Corporate Summary

Transax International Ltd. (OTC BB:TNSX) provides information network solutions to healthcare providers and health insurance companies, enabling the “real-time” automation of routine patient eligibility, verifications, authorizations, claims processing, claim adjudication and payment functions that are currently performed manually.

Transax’s flagship MedLink is a “Total Connectivity” solution that links insurers and providers seamlessly, allowing healthcare providers to easily capture, route and authorize and adjudicate medical, hospital and dental claims, providing a universal, virtual link between the providers and insurers. Transax’s unique MedLink solutions are tailored to individual providers’ environments based on existing technological resources, installation requirements and claims volume.

Unique

While healthcare is one of the largest sectors growing at one of the fastest rates worldwide, existing systems of payment processing and authorization are woefully antiquated. According to a new study from the FocalPoint Group, the U.S. $1.5 trillion healthcare industry, is finally catching on, investing heavily in wireless technologies to bridge the current divide —$7 billion by 2010—especially in areas where medical errors can be reduced. Aging of the ‘baby boomer’ demographic is also increasingly encouraging virtual “catch-up” for an industry that is already bursting at the seams.

Already processing approximately 700,000 transactions a month and growing, Transax’s proven solutions are poised to change the speed and accuracy with which healthcare providers communicate with insurers. Currently, healthcare providers communicate with insurers for approval and payment processing utilizing a number of different or competing platforms, often requiring significant manpower and allowing for considerable errors.

By bridging traditionally incompatible systems, Transax’s MedLink solutions allow providers and insurers seamless integration, enhancing speed and accuracy of payment processing and authorization procedures that significantly benefit both providers and consumers. Transax receives a transaction fee charged to the insurer or healthcare plan for use of its solutions, similar to those charged by credit card companies to merchants for usage, but resulting in substantial operating efficiencies for all parties to more than justify the expense. Highlights****

**** Investment Highlights ****

Proven Technology- Already operating in the fast-growing $26 billion+ Brazilian healthcare market, MedLink solves current inefficiencies between provider and insurer communication, greatly enhancing operating efficiencies at a low cost to the insurer.

High Growth Sector- Rapidly escalating costs of healthcare are forcing providers, insurers and consumers to actively seek cost-cutting measures, with technology improvements at the top of the list- expenditures are expected to topple $7 billion by 2010.

Uniquely Situated– With proven technology and strategic partnerships worldwide, TNSX is poised to continue organic growth while expanding its presence internationally.

Transax Revenue History

Proven Solutions

Transax management has already signed a number of strategic agreements to grow its solutions worldwide. With operations in Brazil , Transax capitalizes on the more than US$26.35 billion private healthcare industry in the region, with agreements with two of the three largest health insurers in Brazil to process over 2,500,000 transactions per month. Fueled by growth of operations in Brazil and continued product enhancements, Transax has expanded operations into other international markets, including Asia, Americas and the United States .

Strategic partnerships worldwide allow for significant product enhancements as the Company expands operations into new markets, including an agreement with one of the world’s largest consulting groups to ready its solutions for the U.S. market. Toward that end, Transax is ensuring HIPPA (Health Insurance Privacy and Portability Act of 1996) compliance for its ground-breaking MedLink solutions and setting up a pilot program for the U.S. in late 2006.

Key Partnerships

Transax is rapidly creating strategic partnerships and joint ventures to further develop its solutions and establish a distribution network. The Company has already established a partnership with Bearing Point Inc. for the development of the Brazil ’s first medical Smart Card, and in the USA Transax has signed an MOU to provide real time connectivity to a major dental group.  In early 2005, Transax became a member of the Microsoft Partnership program for the design of its newly issued MedLink Web Solution.

Transax has also formed strategic alliances with Mosaic Software (an S1 Company) for the development of MedLink's Network processor, which utilizes Postilion software. In addition, Transax has teamed up with Hypercom to develop Point of Sale terminal software that enables the execution of all patient service functions.

Recent Developments

Transax Signs Binding Letter of Intent to Sell Brazil Operations

December 17, 2007-- Transax International announced it has signed a binding Letter of Intent to sell its Brazil operations (“Medlink”) to a private group of technology investors in Brazil for U.S. $5.6 million cash and assumption of $2.65 million in debt. An additional payment of up to U.S. $1.25 million is possible subject to the company reaching certain performance levels during 2008, bringing the total potential value of the transaction to U.S. $9.5 million.

Transax Reports Record Third Quarter 2007 Results

November 20, 2007-- Transax International reported  financial results for the first nine months of 2007 and third quarter ended September 30, 2007. For the quarter ended September 30, 2007, Transax generated net revenues of $1,328,636 compared to $1,115,930 in net revenues during third quarter of 2006, a 19% increase.  The increase in revenue was reflected by continued growth in real-time transactions and rollout of previously announced contracts. Transaction volume increased to 2.15 million for the third quarter of 2007.

Transax International Subsidiary Medlink Signs Contract with Caixa Cubatão in Brazil

September 19, 2007-- Transax International Limited announced that its wholly owned Brazilian subsidiary, Medlink Conectividade em Saúde Ltda  (Medlink), has signed a contract to provide healthcare connectivity services to Caixa de Previdência dos Servidores Municipais de Cubatão (Caixa Cubatão), a regional municipality in São Paulo state, Brazil

A Real Healthcare Solution

As healthcare providers and consumers continue to seek affordable solutions to the overwhelming growth of an industry on where rising costs are rapidly beginning to overshadow ability to pay, technology solutions that significantly enhance operating efficiencies are increasing in demand. In fact, studies suggest that providers and insurers are already seeking technology solutions to the tune of $7 billion in spending anticipated by 2010.

As Transax continues to build on successful operations worldwide, developing its proprietary MedLink solution for introduction in expanding international markets, early entry investors stand to benefit from this technology company that provides proven innovative technological solutions for dramatic cost-savings to healthcare providers, insurers and consumers alike.

Experienced Leadership

Stephen Walters, MSc., President, CEO has more than 15 years business experience in the Asia-Pacific Region. Walters is the founder and principal of the Carlingford Group of companies based in Singapore, and in the last 24 months has raised over USD $6.0 million for investment in promising early stage technology companies, principally from North America. Through the establishment of licensing agreements and joint ventures with strategic partners, Walters is leading companies in the biomedical, computer network and wireless telecom industries into expansion into the Asia-Pacific region.

Adam Wasserman, CPA, Chief Financial Officer has demonstrated success in increasing the profitability and value of companies. Wasserman is a former audit manager at American Express Tax & Business where he successfully acted as an outsourced CFO and advisor to a diversified clientele in the wholesale, technology, distribution, medical, retail, and service industries in both the private and public sector. Prior to Transax, Wasserman was a CPA at Deloitte & Touche, LLP where he was responsible for audits of public and private companies, tax preparation and planning, management consulting, systems design, staff instruction, and recruiting. Wasserman holds a BA from the State University at Albany , is a CPA (NEW YORK) and a member of The American Institute of Certified Public Accountants . He is also a Director and the Treasurer of Gold Coast Venture Capital Club and former officer of Toastmasters International.

Amerco de Castro, MBA., President TDS Brazil has been with the Brazil subsidiary since its formation. As President Director of the Brazil operating company (TDS) Mr. de Castro is responsible for all operations including establishment and operation of the company’s network operations centre, marketing & sales, software development and financial reporting.  Mr. Mendes de Castro received a Master of Business Administration in 1980 from the University of Southern California in Los Angeles .  He received a Bachelor Degree in Economics in 1971 from Faculdade de Ciencias Politica e Economica do Rio de Janeiro.