FAST TRANSACT Takes 1st Place for Fastest Growing Company in Washington Puget Sound Area
Released on = December 7, 2006, 12:51 pm
Press Release Author = Kathy CharLee / Fast Transact, Inc.
Industry = Financial
Press Release Summary = OLYMPIA, Wash, December 2006 - Fast Transact, Inc., a leader in merchant services and nationwide payment processing, was awarded First Place for the "2006 Fastest Growing Companies" of Western Washington's Puget Sound area. The company is responsible for processing about $500 million in credit card sales volume annually.
Press Release Body = Moss Adams, the 12th largest accounting and consulting firm in the United States, partnered with the Business Examiner of South Puget Sound in ranking the top 10 finalists in the region ((Pierce, South King, Thurston, Mason and Lewis Counties). The annual event recognizes outstanding businesses for their success and growth (based on gross revenues and wage expense). The Awards Presentation and VIP Reception for the finalist companies took place on December 6 in Tacoma, Washington.
"This is a dynamic time for both the electronic credit card and check acceptance industry and integrated secure online processing technologies," said Fast Transact, Inc. CEO, David Solomon. "FAST TRANSACT has seen a 325% growth in revenue for fiscal years 2003 through 2005 and it's an honor to be recognized in the Fastest Growing Companies awards program. Our core business is payment processing and we expect our growth to continue at this rate for at least another 2-3 years."
"We attribute our strong growth to a business model based on vertical market specialization and expertise in merchant services and online payment processing," stated Anna Solomon, President of Fast Transact, Inc. "This award is an achievement not just for us personally but as a tribute to our employees for their contributions as well."
In closing, David Solomon added, "Our staff and management team take pride in their work. We are dedicated to developing a safer, secure processing environment for today's business owners and providing merchant solutions needed for tomorrow. Most importantly, we never lose sight of the fact that we owe our success to our customers -- past, present, and future."
About Fast Transact, Inc. Founded in 1995, and privately owned and operated, Fast Transact, Inc. is a registered ISO/MSP (Merchant Service Provider) of Bank of America and JPMorgan Chase Bank. FAST TRANSACT provides nationwide retail and Internet merchant service accounts, integrated payment gateways for processing credit cards and debit bankcards, ACH check services, affiliate partnership programs, and gift card / loyalty card programs. FAST TRANSACT is a registered trademark of Fast Transact, Inc. For more information, visit www.fasttransactonline.com
Contact Information: David Solomon, CEO - Fast Transact, Inc. - 360.357.1400 or 800.687.8505
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Web Site = http://www.fasttransactonline.com
Contact Details = CONTACT: Kathy CharLee Fast Transact, Inc. Toll Free: 800.687.8505 Fax: 360.357.1425 kathyc@fasttransact.com www.FastTransactOnline.com