Vindicia Extends CashBox™ Billing System with
Merchant e-Solutions, an Industry Leading Payment Processor

Custom Builders USA to be First Merchant to Leverage Fully Integrated
Solution

REDWOOD CITY, CA. – March 10, 2009 – Vindicia, a leading provider of on-demand payment management software, today announced that it has integrated its on-demand CashBox billing system with Merchant e-Solutions’ (MeS) leading e-Commerce payment platform. In conjunction with the Merchant Risk Council Annual Conference in Las Vegas, Vindicia and Merchant e-Solutions are also announcing that Custom Builders USA (CB/USA) has selected the integrated solution to meet its subscription billing requirements.

The joint offering from Vindicia and MeS will provide online merchants with secure, cost-effective payment processing, optimized subscription and one-time billing. Capabilities include:

• Processing in more than 150 global currencies and payment types including credit and debit cards
• Real-time, web-based reporting, and consolidated reporting across domestic and international transactions for easy reconciliation
• Optimized subscription management to drive customer retention
• Automated chargeback management to reduce losses and enhance overall efficiency

CB/USA has built the industry’s strongest network of custom and independent builders –representing more than 2,500 annual housing projects and nearly $2 billion in annual sales. The organization works with its builders and vendor partners through a web-based purchasing platform to reduce the cost of materials and labor in the homes they build. CB/USA also provides members with a forum for the sharing of best practices and critical industry knowledge. CB/USA will use Vindicia CashBox and MeS’ advanced payment solutions to support its membership billing needs across its nationwide builder community.

“As the industry’s strongest network of custom and independent builders, our ability to meet the needs of our members with the highest level of service is very much dependant on the infrastructure upon which our network exists,” said Bill Smithers, CEO of CB/USA. “We selected Vindicia and Merchant e-Solutions for their proven technology and industry track record and we’re confident that CashBox will enable us to empower our community of builders and vendors with a vital tool for success. CashBox has allowed our network to take a major step forward in the development of a true e-commerce platform and is a critical component in the delivery of our services, including products, pricing, technology and mindshare.”

“Online merchants need next-generation billing solutions that are rich, secure and comprehensive but easy to implement and manage,” said Sharif Bayyari, CEO, Merchant e-Solutions. “Vindicia’s proven billing application combined with Merchant e-Solutions’ unparalleled processing and complete web-based reporting capabilities greatly simplifies the billing and payments process for online merchants.”

“We share Merchant e-Solutions’ commitment to ensuring online merchants benefit from the most innovative, comprehensive billing management solutions,” said Gene Hoffman, Chairman and CEO of Vindicia. “To remain competitive in today’s online commerce landscape, merchants must leverage scalable, secure billing solutions that put the customer first, while seamlessly supporting growth in both volume and complexity.”

About Merchant e-Solutions
Merchant e-Solutions (MeS), founded in 1999, provides Internet-based payment processing solutions for merchants and banks. Merchant e-Solutions currently processes more than $14 billion dollars in payments for more than 65,000 merchants, supporting 150 global currencies and all major credit, debit and alternative payment solutions. The company specializes in services for e-commerce and card-not-present merchants and provides a comprehensive suite of payment solutions that are PCI compliant and designed to reduce merchant risk exposure. Merchant e-Solutions is headquartered in Redwood City, CA, with operations in Spokane, WA, and satellite offices in Minneapolis, MN, and Columbus, GA. For more information, go to http://www.merchante-solutions.com.

About Vindicia
Vindicia offers an integrated, on-demand billing and fraud management solution for online merchants. Vindicia CashBox is a best-of-breed billing system for creating and managing recurring and real-time payments and helps merchants improve customer retention and maximize profit. Vindicia ChargeGuard provides automated fraud screening and chargeback management services that enable merchants to recover lost revenue. A PCI Service Provider Level 1 and SAS 70 Type II audited company, Vindicia is a key payment management resource for some of the best-known brands on the Internet. For more information, visit www.vindicia.com.