Source Technologies Releases CheckPartner Enterprise Disbursement Software

-Payment platform offers secure Web-based distributed check printing for businesses-

Charlotte, NC., March 08, 2007-Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced the general availability of CheckPartner Enterprise™, offering similar functionality as the company's CheckPartner departmental payment solution, but with enhanced capabilities for extended-enterprise deployments.

CheckPartner Enterprise allows remote users to request, receive approval and print disbursements locally-- even via the Internet-- while maintaining centralized visibility and control. This lets businesses of all kinds cut costs by automating manual issuance processes, expediting check disbursement and improving customer satisfaction. When used together with Source Technologies' encryption-enabled magnetic ink character recognition (MICR) laser printers, CheckPartner Enterprise helps companies virtually eliminate official check fraud. The expanded enterprise capabilities enable an entire organization to use CheckPartner Enterprise's payment capabilities, regardless of location.

For financial institutions working with mortgage closing attorneys and title companies, CheckPartner Enterprise's unique remote funding functionality and security capabilities lets them extend check printing to the closing agent's office. Printing closing checks locally on-demand eliminates wire transfers and check couriering. It also reduces check amount errors and the expensive void-reissue-reconcile cycle so common to mortgage lending.

"CheckPartner Enterprise is the first commercially available platform that lets companies of all sizes print checks securely at any location," said Glen Fossella, vice president of Marketing for Source Technologies. "Not only can companies give check printing autonomy to remote branch locations, it also lets them collaborate with trusted partners on disbursements of all kinds, resulting in lower costs and more responsive customer service."

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 its family of secure disbursement software, Source Technologies offers magnetic ink character recognition (MICR) printers and consumables, and the ground-breaking concourse™ family of branch automation and self-service solutions. Customers include nine of the top ten U.S. Banks, plus hundreds of community banks, credit unions, Fortune 1000 and mid-sized companies. Source Technologies has created more than $500 million in economic value for its customers in the last ten years. For more information, visit www.sourcetech.com.