Business Services Industry

Trintech Increases European Presence With Opening of New Office in The Netherlands

Business Wire, Feb 21, 2006

DALLAS & DUBLIN, Ireland -- Trintech Group Plc (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced the opening of a new office in The Netherlands to meet increasing European demand for Trintech's account reconciliation and process management solutions. The new office, which opened in December 2005, is located at Cypresbaan 9, 2908 LT Capelle a/d IJssel, The Netherlands, and is headed by Dave Keijzer, Director of European Sales for Trintech's Finance and Treasury Solutions.

"Establishing an office in The Netherlands enhances our existing presence in the UK and Europe," said Randy Jesberg, Executive Vice President of International Sales for Trintech. "Our growth is a direct result of our solid track record delivering a strong ROI to customers throughout the region. Trintech has become the company of choice for enterprise customers worldwide seeking to minimize risk and maximize efficiency within their operational control framework."

Trintech has seen an increase in demand for its transaction verification, reconciliation, process management, and compliance solutions from European organizations that want to reduce their costs and improve the way they manage operational risk. With wide-ranging industry experience, support for multiple languages, broad global resources, key strategic relationships, and a proven track record, Trintech is mobilized to help clients across Europe improve their business performance while meeting critical time constraints.

"With our enterprise suite -- ReconNET, AssureNET GL, Treasure eNET and the DataFlow Transaction Network -- we're well-positioned to respond to the finance and treasury needs of European organizations. Our clients today include companies in the financial services, retail, and telecommunications industries," continued Jesberg. "We're pleased with our achievement in the European marketplace to date and we look forward to further success."

About Trintech FMS

Trintech Funds Management Systems (FMS), a division of Trintech Group, provides comprehensive, industry-leading solutions, specializing in transaction verification, reconciliation, process management and compliance. Trintech's suite of products includes the ReconNET reconciliation product suite, AssureNET GL for managing general ledger reconciliation and compliance, Treasure eNET -- an ASP hosted treasury workstation, Bank Fee Analysis, and the DataFlow Transaction Network for data collection and delivery. Trintech's solutions are optimizing performance in over 400 leading companies in the banking and finance, convenience store and grocery, entertainment, hospitality, insurance, restaurant, retail, telecommunication, and utility industries. Clients include: Bank of America, 7-Eleven, Kroger, Regal Entertainment, Accor, Farmer's Insurance Group, YUM! Brands Restaurants, Radio Shack, Verizon Wireless, and Ameren. The FMS division is headquartered in Dallas, Texas. For more information visit Trintech online at www.trintech.com/fms or call 972-701-9802.

About Trintech Group

Trintech Group is a leading provider of transaction reconciliation and payment infrastructure solutions to retailers, financial institutions, payment processors and network operators globally. Built on 19 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation -- enabling its 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 The Colonnades, Beaconsfield Close, Hatfield, Hertfordshire, AL10 8YD (Tel: 44 1707 632900). www.trintech.com.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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