Trintech Introduces AssureNET GL for General Ledger Account Reconciliation & Certification to Support Sarbanes-Oxley Compliance Programs

Market Wire, January, 2006

Dallas, Texas/Dublin, Ireland - 3 January 2006 - Trintech Group Plc (NASDAQ: TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced the availability of AssureNET GL, an enterprise process management system for general ledger account reconciliation, review and certification. AssureNET GL, designed for companies with high volumes of ledger accounts and users, provides distinct workflow management for reconcilers, reviewers and approvers. The solution automates the most time-consuming tasks, including tracking the list of accounts subject to reconciliation and notifying reconcilers and reviewers of impending due dates or missed deadlines. Additionally, AssureNET GL provides enhanced visibility into the status of the account reconciliation program, ensuring management can assess the risk to the organization and respond appropriately. AssureNET GL integrates fully with Trintech's flagship product, ReconNET, to provide an end-to-end solution for general ledger account reconciliation, review, certification and risk management for every account in the Enterprise.

"Many organizations rely on manual or Excel-based processes. Additionally, they often fall short in providing sufficient oversight and quality assurance testing to ensure that GL account certification processes are effective," said John Harte, General Manager of Trintech's Funds Management Systems Division. "Trintech's AssureNET GL is an automated solution that will provide large enterprises peace of mind. AssureNET GL provides a complete toolset for the management and execution of GL account reconciliation processes. Certification managers will know exactly how their program is functioning across the enterprise at any point in time. Additionally, the program is designed to withstand the scrutiny of auditors, something every business required to meet Sarbanes-Oxley compliance requirements will appreciate."

With AssureNET GL, Trintech is uniquely providing an end-to-end reconciliation solution covering the entire range of accounts requiring reconciliation, including high-volume transaction-intensive accounts, as well as those with low volumes. Trintech's reconciliation process management solution ensures compliance through the elimination of manual procedures and through tools specifically designed to detect and mitigate risk. AssureNET GL functionality includes:

--  Complete segregation of duties between the reconciliation, review and
    certification functions
--  Enhanced visibility into the performance of the control across the
    entire enterprise, including detailed analysis by department, location or
    region
--  Automated interfaces to all general ledger systems to ensure all
    accounts are included in the program
--  Automated download of the general ledger account balance to
    reconciliation forms, ensuring the correct general ledger balance
--  Extensive management toolset that includes the ability to assign
    reconciliation and review responsibilities and schedules, and formats for
    individual accounts or groups of accounts
--  Support for all types of reconciliations, including balance sheet
    reconciliations, tax reconciliations, and accounting consolidation
    reconciliations
--  Automated email notifications to inform participants of impending
    reconciliation and review dates or missed deadlines
--  Automated summaries of exception statistics and extensive management
    reporting
--  Quality assurance tools that enable the selection of accounts for
    quality assurance testing
    

About Trintech FMS

Trintech Funds Management Systems (FMS), a division of Trintech Group, provides comprehensive, industry-leading solutions that optimize enterprise funds management, including the ReconNET reconciliation product suite, Treasure eNET treasury workstation, Bank Fee Analysis, and the DataFlow Transaction Network. FMS solutions are optimizing performance in over 400 leading companies in retail, hospitality, food service, insurance, banking, government and other industries, including YUM! Brands Restaurants, Foot Locker, Radio Shack, 7-Eleven, Whitbread Group, Verizon Wireless, Kroger, Regal Entertainment, Budget Rent A Car, Wendy's, Farmer's Insurance Group, and the University of Missouri. Trintech FMS is headquartered in Dallas, Texas, and can be contacted at 972-701-9802 and on the web at www.trintech.com/fms.

About Trintech

Trintech is a leading provider of transaction reconciliation and payment infrastructure solutions to retailers, financial institutions, payment processors and network operators globally. Built on 18 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), in the UK The Colonnades, Beaconsfield Close, Hatfield, Hertfordshire, AL10 8YD (Tel: 44 1707 632900), and on the web at www.trintech.com.