26.04.2005 13:06:00

FastFunds Financial Announces Hiring of New Executive Vice President o

FastFunds Financial Announces Hiring of New Executive Vice President of Sales and Marketing


    Business Editors/Financial Editors

    MINNEAPOLIS--(BUSINESS WIRE)--April 26, 2005--FastFunds Financial Corporation (OTCBB: FFFC) ("FastFunds" or the "Company") a provider of comprehensive cash access services under the trademarked name FastFunds to gaming facilities, retail locations and corporations, announced today the hiring of John F. "Jack" Kocienski as the Company's Executive Vice President of Sales and Marketing.
    Mr. Kocienski has nearly thirty years experience in sales, management and training with significant experience in providing cash access to the gaming industry. Mr. Kocienski will oversee all aspects of the Company's sales operations including supervision of the FastFunds' sales team.
    "We are very excited to have someone of Jack's caliber and experience lead our sales team," stated FastFunds Chief Operating Officer Ijaz Anwar. "Not only does he possess an impressive resume of sales experience over a nearly thirty-year career, but very recently, Jack has been directly involved in sales and marketing at senior management levels within our industry. We believe he will be a valuable addition to our Company."
    "I am enthusiastic and welcome the opportunity to lead the FastFunds sales team," said Mr. Kocienski. "FastFunds has been in the cash access business for the past fourteen years and my experience in this industry will complement their sales objectives with respect to their newly developed proprietary cash access products. I look forward to guiding and assisting the sales team in achieving their goals."

    FastFunds Financial Corporation is a holding company operating through its wholly owned subsidiaries, Chex Services, Inc. of Minnetonka, Minnesota, and FastFunds International, Inc. based in London, England. Chex Services provides comprehensive cash access services to casinos and other gaming facilities under the trademarked name FastFunds. The Company specializes in, and is the industry leader for, full booth operations to Native American casinos and has developed a suite of cash access products for use in the traditional gaming and retail markets. Chex Services' website is located at www.fastfundsonline.com. The Company is majority owned by Equitex, Inc. (Nasdaq: EQTX), a holding company based in Englewood, Colorado.

    Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the Company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.

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CONTACT: FastFunds Financial Corporation Ijaz Anwar, 952-541-0455

KEYWORD: COLORADO MINNESOTA UNITED KINGDOM INTERNATIONAL EUROPE INDUSTRY KEYWORD: BANKING GAMING MANAGEMENT CHANGES SOURCE: FastFunds Financial Corporation

Copyright Business Wire 2005

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