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EDC of Thurston County Announces Business Excellence Awards Thurston County


Press Room Archive: June 2004

The EDC of Thurston County, at their 19th Annual Meeting and Awards celebration held on Tuesday, June 14, 2004 announced award recipients.

New Business of the Year / Selection criteria for New Business of the Year: New business that has entered the market place of Thurston County within the last year. This is to reflect the positive impact that new investment and new employers have upon our community. This could include companies that have re-developed their business model to reflect a change in their specific market and as a result has resulted in competitiveness and increased market share.

Founded in 2002, Fast Transact develops, markets, and supports e-commerce and retail solutions that facilitate secure online or retail credit card processing. The company's solutions bridge the gap between retail and internet credit card data compilation, security, and the nightmare of integrating the various components both retail and internet.

Through innovative product development, the company is uniquely positioned to integrate large numbers of high volume internet merchants. There are three primary reasons for this: 1) Best-in-class payment technology-their gateway provides the most powerful browser based payment system on the market for secure processing of credit cards, gift cards and online electronic checks. 2) Internet merchant account/gateway knowledge barrier-the company has first hand knowledge of how a payment gateway works and its processing features. From this knowledge, the company can pre-empt future processing problems by recommending methods to avoid such problems. 3) Technology integration-combines merchant accounts, payment gateway, as well as gift/loyalty cards and ACH/electronic check services into a single point of contact for the client.

Fast Transact services and their innovative use of technology has created an environment from which the world's commerce travels through Thurston County.

David Solomon , CEO
Martin Wood, President
Anna Solomon , COO

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