First of Omaha Merchant Processing and PreNet Corporation Celebrate 1,000th Merchant to Utilize PreCash Express Terminal.

Business Editors

OMAHA, Neb.--(BUSINESS WIRE)--Dec. 28, 2001

First of Omaha Merchant Processing, a wholly-owned subsidiary of First National Bank of Omaha and one of the nation's leading credit card acquirers, and PreNet Corporation, a leading provider of electronic replenishment solutions for prepaid products, announced today the signing of the 1,000th merchant to utilize the PreCash Express terminal. The PreCash Express is a customized THALES Talento point-of-sale (POS) terminal, which enables First of Omaha retail clients to process PreCash prepaid replenishment transactions, such as wireless phone payments and refills.

"We are pleased that First of Omaha has signed their 1,000th merchant to utilize the PreCash Express terminal in less than a year. This is a testament to what a great solution the PreCash Express terminal is for retail merchants," said John D. Chaney, chairman and chief executive officer of PreNet Corporation. "It's simple to set up and it uses First of Omaha's leading payment processing network, making it easy for retailers to process PreCash card transactions. More and more retailers are realizing that this is a solution which enhances their customer base by increasing service levels."

Nick Baxter, president of First of Omaha, commented, "We continue to see the market for processing payments for prepaid and stored-value products growing rapidly, particularly in the wireless industry. We're excited that so many retailers have chosen to take advantage of the PreCash Express terminal and our full range of processing services."

About the PreCash Express Terminal

The PreCash Express terminal is a customized THALES Talento terminal that enables retailers to process PreCash prepaid replenishment transactions. Consumers can add minutes to their wireless phone accounts by simply presenting their PreCash cards at participating retailers. The PreCash Express terminal can also be used to process a full range of credit card transactions if the retailer so desires. Its slim design allows it to fit anywhere, making it flexible with the retailer's counter display. It displays graphics on the terminal screen and even has an integrated seven line-per-second printer, making it fast and easy to read. Retailers only need a source of electricity and access to an analog phone line to utilize the terminal.

About First of Omaha Merchant Processing

First of Omaha Merchant Processing is a premier payment processor specializing in providing services to both the traditional and Internet direct marketing industry, as well as the traditional face-to-face card acceptance market. First of Omaha provides financial management and payment processing solutions for independent sales organizations, large and small retailers, restaurants, lodging merchants, petroleum marketers, associations/franchise groups and banks in both the business to consumer and business to business marketplaces. Known for their superior customer service, First of Omaha specializes in providing clients the latest in card processing technologies. Through development of a diversified product line, First of Omaha has become a leader in the merchant processing industry, assisting clients in the reduction of chargebacks and fraud. First of Omaha is a wholly-owned subsidiary of First National Bank of Omaha and is one of the few remaining in-house bank processors. First National Bank of Omaha, founded in 1863, is the 32nd oldest nationally chartered bank in existence. First of Omaha's Internet address is www.foomp.com.

About PreNet Corporation

With offices in Portland, Ore., Houston, Atlanta, Chicago and Dallas, PreNet Corporation provides wireless carriers, service providers and stored-value platform providers a cash-loading acceptance solution for adding value onto stored-value products, including prepaid wireless, at select retail locations nationwide. Using existing credit card infrastructure, PreNet's PreCash has created a new standard for converting cash into electronic currency. As The Next Generation of Cash(TM), PreCash offers consumers simple, secure and convenient cash payment options for the New Economy. For more information about PreNet and PreCash, please visit http://www.precash.com.

(c) Copyright 2001, PreNet Corporation and First of Omaha Merchant Processing. All brands or products mentioned are trademarks or registered trademarks of their respective holders and should be treated as such. All rights reserved.