Continovation Services Inc - August 4th 2005 Press Release

August, 2005

Continovation Services Inc. (CSI) and Chase Paymentech Solutions establish strategic alliance for healthcare industry

OTTAWA, Ontario, August 4, 2005 - CSI and Chase Paymentech Solutions have entered into a strategic business relationship to provide CSI's health care practitioner clients with exceptional electronic payment solutions and services. Paymentech will provide VISA, MasterCard and Interac Direct payment processing to CSI's ITRANS enabled customers who are eligible for the program.

"As a premier North American payment processor, Paymentech's products and customer service are a strategic complement to our innovative ITRANS offering", stated Brenda Naylor, President of CSI. "Our current and future ITRANS customers who are eligible for the program will benefit from highly competitive preferred payment rates for their healthcare practices".

"The combination of CSI's ITRANS enabling product suite with Paymentech's payment processing solutions delivers exceptional value to healthcare industry practices", said Drew Brown, President, Chase Paymentech Solutions.

CSI is making the credit/debit card services available to ITRANS users in this 3rd quarter of 2005.

About Continovation Services Inc. (CSI)

CSI's goal is to help health care practitioners achieve industry "Best Practices". Our highly secure ITRANS product suite empowers our customers with innovative electronic transaction (e-claims) and messaging services related to industry transactions with all health care provider offices, insurance carriers, software vendors, networks and other health industry businesses. For more information please refer to www.continovation.com or call 1-866-788-1212 from 7:00 am to 9:00 pm EST Monday to Friday.

About Chase Paymentech Solutions

Chase Paymentech Solutions offers a full suite of advanced payment solutions, from point-of-sale and wireless terminals, to secure e-commerce capabilities, to powerful reporting and fraud management tools. The company is headquartered in Toronto and is an affiliate of Paymentech, L.P., North America's premier payment processor. In 2004, the Paymentech companies processed 8.5 billion transactions and $200 billion (U.S.) in bankcard volume in 14 currencies. For more information on Paymentech's products and services, please call 1-877-552-5533 or visit www.paymentech.ca
For further information:
Continovation Services Inc.
www.continovation.com
1-866-788-1212

Drew Brown
Chase Paymentech Solutions
(416) 940-6311