Sherington Holdings LLC injects a total of $3 million into FNDS3000 PONTE VEDRA BEACH, Fla., Jan. 8 /PRNewswire-FirstCall/ -- FNDS3000 Corp. (OTC:FDTC) (BULLETIN BOARD: FDTC) (Frankfurt: "FT4," A0MWLG) announced that Raymond Goldsmith has joined the Company as Chairman of the Board of Directors as of January 6, 2009. Mr. Goldsmith will assist Chief Executive Officer, John Hancock and the management team on corporate positioning strategies to take advantage of numerous avenues to grow the company and increase shareholder value. Mr. Goldsmith succeeds Michael Dodak who will resign as a director but will remain with the Company as an executive consultant. In addition, the previously announced Securities Purchase Agreement was completed on January 6, 2009, as the Company received $2 million for selling 8,000,000 shares of common stock and a warrant to purchase 30% of the issued and outstanding shares of the Company on a fully diluted basis at an exercise price of $0.35 per share to Sherington Holdings LLC. In October and December 2008, Sherington Holdings LLC provided total financing of $1 million in the form of a secured convertible note. Mr. Goldsmith is Chairman and CEO of Sherington Holdings LLC which is a private investment company. John Hancock, CEO and board member, said: "With his exceptional international experience and leadership, Raymond will enable us to build on the solid foundation of the Company that commenced two years ago, providing the commercial and strategic insights that will assist the company in our growth initiatives. As a significant shareholder himself, his goals are perfectly aligned with our shareholders." Mr. Goldsmith stated, "I am delighted to take up the position of Chairman to FNDS3000 Corp and believe we have enormous opportunities ahead. My role will be to lead the board and support the CEO and the FNDS3000 management team to achieve the growth targets outlined in the strategic business development plan. This plan highlights that the prepaid debit card business has significant potential in a number of markets that remain under developed. With the wealth of expertise, intellect and business acumen of the board, CEO and management, this team is well placed to steer the company through the opportunities and challenges ahead of us. I should like to thank Mike Dodak for all his vision, drive and leadership in establishing FNDS3000 Corp to date and for his valued counsel in helping me prepare for this role." About FNDS3000 Corp: FNDS3000 Corp. (OTCBB: FDTC) (Frankfurt: "FT4," A0MWLG) is a financial transaction processing service company. Since its inception, its focus has been on the development and implementation of a variety of prepaid card programs outside the United States, including services to individuals who lack access to debit cards or advanced banking services. FNDS3000 meets a vital need of companies that have financial dealings with such individuals by offering prepaid debit cards that can be tailored to the differing requirements of each customer. FNDS3000 intends to provide these services in both developed and underdeveloped nations through a proven U.S. processing platform that has been designed for international and cross border capability. Many of these FNDS3000 products carry worldwide brand marks and can be used anywhere that accepts these brands. Programs that can be supported include payroll, insurance, medical aid, gift cards, prepaid cellular charges and small-scale international transfers of funds. The total market potential for prepaid debit cards is estimated to be over $100 Billion annually. In the United States, the company acquired Atlas Merchant Services in July 2008, which provides to merchants a suite of comprehensive credit, debit, and check card payment programs. Forward Looking Statements 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 not limited to, the potential loss of our relationships with each of the parties that sponsor our cards and banks that manufacture, issue, and own the debit cards; the loss of our service providers; security breaches of our electronic information; the inability to raise sufficient capital to fund its operations; and other risks as may be detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise its forward looking statements even if experience or future events make it clear that any of the projected results expressed or implied herein will not be realized. DATASOURCE: FNDS3000 Corp. CONTACT: David Fann, President, , or Joe McGuire, Chief Financial Officer, , both of FNDS3000 Corp, +1-904- 273-2702 Web site: http://www.fnds3000.com/

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