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October 2007

FOR IMMEDIATE RELEASE:

CATCH21, INC SIGNS AGREEMENT WITH SUN SECURITY BANK TO PROVIDE CHECKNOLOGY SOLUTION FOR BRANCH CAPTURE AND ELECTRONIC IMAGE CHECK PROCESSING.

2007-10-15 - Norman, Oklahoma - CATCH21, Inc. has signed a two year agreement with Sun Security Bank in Missouri to provide paperless check processing solution for 30 branches and receive items drawn on Sun Security Bank through Federal Reserve Bank's Fed Receipt plus product using the CATCH21, Inc. Checknology solution.

“The innovative management team at Sun Security Bank makes them a perfect client for our Checknology solution. The migration of check processing in a post Check 21 world is where the industry is going rapidly and Sun Security Bank has already taken steps to capitalize on the potential savings through their branch capture network.” said Kelly Ingram, President of CATCH21, Inc. “With Sun Security using our Checknology service it will allow them to continue utilizing investments that were made some time ago to capture teller transactions at their branches, and once scanned CATCH21 will provide all balancing and processing of these transactions, while allowing personnel at each branch to continue concentrating on their core business of banking.”

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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