Alogent Welcomes Ronald C. Baldwin to Its Board of Directors; Seasoned Retail Banker Brings 34 Years of Experience to Bolster Growing Deposit Automation Leader

Business Wire, May 23, 2006

LAS VEGAS -- Alogent Corp., a leading provider of enterprise payment transaction processing solutions for global financial institutions and processors, today announced the appointment of Ronald C. Baldwin to the company's board of directors. Baldwin is a financial services veteran executive with a tremendous depth of experience in managing growth and expansion in the retail banking line of business for multiple financial institutions, including a $36 billion regional bank holding company.

"Ron has a track record of success as a hands-on executive who will provide fresh perspectives to Alogent's operating plan and will further drive us in executing our mission to be the undisputed industry leader in deposit automation," said Brian Geisel, founder and CEO of Alogent Corp. "He brings to the boardroom a mixture of market leadership, technology savvy, strategic vision and deep experience in retail banking," he added.

Most recently, Baldwin is Vice Chairman of Regional Banking at Huntington Bancshares, Inc. This line of business includes customer services, transaction automation as well as integrating sales and delivery applications with scalable, enterprise-wide and cost-effective solutions. He is responsible for 70% of the corporation's earnings and represents the institution's fastest growing line of business.

Baldwin also directs the regional banking division's eight regions, which is comprised of nearly 400 offices, 1,000 ATMs, telephone banking and on-line access channels. In addition to his Vice Chairman role at Huntington, he also served from 2001 to 2004 as the Head of Retail and Commercial Business for the bank.

Prior to Huntington, Baldwin served as President of the Retail Banking Group for Bank One Corporation, now JPMorgan Chase, where he transitioned retail delivery from a traditional consumer bank to a retailer of best in class products. In this role, Baldwin held primary leadership responsibility for 27,000 employees, revenues of $3.3 billion, and pre-tax income of $1.2 billion. Previously, he also held the position of President, Business Banking for the Retail Banking Group where he started the national integrated line of business serving the financial needs of small business owners. In this capacity, he organized small business as part of Bank One's transition to a new organizational structure, migrating from multiple diverse approaches to a unified, consistent national strategy.

"I am excited about my opportunity with Alogent," said Ron Baldwin, now serving as the newest member of Alogent's board of directors. "I look forward to working closely with Alogent's leadership team in helping to provide oversight as they lead the company in the financial services market space. Our mission and success in driving Check 21 enabled deposit automation to the retail and corporate banking market is second to none, and will provide me with the unique opportunity to further cultivate and guide a cohesive team that is bound to reach a common shared vision," he added.

In addition, Baldwin serves on the corporate board of Huntington BancShares, Inc. He also serves as Vice Chairman of United Way of Central Ohio. He resides with his family in Columbus, Ohio and is an active and respected member of the community.

About Alogent

Founded in 1995, Alogent Corporation is a leading global provider of enterprise payment processing solutions that enable financial institutions and processors to accelerate the conversion of paper to electronic processing. The company's Sierra suite of solutions automates payments and deposits at every point of presentment (including branches, ATMs, merchants, corporations and cash vaults) while optimizing electronic data and image processing and settlement. Alogent is the deposit automation market leader with our platform processing billions of payments annually with over 35,000 desktop points of presentment sold. The company's customers include HSBC, KeyCorp, Lloyds TSB and SunTrust, among others. Alogent brings proven delivery and leadership to help customers worldwide address mission-critical challenges. For more information, visit www.alogent.com or call 800.333.6030.