PONTE VEDRA BEACH, Fla., July 30 /PRNewswire-FirstCall/ -- FNDS3000 Corp. (OTC:FDTC) (BULLETIN BOARD: FDTC) (Frankfurt: "FT4," A0MWLG) announced it has added Richard Smuts-Steyn as a Director and Vice President of Africa. He will focus on the build out and expansion of the African market and will oversee the sales, operations and the merger and acquisition strategy of the FNDS3000 African subsidiary. Over the last 5 years, Smuts-Steyn increased sales from approximately US$10 million to over US$200 million as the Group CEO of Ventury Group, a multi-channel payment and transaction processor based in South Africa. Smuts- Steyn has extensive knowledge in both banking services as well as market development in developing economies. Smuts-Steyn has also been instrumental in the successful launch of point of sale services and pre-paid card application in evolving markets such as South Africa, India, Kenya and Nigeria. Richard Smuts-Steyn stated, "I am most proud and privileged to be joining the team at FNDS3000. The pre-paid card market is not only enjoying explosive growth in the US markets but is also a key catalyst to the growth of banking services in Africa. The services provided by FNDS3000 to this market will not only play a pivotal role in the development of banking structures as a whole, but is also expected to generate attractive return on our efforts in this continent." "I am excited that Richard has joined the team. With our strategic focus on Africa we needed a strong experienced executive who will be dedicating all his efforts on developing this market and management of our South African processing center. This will allow us to continue to develop and expand the opportunities that have presented themselves in the European and the Middle East markets," added Victoria Vaksman, Executive Vice President of Europe, Middle East and Africa for FNDS3000 Corp. "I am very pleased that Richard has joined the company. He will be headquartered in Johannesburg and his immediate focus of concentration will be South Africa. Richard's depth of knowledge in the transaction business and contacts in Africa will be utilized to grow the business organically and through key acquisitions," said Michael Dodak, CEO of FNDS3000. About FNDS3000 Corp FNDS3000 Corp is a financial transaction processing company providing prepaid card and merchant processing solutions. We provide prepaid cards to a market with over 1 Billion individuals worldwide who do not have bank accounts, estimated at over $100 Billion in annual revenue. Our products allow employers to replace payroll checks for all workers. In addition, employers can use our products in lieu of cash to pay employees -- this may be greater than 50% of the worldwide working population. Domestic and international sharing of money, similar to Western Union(TM), is a key feature of our solution. This market is estimated to be over $100 Billion annually. Many of our products carry worldwide brand marks and can be used anywhere in the world that accepts those brands. Other services include gift cards, bill pay, prepaid cellular and other prepaid products. Our merchant processing solutions provide comprehensive credit, debit, and check card payment programs. We are dedicated to the service and profitability of our merchants. The combination of card issuing and merchant processing enables FNDS3000 to provide turnkey financial transaction solutions to virtually any market worldwide. Matters discussed in this press release contain forward looking statements as defined under the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risk and uncertainties, which could significantly impact the actual results, performance or achievements of the Company. Such risks and uncertainties include, but are limited to, the time frame for production of revenue, product development and commercial introduction, the impact of rapid price and technological change and competition, manufacturing and supply uncertainties and other risks as may be detailed from time to time in the Company's periodic reports filed with the Securities & Exchange Commission. DATASOURCE: FNDS3000 Corp. CONTACT: David Fann, President, +1-904-273-2702, , or Joe McGuire, Chief Financial Officer, +1-904-273-2702, , both of FNDS3000 Corp. Web site: http://www.fnds3000.com/

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