Trintech Group Plc: The Antioch Company utilizes PayWare ERP and Card Secure to enable swift and secure electronic payment processing


DALLAS and DUBLIN, Ireland, Feb. 7, 2005 (PRIMEZONE) -- U.S. multinational printing company combines two Trintech solutions to automate card processing from any acceptance location -- physical, mail-order, and Internet.

Trintech Group Plc (Nasdaq:TTPA) (Prime Standard: TTP), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that the Antioch Company has selected PayWare ERP and Card Secure to enable secure and cost-effective payment card processing.

Based in St. Cloud, Minnesota, the Antioch Company is a leading supplier of printed products, including diaries, journals, and photo-albums. By combining PayWare ERP and Card Secure together, the Antioch Company is able to automate the acceptance of all types of payment cards and ensure all transaction data is fully secure. PayWare ERP links directly into the company's existing enterprise resource planning system, ensuring seamless processing of transactions between Antioch and its acquirer from any source, including physical locations, mail-order/telephone-order (MOTO), and the Internet. Card Secure, meanwhile, provides industrial-strength encryption of card data.

"The addition of Trintech's PayWare ERP and Card Secure has helped us to meet our goal of providing excellent customer service and improved operational efficiencies," said Steve Hawrysh at the Antioch Company. "We were very pleased with Trintech's commitment to provide a robust payment solution tailored to our needs, and were impressed by Princeton Payment Solution's professionalism during the installation process."

Princeton Payment Solutions, a reseller of Trintech solutions in the U.S., worked directly with the Antioch Company to install the Card Secure product.

"The Antioch Company has been a valuable Trintech customer for a number of years and we were delighted to work with them again on the installation of Card Secure," said Eamon Keating, General Manager of Trintech's Payments Division. "Trintech's mission is to develop electronic payment solutions that provide greater efficiencies and security for corporations, thereby enhancing the effectiveness of card payments."

About The Antioch Company

Founded in 1926 by a man with an eye for recycling and a belief in human potential, The Antioch Company has since grown into a multinational organization consisting of operating and business units located in Ohio, Minnesota, Nevada, and Virginia. The direct-selling division encompasses the U.S. and Puerto Rico, Canada, Australia, New Zealand, Germany, Japan and the United Kingdom, with expansion planned in other European countries. The Antioch Company employs more than 1,000 people and manufactures, packages and markets more than 3,000 products, including bookplates, bookmarks, journals, diaries, address books, sketchbooks and photo-albums to tens of thousands of independent sales Consultants and retail dealers.

About PayWare ERP

PayWare ERP provides seamless and tight integration of the payment acceptance function into enterprise and resource planning (ERP) systems and retail automation applications, allowing corporations to leverage their ERP system to realize operational efficiencies and cost benefits. Supporting multiple financial and communication protocols, PayWare ERP manages both the authorization and settlement of transactions between acquiring institutions and ERP-based merchants and businesses.

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 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (Tel: +44 (0) 1707 827000). www.trintech.com.

To view this release as a .pdf visit the following link: http://hugin.info/130706/R/979006/144775.pdf



            

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