Threshold Financial Technologies Inc. Provides Critical Processing Services to ATB Financial

Mississauga, Ontario – November 24, 2008 -Threshold Financial Technologies Inc. (Threshold) is pleased to announce that it has been contracted to provide multi-faceted transaction processing services to Alberta-based ATB Financial (ATB). Threshold has completed the first phase of the project which entails driving ATB’s ATM network, and providing transaction processing for all their ATM transactions. The second phase will involve Threshold providing enterprise card management and issuer processing services, including EMV processing. In addition, Threshold has been engaged to handle all ATM hardware and software maintenance support services for ATB’s network.

With a network of more than 240 ATMs and more than 660,000 customers, ATB is the largest Alberta-based financial institution. Threshold is one of Canada’s largest providers of ATM management and transaction processing services, offering unique solutions designed specifically for Canadian financial institutions.

“ATB’s vision is to provide world-class financial solutions for Albertans,” said Michael Baker, ATB’s Executive Vice President, Retail Financial Services. “We needed a business partner who could keep up with changing technology and regulatory demands, and provide us with outstanding service, knowledge, and innovation. Threshold is such an organization.”

“We are honoured and excited to have been selected by ATB Financial to provide a wide array of mission-critical services. Threshold has, and continues to, invest heavily in its technology platform and service offering to ensure it brings the highest quality and technologically advanced solutions available to its customers,” commented Matthew McIver, President, Threshold. “Assisting ATB with the adoption of EMV technology, through the provision of enterprise card management and EMV processing services, is just one example of how Threshold can assist financial institutions with increasingly demanding industry and regulatory challenges.” .

About Threshold Financial Technologies Inc.

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 EFT processing and ATM solutions to Canadian retailers and financial institutions. The Company has relationships with over 100 corporate retailers, banks and credit unions, including Meridian Credit Union, Alterna Savings Credit Union, All Trans Financial Services Credit Union, ING Bank and is the newly appointed Central Switch Provider (CSP) for The Exchange Network, Canada’s only national surcharge free ATM network. Threshold is also currently building a new C2C (Coast to Coast) node gateway solution for Central 1; the C2C node provides access to Canadian payment networks, as well as debit card and ATM processing services, to Canadian credit unions. For more information, see www.threshold-fti.com.

About ATB Financial

ATB Financial ("ATB") is a full-service financial institution headquartered in Edmonton, Alberta, Canada. ATB commenced operations in 1938 and, today, with total assets of $24.5 billion, ATB is the largest Alberta-based financial institution. ATB is a cornerstone in communities throughout Alberta. In fact, it is the sole financial institution in 118 Alberta communities. Access points include 163 branches and 133 agencies in 244 communities throughout the province, plus a Customer Contact Centre in Calgary. For further information on ATB Financial, visit www.atb.com.

Contact:
Tracy Boyd,
VP Marketing
Threshold Financial Technologies Inc.
905-678-4495