PRE Solutions, Inc. Acquires GTS Prepaid, Inc.

ATLANTA, GA – PRE Solutions announced today the completion of an asset purchase of GTS Prepaid, a top provider of prepaid transaction processing services. The acquisition reconfirms PRE Solutions’ position as the leading provider of prepaid transaction processing solutions in the United States.

“PRE Solutions’ unequaled growth over the past four years speaks to both the strength of the prepaid industry, as well as our ability to provide quality prepaid transaction processing services now and well into the future,” said PRE Solutions President and CEO Harry J. Galletly. “Acquisitions such as this enable PRE Solutions to continue providing the most expansive product suite in the industry to an even broader base of retailers.”

The acquisition of accounts from GTS Prepaid brings PRE Solutions approximately 4,000 additional customer locations. Following the acquisition, PRE Solutions will be delivering prepaid products and services to well over 50,000 retail outlets in the convenience store, check cashing, wireless agent, grocery, drug store and discount retail industries throughout the U.S. and Puerto Rico.

“PRE Solutions’ financial strength and technological capabilities made this acquisition a natural choice,” said Randy Cherkas, President of GTS Prepaid. “The resulting level of expertise and the additional products and services that will be available to the retail community will no doubt further PRE Solutions’ success in the industry.”

About PRE Solutions, Inc.
PRE Solutions is a leading provider of prepaid transaction processing solutions designed to offer retailers powerful revenue opportunities in prepaid products and other services. The company’s solutions are fast and easy-to-use and eliminate the need for retailers to purchase and manage prepaid product inventory. PRE Solutions’ systems feature real-time product delivery, detailed transaction reporting and Point-of-Sale Activation products — all through the most secure and reliable processing environment in the industry. Prepaid offerings include: Wireless, Long-Distance, Stored Value Cards, Gift Card Programs, Prepaid Debit Cards, Ringtones, Online Games and more. PRE Solutions currently serves tens of thousands of retailers throughout the United States and Puerto Rico. For more information please visit www.presolutions.com.