Trintech Announces Princeton eCom as New ASP Customer for PayWare Platform.

Business/High Tech Editors

SAN MATEO, Calif.--(BUSINESS WIRE)--May 1, 2001

Licensing Agreement with Princeton eCom Signals Trintech's Increased

Consolidation of mCommerce Payments Space

Trintech (Nasdaq:TTPA) (Neuer Markt:TTP), a leading provider of secure electronic payment infrastructure solutions, today announced it's most recent customer win in the US ASP market with a licensing agreement with Princeton eCom.

Princeton eCom is a leading solutions provider in the billing and payments area for some of the top billers in the telecommunications, mortgage and financial services, utility, and cable industries.

The integration of Trintech's PayWare eIssuer(TM), PayWare eAcquirer(TM) and mAccess(TM) server technology enables Princeton eCom to substantially expand its service offerings in eCommerce and mCommerce with Trintech's complete payment infrastructure solution for eMerchants, financial institutions, telecommunication companies and technology companies, including ASPs, CSPs and wireless application service providers.

Princeton eCom intends to fully integrate mAccess(TM), eIssuer(TM) and eAcquirer(TM) with its own multi-currency payment processing services to facilitate global eCommerce and mCommerce among its broad customer portfolio including billers, financial institutions and merchants.

John McGuire, Trintech's CEO stated, "We continue to broaden our US customer base by licensing our PayWare infrastructure to Princeton eCom a trusted ASP service provider for billing software. This latest customer announcement endorses Trintech's continued mission to become the leading global multi-platform provider of secure ePayment infrastructure solutions."

Curtis R. Welling, CEO of Princeton eCom stated, "Selecting Trintech technology means that eCom's brand recognition is enhanced by association with a leading player in secure payment solutions. We believe that Trintech has clearly demonstrated its leadership position in eCommerce and now mCommerce with its eIssuer(TM), eAcquirer(TM) and mAccess(TM) products. We plan to combine our skills with the unrivalled ePayment domain expertise of Trintech to provide our customers with a powerful payment processing solution. We will use the PayWare product suite as our launch pad for our internationalization and to further deepen our current and future customer offerings."

About Trintech

Trintech is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech's secure product range is deployed in more than 35 countries worldwide and covers the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. The Group's range of scalable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including eCommerce and the emerging world of mCommerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (Tel: [phone]) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: [phone]). Trintech can be reached on the Web at http://www.trintech.com. Investor information can be found at www.trintech.com/investor.

ABOUT PayWare PRODUCTS

-- PayWare mAccess is a server-based product that seamlessly and securely
authenticates the user and transfers payment details from wireless devices
through to the payment processor for settlement.

-- PayWare eIssuer allows shoppers to simply drag-and-drop these virtual cards
from their desktops or cell phone to online merchant forms which will then be
automatically filled out with the customer's information.

-- PayWare eAcquirer is a payment gateway infrastructure solution for financial
institutions, payment processors, eCommerce service providers and card
organizations. It enables these entities to securely authorize, capture, route
and settle all card-based transactions originating from both the physical and
virtual worlds of commerce.

-- PayWare eCMS is a card management system that allows card issuers and
acquirers to manage all back office processes.

ABOUT PRINCETON eCOM

Princeton eCom, the first company to present a bill on the Internet, is a leading provider of electronic billing and payment services to more than 850 corporations, banks, financial institutions and payment partners including Ameritech, GMAC Mortgage, United Technologies, UPS, Mellon Global Cash Management, Verizon Wireless, Cellular One, Cinergy Corp., Corillian, S1, FiServ, and Jack Henry.

Through strategic alliances with banks, credit unions, home banking software providers, networks like MasterCard RPPS, and web portals, Princeton eCom has built a comprehensive bill distribution network.

Princeton eCom enables businesses to present their consumers' bills and their business invoices on the Internet and it provides consumers and businesses with the ability to access and pay those bills online, over the phone, or using a wireless digital device. It also provides electronic payment processing services to banks, credit unions, and other financial institutions.

Princeton eCom's range of services includes electronic lockbox, electronic collection, and electronic credit card balance transfer services as well as customer care and customer service programs. Princeton eCom is a privately held company. Major investors include New Century Equity Holdings (Nasdaq:NCEH), Mellon Ventures, the private equity partnership of Mellon Financial Corporation (NYSE:MEL), SG Capital Partners LLC, the U.S. merchant banking affiliate of Societe Generale, Bottomline Technologies, Terra Lycos Ventures L.P., a venture capital fund affiliated with Terra Lycos, Inc. (Nasdaq:TRLY), and BT Investment Partners, Inc.

This press release may contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any "forward looking statements" in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Factors that could cause or contribute to such differences include the growth of the eCommerce market, the ability of Princeton eCom's and other customers to fulfill their commitment to adopt Trintech's eCommerce payment technology, the availability of financial resources to continue investment in research and development and sales and marketing programs, Trintech's ability to develop, market and sell eCommerce software, the market acceptance of the SSL or SET(TM) standards for eCommerce payment transactions, and its ability to effectively respond to future changes in the ePayment software market. Actual performance may also be affected by other factors more fully discussed in Trintech's Form 20-F and Form 6-K for the quarter ended January 31, 2001 filed with the US. Securities and Exchange Commission.

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Nasdaq: TTPA     Neuer Markt: TTP

USA                  Ireland                     Germany

Trintech             Trintech                    Trintech
2755 Campus Drive    Trintech Building           Siemensstrasse 20
Suite 220            South County Business Park  63263 Neu-Isenburg
San Mateo, CA 94403  Leopardstown                Germany
USA                  Dublin 18
                     Ireland
T [phone]    T [phone]           T [phone]
F [phone]    F [phone]           F [phone]