Datex announces agreement with Travelex

Mississauga, ON – December 18th, 2007

Datex Billing Services Inc. (“Datex”) announced today that its management services division has renewed its agreement with Travelex to provide telecom management services.

“Datex is excited to announce this partnership with Travelex. As telecom suppliers continue to offer complex products and services, clients like Travelex rely on us to manage those services, and their associated costs” said Henry Dortmans, President of Datex Management Services. “We will continue to expand our suite of telecom expense management resources and cost validation tools to keep up with the ever changing business telecom environment”.

About Datex

Datex (www.datex.ca) is a leading hosted application service provider of Customer Management and Billing solutions and Telecom Expense Management solutions, in a variety of divergent vertical markets. Using its proprietary Customer Lifestyle Management (CLM) process, Datex has successfully managed and maintained the customer care and billing infrastructure for more than 60 companies spanning three decades. Datex Management Services provides telecom management services, advisory services, and web-based tools and reports. The Datex team solves the financial, logistical and technological challenges of customer-focused organizations.

About Travelex

Travelex is the world’s foreign exchange and business payments specialist. The group is also one of the world’s leading providers of outsourced travel money to banks, travel agencies and other financial institutions. The Group operates through its subsidiaries and branches in four regions: the United Kingdom; Europe, Middle East and Africa (EMEA); Americas and Asia Pacific. The Group’s activities are organized into three divisions: Travelex Global Business Payments, Retail and Outsourcing.