Rahaxi, Inc.'s Finnish Subsidiary Rahaxi Processing Oy Completes a Major EMV Roll-out...

Rahaxi, Inc.'s Finnish Subsidiary Rahaxi Processing Oy Completes a Major EMV
Roll-out in the Finnish Market

Finnkino Oy, the Largest Movie Theatre Chain in Finland with sales of 94,3
Million EUR in 2008, chose Rahaxi to provide complete EMV certified payments
processing solutions...

HELSINKI, Finland, June 10 /PRNewswire-FirstCall/ -- Rahaxi, Inc. (OTC
Bulletin Board: RHXI), an international card payments processor and technology
company, today announced that its wholly owned subsidiary, Rahaxi Processing
Oy has completed a major EMV chip and pin roll-out in the Finnish Market,
delivering a fully EMV certified, end-to-end payment processing solution to
Finnkino Oy, the largest movie theatre chain in Finland. The roll-out
demonstrates the trend of continuing high demand for Rahaxi's international
standard payments processing products and services offering in the Finnish
market.

Paul Egan CEO of Rahaxi Inc. said: "This rollout demonstrates the level of
progress that Rahaxi has made in its overall EMV strategy for Finland and
Scandinavia as a whole. Our relationship with Finnkino Oy, a large blue chip
company further supports the view in the marketplace and payments industry,
that Rahaxi's payment solutions are indeed of the highest standards." Egan
added, "Furthermore we look forward to working more closely with the
Rautakirja Group in Finland for further planned rollouts which will lead to a
significant increase in revenues for Rahaxi."

About Finnkino Oy

Finnkino Oy operates the largest chain of cinemas in Finland. The company was
founded in September 1986 as a consortium of a total of 34 companies engaged
in film distribution and exhibition. Finnkino has been a part of the
Rautakirja Group since 1994. Finnkino currently operates 16 cinemas in eleven
cities in Finland. The 16 cinemas have a total of 94 screens. Alongside its
operations in the domestic market, Finnkino has subsidiaries in Latvia,
Lithuania and Estonia.

Finnkino is continuously developing its cinema services, both by building new
theatres and refurbishing existing ones. Finnkino's aim is to develop and
expand the cinema-going experience by offering a combination of quality films,
the very best in comfort and audio-visual technology, and a wide range of
ancillary services.

Rautakirja Movie Operations recorded net sales of EUR 94.3 million in 2008.
Movie Theatre Operations employed an average of 982 persons over the year,
with the great majority of these working in the chain of cinemas.

For more information, please visit
http://www.rautakirja.fi/index.cfm?pageid=240

About Rahaxi Inc.

Rahaxi Inc. provides mission-critical solutions to the financial industry
worldwide. Working with merchants and acquirers in more than twenty countries,
its product suite has empowered partners to focus on their core competencies,
while its innovative driven approach has enabled them to benefit from first to
market advantage and realize their true potential. Rahaxi Inc. has adopted a
partnership strategy for growth. Its partners are market leaders in their
respective industries. These include IKEA, Finnair and Stockmann. Its
subsidiaries, Rahaxi Processing Oy, Finland, FreeStar Technologies Ireland,
Ltd., and FreeStar Dominicana S.A. Dominican Republic, continue to develop and
implement first class products and solutions that enhance the service level
its partners can offer their customers.

For more information, please visit http://www.rahaxi.com

Contact
For more information, please contact:

At Rahaxi Inc.
Fionn Stakelum
f.stakelum@rahaxi.com

At Finnkino Oy
Mr. Janne Uusi-Kolli
Head of Development
Tel. +358-9-1311-9270

SOURCE Rahaxi, Inc.

Fionn Stakelum of Rahaxi Inc., f.stakelum@rahaxi.com; or Mr. Janne Uusi-Kolli,
Head of Development of Finnkino Oy, +358-9-1311-9270