Westport, CT – November 17, 2004 – – E-Tran announced that it closed its Series B financing round lead by Zon Capital.

Zon Capital joins Hudson Ventures as the primary shareholders of E-Tran. Bill Bridgers, Managing Partner of Zon Capital is added to E-Tran’s board of directors.

"We saw an opportunity to leverage our base of contacts in the financial services industry and assist E-Tran in its rapid growth." stated Bill Bridgers.

The monies raised will be primarily focused for sales and marketing activities along with continuing to enhance E-Tran’s suite of ACH cash management services.

E-Tran is a leading IT Financial Services Company. It enables Financial Depository Institutions (FIs) to offer their customers secure, reliable, high volume online ACH cash management services. E-Tran makes it possible for the community banks and regional banks to offer even more robust ACH cash management services than the much larger financial institutions. E-Tran’s WebAccess and Electronic Lockbox products enable FIs to earn significant fee based income while providing more comprehensive services to their clients. E-Tran is one of a select group of non-financial institutions that the Federal Reserve has approved as a Sending Point with its own ETI Routing number that enables to E-Tran to transmit secure and reliable transactions on behalf of its customers. For more information contact (866) 50-ETRAN (503-8726) or visit us at www.e-tran.net