Payment Solutions Provider Creditron to Co-Present at Payment Systems Seminar at 2007 AFP Conference

Toronto, ON – October 8, 2007 – Creditron, a leading provider of payment processing software and solutions, announced that it will be a co-presenter at an educational seminar at the upcoming annual AFP Conference in Boston.

The seminar titled “Overhauling Payment Acceptance: Taming the Receivables Process,” will review the transformation of one of Creditron’s larger private  sector clients’ payment systems and the solutions implemented to allow the company to process its more than 900,000 monthly payments accurately, quickly and in an automated fashion.

The session will review the process reengineering project that led the multinational corporation to explore and ultimately pursue an outsourced, electronic image based solution for its payment system.

Creditron’s Amanda Hales, will discuss the company’s role in the process, which included developing and implementing a customized and dynamic cash application system capable of applying payments quickly to help the client accurately manage the myriad of incoming payments. Co-presenting will be Bank of America and Chase Paymentech.

The annual AFP Conference in Boston brings together leading finance and treasury professionals for the purposes of networking and furthering industry education. The conference and will be held this year from October 21-24, with the seminar scheduled for 9 AM on Wednesday, October 24.

For more information about attending the seminar, call 800-704-8777 or visit www.creditron.com.

About Creditron, Inc.

Creditron Inc., a Purepay portfolio company, 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 200 North American customers process more than 200 million transactions annually, representing over $50 billion.