Press Release - Collective Point of Sale Solutions grows 382% and earns a PROFIT 100 ranking of Canada’s fastest-growing companies

Canada’s leading provider of payment processing services and secure point-of-sale solutions, has been named to the 20th annual PROFIT 100 ranking of Canada’s fastest-growing companies by PROFIT Magazine.

Toronto, ON - June 2, 2008

With revenue growth of 382 per cent over the past five years, Collective Point of Sale Solutions (Collective P.O.S.), Canada’s leading provider of payment processing services and secure point-of-sale solutions, has been named to the 20th annual PROFIT 100 ranking of Canada’s Fastest-Growing Companies by PROFIT Magazine.

“The PROFIT 100 are role models for anyone who wants to expand their business domestically or internationally,” says Ian Portsmouth, editor of PROFIT. “All entrepreneurs can take great lessons from the product development, human resources and marketing practices of Canada’s Fastest-Growing Companies.”

Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 100 profiles the country’s most successful growth companies. Published in the June issue of PROFIT and online at PROFIT100.com, the PROFIT 100 is Canada’s largest annual celebration of entrepreneurial achievement.

“Earning a spot on the PROFIT 100 list is a great honour and tremendous achievement for our entire team.” says Michael Back, President of Collective P.O.S. “It is the result of a lot of hard work and dedication on the part of our employees and demonstrates our strong commitment to offering exceptional customer service at reasonable prices to small and medium businesses across Canada.”

About PROFIT Magazine:
PROFIT: Your Guide to Business Success, is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For more than 25 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 – 250 employees and annual revenue of $1 million to $25 million, reaching more than 300,000 readers across Canada. Visit PROFIT online at www.PROFITmagazine.ca.

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About Collective Point of Sale Solutions Ltd.:
Collective Point of Sale Solutions Ltd. (Collective P.O.S.) is Canada’s choice for payment processing and merchant services. Founded in 2001 by President, Michael Back, the company’s mission is to provide entrepreneurs and owners of small to medium-sized businesses with affordable, convenient and more customized alternatives to the debit and credit card processing services currently offered by major banks and other payment processors.

Collective P.O.S. serves more than 10,000 businesses across Canada, including retail stores, restaurants, hospitality providers, mobile services, e-commerce merchants, mail order/telephone order businesses, professional firms/clinics/practitioners, B2B product/service providers, tradespeople and many other industries.

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