Asia PR News

VICTORIA, June 29 /CNW-AsiaNet/ –

Jason Mugford, Vice President, Global Business Development is delighted to
announce that Custom House has won the 2005 Vancouver Island Technology Center
(VIATeC) product of the year award for VISTA, the company’s online foreign
exchange payment system.

"VISTA is an online, international payment solution that offers our clients
in seven countries the power to get real-time foreign exchange quotes, order
foreign currency drafts and wires 24-7 and automate their company’s specific
authorization procedures," said Mugford. "VISTA can also integrate seamlessly
with a client’s existing accounting software, allowing them to quickly make
multiple payments in multiple currencies."

Receiving the award, Dr. Eugene Nizker, Chief Information Officer for
Custom House said "VISTA is a world-class solution for online foreign currency
payments that is revolutionizing the way businesses handle international
payments. VISTA has a user interface that is easy to master. We have some 800
international clients now using the VISTA software and we are able to save them
time and money on their foreign exchange transactions."

Custom House Global Foreign Exchange handles more than US $10 billion in
transactions annually for 45,000 clients in Australia, Canada, Italy, New
Zealand, Singapore, the United Kingdom and the United States. The company
recently opened its 83rd international branch in Singapore. Custom House
provides currency exchange solutions to pay foreign invoices and exchange
foreign receivables. The company offers foreign exchange currency drafts,
international wires, forward contracts, a foreign exchange rate watch service,
world market updates and transactions through its online platform for
importers, exporters and financial institutions.

Custom House’s Web site is www.customhouse.com Now you’re Playing with the
Big Boys.

‘CUSTOM HOUSE IS A PROUD SPONSOR OF CANADA’S NATIONAL RUGBY TEAMS
AND A PREMIER PARTNER OF THE PGA TOUR.’

SOURCE: Custom House Global Foreign Exchange

CONTACT: Don Fenton,
Director,
Communications,
Int’l Mobile: (416) 434-3681