Threshold Financial Technologies Inc. Launches New Identity

Tuesday, April 15, 2003 - Toronto, Ontario -- Threshold Financial Technologies Inc. (Threshold), formerly Threshold Electronics Limited, announced today that it has launched a brand new identity, effective immediately. Threshold has successfully established itself as an industry leader in the delivery of fully managed ATM and financial transaction processing services to financial institutions and retailers.

“I am very excited by this latest development in our business”, says Matthew McIver, the company’s president. “We believe our new name and look strongly reflect the company’s focus, reaffirming our commitment to delivering best-in-class services and state-of-the-art solutions to the financial services and retail markets.”

Threshold has played a major role in the Canadian ATM industry since 1997, and the company’s client list includes such prestigious organizations as ING Bank, CS CO-OP and Shoppers Drug Mart.

Threshold also owns and operates a nationwide private label ATM network branded “Laser Cash” and provides fully managed ATM solutions across Canada, with over 1250 ATMs deployed, making it one of Canada’s largest ATM operators.