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July 2007

FOR IMMEDIATE RELEASE:

CATCH21, INC SIGNS AGREEMENT WITH DATA PROCESSING, INC. (DPI) TO PROVIDE LEAST COST TRANSIT CLEARING TOOL FOR DECISIONING TRANSIT CHECK IMAGES.

2007-07-15 - Norman, Oklahoma - CATCH21, Inc. has been selected by Lawton Oklahoma based Data Processing, Inc. (DPI) to provide DynaClear to decision transit check images for least cost clearing path.

“This agreement is a win win situation for both sides of the relationship. Partnering with another Oklahoma company will provide the needed environment to showcase our DynaClear services to other potential clients.” said Kelly Ingram, President of CATCH21, Inc. “DPI's management team are innovators, and want to make sure that they are receiving the absolute best price for their transit clearing. This is the primary basis of the DynaClear service that we have recently developed. DynaClear takes multiple electronic clearing channels each with their own unique pricing options and CATCH21 personnel adjust the pricing tables whenever they change to provide DPI with the latest opportunities in this ever changing environment. CATCH21 will provide the analysis while DPI receives the benefit of savings on the clearing of their transit checks or checks that are deposited at their client institutions. To have a service bureau using the DynaClear service it will be a conduit for stand alone financial institutions to feel confident in the services of DynaClear and CATCH21, Inc.”

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

 

     
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