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Home Hardware Stores Limited signs multi-year partnership with Ernex

March 5, 2008 - Home Hardware Stores Limited announced today that it has entered into a multi-year gift card arrangement with Ernex, a division of Moneris Solutions Corporation. The gift card solution is available at more than 1,000 Home Hardware stores nationwide. Home Hardware's entire electronic card processing solution including debit, credit, loyalty and gift cards is now provided by Moneris Solutions Corporation.

"This solution simplifies operations, allows our Dealers to achieve economies of scale, and provides us with a single source of support for all of our card processing needs," commented Bill Ferguson, Director of Dealer Support for Home Hardware Stores Limited.

Malcolm Fowler, Senior Vice President & General Manager of Ernex, said "We are extremely pleased to add Home Hardware, Canada's largest independent home improvement retailer, to our growing list of gift card customers. The continuing growth in popularity of gift cards makes them an important marketing tool for retailers. We ensure that businesses like Home Hardware can focus on sales and marketing in their stores by consolidating world-class payment, gift, and loyalty-related services in one easy-to-use Moneris solution."

The Ernex solution replaces an existing provider's gift card system at Home Hardware. New Home Hardware gift cards are reloadable, have no expiry and are available throughout Home Hardware's Dealer network.

About Home Hardware
Home Hardware Stores Limited is Canada's largest independent hardware, lumber and building materials and furniture retailer with more than 1,000 stores across Canada, under the Home Hardware, Home Building Centre, Home Hardware Building Centre and Home Furniture banners. Dealers have access to 100,000 quality brand name and private label products and the company has annual retail sales of $4.8 billion. The cooperative was founded on January 1, 1964 by 128 independent hardware Dealers. To find out more about Home Hardware Stores Limited, visit www.homehardware.ca.

About Ernex
Ernex, a division of Moneris Solutions Corporation, 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 about Ernex, visit www.ernex.com.

About Moneris Solutions Corporation
As one of North America's largest providers of payment processing solutions, Moneris offers credit, debit, wireless and online payment services for merchants in virtually every industry segment. Through its Ernex division, Moneris also provides electronic loyalty and stored-value card programs. With more than 350,000 merchant locations generating close to three billion payment card transactions annually, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.

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