled with a richer functionality offering than was previously available. With the Active/Active solution we are employing, we are at the forefront of the industry for delivering world-class, fault-tolerant, and leading-edge ATM and switching solutions to Canada’s financial services market.”

About THE EXCHANGE® Network

THE EXCHANGE® ATM network enables participating financial institutions to offer their cardholders convenient access to a very large, proprietary ATM network at an affordable cost. THE EXCHANGE® network offers the only inter-institutional, full-function ATM network in Canada and consists of over 235 members offering surcharge free access on over 2,200 ATMs nationwide. More information is available at www.the-exchange.ca.

About Threshold

Threshold Financial Technologies Inc. is a wholly owned subsidiary of Versent Corporation ULC, a privately owned Canadian company with more than 850 employees throughout North America.

Threshold has been actively involved in the payments industry since 1997 providing leading edge, feature rich, and value-based EFT processing and ATM solutions to Canadian retailers and financial institutions. The Company has existing relationships with a broad range of banks and credit unions, as well as Canada’s largest retailers such as Meridian Credit Union, Alterna Savings Credit Union, All Trans Financial Services Credit Union, ING Bank, Sobeys, A&P, Costco Wholesale Canada, and Husky Energy. For more information, see www.threshold-fti.com

Contact Information:

Linda Matheson Network General Manager FICANEX Services Limited Partnership           Financial Technologies Inc. 604-581-6246 lmatheson@the-exchange.ca

Tracy Boyd VP, Marketing Threshold +1.905.678.4495 tboyd@versent.com