Moneris Solutions President & CEO Jim Baumgartner Named Electronic Transactions Association Member of the Year

CHICAGO--(BUSINESS WIRE)--April 27, 2005--Moneris Solutions Corporation ("Moneris"), Canada's largest provider of debit and credit payment services for merchants, is pleased to announce that Jim Baumgartner, President and CEO of Moneris, has been selected as the Electronic Transactions Association (ETA) Member of the Year.

The award was presented during the 2005 Electronic Transactions Association Annual Meeting and Expo, held in March in Las Vegas, Nevada. Nearly 2,900 payment professionals from CEOs to sales agents attended the meeting.

“Jim Baumgartner consistently puts the needs and well being of ETA and its members first”

ETA is the international trade association serving the needs of organizations offering payment processing products and services. The Member of the Year award is presented to a current member who embodies the true spirit of ETA by demonstrating exemplary leadership skills while contributing time, effort, and ideas that have resulted in significant contributions to the success of the association.

"Jim Baumgartner consistently puts the needs and well being of ETA and its members first," said ETA Executive Director, Carla Balakgie. "Serving on three board committees, Jim is a very active member and regular sponsor of association events. He supports ETA through the involvement of Moneris employees and he is consistently balanced and skilled in his leadership of the organization. We applaud his dedication to ETA and to our industry."

"It is a privilege to be recognized by the ETA as their Member of the Year," said Jim Baumgartner, President and CEO, Moneris. "We work hard to ensure Moneris is at the forefront of the electronic payments industry, and we're constantly pushing ourselves to deliver innovative products and solutions backed by quality customer service to our more than 350,000 North American merchants. I look forward to a long and productive relationship with the Electronic Transactions Association."

About Moneris Solutions Corporation

Moneris Solutions Corporation (www.moneris.com) and Moneris Solutions Inc. (www.monerisusa.com) have a 30-year history as one of North America's largest electronic transaction processors, delivering advanced payment card processing capabilities through point-of-sale hardware, payment processing software, e-commerce solutions and a gift and loyalty program. Moneris provides transaction-processing services nationwide through numerous agent banks and serves the small to medium-sized business market through direct sales and strategic partnerships. A joint investment of the Royal Bank of Canada and the Bank of Montreal, which have assets in excess of $700 billion, Moneris Solutions serves more than 350,000 North American merchant locations and has a staff of over 1,100 employees. U.S. headquarters are located outside of Chicago, IL.

About Electronic Transactions Association (ETA)

ETA is the international trade association serving the needs of organizations offering transaction processing products/services. ETA has over 500 member companies from seven different countries. For more information visit www.electran.org.