Source Technologies Appoints William Bouverie as President and CEO

CHARLOTTE, N.C., April 07, 2006- Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, has appointed William M. Bouverie as President and Chief Executive Officer. Mr. Bouverie brings over two decades’ experience in growing companies in data management and financial services technology industries.

As President and CEO, Bouverie will be responsible for the leadership, growth, and profitability of Source Technologies, LLC. Mr. Bouverie joins Source Technologies from Datamax Corporation where he held numerous executive positions, advancing to become President and CEO of the worldwide supplier of barcode printing solutions. As President and CEO of Datamax, he engineered a highly successful turnaround and subsequent sale of the company.

“Bill brings a strong operational skill set which will allow Source Technologies to scale more quickly,” said Miles Busby, founder of Source Technologies. “His technical and management background is ideal as Source Technologies enters the next phase of its growth cycle.”

“Source Technologies has a great history of innovation and a strong customer focus,” said Mr. Bouverie. “I’m looking forward to working with our customers, partners, and the team to take the business to the next level.”

Mr. Bouverie, highly regarded as a product development engineer, holds several patents for thermal print technologies and manufacturing techniques. He also has a degree in electrical engineering from London University.

About Source Technologies
Founded in 1986, Charlotte, N.C.-based Source Technologies is a leading provider of integrated solutions for managing financial transactions and other secure business processes. In addition to the concourse#&0153family of self-service kiosks, Source Technologies offers secure disbursement software solutions and magnetic ink character recognition (MICR) printing solutions and consumables for secure document applications.Customers include nine of the top ten U.S. Banks, plus hundreds of Fortune 1000and mid-sized companies. Source Technologies has created more than $400 million in economic value for its customers in the last ten years. For more information, visit www.sourcetech.com.