First Data Corp. Completes Acquisition of Vigo Remittance Corp.; Complements Money Transfer Business, Expands Choices for Consumers

"The complementary strengths of First Data and Vigo will bringabout more choice for consumers," said Charlie Fote, Chairman and CEOof First Data. "The addition of the Vigo brand allows us to betterserve consumers and their evolving money transfer needs."

Vigo was founded nearly 20 years ago to provide money transferservices to Brazilian consumers living in New York City and Newark,N.J., and has successfully expanded to serve 50 countries worldwide.In 2003, Mario Trujillo, in partnership with Great Hill Partners,acquired Vigo and proceeded to improve and grow Vigo's profitabilityand business efficiencies. Vigo operates through more than 4,000 sendlocations from across the U.S. and more than 48,000 payment locationsthroughout the world, primarily in the Latin American and Caribbeanregions. In 2004, Vigo processed approximately eight milliontransactions.

"Consumers will benefit from the business combination of FirstData and Vigo," said Mario Trujillo, CEO of Vigo. "As demand forconvenient, reliable and quick money transfer continues to grow, ourcompanies will remain committed to delivering the services thatconsumers trust and depend on."

About First Data

First Data Corp. (NYSE: FDC) is a leading provider of electroniccommerce and payment solutions for businesses and consumers worldwide.Serving 4.1 million merchant locations, 1,500 card issuers andmillions of consumers, First Data powers the global economy by makingit easy, fast and secure for people and businesses around the world tobuy goods and services using virtually any form of payment. Thecompany's portfolio of services and solutions includes credit, debit,private-label, smart and stored-value card issuing and merchanttransaction processing services; money transfer services; moneyorders; fraud protection and authentication solutions; check guaranteeand verification services through TeleCheck; as well as Internetcommerce and mobile solutions. Western Union and its subsidiary,Orlandi Valuta, together make up one of the world's largest moneytransfer networks with approximately 242,000 Agent locations in morethan 200 countries and territories. The company's STAR Network offersPIN-secured debit acceptance at 1.7 million ATM and retail locations.For more information, visit www.firstdata.com.

About Vigo

Vigo Remittance Corp. is a leading provider of electronic fundstransfer services, providing remittance services to 50 countriesworldwide and 46 U.S. states. The company is licensed by the BankingDepartments of the States where it offers services and since itsbeginning in 1986 has expanded its operations to several new marketsincluding the Caribbean, Eastern Europe and Asia. In addition to itsheadquarters in Sunrise, Florida and a network of Agents in otherstates, Vigo maintains a continuous and direct link with its Agentsthrough a transmittal network. Vigo's network of more than 4,000 sendlocations and more than 48,000 payment locations is consistentlygrowing and assures a fast and efficient service. Most payments aremade to beneficiaries within minutes depending upon city or country ofdestination. For more information, visit www.vigousa.com.

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