President of Boston-Based Merchant Accounts Firm Recognized as Rising Boston Entrepreneur

The Boston Business Journal today announced that Merchant Warehouse President, Henry Helgeson, was selected as a recipient of its 40 Under 40 honorees for 2006. Currently in its ninth year, the award recognizes Greater Boston’s 40 top emerging business leaders under the age of 40.

Merchant Warehouse has been serving customers since 1997 and was the first company to offer merchant accounts services over the Internet. Around 14,000 merchants each year choose Merchant Warehouse because of the company’s credibility, its professional and knowledgeable staff, and a strong dedication to customer service through a trained and knowledgeable sales team and dedicated technical support. “I am truly honored to have been selected as a recipient of this year’s 40 Under 40 Award”, said Helgeson. “I truly consider this to be recognition of the work of the entire organization. We all are very excited to be acknowledged within the city and look forward to expanding even further across the nation as the premier merchant accounts provider.”

Henry was selected from nearly 300 nominations because of his entrepreneurial spirit, helping to create an organization that has since become a leader in the credit card processing industry.

“Each year, the selection process gets tougher as the quality of the nominations climb,” said George Donnelly, editor of the BBJ. “It’s a humbling experience to review the nominations,” said Donnelly. “Our goal is to choose a 40 Under 40 class that highlights individual achievement and also represents the breadth and promise of the local economy.”

Henry and the team at Merchant Warehouse look forward to continuing to find new and creative ways to offer businesses the lowest cost and best service anywhere on credit card processing and credit card machines.

About Merchant Warehouse and MerchantWARE

Merchant Warehouse was founded in 1998 on the principle that businesses should be able to purchase credit card processing software, POS equipment, and merchant services at a reasonable price. With over 35,000 merchants, Merchant Warehouse now sets the standard for price, innovation, customer service, and integrity. MerchantWARE by Merchant Warehouse was developed to provide POS developers with a reliable credit card authorization system which easily integrates into most POS software solutions, reducing transaction times by as much as 80%. For more information, please visit MerchantWarehouse.com and http://www.merchantwaresolutions.com/.

About Aldelo Systems Inc.

Aldelo Systems Inc. is the industry leader in providing low cost, feature rich and easy to use restaurant POS software solutions for the hospitality industry. Aldelo Systems Inc. has over 20,000 installations and over 400 value added resellers around the world. For more information, please visit http://www.aldelo.com.

Media Contacts

Brian Waldman, Vice President of Marketing and Strategy
Merchant Warehouse
2 International Place 4th Floor
Boston, MA 02110
(617) 854-8910

William Burningham
Aldelo System
(209) 533-3711 x8776