Merchant Warehouse Named to Boston Business Journal's List of the Area's 100 Largest Private Companies

This recognition compliments a growing list of achievements the company has been honored with in 2010

 Boston, MA. — Oct. 26, 2010 -- Merchant Warehouse ®, a premier provider of merchant accounts and credit card processing solutions has been recognized as one of the area’s 100 largest private companies by the Boston Business Journal ., Merchant Warehouse has been named to the publication’s Pacesetters list, which recognizes the region’s fastest growing private companies, consecutively over the last three years; this is the first time the company has been named to the list of largest private companies. The honor recognizes the company’s significant growth over the last year, as compared to other privately held companies.

“We are very excited to be recognized by the Boston Business Journal with this honor,” said Henry Helgeson, co-CEO of Merchant Warehouse. “It is a testament to the hard work and dedication of our employees and our commitment to our customers, who make it possible for Merchant Warehouse to achieve milestones such as this. Our employees have helped us attain significant growth over the last few years during tough economic times and this recognition provides motivation and momentum as we move forward into 2011.”

In addition to the Pacesetters’ list, announced earlier this year, Merchant Warehouse has been named to the Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America in October. They have also been recognized by Inc . Magazine as one of the America’s fastest growing private companies, an exclusive ranking of the nation's fastest-growing private companies, for the third year in a row in September. Merchant Warehouse was ranked No. 1,772, up nearly 900 spots from the year previous.

About Merchant Warehouse
Since 1998, Merchant Warehouse has set the standard for credit card processing by guaranteeing competitive pricing in merchant accounts, software, equipment, and providing dedicated, high quality customer service. Over 80,000 merchants later, the company continues to lead the industry with groundbreaking technology initiatives: MerchantWARE®; BINsmart™; and MerchantWARE Mobile. Merchant Warehouse has been named the ETA 2009 ISO of the Year, Business Solutions’ Best Channel Vendor for 2009 and is a two-time recipient of the Boston Business Journal Pacesetter Award . Merchant Warehouse co-CEO, Henry Helgeson, was also named Ernst & Young Entrepreneur of the Year 2009 for New England. The company is committed to community and charitable involvement. For more information, please visit merchantwarehouse.com or follow us on Twitter at http://twitter.com/MWarehouse .

Contacts:
Mike Sullivan/Emily Held
PAN Communications
978.474.1900
merchant@pancomm.com