TRANSAKT TERMINAL

Calgary-based Wildcard Wireless Solutions has reached agreements
with CardReady International for the sales, support and marketing of its
flagship “TransAKT CDMA” wireless POS terminal in the USA.
CardReady, a U.S. merchant service provider that is sponsored by Key Bank,
will accept and process credit card transactions generated by end users of
“TransAKT” terminals and will also provide front line customer support. In
order to facilitate manufacturing of an initial inventory of “TransAKT”
wireless terminals required for CardReady’s U.S. sales, CardReady has
arranged a US$350,000 financing for Wildcard by way of an inventory secured
loan. In exchange for providing sales, support, and marketing in the USA
for the terminals, CardReady and Wildcard have signed a MOU wherein
CardReady has been granted the exclusive distribution rights within the USA
for the “TransAKT CDMA” wireless terminal and has been designated the
“Merchant Service Provider of Choice.”

TransAKT Terminal

Calgary-based Wildcard Wireless Solutions has reached agreements with CardReady International for the sales, support and marketing of its flagship “TransAKT CDMA” wireless POS terminal in the USA. CardReady, a U.S. merchant service provider that is sponsored by Key Bank, will accept and process credit card transactions generated by end users of “TransAKT” terminals and will also provide front line customer support, according to The RAM Report (www.ramreport.com). In order to facilitate manufacturing of an initial inventory of “TransAKT” wireless terminals required for CardReady’s U.S. sales, CardReady has arranged a US$350,000 financing for Wildcard by way of an inventory secured loan. In exchange for providing sales, support, and marketing in the USA for the terminals, CardReady and Wildcard have signed a MOU wherein CardReady has been granted the exclusive distribution rights within the USA for the “TransAKT CDMA” wireless terminal and has been designated the “Merchant Service Provider of Choice.”

TRANSAKT CERTIFICATION

Calgary-based Wildcard Wireless Solutions has received Vital Processing
Services’ “Class B” platform certification for both its restaurant and
retail software applications in the USA.. The software applications, which
run seamlessly on Wildcard’s “TransAKT” wireless POS terminals, will allow
the Company to immediately begin marketing its flagship product in the
American marketplace. Wildcard is currently in negotiations with several of
these U.S. merchant acquirers who are interested in marketing and
distributing the company’s “TransAKT” POS terminals.