Official Payments Signs Agreement with Peralta Community College District

  
    
  
  
    
      Official Payments Corp.®, 
      http://www.officialpayments.com, 
      a subsidiary of Tier Technologies, Inc. (Nasdaq: TIER), http://www.tier.com, 
      today announced that it has signed an agreement to provide electronic 
      payment services at the Peralta Community College District. Official 
      Payments’ payment system integrates seamlessly 
      with the college’s PeopleSoft (http://www.oracle.com/peoplesoft) 
      Enterprise Resource Planning (ERP) system to process credit, debit card, 
      and electronic check payments over the web, telephone, and face-to-face 
      for 31,000 students at all college locations.
    
    
      Students at each of Peralta’s four colleges 
      will be able to pay their fees online or by telephone with American 
      Express®, Discover ®, 
      MasterCard® and VISA ® 
      cards, as well as electronic check, using the college’s 
      web site and the number that appears on their bill. The online and 
      telephone service will be available 24 hours a day, seven days a week. 
      Students will also be able to pay in person, using these options, at the 
      individual college locations.
    
    
      Official Payments has a partnership with PeopleSoft Inc., and other top 
      Enterprise Resource Planning (ERP) systems providers in the higher 
      education industry. Official Payments enables seamless integration with 
      these ERP systems, as well as with legacy systems, for such services as 
      viewing balances and making payments.
    
    
      Peralta Community College District includes four colleges that serve 
      31,000 students. These colleges are Berkeley City College in Berkeley; 
      College of Alameda in Alameda; Laney College, located in downtown 
      Oakland and Merritt College, nestled in the hills above San Francisco 
      Bay.
    
    
      “We are pleased that the Peralta Community 
      College District has chosen Official Payments to fulfill its payment 
      processing requirements. Peralta joins 45 other higher education 
      institutions that have chosen Official Payments this year,” 
      said Ronald L. Rossetti, Chairman and Chief Executive Officer of Tier. “We 
      continue to expand our footprint in the higher education market, and are 
      committed to providing valuable services to administrators and students,” 
      continued Rossetti.
    
    
      Students using credit or debit cards with bonus rewards programs may, 
      depending on their card's program, earn reward points, airline frequent 
      flyer miles or cash back for paying their higher education obligations.
    
    
      About Official Payments Corp.
    
    
      Official Payments Corp., a wholly owned subsidiary of Tier Technologies, 
      Inc., delivers innovative electronic payment processing services to 
      governments, businesses and consumers in throughout the United States. 
      Headquartered in Reston, Virginia, Official Payments' clients are 
      comprised of nearly 2,700 federal, state, and local governments and 
      agencies including the IRS, educational institutions, utilities and 
      commercial clients. Since 1996, Official Payments Corp. has enabled 
      electronic payments to be processed faster and more securely. For more 
      information, visit www.officialpayments.com
    
    
      About Tier Technologies, Inc.
    
    
      Tier Technologies, Inc. primarily provides federal, state and local 
      government and other public sector clients with electronic payment 
      processing and other transaction processing services. Tier's electronic 
      payment processing clients include over 3,000 federal, state, and local 
      governments, educational institutions, utilities and commercial clients 
      throughout the U.S. Tier is headquartered in Reston, Virginia. For more 
      information, see www.tier.com.
    
    
      Statements made in this press release that are not historical facts, 
      including statements regarding expectations for future revenues, 
      earnings, and expenses, are forward-looking statements that are made 
      pursuant to the safe harbor provisions of the Private Securities 
      Litigation Reform Act of 1995. Tier undertakes no obligation to update 
      any such forward-looking statements. For a discussion of the factors 
      which may cause our actual events or results to differ from those 
      projected, please refer to the Company's annual report on Form 10-K for 
      the fiscal year ended September 30, 2007, and other reports filed with 
      the SEC.