CUSI Selects Capital Payments to Implement E-Commerce Solutions for the Utility industry.

Continental Utility Solutions, Inc. (www.cusi.com), a leader in the utility billing software industry, joined forces with Capital Payments. CUSI now offers clients an electronic payment solution geared specifically for the utility sector. Capital Payments’ integration provides competitive access to Visa®/Mastercard® programs for utility companies looking for ways to reduce expenses and automate operations. The partnership is a distinct advantage for utilities who are aggressively improving customer service.

Electronic cash flow management is a new opportunity for CUSI customers to access hidden assets. With Capital Payments as a service provider, CUSI customers have exclusive access to optimal interchange levels and specialized programs that Visa® and MasterCard® offer to the utility sector. Lowering the cost of electronic payment processing can free cash flow which may be hidden in the walls of customer service operations. CUSI customers that use Capital Payments will improve visibility and manageability of previously overlooked payment processing costs.

“Capital Payments is an ideal partner for us,” stated Michael F Guerriero, CEO of CUSI. “Today there is a renewed focus on ground floor business functions to help reduce costs and drive a healthy cash flow. The initial results are impressive in terms of product quality, service and ease of use and we are excited that Capital Payments’ electronic payment options are so flexible. Our experienced teams will work cohesively together to deliver a significant impact to the bottom line to our clientele base.”

Todd S. Whiton, President and CEO of Capital Payments said, “We are delighted to have the opportunity to work with CUSI in helping them and their clients navigate through the ever increasingly complex world of electronic payments. CUSI is a recognized leader in providing Utility Billing Applications. Capital Payments suite of state of the art payment solutions will complement CUSI’s vision of providing the industry’s leading and most comprehensive solution for Utilities throughout the United States. Their status as a Trusted Advisor to their clients is a true complement to our business model.”

About CUSI

CUSI has provided utility billing software to the public sector since 1984 and currently has over 900 customers around the world. Visit www.cusi.com or call 1-800-240-1420.

About Capital Payments, LLC

Capital Payments is a leading provider of merchant and electronic payment solutions. The company is uniquely focused on working with Trusted Advisors to help them navigate their business clients through the increasingly complex world of electronic payments. The company provides transparent and competitive pricing, very fair terms and conditions, and best of breed payment products and services to its merchants. Capital Payments is led by industry veterans with decades of experience in working with small and midsized businesses and their CPAs, Accountants, Attorneys and other trusted advisors. For more information, please visit www.capitalpayments.com.

Capital Payments, LLC Continues Merchant Portfolio Consolidation and Forms Strategic Alliance with Merchant Services Group

Capital Payments announced today that it has made its fourth acquisition, purchasing a specific portion of merchant assets from Merchant Services Group, Inc. (MSG) and entering into a long-term distribution agreement with MSG’s principals. Based in Syosset, New York, MSG is an electronic payments services company specializing in credit card and check processing, and other payment related services for small and medium-sized businesses, corporate merchants and ecommerce merchants.

The acquisition and alliance agreement with Merchant Services Group supports Capital Payments’ ongoing strategy to offer merchant acquiring entrepreneurs opportunities to monetize their existing portfolios and benefit from Capital Payments’ multiple processing relationships, geographic diversity, robust sector-specific product offerings and novel technology. MSG’s merchants extend Capital Payments’ commitment to being the leading national provider of payment solutions to the Trusted Advisor community and their small business clients.

“We are aggressively looking to add entrepreneurs and their portfolios to our platforms, and feel that our speed and financial flexibility as well as our comprehensive suite of payment related products positions us as a leading merchant acquirer,” states Todd S. Whiton, President and CEO of Capital Payments.

Headquartered in Melville, NY, Capital Payments, LLC supports Trusted Advisors such as CPAs and attorneys in working with their small- and mid-sized business clients. Capital Payments is financially backed by Hamilton Investment Partners and Financial Partners, a business unit of Citi Capital Advisors. “We are pleased to support Capital Payments in delivering a superior level of merchant processing to Trusted Advisors and their clients, and we look forward to continuing to work with Todd Whiton, CEO and Pat Keller, CFO, and our partner investors on future successful acquisitions," said Manu Rana, Managing Director of Financial Partners. Capital Payments was represented in the transaction by Jaffe, Raitt, Heuer & Weiss.


About Capital Payments, LLC
Capital Payments is a leading provider of merchant and electronic payment solutions. The company is uniquely focused on working with Trusted Advisors to help them navigate their business clients through the increasingly complex world of electronic payments. The company provides transparent and competitive pricing, very fair terms and conditions, and best of breed payment products and services to its merchants. Capital Payments is led by industry veterans with decades of experience in working with small and midsized businesses and their CPAs, accountants, attorneys, and other trusted advisors. For more information, please visit www.capitalpayments.com.

