Fleet One(R) and TransCard Announce Partnership for Payroll Distribution

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Fleet One, LLC announced today that it has signed an agreement with TransCard to be the processor of its new driver settlement card.

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Having a quality partner with a quality platform and expertise in electronic processing of personal funds is vital for Fleet One and its clients

    Fleet One has entered into a multi-year contract with Chattanooga, TN based TransCard to issue a Fleet One branded card that will be carried by fleet drivers. Fleet owners and operators can instantly issue cards to drivers, allowing drivers to then manage their personal funds, and the process integrates seamlessly into the employer's existing direct deposit process.

"Having a quality partner with a quality platform and expertise in electronic processing of personal funds is vital for Fleet One and its clients," says Tom Wagner, Fleet One's Vice President of Strategic Markets. "Partnering with Fleet One allows us to gain market share by offering the program to thousands of fleet customers currently using the Fleet One fuel cards and significantly expands our distribution," says Craig Fuller, TransCard's President and CEO.

About Fleet One, L.L.C.

Fleet One(R) provides financial service solutions to companies with fleets of vehicles, and the merchants that serve them. Fleet One is an affiliate of SunTrust Banks, Inc., one of the nation's largest commercial banking organizations. Fleet One delivers private label fuel card programs, electronic payment authorizations and billing and financial settlement to its nationwide customer base. Fleet One also offers Fleet One Local and Fleet One Over The Road fuel card programs for businesses with company vehicles.

About TransCard

Transcard is the premier industry leader in electronic transaction processing services both domestically and internationally. Transcard offers electronic funds transfer services, including direct-to-card payroll technology, electronic fuel and transaction processing, and global money remittance and payment services. The company focuses on the direct-selling, staffing, transportation, and service industries, and provides electronic processing services specifically tailored to the trucking and payroll card industries. Transcard processes nearly $1.2 Billion dollars in electronic transactions per year. Transcard was featured as a "10 to Watch" by Intele-Card News for 2008. Please visit http://www.transcard.com for additional information.

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Craig Fuller
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