Global Electronic Technology, Inc. Signs Multi-Year Renewal with Merrick Bank

Cypress, CA, August 26, 2009 --(PR.com)-- Global Electronic Technology, Inc. (GET), a leader in state-of-the-art payment processing solutions, today announced it has signed a multi-year contract extension with Merrick Bank. Under the terms of this renewal agreement, GET will continue to provide world-class processing services to commercial and institutional merchants around the globe.

“We are very pleased to continue to sponsor Global Electronic Technology, Inc.,” said Fred Horn, Senior Vice President of Merrick Bank Merchant Services. “Global Electronic Technology, Inc. has played a key role in growing Merrick’s acquiring business for the past five years and we look forward to continuing and extending our long-running relationship.”

“We appreciate the mutual confidence and trust we share with such a valuable partner. Merrick Bank continues to provide GET and our clients with outstanding merchant banking. We are proud to continue this relationship with Merrick Bank,” states Steven H. Bryson, Chief Executive Officer of Global Electronic Technology, Inc. GET delivers value to its vast merchant portfolios through their fully integrated and scalable enterprise systems. GET provides comprehensive credit card services including acquisitions, activations, card authorizations, receivables, funding, remittance, statement generation, reporting, customer service, and call center support. Global Electronic Technology, Inc. continues to expand their services to ACH, fraud scrubbing, shopping cart, and cash advance services.

About Merrick Bank
Merrick Bank, is a wholly owned subsidiary of CardWorks, Inc. was founded in 1997 and is a premier issuer of credit cards. Merrick bank is a top-25 issuer of Visa (R) cards, as well as an authorized issuer of MasterCard (R) cards. It serves approximately 1 million cardholders and has over $1 billion in assets. Merrick Bank is a Utah Financial Institution and is a member of the FDIC.

About Global Electronic Technology, Inc. (GET)
Global Electronic Technology, Inc. (GET) is a leading technology provider of end-to-end payment processing solutions, including virtual terminal, payment gateway, GETshop, online ACH, and loyalty and gift card programs. Founded in 2000 by Steven H. Bryson and currently privately owned, GET has grown to epitomize the word “global”, by offering state-of-the-art payment processing product and services to diversified industries, extending from retail to internet-based transactions in the worldwide payment industry.

For more information, please contact Mia Hyun at Global Electronic Technology, Inc. +1(888) 775-1500 or visit us at www.gettrx.com

###