Pay Linx Corporation updates production platform and expands facilities

    TSX Venture Exchange Symbol: PIN

    EDMONTON, Aug. 8 /CNW/ - Pay Linx Financial Corporation (TSXV: PIN) ("Pay
Linx" announced today that it has moved its production
platform as of August 1st and technical capabilities a process that started
February 2007 to reflect its current growth projects and expanded business
requirements. The company has also expanded its operations in Edmonton and
extended services with the opening of a Sales and Management office in
    "The investment we are making to upgrade our production and delivery
capacity and expand our organizational capabilities will allow Pay Linx to
grow opportunities with larger clients such as government agencies, insurance
providers and larger Corporations who require this type of data facility,"
said Ian McNeill, President and CEO. "We doubled the size of our office space
in Edmonton to accommodate increased staffing to meet customer and
organizational demands. The addition of the Toronto office enables
accessibility to many of our current financial customers and future
    The company has moved to a scaleable, no single point of failure and
fully hosted fault tolerant production platform to deliver uninterrupted
service to Pay Linx customers. The Pay Linx Data Centre Production Environment
provides for production performance and reliability for the mission critical
services Pay Linx provides. The Data Centre includes proactive 7 day by 24
hour monitoring and support, Back-up and restoration of data, Physical and
Network security, Scaleable high-speed bandwidth, Redundant and fault-tolerant
scaleable application and data server platforms, and Environmental and Power
conditioning services. Pay Linx, typical of any financial services provider,
also has a 'warm' disaster recovery site on standby at all times.
    Simultaneous to locating to the new Data Centre facilities, Pay Linx is
also migrating to a new version of its eFund Application, adding features
derived from the wisdom garnered from three years experience and delivery of
services to the Government of Alberta.
    The combination of the eFund migration and the Data Centre expansion by
Pay Linx enables seamless integration to back-end payment processing for
movement of funds through bank wires, Automated Clearing House (ACH) and
Electronic Data Interchange (EDI).

    About Pay Linx Financial Corporation

    Pay Linx delivers affordable, accessible contemporary payment processing
services that integrate seamlessly into North America's existing financial
systems. Pay Linx is 25% owned by Royal Bank of Canada. Our innovative
Application Service Provider product is a Prepaid Debit Card solution. Pay
Linx is in the business of processing, managing stored value cards (SVC), and
Mobile Banking solutions throughout Canada and United States. Pay Linx
partners with the best in the industry, securing relationships with
established, reliable partners with broad market reach and utilizing
contemporary ATM, Point of Sale (POS) and online technology. As a result, we
set the industry standard for security, affordability and user responsiveness.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    Certain statements contained herein may constitute forward-looking
statements. These statements relate to future events or our future
performance. All statements other than statements of historical fact may be
forward-looking statements. Forward-looking statements are often, but not
always, identified by the use of words such as "seek", "anticipate", "plan",
"continue", "estimate", "expect", "may", "will", "project", "predict",
"potential", "targeting", "intend", "could", "might", "should", "believe" and
similar expressions. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or events to
differ materially from those anticipated in such forward-looking statements.
We believe that the expectations reflected in the forward-looking statements
are reasonable based upon management's current views but no assurance can be
given that these expectations will prove to be correct and such
forward-looking statements should not be unduly relied upon. No assurance can
be given that actual results, performance or achievement expressed in, or
implied by these forward-looking statements will occur, or if they do, that
any benefits may be derived from them. Past results have been applied in
drawing a conclusion or making a forecast or projection set out in the
forward-looking information.

For further information:

For further information: Ian McNeill, President and CEO, Pay Linx
Financial Corporation, Tel: (780) 702-4710, Email:

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890