SOURCE: Trintech Group Plc

December 05, 2005 02:24 ET

Trintech and Kyriba Partner to Deliver Treasure eNET On-Demand Cash Management Solution

Trintech's Web-based Treasure eNET Provides a Complete End-to-End Treasury and Cash Management Solution

DALLAS, TX and DUBLIN, IRELAND -- (MARKET WIRE) -- December 5, 2005 --

Dallas, Texas/Dublin, Ireland - 5 December 2005 - Trintech Group Plc (NASDAQ: TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, in partnership with Kyriba Corporation, a leading provider of real time, web- based, on-demand, cash management solutions, today announced the availability of Treasure eNET, a treasury and cash management system that aggregates all banking, market, and third-party data to and from financial partners through a unique data exchange point enabling enterprises to manage current and future cash flows centrally. As a fully hosted solution, Treasure eNET requires no local installation, and can be deployed immediately to provide businesses with rich functionality, including dynamic cash positioning, cash flow forecasting, variance analysis, administrative controls to delegate workflow, and Sarbanes-Oxley compliant controls.

"Treasure eNET allows enterprises to avoid the costs and complexity associated with installing software in-house, including meeting hardware and software requirements, securing required IT resources, and completing the implementation, while realizing the substantial and immediate benefits of a treasury workstation," said John Harte, General Manager of Trintech's Funds Management Systems Division. "Web-based Treasure eNET will quickly enable enterprises to eliminate manual or Excel-based processes, reduce duplication of effort, tighten internal control processes, and improve cash/treasury returns using tools designed by treasury experts. Additionally, Treasure eNET can replace other treasury solutions as a more effective solution at lower cost."

Through this partnership, Trintech is utilizing Kyriba's cash management technology to provide a complete end-to-end treasury and cash management solution, seamlessly integrating cash management with reconciliation, account analysis and compliance. Daily or intra-day bank account data to Treasure eNET and ReconNET is provided through the DataFlow Transaction Network. Additionally, Treasure eNET provides bank signatory capability to help maintain bank relationship data for Trintech Bank Fee Analysis customers. A rapid deployment of Treasure eNET allows enterprises to quickly optimize cash positions, centralize payment processing and coordinate multi-entity forecasting.

Whether it is forecasting, building daily treasury worksheets, covering under-funded bank balances, investing excess cash, posting to the general ledger or managing bank information - it all can be managed through Treasure eNET.

About Trintech FMS

Trintech Funds Management Systems (FMS), a division of Trintech Group, provides comprehensive, industry-leading solutions that optimize enterprise funds management including ReconNET reconciliation software, Bank Fee Analysis, and DataFlow Transaction Network and services. Trintech's FMS solutions are optimizing performance in nearly 400 leading companies in retail, hospitality, food service, insurance, banking, government and other industries, including YUM! Brands Restaurants, Foot Locker, Radio Shack, 7-Eleven, Whitbread Group, Verizon Wireless, Kroger, Regal Entertainment, Budget Rent A Car, Wendy's, Farmer's Insurance Group, and the University of Missouri. Trintech FMS is headquartered in Dallas, Texas, and can be contacted at 972-701-9802 and on the web at www.trintech.com/fms.

About Trintech

Trintech is a leading provider of transaction reconciliation and payment infrastructure solutions to retailers, financial institutions, payment processors and network operators globally. Built on 18 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation - enabling its customers to reduce transaction costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353 1 2074000), in the US at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel: +1 972 701 9802), and in the UK at The Colonnades, Beaconsfield Close, Hatfield, Hertfordshire, AL10 8YD (Tel: +44 1707 632900) and on the web at www.trintech.com.

About Kyriba Corporation

Kyriba technology empowers customers to achieve an economic advantage with treasury solutions that enhance visibility and operational control. Over 150 corporate clients, including Interpublic Group of Companies, Commerzbank, Colas S.A., Ferrero, and Peugeot use Kyriba solutions globally. As the worldwide market leader in real time, web-based on-demand Cash and Treasury Management, Kyriba's affordable tools and services put our customers in control of their liquidity, forecasting and treasury management needs. Kyriba enables its customers to meet Sarbanes-Oxley 404 audit trail workflow and control requirements. For more information, please visit www.kyriba.com.

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Trintech Press Contacts:
Dallas:
Donna Martinez,
Marketing Communications Manager,
Trintech FMS
Tel. +1 972 739 1611.
email: donna.martinez@trintech.com

Ireland:
Breda Leonard,
Director Marketing Communications,
Trintech Group Plc.
Tel. +353 1 207 4164.
email: breda.leonard@trintech.com

Kyriba Press Contact:
San Diego:
Jennifer McCarthy,
Marketing Communications Manager,
Kyriba Corporation
Tel. +1 858 764 2458
email: jmccarthy@kyriba.com


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