ChronoPay, B.V. a leading Online Payment Services Provider, specializing in European Merchant Accounts and Transaction Processing announced dynamic growth statistics in all relevant categories of the company's operation from 2004 to 2005.

ChronoPay is reporting the following increases in business activity:

1. The Number of Active Merchants Increased by 240%
2. The Total Turnover (Processing Revenues) Increased by 736%
3. Number of Total Transactions increased by 664%
4. Average Transaction Volume by Each Merchant Increased by 307%

In 2005, ChronoPay achieved all of its major objectives and surpassed its growth expectations in every critical area. The company grew exponentially, while focusing its efforts toward greater Merchant satisfaction. All of the company's personnel have received advanced education and training, creating the most professional Support Staff in the ecommerce arena.

"It is very gratifying to experience the kind of dramatic growth ChronoPay achieved in 2005", said Ivan Glazachev, ChronoPay's Director of Business Development. "It offers clear evidence that we are capturing solid market share and that our Merchants are satisfied with our services. As our technology has improved and our reputation for excellence has grown internationally, we have begun to attract larger and larger Merchants, who are making us their permanent choice for Internet Transaction Processing. ChronoPay is looking forward to even greater achievements in 2006", said Mr. Glazachev.