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Trintech Group Plc's AssureNET GL selected by BAE Systems Shared Services.

TELECOMWORLDWIRE-6 August 2008-Trintech Group Plc's AssureNET GL selected by BAE Systems Shared Services(C)1994-2008 M2 COMMUNICATIONS LTD

Trintech Group Plc (Nasdaq: TTPA), which provides integrated financial governance, transaction risk management and compliance solutions, revealed on 5 August that AssureNET GL has been adopted by BAE Systems Shared Services.

AssureNET GL is an automated reconciliation software system that also ensures internal controls and compliance. BAE Systems Shared Services is using it to enhance the timeliness and accuracy of its balance sheet account reconciliations, Trintech said.

Richard Rowe, BAE Systems' financial controller, Accounting Services, said that AssureNET GL will provide better visibility and control. In the future the company is planning to extend the application to underpin its Financial Controls Framework through AssureNET GL's task management workflow.

No financial terms of the implementation were disclosed.

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Date:Aug 6, 2008
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