Top Five Financial Institution Selects VECTORsgi Image Exchange and VECTOR Exceptions Solutions.

ORLANDO, Fla. -- VECTORsgi, a Metavante company and leading provider of financial transaction applications, announced at BAI's TransPay Conference & Expo that a top five financial institution became the fifteenth major bank to select the VECTOR Image Exchange and VECTOR Exception Solutions to facilitate its transition to streamlined image exchange and automate the exceptions process.

The 2005 BAI TransPay Conference, the leading educational event for financial services industry payments and technology executives, is being held May 3 - 5 at the Orange County Convention Center in Orlando, Fla. The conference is expected to attract hundreds of financial institutions of every asset size, from around the country.

The VECTOR Image Exchange Solution is designed to capture the check image, assure the quality of the image with VECTOR:IQA, and transmit the image over a secure, managed network to other banks, shortening the traditional clearing and settlement process. The VECTOR Exceptions Solution is a Web-based product designed to automate the exceptions process using images instead of paper in order to accelerate the process and eliminate geographic boundaries.

"The VECTOR Image Exchange and VECTOR Exceptions Solutions provide the technological leap needed for a competitive position in today's marketplace and further prepare the financial community to embrace the new era of image exchange," said Sydney Smith Hicks, Ph.D., president of VECTORsgi. "With millions of customer accounts world-wide, this top five institution stands to see processing improvements and other benefits of image exchange on a massive scale. Enabling check image exchange at this level has significant potential to affect image exchange volume within the industry."

VECTOR Image Exchange allows financial institutions to receive and process files, identify exception items and process exceptions using images, eliminating the need for paper from the process. The solution can help avoid delays associated with ground and air transportation, lessen the chance of checks being lost and eliminate backlogs created by paper checks that cannot be physically transported due to weather or unforeseen events.

In order to control image quality, VECTOR Image Exchange analyzes the quality and accuracy of image data captured by other institutions. The solution also performs Virtual Capture, which simulates a physical capture and results in integration between a financial institution's capture system and item workflows.

VECTOR Exceptions uses check images to streamline the exceptions process. The solution reduces risk by processing potentially fraudulent exception items at an accelerated rate. VECTORsgi experts maintain that its image processing capabilities reduce the number of exception sort passes by an average of three to five passes. The solution also enables financial institutions to add special instructions and account comments online, thereby enhancing the level of personalized customer service available.

About Metavante

Metavante Corporation is a leading provider of image-based check processing and distributed image-capture solutions through its companies, which include VECTORsgi, Advanced Financial Solutions (AFS) and The Endpoint Exchange Network. The Endpoint Exchange Network enables U.S. financial institutions to clear their check-based transactions by allowing for the exchange of check images between member institutions. Metavante delivers banking and payment technologies to financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, and electronic presentment and payment. The company's services are marketed as Metavante or through the AFS, Endpoint Exchange Network, Kirchman, NuEdge Systems, NYCE, Prime Associates, Printing For Systems, Response Data or VECTORsgi brands. Headquartered in Milwaukee, Metavante (www.metavante.com) is wholly owned by Marshall & Ilsley Corporation.

About VECTORsgi

VECTORsgi, a Metavante company, is a leading provider of innovative financial transaction processing solutions including distributed capture, image processing and exchange, dispute resolution and e-commerce solutions for financial institutions and corporations. Its products have been licensed more than 2,800 times by corporations and financial institutions ranging in size from community banks to top ten financial institutions to international banking organizations. VECTORsgi is recognized by the American Banker and the research firm Financial Insights in the FinTech 100, an international annual listing of the top technology providers for financial institutions.

The Addison, Texas-based company, founded in 1976, provides innovative solutions not only to help financial institutions and corporations streamline their payment systems and operations, but also to leverage their image processing investment and maximize the benefits of check truncation. VECTORsgi also helps financial institutions enhance profitability by offering consulting services that provide management consulting and business practice improvement.

For more information about the company, visit www.VECTORsgi.com.

Editor's note: The correct usage of the VECTORsgi name is "VECTOR" in upper case with "sgi" in lower case.