Rahaxi, Inc.'s Subsidiary Rahaxi Processing Oy Reports Major Milestone in Terminals...

Rahaxi, Inc.'s Subsidiary Rahaxi Processing Oy Reports Major Milestone in
Terminals Connected in Finland
Rahaxi surpasses 10,000 terminal connections in Finnish market

HELSINKI, July 10 /PRNewswire-FirstCall/ -- Rahaxi, Inc. (OTC Bulletin Board:
RHXI), an international card payments processor and technology company, today
announced that its Helsinki subsidiary, Rahaxi Processing Oy, has reached a
major milestone. As a result of increased hardware sales and its improved
market share in recent months, Rahaxi Processing Oy has now surpassed the
10,000 mark for terminals connected to its payment processing platform.

Fionn Stakelum MD of Rahaxi noted, "This landmark figure is testament to the
emphasis Rahaxi places on quality, compliance and future proof payments
solutions. The importance of consistently delivering market-ready solutions is
critical to Rahaxi's overall sales strategy and we believe it will lead to
increase market share." Stakelum continued, "After a long and sometimes
arduous incubation period, Rahaxi is now delivering to its core market in
Finland a very consistent and relevant product portfolio and we look forward
to potential significant increases in revenues over the coming months and
years ahead."

Paul Egan CEO of Rahaxi, Inc. observed, "Surpassing the 10,000 mark in Finland
is a testament to the success of Rahaxi's products and technologies going
forward, as Rahaxi opens its true potential of becoming a major player in the
European arena. This significant milestone has enabled Rahaxi to look forward
with confidence to the future. We believe our strategy of focusing on
recurring revenue products is now reaping dividend." Egan continued, "With our
expansion across the Finnish market and the ever increasing demand for our
products and services the name Rahaxi has become synonymous in the payments
industry in Finland and the rest of Europe."

About Rahaxi Incorporation

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
Tel: (09) 612 0730

SOURCE Rahaxi, Inc.

Fionn Stakelum of Rahaxi, Inc., (09) 612 0730, f.stakelum@rahaxi.com