Oceanside 10/4/2011 11:24:26 PM
News / Business

Citadel EFT Inc. Signs up Scully Oil to its portfolio of credit card processing merchant accounts

Scully Oil- processing over 1 million in visa mastercard a year

Citadel EFT Inc. (OTCQB: CDFT) (PINKSHEETS: CDFT), a fully audited company which offers U.S. merchants credit card terminals and online, mail order and retail credit card processing services, announces today that it has signed Scully Oil to its portfolio of merchant accounts.

Gary DeRoos, Chairman CEO of Citadel EFT, says, "We are excited to do the credit card processing for this Oil Company. Scully Oil projected Visa and MasterCard annual volume is over 1,000,000 a year. About Citadel EFT Inc.

Based in Oceanside, CA, Citadel EFT Inc. provides credit card merchant account services to retailers. The Company provides a free terminal to the business owner and charges no yearly fees, monthly minimums, statement, or address verification fees. Citadel markets its services directly and also through resellers. To learn more about Citadel EFT Inc. please visit our website: http://www.citadelbankcard.com

Forward-Looking Statements

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material. For more information please visit http://www.sec.gov.

Gary DeRoos
Phone: 714-730-8143