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July 15, 2004


FRANK LYNCH JOINS ERNEX AS EASTERN REGIONAL SALES DIRECTOR


VANCOUVER, July 15, 2004 - Ernex, a division of Moneris Solutions Corporation ("Ernex") and an industry leader in real-time loyalty and stored-value gift card programs, today announced that Frank Lynch has joined the organization as Eastern Regional Sales Director.

Lynch is a veteran in the financial services industry, with over fourteen years experience on the acquiring side of the merchant processing industry. Previously, he was East Coast Director of National Sales with Travelers Express Moneygram, and prior to that held positions in sales with Global Payments and NaBanco. Lynch will be based in the Ernex regional sales office in Reston, Virginia.

"I am very excited about this opportunity with Ernex, since Ernex is recognized as a leading provider in real-time loyalty and gift card programs," said Lynch. "More companies are recognizing their need for electronic loyalty and gift card programs, so the opportunity in the U.S. market is tremendous."

"Frank's arrival highlights Ernex's commitment to expanding our sales in the American loyalty and stored-value card marketplace," said Malcolm Fowler, Vice President & General Manager, Ernex. "He has an extensive background of growing sales for companies that he works for, and of exceeding sales targets. His knowledge of the U.S. marketplace and merchant landscape will be a valuable asset."

About Ernex
Ernex, a division of Moneris Solutions Corporation, is a provider of innovative real-time marketing solutions including privately branded and multi-merchant loyalty programs, stored-value gift cards, reward fulfillment services and loyalty database hosting services. Leading companies in the financial, retail, restaurant and hospitality industries as well as large membership organizations use Ernex solutions. For more information, contact Ernex at 877-GO-ERNEX or visit www.ernex.com.

About Moneris Solutions Corporation
As Canada's largest provider of payment processing solutions for merchants, Moneris offers credit and debit card payment services for virtually every industry segment. Through its Ernex division, Moneris offers leading-edge electronic loyalty and gift card programs. With more than 350,000 merchant locations, Moneris works with a range of business partners to provide the hardware, software and systems needed to improve business efficiency and manage point-of-sale information. Moneris employs over 1,100 people at its head office in Toronto as well as at offices in Chicago, Montréal, Vancouver and Sackville. For more information please visit www.moneris.com.


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For more information, please contact:

Steve Bestvater
Marketing Manager
Ernex
Phone: (604)415-1500
steve.bestvater@ernex.com



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