eGistics and US Dataworks Announce Strategic Alliance for Integrated Distributed Capture and Archive Services

  
    
  
  
    
      eGistics, Inc. and US Dataworks, Inc. (Amex: UDW) today announced a 
      strategic alliance to help billers and retailers streamline the 
      management of remotely captured images and data. The companies, 
      capitalizing on their respective world-class capabilities, are providing 
      distributed capture users with a hosted archive solution that improves 
      staff and customer access to images and data and speeds exceptions 
      processing.
    
    
      “eGistics is excited to team with US Dataworks 
      to deliver a unique value to distributed capture users,” 
      said Ed Pearce, executive vice president of sales and corporate 
      development for eGistics. “This integrated 
      hosted solution enables billers and retailers to have the power to 
      better understand and track their cash position, strengthen transaction 
      exceptions processing, and offer an enhanced customer experience by 
      providing authorized users with access to images and data, whenever and 
      wherever they need them, via Web connection.”
    
    
      “The shift we’re 
      seeing in the banking industry from in-person branch deposits to digital 
      distributed processes is as significant as the move to electronic 
      transactions by billers and retailers,” said 
      Terry Stepanik, president, US Dataworks. “By 
      creating an integrated distributed capture and archive solution, and 
      enabling secure processes for retrieving transaction images and data via 
      broadband connection, eGistics and US Dataworks will help enterprises 
      maximize their payments assets in this changing market.”
    
    
      US Dataworks’ flagship solution, 
      Clearingworks, overcomes the challenges of the traditional check 
      clearing process by reducing the number of times a check is handled and 
      enabling the depositor to have more control over the entire 
      check-clearing process. At the point-of-sale, Clearingworks gives 
      merchants the flexibility to take checks in lane and convert them to 
      ACH, substitute checks or image exchange items. Checks can be either 
      scanned at the cash register and converted to an electronic transaction 
      immediately (“Point of Purchase” 
      or POP processing) or consolidated throughout the day and converted in a 
      nightly batch process in the back office (“Back 
      Office Conversion”).
    
    
      Under the agreement announced today, the SAS 70-compliant eGistics 
      solution provides for the hosted long-term archive of images and data 
      for US Dataworks clients. US Dataworks transmits client check and 
      payment images and related business data to eGistics for indexing, 
      archive and retrieval. Authorized personnel of US Dataworks client 
      organizations have the ability to access same-day payments data and 
      images via secure broadband connections; eGistics is providing a 
      tailored, private-labeled Web interface for image review and research.
    
    
      The alliance with US Dataworks is part of eGistics’ 
      broader strategy to build on its archive market leadership as banks and 
      billers migrate to electronic payments capture and clearing.
    
    
      About US Dataworks, Inc.
    
    
      US Dataworks is a developer of payment processing solutions, focused on 
      the financial services market, federal, state and local governments, 
      billers, and retailers. Software developed by US Dataworks is designed 
      to enable organizations to transition from traditional paper-based 
      payment and billing processes to electronic solutions that automate 
      end-to-end processes for accepting and clearing checks. To learn more, 
      visit www.usdataworks.com.
    
    
      About eGistics, Inc.
    
    
      eGistics pioneered the use of hosted image and data archive, management 
      and delivery services in the financial services marketplace, delivering 
      scalable platform services normally associated with software in a 
      service environment (“SAS”). 
      Today, its Infinite Digital Architecture (IDA) archives billions of 
      images and supports mission-critical payments applications for the world’s 
      leading financial services companies. Through its hosted business model, 
      eGistics has consistently delivered significant business benefits for 
      payments applications such as retail and wholesale receivables 
      processing, check processing/Check 21, medical payments processing 
      (EOBs) and records management, and loan processing and management. For 
      more information, visit www.egisticsinc.com 
      or call 214-256-4600.
    
    
      “eGistics” 
      and variations of the name are the property of eGistics, Inc., and are 
      protected pursuant to an application filed with the United States Patent 
      and Trademark Office.