About Merchant Services Group
Servicing thousands of merchants nationwide, Merchant Service Group, Inc. understands that offering electronic payments in today's world is a necessity for your business. Merchant Service Group provides an array of electronic payment processing options to retail, restaurant, mail order, telephone order, and Internet businesses. Services include credit, debit and EBT card processing, check conversion and guarantee, electronic gift certificate processing, and equipment leasing and sales.

About Hamilton Investment Partners
Hamilton is a private investment firm that makes equity investments in partnership with superior management teams, focusing primarily on small and middle market buyouts and growth capital financings. Following each investment, Hamilton intends to play an active role on the board of directors in guiding the company and developing its expansion and exit strategies. Together, the firm's partners have completed more than 40 financings over the past 25 years. For more information please visit www.hamiltoninvestment.com.

About Financial Partners
Financial Partners, a business unit of Citi Capital Advisors, seeks to provide primary, secondary and special-situations capital to financial services businesses and companies servicing financial institutions. Financial Partners aims to provide equity, debt or hybrid capital for event-, special situation, or growth, acquisition or recapitalization financing. Its goal is to finance exceptional management teams who can take advantage of the skills and relationships of the Financial Partners investment team to catalyze or accelerate the creation of durable value in their companies. Citi Capital Advisors, a unit of Citigroup Inc., manages $14 billion globally on behalf of institutional, corporate, sovereign and individual investors.

Nassau County Bar Association Provides Their members a Solution to More Effectively Manage Their Cash Flow

Nassau Bar Association Endorses Capital Payments as Service Provider of Electronic Payment Solutions

The Nassau County Bar Association (NCBA), the largest legal Association in the north east region, announced today that they are endorsing Capital Payments, a leading electronic payment solutions headquartered on Long Island.

Law firms are finding that clients like the convenience and ease of paying with credit cards. Dede Unger at the NCBA states, “We are excited to provide members with our endorsement of Capital Payments. Our endorsement allows members to feel comfortable and confident about using Capital Payments for credit card and other forms of electronic payment options.”

By using Capital Payments services, law firms can offer their clients the option of paying legal fees and funding escrow and trust accounts using credit and debit cards. By simultaneously debiting a law firm’s operating account for the processing fees when an escrow or trust account is funded, law firms maintain compliance with rules governing such accounts. The fees for processing credit cards or other electronic payments are nominal when compared to the accelerated accounts receivables and convenience which it provides their clients. “Faster payments, fewer write-offs and increased realization rates are added benefits experienced by many law firms who begin offering electronic payment solutions,” said Todd S. Whiton.

Capital Payments provides merchant services to numerous law firms across the country including Am Law 100 firms. Todd S. Whiton, President & CEO of Capital Payments said “Law firms that take advantage of our industry specific suite of electronic payment solutions find they can accelerate cash flow, reduce operating costs, increase client acquisition and retention, and grow their practice.”

Capital Payments provides a complete suite of electronic payment solutions including Credit and Debit Card processing, ACH Check Processing, Automatic Recurring Billing, Online Gateway Solutions, Electronic Reporting, Remote Check Deposit Solutions and Escrow Account Management. Transactions are processed seamlessly through Capital Payment’s Online Gateway Solution.

About the Nassau Bar Association
Founded in 1899, the Nassau County Bar Association is a not-for-profit professional membership association for attorneys. It is the leading source for legal information and services for the legal profession and the local community in Nassau County, Long Island, New York. NCBA enjoys a membership of nearly 6,000 private and public sector attorneys, judges, legal educators and law students, making it the largest suburban bar association in the country.

About Capital Payments, LLC
Capital Payments is a leading provider of merchant and electronic payment solutions headquartered in Melville, New York with offices in Chicago and Florida. Their Law firm clients include Am Law 100 firms across the country. Capital Payments distinguishes itself among merchant service providers by focusing on helping trusted advisors – CPAs, Attorneys, Accountants and others - help their clients navigate the complex world of electronic payment solutions. Capital Payments provides transparent and competitive pricing, very fair terms and conditions, and best of breed payment products and services. Capital Payments is led by industry veterans with decades of experience working with small and midsize businesses and their CPAs, Accountants, Attorneys and other trusted advisors. In November of 2009 Capital Payments acquired Chicago firms Applied Merchant Systems and PayQuake. For more information visit www.capitalpayments.com.