HOUSTON, Aug. 21 /PRNewswire-FirstCall/ -- At The Association for Work Process Improvement's (TAWPI) 2008 Forums & Expo in Orlando next week, US Dataworks, Inc. , a leading developer of payment processing solutions, will showcase multi-channel payments processing and clearing solutions that span the transaction lifecycle -- from payments processing to returns management.
Featured solutions will include modules for payments processing, retail processing, check processing, payments decisioning, and returns management. All of the solutions are built on US Dataworks' Clearingworks(R), the first deployed enterprise payments processing and clearing platform for the end-to-end handling of paper and electronic payment channels. US Dataworks will provide demonstrations of Clearingworks in its booth (No. 717).
In addition, US Dataworks' President and Chief Operating Officer, Mario Villarreal, will join a Clearingworks financial services customer and a leading industry consultant in presenting a session on the business case for deploying an enterprise multi-channel payments processing solution. The presentation is scheduled for Wednesday, August 27 at 8:30 a.m.
"For years, US Dataworks has been closely involved with TAWPI, sharing the common goal of helping banks, billers and service providers bring down operational silos to better manage multiple payment channels and reduce overhead, enhance service, and increase corporate agility," Villarreal said. "This year, we are demonstrating the power of end-to-end payments processing and clearing through a presentation with our customer and an industry consultant."
"US Dataworks' participation as an exhibitor and speaker for our annual forums and expo demonstrates their commitment to helping TAWPI members achieve their goals," said TAWPI President Frank Moran. "As billers face pressure to migrate from paper-based to electronic payments, and execute more complex tasks under limited budgets, they will look for ways to reduce total costs, increase worker productivity and improve business results."
Held August 24-27 at Disney's Contemporary Resort in Orlando, the TAWPI 2008 Forums & Expo features an exposition, executive presentations and educational forums focused on payments automation, documents and forms automation, and distributed capture.
"We believe US Dataworks is uniquely positioned to help billers, banks and service providers reduce payments processing and clearing costs and improve customer service," said Villarreal. "No other company has the full range of capabilities that users need to streamline the entire transaction lifecycle, including payments processing, retail processing, check processing, payments decisioning and routing, and returns management."
About US Dataworks, Inc.
Payments automation solutions from US Dataworks help financial institutions, businesses and government entities deploy an enterprise payments and receivables infrastructure that processes and manages paper-based and electronic transactions more efficiently and with less risk. Designed to complement an organization's legacy systems and business processes, our enterprise payments solution delivers capabilities for payments processing, retail payments processing, check processing, payments decisioning, and returns management. Our agile enterprise payments approach is particularly important as organizations migrate from traditional paper-based payment and billing processes towards electronic payments and straight-through processing. For more information visit http://www.usdataworks.com/.
Except for the historical information contained herein, the matters set forth in this press release, including, but not limited to, statements regarding the Company's participation at TAWPI, the anticipated benefits of the Company's solutions and our ability to assist in reducing our customers costs, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the Company's position in the marketplace, our ability to develop and timely introduce products that address market demand, the risk that customers may cease using our products, the impact of alternative technological advances and competitive products, market fluctuations and other risks detailed from time to time in the SEC reports of US Dataworks, including its annual report on Form 10-K for the period ended March 31, 2008 and its quarterly report on Form 10-Q for the period ended June 30, 2008. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements.
CONTACTS: Mario Villarreal, President & COO US Dataworks, Inc. Tel. (866) 337-5477 Donald C. Weinberger Wolfe Axelrod Weinberger Assoc. LLC Tel. (212) 370-4500 Fax (212) 370-4505
