TechTrex Inc. announced today that it has completed certification for its ConverTrex SP1 IP enablement device for communication with Paymentech's NetConnect secure gateway. NetConnect enables merchants with Internet connectivity, such as DSL / Cable or a LAN, to securely process point-of-sale transactions via the public Internet. This eliminates the expense of dial phone lines while providing lightning fast authorizations. The ConverTrex is certified for use with Paymentech's VeriFone 3200 Retail/Petroleum application, as well as certain integrated POS systems.

The TechTrex ConverTrex SP1 is a powerful system using a 32-bit RISK processor that will secure transactions with full 128-bit SSL encryption. ConverTrex connects to your existing POS terminal and/or cash register system to communicate securely over the Internet at a fraction of the cost of a new IP terminal. In comparison to dial communication, transaction response times are reduced from 15-20 seconds down to 3-5 seconds. ConverTrex also offers features such as easy configuration, full remote management and a secure firewall for additional security.

The ConverTrex is the only hardware converter system certified with the major processor Internet gateways, and we are pleased to add Paymentech to the list. By simply connecting the ConverTrex to the serial port of a point-of-sale terminal or integrated cash register, merchants can eliminate the expense of costly dedicated phone lines. We provide the full benefits of an IP terminal for transaction communication, while allowing merchants to leverage their investment in their existing POS equipment. Therefore, the ConverTrex allows merchants to cost-effectively upgrade their systems, save money and significantly improve authorization response times, says Charles Lee, President of TechTrex Inc.

About Paymentech
L.P. processes more payment transactions than any other company in North America and more than half of all Internet transactions for retailers accepting U.S. and international payments via traditional point of sale, Internet, catalog and recurring payments. The privately held company, founded in 1985, is an end-to-end processor for merchants of all sizes and industries. Paymentech's 1,500 employees work in multiple locations, including the Dallas headquarters; New York; Salem, NH; Tampa, FL; and Tempe, AZ. In 2003, Paymentech and its Canadian affiliate, based in Toronto, processed 7 billion transactions and $162 billion in sales volume in 14 currencies.

For more information, please visit www.paymentech.com. or please contact Laura Lambeth at 214-849-3523 or write to [email protected].

About TechTrex Inc.
TechTrex provides unique cost-effective hardware solutions exclusively for the card payments industry. Recent product introductions focus on IP-enabling technologies as well as very powerful low-cost payment terminals.TechTrex leverages international development and manufacturing capabilities to deliver solutions faster, and at a much lower price point than current competitors. TechTrex Inc. has offices in the US Canada Japan China, and Korea www.TechTrex.com

For additional information about TechTrex Inc., please contact Daniel Kim at 905.629.0411 or write to [email protected]