US Dataworks Showcases Enterprise Payments Platform at AFP Annual Conference
05 Octubre 2009 - 8:00AM
PR Newswire (US)
HOUSTON, Oct. 5 /PRNewswire-FirstCall/ -- US Dataworks (AMEX:UDW),
a leading developer of payment processing solutions, showcases its
enterprise payments platform, Clearingworks®, this week at the AFP
Annual Conference from October 4 -7, 2009 in San Francisco, CA. The
industry's first deployed enterprise payments platform,
Clearingworks is a critical tool for helping banks, billers and
service bureaus transform their payments environment from
transaction processing to returns management. By using
Clearingworks to automate multi-channel transaction processing and
clearing, organizations can significantly improve operational
efficiency, reduce cost and more effectively manage converging
paper-based and electronic payments processes -- all key
requirements in our challenging economy. Visitors to the US
Dataworks expo booth (No. 314) can meet company representatives and
see an overview of Clearingworks, including its components for ACH,
WEB, Tel and remittance processing, check processing, payments
decisioning, and returns management. "US Dataworks' enterprise
payments platform is flexible, enables continuous change and
provides financial institutions and service bureaus with the
infrastructure to better manage their entire transaction
environment," commented US Dataworks President and COO Mario
Villarreal. "Banks and billers currently face tremendous pressures
to upgrade their payments platforms to handle the ever-expanding
variety of emerging payment channels, all under limited budgets.
The good news is that Clearingworks is a proven solution to
simplify complex payment collections processing and reduce costs."
AFP's Annual Conference features keynote speakers, interactive
sessions and pre-conference workshops delivering insight on
industry trends and the strategies necessary for finance
professionals to navigate the uncertain economy while transforming
their operations. "US Dataworks is uniquely positioned to help
banks, billers and service providers reduce payments processing and
clearing costs and improve operational efficiency," said
Villarreal. "No other company has the full range of capabilities
that banks and billers need to streamline the entire transaction
lifecycle, including payments processing, check processing,
payments, remote deposit capture, payments decisioning and routing,
and returns management." About US Dataworks, Inc. US Dataworks is a
developer of payment processing solutions, focused on the Financial
Services market, federal, state and local governments, billers and
retailers. Software developed by US Dataworks is designed to enable
organizations to transition from traditional paper-based payment
and billing processes to electronic solutions that automate
end-to-end processes for accepting and clearing checks. Additional
information about US Dataworks is available at
http://www.usdataworks.com/. Certain statements made in this press
release (other than the historical information contained herein)
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, as amended,
including, but not limited to, statements regarding our expectation
of continued growth, the benefits of our recent restructuring, the
anticipated features and benefits of our new distribution payment
capture solution, our vision for payment processing and our new
solutions' ability to provide a higher return on investment for our
clients. Any forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially,
including, but not limited to, the failure of our new solution to
perform as anticipated, our ability to provide long-term customer
value and agility, our ability to protect our intellectual
property, our position in the marketplace, our ability to develop
and timely introduce products that address market demand, the
impact of alternative technological advances and competitive
products, market fluctuations, our ability to avoid being delisted
from the NYSE Alternext US (formerly the American Stock Exchange),
our ability to repay, refinance or extend the maturity date of our
debt, 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
year ended March 31, 2009 and its quarterly report on Form 10-Q for
the three months ended June 30, 2009. These forward-looking
statements speak only as of the date hereof. US Dataworks disclaims
any obligation to update these forward-looking statements.
CONTACTS: Charles Ramey, CEO Donald C. Weinberger US Dataworks,
Inc. Wolfe Axelrod Weinberger Assoc. LLC Tel. (281) 504-8100 Tel.
(212) 370-4500 Fax (212) 370-4505 DATASOURCE: US Dataworks, Inc.
CONTACT: Charles Ramey, CEO of US Dataworks, Inc., +1-281-504-8100;
or Donald C. Weinberger of Wolfe Axelrod Weinberger Assoc. LLC,
+1-212-370-4500, Fax, +1-212-370-4505 Web Site:
http://www.usdataworks.com/
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