Mag-Tek Press Release:

Mag-Tek Card Readers and MICR Check Readers Selected for Integration with Vital's Premiere PC Software

Tempe, Arizona, Aug. 30, 2000

Mag-Tek, Inc., an internationally known card reader and MICR check reader manufacturer since 1972, today announced that Vital Processing Services® (Vital®), a leader in technology-based commerce enabling services, selected Mag-Tek to integrate its five different card readers and MICR check readers with Vital's POS-partner 2000® software.

POS-partner 2000 is a PC-based point-of-sale (POS) software product that enables retailers and direct marketers to accept and process many kinds of payment vehicles from multiple POS venues, and to capitalize on the information gathering as part of the process.

POS-partner 2000, in concert with Mag-Tek's IntelliPIN, MICR Plus check reader and the card reader, facilitate the processing of card or check transactions at POS locations using a PC.

"We are very honored to be selected by Vital to work with their POS-partner 2000 software product lines," said Mag-Tek president Tom McGeary.

Barb Gregg, senior vice president of product marketing for Vital Processing Services, said, "Our goal is to make POS-partner 2000 easy to navigate at the merchant point of sale. Utilizing Mag-Tek card readers and MICR check readers is as simple as connecting the reader to the keyboard and the keyboard port on almost any PC, and a merchant is ready to swipe magnetic stripe cards."

Arizona-based Vital Processing Services® (Vital®) is a leader in technology-based commerce enabling services. Vital's clients include acquirers and merchant service providers that offer electronic payment processing services to merchants, such as POS products, electronic authorization and data capture; VirtualNet Internet-commerce services; clearing, settlement and exception processing; accounting, billing and reporting; operational fulfillment services; risk management; and customer service. Vital is a merchant processing joint venture of Visa® USA and Total System Services, Inc.® (TSYS) (NYSE: "TSS"). Mag-Tek, Inc. (www.magtek.com) manufacturers an ever-expanding line of magnetic stripe and smart card readers, encoders, and MICR check readers for financial institutions, retailers and OEMs. Mag-Tek also offers comprehensive solutions for card issuance, customer selected PINs and ATM/Debit card activation. Mag-Tek has headquarters in Carson, CA with sales offices throughout the United States, Europe and Asia, along with an international distribution network in over 40 countries.

Mag-Tek technology is used in millions of financial and point-of-sale (POS) transactions utilizing debit cards, credit cards and checks; at banks and other financial businesses, retail checkouts, automated gas pumps, kiosks, pay phones and airplane seat phones throughout the world. For more information on Mag-Tek and Mag-Tek products, call 888/624-8350 or visit www.magtek.com.

For more information on Vital visit their web site at www.vitalps.com.