CREDITRON ANNOUNCES NEW ROI CLIENT/SERVER VERSION TO AUTOMATE CHECK PROCESSING FOR REMOTE USERS

MISSISSAUGA, ON - June 16, 2004: Creditron Inc. announces a new version of Receivables Open Invoice (ROI) for Microsoft Business Solutions-Great Plains. The new client/server version of ROI allows organizations using Great Plains in a Citrix or Terminal Server environment to automate check processing across remote locations.

Creditron’s president, Wally Vogel commented, “The new client/server version of our ROI solution now allows more businesses using Great Plains to take advantage of this cost effective solution. ROI saves valuable time and money by automating incoming payment processes and frees employees’ time to cultivate customer relationships, and improve customer service by accurately and promptly posting payments to customer accounts.”

Using ROI, checks are automatically image scanned and applied to open invoices in your customer's account - taking into consideration credits, returns and discounts. This cost effective solution allows payments to be applied and posted in less time and scanned images are archived and easily accessible - no more need for photocopies. ROI performs all of the functions of manual payment processing and more:

• Image and MICR Scans checks automatically
• Recognizes the payer-customer based on the information on the check
• Determines the check amount automatically, reading both typed and handwritten dollar amounts
• Matches payment amounts to open invoices within a customer’s account
• Accounts for any debits, credits, or discounts when applying the payment
• Captures and archives check images for future research, eliminating the need for photocopies
• Prepares itemized listings for bank deposits.
• Provides same-day postings for most incoming payments

Streamlining Great Plains payment processes with Creditron ROI solution improves customer service and secures a profitable bottom line for businesses.