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June 01, 2004


MICHAEL GILHESPY JOINS ERNEX
AS REGIONAL SALES DIRECTOR


VANCOUVER, June 2, 2004 - Ernex, a division of Moneris Solutions Corporation ("Ernex") and an industry leader in real-time loyalty and stored-value gift card programs, today announced that Michael Gilhespy has joined the organization as Regional Sales Director.

Gilhespy is a veteran of the loyalty and gift card industry, with more than four years experience. Previously, he was Director of Business Development with Stored-Value Systems, and prior to that held positions in sales and marketing with a focus on the retail industry. A native of Oakville, Ontario, Gilhespy will be based in the Toronto head office of Moneris Solutions.

"I am very excited to be joining Ernex, as it offers creative solutions for North American retailers looking to introduce real-time loyalty and gift card programs," said Gilhespy. "Ernex has a strong suite of products and services that positions it well in this very competitive sector."

"Michael's arrival sends a clear message that Ernex is serious about being a leading player in the loyalty and stored-value card industry," said Malcolm Fowler, Vice President & General Manager, Ernex. "His background and understanding of the business are ideal to deliver Ernex's real-time loyalty and gift card programs to merchants. His experience will help put Ernex at the forefront of the North American loyalty and gift card industry."

About Ernex
Ernex is a provider of innovative real-time marketing solutions including privately branded and multi-merchant loyalty programs, stored-value gift cards, reward fulfillment services and loyalty database hosting services. Leading companies in the financial, retail, restaurant and hospitality industries as well as large membership organizations use Ernex solutions. For more information, contact Ernex at 877-GO-ERNEX or visit www.ernex.com.

About Moneris Solutions Corporation
As Canada's largest provider of payment processing solutions for merchants, Moneris offers credit and debit card payment services for virtually every industry segment. Through its Ernex division, Moneris offers leading-edge electronic loyalty and gift card programs. With more than 350,000 merchant locations, Moneris works with a range of business partners to provide the hardware, software and systems needed to improve business efficiency and manage point-of-sale information. Moneris employs over 1,100 people at its head office in Toronto as well as at offices in Chicago, Montréal, Vancouver and Sackville. For more information please visit www.moneris.com.


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For more information, please contact:
Public Relations Manager
Ernex
604-415-1500
pr@ernex.com

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