Alogent Partners With Getronics for Product Integration and Certification; Product-Based Alliance Creates Image Workflow Efficiencies for Check 21.

Business Editors

ATLANTA--(BUSINESS WIRE)--Nov. 14, 2003

Alogent, a provider of payment transaction processing solutions for global financial institutions, remittance and payment processors, announced a partnership with Getronics, a leading provider of vendor-independent Information and Communication Technology (ICT) solutions and services. The product-based partnership has integrated Alogent's Sierra Xpedite(R) with Getronics' Globalfs and Mosaic OA teller automation systems.

"Integrating Sierra Xpedite with Globalfs introduces an advanced, value-added solution for financial institutions," said Robert Coyan, director of business development for Alogent. "As banks begin to embrace a Straight Through Check Processing(TM) model, which optimizes image and data from all points of presentment, it becomes essential to incorporate deposit automation with the bank's teller platform. This solution increases branch functionality and creates tremendous workflow efficiencies in preparation for Check 21."

Implementing deposit automation at the front counter within a bank's teller system improves processing quality, decreases the amount of paper by eliminating cash, deposit, control, and general ledger tickets, and truncates checks at the point of presentment. The use of image technology to automate check transactions at the teller station actually reduces work, freeing tellers to provide better customer service.

"Getronics continues to help banks meet the challenges of cost reduction through branch efficiencies. The integration of our products allows banks to significantly improve processing by truncating checks at the source," stated Leni Selvaggio, vice president, Getronics financial services marketing. "Getronics has added this service to our branch automation solution so our clients can take advantage of Check 21."

"The benefits of deposit automation will be realized by those banks that take an end-to-end view of the process," continued Selvaggio. "By integrating Alogent's Sierra Xpedite with our branch systems, we ensure that the image capture directly interfaces with the teller system and the cash control, audit trail, and customer identification and customer service functions of today's advanced teller line."

Sierra Xpedite captures, validates, and automatically balances transactions at points of physical placement, using check images and MICR data, facilitating real-time proof of deposit. The product can also accommodate matching, encoding, and automated reconciliation of all or some checks in today's "paper to follow" world, significantly improving processing efficiencies even in advance of check truncation. The software reduces workload, and improves productivity, while improving quality and enabling faster funds recognition through early posting.

Globalfs is a suite of customer service applications for financial institutions based on customer relationships, processes and information. The software allows financial institutions to use a common set of business processes across multiple delivery channels, therefore they can take advantage of all possible points of contact, while minimizing the effort and cost of maintaining these processes.

About Alogent

Alogent is a financial services technology company with proven global success in providing payment processing solutions that enable banks, billers and outsource processors to reduce costs, accelerate timelines and improve quality in check and item processing.

Alogent's solutions help banks adapt to Check 21, check truncation and paper-to-electronic transformation. They include solutions for deposit automation, image based centralized item processing, image exchange and the unique Straight Through Check Processing(TM).

Alogent products process over a billion transactions a year in the U.S., and the company provides the platform that processes 70 percent of all checks written in the UK. Alogent's solutions are being deployed to the largest deposit automation implementations in the world. Alogent brings proven credibility and leadership to help global customers address mission-critical challenges. For more information about Alogent's solutions, visit www.alogent.com.

For more information about Alogent in the USA, write 4005 Windward Plaza, Second Floor, Alpharetta, GA 30005; phone [phone]; toll free 888.333.6030; fax [phone] or email [e-mail]. For sales in the UK, phone [phone]; fax: [phone] or email [e-mail].

About Getronics

With 23,000 employees in more than 30 countries and revenues of EUR 3.6 billion in 2002, Getronics is one of the world's leading providers of vendor independent Information and Communication Technology (ICT) solutions and services. Getronics today combines the capabilities of the original Dutch company with those of Wang Global, acquired in 1999, and of the systems and services division of Olivetti. Getronics is ranked second worldwide in network and desktop outsourcing and fifth worldwide in network consulting and integration (Source: IDC July-August 2002).

Getronics designs, integrates and manages ICT infrastructures and business solutions for many of the world's largest global and local companies and organizations, helping them maximize the value of their information technology investments. Getronics headquarters are in Amsterdam, with regional offices in Boston and Singapore. Getronics' shares are traded on Euronext Amsterdam ('GTN'). For further information about Getronics, visit www.getronics.com/us.