Automated Financial Systems Presents Educational Web Cast `Decision Support Methodology for a Check 21 Payments World'

Business Wire, August 17, 2004

*T What:The financial industry is preparing for the August 28 announcement from the Federal Reserve releasing the details of its endpoints and pricing for image exchange.Additionally, the Fed will distribute a list of national routing numbers that will require the delivery of substitute checks in lieu of direct image presentment.These events will set in motion a series of analyses to quantify the benefits of the Fed's programs, and will also provide an incentive for private sector providers to reveal the details of competitive image exchange products and services. Shifting market dynamics will dictate the need for more frequent and comprehensive cost/benefit analyses of a wider variety of payments alternatives.

In preparation for Check 21, Automated Financial Systems (AFS - Exton) is presenting a one-hour Web cast exploring the new approaches required to assess image exchange opportunities and will address the following:

--Analysis requirements and key assumptions

--Selected business case templates and related cost, revenue and risk factors

--Processes for building business rules for image exchange

--Options for image exchange

--Informational requirements

When:August 18, 2004 11:00 a.m. - 12:00 p.m. ET

Register:To register for AFS' Webcast visit the following website: http://www.afsvision.com/news-conferences/webcast_registration.cfm

*T

About AFS

Automated Financial Systems, Inc. provides asset and liability products and services as an Application Service Provider (ASP) delivery through its fully integrated e-business model AFSCommerce(TM). With more than 34 years of experience in delivering financial services software, AFS is the industry leader in the execution of lending and treasury management solutions for top-tier financial institutions. AFS is the only business partner willing to use its capital and technology to guarantee accretive earnings within each client's business model, both short and long-term creating a no-risk solution. The firm is headquartered in Exton, Pennsylvania. For more information go to www.afsvision.com.