VANCOUVER, BRITISH COLUMBIA (www.e-xact.com), a leading provider of advanced payment gateway solutions, is pleased to announce its participation in the RailsConf 2008.

"Through keynotes, sessions, tutorials, panels, and events, RailsConf is an interactive meeting ground for the most innovative and successful Rails experts and companies. The conference provides attendees with examples of business models, development paradigms, and design strategies to enable mainstream businesses and new arrivals to the Web and Rails to take advantage of this new generation of services and opportunities." - (About RailsConf 2008)

E-xact's Realtime Payment Manager is built entirely on this open source technology and will have a lot to share about being one of the largest Rails-powered financial services developers in the world.

"We knew the move to Rails and having it run our mission critical processing was the right choice. E-xact's strong development leadership has delivered a fantastic payment service with a 50% smaller code base and better security than its .NET predecessor. Now E-xact is able to meet our customers with solutions and services they need, faster than anyone else in the industry," says Peter Fahlman, President of E-xact.

At RailsConf2008, E-xact will have a booth, giveaways, and resident expert Emil Marceta will be presenting a keynote address. E-xact's presence as a silver sponsor will be an integral part of the conference that takes place May 29 - June 1, 2008 in Portland, Oregon.

Peter Fahlman, President

About E-xact Transactions Ltd.

E-xact is a fully PCI compliant provider of fast and secure online transaction solutions. Since 1998, we have been at the forefront of the emerging world of online exchange, with solid and secure transaction processing systems and superb customer service. E-xact specializes in real-time, secure movement of financial information through IP-based point of sale interfaces, providing quick, easy and affordable transaction solutions for merchants and corporate businesses.

The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. E-xact Transactions Ltd.'s actual results could differ materially from those expressed or implied by such forward-looking statement. Factors that could cause or contribute to such differences include but are not limited to competition, general economic conditions, currency fluctuations and other risks detailed in the Company's filings with the Canadian securities regulatory authorities.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: E-xact Transactions Ltd. Rebecca Bollwitt Media Specialist (604) 691-1670 x 130 Email: rbollwitt@e-xact.com Website: http://e-xact.com

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