FNDS3000 Corp Press Release 9/5/2007

Press Release

FundsTech Corp Announces New Strategic Partner in Worldwide Prepaid Debit Card Space

ProCard Technologies expects 800,000 cards issued over next 18 months

Ponte Vedra Beach, FL September 5, 2007 /PRNewswire-FirstCall/
FundsTech Corp (NASDAQ OTC (FNDS), (Frankfurt “FT4’, A0MWLG) announced today that it has signed an agreement with its second Strategic Partner in South Africa called ProCard Technologies which will provide a prepaid debit card solution to its customers.

Victoria Vaksman, Executive Vice President of Europe, Middle East and Africa for FundsTech Corp stated: “We welcome ProCard to our base of Worldwide Strategic Partners. We expect ProCard to aggressively market our prepaid card solutions to the unbanked and under banked population in Africa and Middle East. ProCard will be promoting our prepaid payroll card, gift card, health card and some other tailor-made solutions through their customer base. We believe that ProCard will help us to increase substantially our penetration into strategically important markets and create a significant value for us and our shareholders by generating recurring, long term, residual revenue streams.

David Fann, President of FundsTech stated:” With ProCard joining our network of strategic partners we have increased our backlog of prepaid cards in South Africa to over 1,100,000 cards. When you add this to our recent announcements in the United States and pending expansion into Europe, 2008 should be a break out year for FundsTech. The industry average for prepaid payroll cards is $12.00 per month per card. We are very excited about adding ProCard Technologies to our rapidly expanding strategic partner list.

MC du Toit, CEO of ProCard said, "We view the South African market as a key geographic area from which to launch FundsTech’s prepaid card solutions. There are more than 13 million unbanked individuals in South Africa alone. We estimate that we will have 800,000 cards being utilized by our customers within the next 18 months.”

About FundsTech Corp

FundsTech Corp is a financial services company that provides prepaid debit cards to the over 1 Billion working population worldwide who do not have a bank account. This market is estimated at over $100 Billion on an annual basis. The FundsTech Cash Card allows the employer to replace payroll checks for their un-banked workers. In addition it allows employers to use the FundsTech Cash Card where they now have to pay their employees in cash, which is estimated to be over 50% of the worldwide working population. The FundsTech Cash Card also allows for the domestic and international transfer of money (replaces Western Union) which is also a market estimated to be over $100 Billion annually. The FundsTech Cash Card can be used anywhere in the world that accepts MasterCard or Visa. Other services include Gift cards, bill pay, prepaid cellular, etc.

About ProCard Technologies:

ProCard Technologies was formed by MC du Toit, Bruce Milne (both Chartered Accountants) and Tobie de Klerk especially to focus on prepaid cards solutions for the African and Middle East market. The founders of ProCard have extensive knowledge of the cash and financial services industries in South Africa. For the past six years Mr du Toit was the CEO of Coin Security Group which is the second largest Cash-in-Transit (armoured car) company in South Africa where he dealt with both cash intensive businesses and financial institutions. Mr. Milne was the Financial director of Coin Security Group where he worked closely with customers and bankers seeking simpler and more efficient methods of dealing with cash. After a career in electronic banking and cash management for financial institutions, where he gained extensive knowledge and experience in the ATM, Self-Service and Point-of Sale channels, Mr. De Klerk joined Coin Security Group and was the Managing Director of one of the Group’s subsidiary company’s which specialized in cash and transaction processing through electronic cash acceptance terminals.

Company Contact

MC du Toit - CEO
Mobile: +27 82 631 0169
Telephone: +27 12 348 7217
Postal Address: PO Box 73 121, LYNNWOOD RIDGE, 0040, PRETORIA, SOUTH AFRICA
e-mail: mcdutoit@ricl.co.za

Company Contact:
David Fann
President
904-273-3968
dfann@fundstech.com
www.fundstechcorp.com

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 limited to, the time frame for production of revenue, product development and commercial introduction, the impact of rapid price and technological change and competition, manufacturing and supply uncertainties and other risks as may be detailed from time to time in the Company's periodic reports filed with the Securities & Exchange Commission.