INFINET SOLUTIONS AND MONERIS SOLUTIONS, INC., TEAM TO PROVIDE CREDIT CARD SERVICES TO COLLEGES AND UNIVERSITIES

CHICAGO, IL, November 21, 2002 – infiNET Solutions and Moneris Solutions, Inc. announced today an alliance agreement to begin providing Moneris credit card payment services through the industry leading QuikPAY™ subscription service. QuikPAY, the billing, payment and commerce service offered by infiNET Solutions, provides institutions with a comprehensive suite of solutions to meet their ever-increasing need to provide online and offline services for all types of billing, payment and commerce transactions. This alliance will benefit customers by providing centralized reconciliation, aggregated reporting and a simplified business relationship.

QuikPAY provides colleges and universities with the ability to aggregate all of their transactions through a central billing and payment service. Services include eBill, paper bill fulfillment, eCheck payments, credit and debit card services for Internet, phone and in-person transactions, campus card refresh, cashiering solutions and reconciliation reporting across the enterprise, along with sophisticated content management and distributed administration, which serves every departmental merchant within the institution. Used on over 50 campuses throughout the U.S., QuikPAY is the pre-eminent billing, payment and commerce service for colleges and universities today.

Moneris Solutions is one of North America’s largest electronic transaction processors, delivering advanced payment card processing capabilities through a broad range of leading edge point-of-sale hardware, payment processing software and e-commerce solutions. Moneris brings over thirty years of payment processing experience to this alliance.

"infiNET Solutions is pleased to offer our customers comprehensive and competitive credit and debit card services from Moneris Solutions. As one of the most respected payment processing companies in the market, Moneris understands the needs of higher education and is a perfect complement to our QuikPAY business services”, stated Harvey Gannon, CEO of infiNET Solutions. “Our valued customers and the market in general will be the beneficiaries of this alliance”.

As the market for eBill and ePayment services within higher education matures more institutions are looking for a full service offering to meet their needs across the entire enterprise. QuikPAY(TM) is a proven solution to meet those needs.

“Moneris was drawn to infiNET Solutions because of the tremendous feedback we were hearing from our mutual clients” explains Brian Green, VP, North American Marketing, Moneris Solutions. “We’ve seen infiNET Solutions in action, and our higher education clients are impressed by the value they derive. We have a track record of working well with infiNET Solutions, which translates into smooth implementation and a high level of ongoing service for our customers.”

infiNET Solutions provides campuses with comprehensive business services including their QuikPAY billing, payment and commerce solution. Available as both an enterprise software deployment or as a hosted subscription service, QuikPAY provides the "power of choice" to colleges and universities for their billing and payment needs.

For more information about infiNET Solutions or QuikPAY please call (888) 413-3150 or visit our Website at www.QuikPAY.cc

Moneris Solutions is a leading North American technology and merchant processing company. Moneris Solutions is a joint investment of two major financial institutions, which have assets in excess of $700 billion. Moneris provides businesses with technologically advanced, easy to use, card acceptance and point-of-sale solutions. Moneris is one of North America’s largest merchant payment processing companies serving more than 300,000 North American merchant locations and a staff of over 1100 employees. Moneris has head offices in Toronto, Ontario, and Buffalo Grove, Illinois.