FLST Signs Definitive Acquisition Agreement With ABV Gold

Financial Access Solutions Technology (OTC: FLST) announced today that is has closed the definitive agreement to acquire ABV Gold.

According to the company, ABV Gold shareholders will receive restricted shares of FLST and the company will not undergo any reverse split of the common shares, but will proceed to change its name to ABV Gold Inc. and will change the transfer agent from Stalt Inc. to Select American Transfer. The company expects file a PRE 14C by Tuesday May 23 and make the transaction effective approximately 20 days later, whereby a new ticker symbol will be assigned and the name of the company will be changed to ABG Gold Inc. All directors and officers have resigned from FLST and Marcel Morin has been nominated as Chairman and interim President and Chief Executive Officer.

About ABV Gold

ABV Gold was founded as an exploration company to locate, explore and mine world-class volcanogenic metallic deposits. ABV Gold's approach is different; while most exploration companies work around already made discoveries, we believe that important discoveries will be found in different areas, not necessarily those near or adjacent of those that have already been found.

As a good example to our approach, we have to remember the very valuable discoveries that were made in Quebec and Ontario, namely Hemlo, Selbaie and Louvem. In different fields, during the 90s, the discoveries of Diamet diamond deposits in the Northwest Territories and the Voisey's Bay nickel deposit were major contribution to the mining industry. Those discoveries were unique in that they were found in new areas.

Our exploration program is based of the application of several techniques in an interactive process to gain a better knowledge of the geological environment. ABV Gold has developed a model that traces precisely favorable mining environments, similar to those already found and known. ABV Gold currently owns several exploration territories that will be explored. The company is also continuously applying its techniques to identify and acquire new territories.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

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