TTPA Trintech (MM)

Charities Aid Foundation Selects Trintech's ReconNET to Automate Funds Reconciliation and Improve Internal Controls LONDON and DUBLIN, Ireland, July 9 /PRNewswire-FirstCall/ -- Trintech Group Plc (NASDAQ:TTPA), a leading provider of financial software and services specializing in reconciliation workflow, revenue enhancement, transaction risk management, and compliance, today announced that the Charity Financial Services division of Charities Aid Foundation (2007 recipients of the Queen's Award for Enterprise) has selected Trintech to improve financial transaction management across its Fundraising Support business. The Trintech solution will integrate with donor and financial administration systems, as well as business ledger systems to ensure more efficient reconciliation workflow and enhanced visibility to and control of funds. The Charities Aid Foundation (CAF) is a registered UK charity that is committed to effective giving, providing a range of specialist services to donors, companies and charities. CAF manages 2.2bn pounds sterling of individual, company, and charity funds, and helps to distribute approximately 300m pounds annually across six continents. "In light of future growth projections, our current systems would be unsustainable. We made the decision to replace our labor-intensive legacy financial systems with a solution from Trintech," said Peter Mitchell, Director of Charity Financial Services Operations for CAF. "ReconNET will provide us with a scalable solution that will support us now and in the future, as well as increase internal controls for improved compliance and greatly enhance staff productivity." ReconNET is extremely effective for organizations like CAF that have a requirement for high-volume and/or complex transaction matching, exception identification, and operational risk management. ReconNET will enable CAF to more efficiently protect data from manual manipulation, maintain business rules throughout reconciliation operations, and keep an accurate record of reconciliation activities and system settings. "Maintaining consistent auditability, compliance, and corporate governance are enormous challenges for many organizations. We're pleased that CAF's Charity Financial Services division selected a Trintech solution for operational risk management and reconciliation workflow," said John Harte, EVP and General Manager for Trintech." Our goal is to help all of our clients improve transaction management processes across their enterprise; however, we take special satisfaction in helping an organization that is 100% dedicated to giving back to others." About Charities Aid Foundation CAF promotes effective giving. For individuals, we make donating to the causes they care about simple and tax efficient. For businesses, we can support every aspect of their community involvement. And for charities, our services can help them make the most of what is given. CAF manages 2.2bn pounds of individual, company and charity funds, and helps to distribute approximately 300m pounds annually across six continents. For more information on CAF, please visit http://www.cafonline.org/ About Trintech Group Trintech Group Plc (NASDAQ:TTPA) is a leading global provider of financial software and services specializing in reconciliation workflow, revenue enhancement, transaction risk management, and compliance for commercial, financial, and healthcare markets. For over 20 years, Trintech has been providing comprehensive, industry-leading solutions to financial departments seeking greater insight into critical transaction processes. Trintech delivers a configurable, highly scalable platform that incorporates a company's unique business processes, enabling managers to obtain greater visibility and more efficiently manage business risk throughout the transaction lifecycle. Trintech's transaction process management solutions include: ReconNET for high volume transaction reconciliation; AssureNET GL for general ledger reconciliation and certification; On-Demand solutions for ASP ReconNET and AssureNET services and the Dataflow Transaction Network for data collection and delivery; and ClearContracts, an ASP service which enables health care providers to optimize contract profitability by reconciling payments received from their patients' insurers to amounts they should have received from claims under the terms of their respective contracts. Over 450 leading companies across a variety of industries rely on Trintech products and services. Clients include: North Fork Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer's Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon Wireless, and Ameren. Trintech's principal business office is in Dallas, Texas, with international offices in Ireland, the United Kingdom and the Netherlands. Trintech can be reached at 15851 Dallas Parkway, Suite 900, Addison, TX 75001 (Tel 1.972.701.9802). Trintech's corporate office can be contacted at Trintech Technologies, Block C, Central Park, Leopardstown, Dublin 18, Ireland (Tel 353.1.293.9840). For more information, please visit http://www.trintech.com/. Trintech Press Contact: Dallas: Donna Martinez, Marketing Communications Manager, Trintech Tel. +1 972 739 1611. email: DATASOURCE: Trintech Group Plc CONTACT: Donna Martinez, Marketing Communications Manager of Trintech, +1-972-739-1611, Web site: http://www.trintech.com/ http://www.cafonline.org/

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