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EML PAYMENTS LIMITED Capital/Financing Update 2012

Mar 26, 2012

64847_rns_2012-03-26_e1ecec54-1996-4d20-912e-5277cb07c150.pdf

Capital/Financing Update

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27 March 2012

ASX Market Announcements Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

EMERCHANTS SIGNS NEW CUSTOMER AGREEMENT

Adept Solutions Limited (ASX: AAO ) is pleased to announce that Emerchants Ltd ( Emerchants ) has secured a new contract with a leading Australian taxi organisation.

Under the terms of the contract, Emerchants will issue reloadable cards over the next 12 months to the client making them Emerchants’ second largest customer using MasterCard debit.

The customer manages EFTPOS terminals for taxi drivers and it is using Emerchants’ generic reloadable debit cards as part of the development of its payroll system.

Discussions between the parties are ongoing regarding further integration of the customer’s systems with Emerchants’ card management system and the possibility of a branded MasterCard solution for the taxi organisation in the future.

Adept Solutions Managing Director, Mr Bob Browning, commented, “We are particularly pleased with the expansion of the Emerchants portfolio. The diversity of industries within which these clients operate and the varied uses for which our cards are being configured is a testament to the flexibility and effectiveness of Emerchants’ systems.”

-ENDS-

For more information, please contact:

Bob Browning

Managing Director Adept Solutions Ph: +61 (0)8 6143 2050

About Adept Solutions Limited

Adept Solutions is led by Managing Director Bob Browning, and is a financial services company that specialises in the pre-paid financial card market. Adept Solutions is focused on the twin goal of delivering high quality payment systems to its customers and superior returns to its shareholders.

Adept Solutions Ltd ABN 93 104 757 904

Suite A11, First Floor, 435 Roberts Road, Subiaco WA 6008 Ph: +61 8 6143 2050 | Fx: +61 8 9381 5536

www.adeptsolutions.com.au | [email protected]