The Fastest Growing New Entrant Business in NZ

Ezi-Pay Ltd - The Fastest Growing New Entrant Business In New Zealand.

Ezi-Pay Ltd. was bestowed two Golds and a Silver at last night’s Deloitte/Unlimited Fast50 Awards.

Auckland, 1st November 2007 –

At locations around New Zealand last night, the Deloitte/Unlimited Fast 50 announced, Ezi-Pay Ltd. as the ‘fastest growing new entrant’, the ‘fastest growing wholesale, retail, distribution or transport business’ and the silver medal in the overall fastest growing company in New Zealand.

The Fast 50 recognises the 50 companies with the fastest revenue growth within New Zealand. Ezi-Pay Ltd.’s second placing with revenue in excess of $150 million and growth of 2,691% was just 50 points behind the winner, Energy Mad at 2746%.

The Deloitte/Unlimited Fast 50 award now puts Ezi-Pay Ltd. in the same league as past years’ winners, HRV, 42 Below Ltd., Trade Me Ltd and this year’s winner, Energy Mad.

Ezi-Pay Ltd. CEO, Dave Spicer says “We are absolutely thrilled by the Fast 50 recognition of Ezi-Pay, this is a true indication of all the hard work our team has put in over the years and really reflects the value of the virtual retail channel. And we have only just begun!”

Ezi-Pay Ltd. is the leading force in New Zealand’s virtual retail channel, developing new products and services to meet the burgeoning demand within this new channel. Established in 2003, Ezi-Pay Ltd. provides a risk-free sales method to retailers of calling card and mobile top up services. The service requires no pre-purchase and diminishes the threat of theft, overstocking or running short of stock and compromising retailers’ cash flow.

Ezi-Pay Ltd. haven’t rested, driving their growth by expanding services to thousands of outlets throughout New Zealand, and developing new and innovative products and services via virtual channels. At present Ezi-Pay Ltd. offer the largest range of international and domestic calling cards, mobile top ups for Telecom, Boost and Vodafone prepaid services and are set to release The Gift Station™ nationwide later this month.

The Gift Station will offer branded gift cards from New Zealand’s top retailers and will be available in New World, Pak ‘n Save, Paper Plus, Take Note and Life Pharmacy outlets nationwide.

The Deloitte/Unlimited Fast 50 is open to all public and private businesses that have been in business for a minimum of three years, have NZ registered operations and had operating revenues of at least $250,000 in 2004/05 and at least $500,000 in the last financial year.

Ezi-Pay is 100% New Zealand owned and operated and is part of the Compass Group. Ezi-Pay was established in 2003 to provide a risk-free method of retailing calling card products and has grown in to NZ's leading virtual retail provider. Ezi-Pay offers the largest range of international and domestic calling cards, mobile top ups, and Gift Station (a new Gift Card product launching in November).

Ezi-Pay retailers range from owner-operator stores to New World, Pak 'n Save, Four Square, On the Spot, Paper Plus, Take Note and Books and More. Recognised by its standing in the Deloitte Unlimited Fast 50, Ezi Pay is expanding and developing the virtual retail channel at a phenomenal rate. For more information visit www.ezipay.co.nz.

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