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PRESS RELEASE

Year 2008 / Tuesday June 10, 6:30 am ET

FreeStar Technology Corp.'s Rahaxi Processing Oy Enters Into Distribution Agreement With HansaWorld, a Leading Business Solution Provider

First Joint End Installation and Expansion into Apple store, 'MacPeople' in Finland, on the MAC operating system

HELSINKI, Finland, June 10 /PRNewswire-FirstCall/ -- FreeStar Technology Corp. (OTC Bulletin Board: FSRT - News), an international card payments processor and technology company, today announced that its Helsinki subsidiary, Rahaxi Processing Oy, entered into a Distribution Agreement with HansaWorld in Finland. Under this agreement, Rahaxi has successfully deployed terminals in its first joint end customer installation into Apple's International store -- "MacPeople" in Finland. This marks the first installation of Rahaxi's -OTI system for MAC operating system.

CEO and Rahaxi Chairman Paul Egan stated, "We are delighted that a major player in Finland with International reach has chosen FreeStar as their partner. HansaWorld has an extensive line of POS solutions and software products, integrated with Rahaxi OTI system, make for a successful partnership. Our first installations at the MacPeople store in Helsinki on the MAC operating system were very successful. We are looking forward to a long and prosperous partnership with HansaWorld that will have a positive impact on our revenue growth. We continue to grow our company in an authentic way with leading partners in the Technology sector."

HansaWorld provides integrated business solutions for the accounting, ERP, CRM, e-Business, retail (POS), production and hotel sectors. HansaWorld is a business solutions provider with 20 years of experience in the international software market. With more than 70,000 installations worldwide, HansWorld is a leading software partner combining global knowledge and local representation. The Company was first established in Sweden in 1988 by founder Karl Bohlin. The group employs around 300 people in a strong network of daughter companies and distribution partners in Europe, South America, North America, Africa, Asia, Australia and the Middle East. HansaWorld has developed a strong network of partnerships within ninety countries on all continents. Technology partners include Nokia, Skype, IBM and Apple.

SOURCE: FreeStar Technology Corporation.