-- Creditron to Showcase Payments Solutions at GFOA Conference --

 MISSISSAUGA, Ontario, Canada, June 5, 2007 – Creditron, Inc. is showcasing several productivity-enhancing payments automation and receivables managements products for government finance professionals at the Government Finance Officers Association’s (GFOA) Annual Conference June 10 through June 13 at the Anaheim Convention Center in Anaheim, CA.  Visitors to Creditron’s expo booth, No. 309, can see live presentations of some of the industry’s most advanced transaction products, including payments processing products, electronic check clearing solutions, and an electronic bill presentment and payment offering.

Visitors to the booth also can register for a chance to win an iPod® SHUFFLE.

The GFOA Conference is the premier event for the public-sector finance professional and attracts an exclusive group of decision makers who represent the municipal, county, state, provincial and federal levels of government from around the U.S., Canada and abroad.

“The government sector is under tremendous pressure to contain escalating costs while continually improving operations efficiency and the quality of constituent care.  Creditron’s solutions help transform government processes and streamline payments processing across the enterprise – from tax payments to sewer and water bills to license fees,” stated Creditron President Wally Vogel.   “Our participation at the GFOA Conference is an excellent venue to demonstrate the power and flexibility of our products for government finance professionals.”

Timely and accurate processing of government payments is critical, not only to maximize cash flow, but also for constituent service.  For example, when an account is in arrears and up for disconnect or suspension of service, government users must know when a check arrives.  Creditron’s RP$ Hot File notifies users as soon as a check is scanned, so they can take action. 

 The security and audit features of RP$ ensure accurate account postings to eliminate mis-posted payments and avoid costly error correction and potential legal issues.  RP$ also can handle multiple amounts for multiple services, plus net and gross payment amounts.  With the RP$ courtesy and legal amount recognition feature, governments can process mixed net and gross payments, partial payments, and multiple payments without sorting.  And RP$ Mark Sense can automatically interpret change of address or other markings on a remittance.

 About Creditron Inc.

Founded in 1994, Creditron Inc. is a leading provider of payment processing software and services.  Its solutions combine industry standard operating systems and advanced imaging, scanning and data recognition technology to help low and mid-volume remittance processors optimize operations performance and improve customer service.  The company’s 190 North American customers process more than 200 million transactions annually, representing over $50 billion.  Creditron is a Microsoft Certified Partner, a Microsoft Great Plains Solution Partner, a SunGard/HTE approved solution provider, and an authorized reseller for NCR and OPEX payments systems in the U.S. and Canada.  For more information, call 800-704-8777 or visit www.creditron.com.

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