Global Payments Company achieves Platinum Status from Canada's Best Managed program for second year by focusing on core competencies

VICTORIA, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2008) - Concentration on what it does best has landed global payments company Custom House Ltd., on the list of Canada's 50 Best Managed Companies for the eighth year in a row.

Custom House offers extensive international payment solutions using market-leading technology, and continues to grow by focusing its business on the impacts of the fluctuating global foreign exchange market, guiding clients on risk management strategies and providing comprehensive payment solutions that impact revenue growth, especially in a global economy.

"Concentration on our core competencies is one of the criteria for being named one of Canada's 50 Best Managed Companies. We are proud to work with our clients to deliver value added payment solutions that affect their bottom line," said Peter Ciceri, President, Custom House Ltd. "As the pressures of the unsettled market persist, we continue to build our resources and offerings to maximize our customer's profit margins and strengthen their risk management strategies."

Custom House retains its Platinum Club member status by achieving a Canada's 50 Best Managed Company award for eight consecutive years. This national award is sponsored by Deloitte and Touche and recognizes companies that operate at the highest level of business performance.

"I want to congratulate Custom House on becoming a Platinum Club member. This designation exemplifies consistency, commitment and the ability to be flexible in a changing marketplace. These qualities are what make Custom House such a great business success story and one of Canada's 50 Best Managed Companies," said John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program.