Goldleaf, Epson Extend Partnership to Offer Full Spectrum of Distributed Capture Solutions

Companies Deliver Breadth of Offerings, From Branch to Remote Deposit Capture


ATLANTA and LONG BEACH, Calif., May 27, 2009 (GLOBE NEWSWIRE) -- Goldleaf Financial Solutions Inc. (Nasdaq:GFSI), a provider of integrated technology-based solutions designed to improve the performance of financial institutions, and Epson, a leading supplier of value-added banking and payment solutions, today announced the extension of their strategic partnership to deliver a full spectrum of distributed capture solutions to financial institutions of all sizes. The partnership combines a variety of imaging hardware, software and services options that meet needs across all major distributed capture channels, including branch front counter and back counter, consumer, small business and commercial remote deposit capture.

"We have a strong commitment to the payments industry," said Bud Weist, vice president of sales and marketing, Epson System Device Group. "Our best-of-breed hardware solutions work seamlessly with Goldleaf's software to support financial institutions, whether they are looking for teller, back counter or remote deposit capture. Goldleaf and Epson have the stability and scope to deliver quality, innovative solutions, with the service and support to back it all up."

"Our strategic partnership with Epson enables us to extend our comprehensive solution offerings and certified device support across branch, commercial remote deposit and even mass market remote deposit deployments," Todd Shiver, Goldleaf EVP, explained. "We believe Epson represents a compelling option for financial institutions as a single source hardware supplier across all financial institution deposit channels and market segments. Together our companies have the breadth of offerings, depth of expertise and scale to handle tasks of any size, combined with the business structure to provide personal support and superior service. Increasing the efficiency of payments is one of the highest priorities for financial institutions today, and we are committed to continually improving this process."

Goldleaf joined Epson's Envision(sm) partner program in July 2008, and has continued to work closely with Epson to develop complementary hardware and software solutions that benefit financial institutions. Goldleaf has certified Epson's TM-J9000/9100 check scanner with integrated inkjet printer, check imaging and ID scanner, as well as Epson's CaptureOne(tm) check scanner. Goldleaf also supports Epson's newly introduced line of scanners for consumer and small business markets.

The partnership between Goldleaf and Epson brings together two of the payments industry's leading technology companies to provide a complete array of financial solutions. Integrating Goldleaf's software offerings with Epson's product suite ensures the delivery of highly reliable distributed capture solutions that improve overall productivity, streamline operations and reduce check processing costs.

About Epson

Epson is one of the world's leading manufacturers of highly reliable point-of-service technology, including printers, precision printing mechanisms and digital image scanners. Epson offers a wide range of printing and check imaging solutions that feature innovative technology and functionality to increase productivity, improve customer satisfaction and reduce costs. Founded in 1975 and headquartered in Long Beach, CA, Epson America, Inc. is the U.S. affiliate of Japan-based Seiko Epson Corporation, a global manufacturer and supplier of high-quality technology products that meet customer demands for increased functionality, compactness, systems integration and energy efficiency. For more information, please visit www.pos.epson.com/financial.

About Goldleaf

Goldleaf Financial Solutions Inc. offers a strategic suite of integrated technology and payment processing solutions to financial solutions of all sizes. Goldleaf's products and services enable financial institutions to succeed in today's competitive market, solidify their trusted financial relationships, expand their presence and improve profitability through the efficient use of technology. For more information about Goldleaf and its solutions, please visit the company at www.goldleaf.com.

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Certain statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which the Company is unable to predict or control, that may cause the Company's actual results or performance to materially differ from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties, including, without limitation, risks and uncertainties associated with the ability of the Company's suite of products and services to enhance the competitiveness of its clients. These and other risks and uncertainties the company faces are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company cautions investors that any forward-looking statements made by the Company are not necessarily indicative of future performance. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.


            

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