DALLAS and DUBLIN, Ireland, June 25, 2003 (PRIMEZONE) -- Trintech (Nasdaq:TTPA) (Prime Standard:TTP), a leading provider of transaction management and payment infrastructure solutions, today announced that a record 105 leading retail, utility, hospitality, dining, services, government, financial institutions and other organizations recently gathered in Fort Worth, Texas for the seventh annual ReconNET Customer Conference. Highlights at the conference included the unveiling of new products, with a host of new features and functions that focus on reducing costs and improving efficiencies for our customers.
In addition to previewing new products in development, the event enabled customers to interact with product managers, developers, support personnel, partners, and relationship managers in sessions on new uses for the ReconNET reconciliation and cash management system, and to network with other users to share real-world experiences. Over one-third of Trintech's 300 strong ReconNET customer base was in attendance at the event, an event that has grown every year.
"This is the sixth customer conference I've attended, and I gain something new every year," said Dan Madhu, Accounting Analyst at Sears, Roebuck and Co., a leading retailer of apparel, home and automotive products and services. "In addition to the technical information I get from the conference itself, I get valuable business knowledge from networking with other users. I've applied both to improve processes within my organization, and have made it a goal to attend next year's conference as well."
The three-day conference that began May 19 included preview sessions for new products, including a dynamic analytics module that enables senior management to graphically view cash management trends, and daily roundtable and panel discussions with peers and industry representatives. The conference hosted more than 40 technical and "best practices" sessions on ReconNET uses, including gift cards, credit cards, deposit verification, Automated Clearing House (ACH) transactions, bank-to-book general ledger reconciliation, and unclaimed property management. Throughout the event, one-on-one demos and consultations were available in labs staffed by members of the technical support and development team.
"We were delighted by the enthusiasm and customer interaction at this year's conference," said Randy Jesberg, president of the Funds Management Division of Trintech. "This event is part of our ongoing commitment to our customers' success. In addition to sharing information on new features and new ways to use ReconNET, the conference provides a forum for direct feedback from our users that guides our organization -- from development to services -- to make ReconNET more valuable."
About ReconNET
Trintech's ReconNET business-to-business enterprise reconciliation and treasury solutions streamline the management of cash deposits, credit card payments, gift cards, disbursements, and other transactions. Today, Trintech's ReconNET solution is optimizing funds management and research for 300 leading companies in retail, hospitality, food service, insurance, banking, government and other industries, including Target Corporation, Best Buy, 7-Eleven, Verizon Wireless, Kroger, AMC Theaters, Hertz, Outback Steakhouse, Farmer's Insurance Group, and the University of Missouri.
About Trintech
Trintech is a leading provider of transaction management and payment infrastructure solutions to financial institutions, payment processors, enterprise retailers and network operators globally. Built on over 15 years of experience, Trintech's solutions manage each area of the payment cycle from authentication, authorization, settlement, dispute resolution and reconciliation -- enabling our customers to reduce transaction costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353 1 2074000), in the US at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel: +1 972 701 9802), and in the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (Tel: +44 (0) 1707 827000). www.trintech.com
Trintech Press Contacts:
Ireland: Breda Leonard, Director Marketing Communications, Trintech Group Plc. Tel. +353 87 205 4997. email: breda.leonard@trintech.com
Dallas: Darrell Maronde, Manager Marketing, Trintech FMS Tel. 972-739-1634. email: darrell.maronde@trintech.com