March 2008

FOR IMMEDIATE RELEASE:

CATCH21, INC SUCCESSFULLY BRINGS 30 BRANCHES FROM ST. LOUIS MO INTO CHECKNOLOGY SOLUTIONS TO PERFORM END TO END ITEM PROCESSING SERVICES FOR SUN SECURITY BANK.

2008-03-01 - Norman, Oklahoma - CATCH21, Inc. has completed the successful conversion of Sun Security Bank in St. Louis, Mo to the Catch21 Service Bureau using the Checknology Branch Capture solution. 

“The conversion went very smooth for Sun Security, which speaks volumes to the expertise and experience that Catch21 has to offer clients in our Checknology solution and the experience that Sun Security staff has with their environment.” said Kelly Ingram, President of CATCH21, Inc.  “The branch capture solution implemented at Sun Security provides direction and reference for current and future clients of Catch21 that the geographic boundaries of item processing are truly a thing of the past with the ability to provide a complete electronic item processing solution.”

CATCH21 has over 100 years of experience supporting item processing and transit clearing processes and brings a totally paperless item processing cycle to institutions in a hybrid approach that allows institutions to pick and choose what services should be outsourced and what services will remain in house. “The hybrid approach of outsourcing is something that has been the basis of creating the CATCH21 service bureau. We feel an institution should decide what areas they are comfortable with outsourcing while allow them to continue managing other pieces internally. With Sun Security we are providing a complete package that allows their internal staff to scan items at the branch locations and all other functions are performed at CATCH21. We receive the inclearing items electronically from Federal Reserve Banks across multiple districts and can receive correspondent files as well. Then CATCH21 combines the inclearing items with items scanned at the branches to provide a combined archive available to Sun Security through a thin client interface. The solution in place at Sun Security also includes all day two processing for returns and image statements.” said Ingram.  “We have enjoyed working with the entire professional staff at Sun Security Bank through the conversion process and expect a very long relationship with the institution while expanding our customer base in the Missouri area.”

About CATCH21, Inc.

CATCH21, Inc. offers state of the art item processing, document management and image capture solutions. CATCH21’s products include an outsourced, hybrid solution for item processing for financial institutions. CATCH21’s ‘You Scan It” philosophy allows financial institutions to scan their checks either at the teller line, in the back room of the branch, or at the merchant site. The checks are truncated at the closest point of presentment and paper trails are minimized. In addition to outsourced item processing CATCH21, Inc. also provides professional consulting and support services, as well as, customized services like DynaClear - the lowest price transit clearing tool to financial institutions all over the United States. CATCH21, Inc. has over 100 years of combined experience in item processing and information technology in the financial sector. Visit CATCH21, Inc. on the Web at www.CATCH21.com.
 

END OF RELEASE

Contact: Chris Boyd, CATCH21, Inc.
405-701-8111, chris.boyd@CATCH21.com