OCEANSIDE, CA -- (Marketwire) -- 01/18/13 -- Citadel EFT, Inc.'s (OTCQB: CDFT) CEO Gary DeRoos announces that any and all funds raised from the Equity Private Placements for the Convertible Preferred 'C' shares go to buy income producing assets and/or securities. Management believes that Citadel EFT's ongoing business operations were providing management a dividend under different Series of the Company's Preferred Stock.

Gary DeRoos, CEO of Citadel EFT, states, "It's unlikely that an increase in the credit card processing business would be enough to issue dividends to the stockholders. Even though the Company's credit card processing business is revenue producing, it would not suffice by itself, to provide those dividends to the stockholders. It is necessary, however, for the shareholders to see some return on the investments they intend to make directly into Citadel EFT, for the 'C' Preferred Shares."

He further states, "We have organically grown our business model and have successfully built revenue to the point that I am collecting a dividend from my Series 'A' Preferred, but in order for Citadel EFT to grow exponentially we want to raise money, with the sole purpose of accomplishing three (3) things:

• Create dividends for the stockholders;
• Retained earnings for the public company; and
• Management fees for the insiders

"To get it done, we have to be committed to buying companies in our space that already earn revenue, or real estate and/or securities that also earn an income. In this way, all of our stockholders benefit. The onus, now, is for the management team to deliver on its initiatives as we commence the Private Placements into Treasury from all interested parties, including our current stockholders and consultants. A US SEC FORM S-1 registration will follow the raise as we move forward to meet our objectives."

Management believes that it's essential to expand the scope of the public company's role, by buying reoccurring value, and this is in-line with CDFT's objective to become a Business Development Corporation.

About Citadel EFT, Inc:

Based in Oceanside, CA, Citadel EFT, Inc., provides credit card merchant account services to retailers, mail order companies and online service providers. 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.

FORWARD LOOKING STATEMENT

CDFT cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.