CPI News

Nashville, TN – Clear Payments, Inc. (CPI), announces today the launch of its small business electronic check deposit (ECD) product, Clear ECD which combines all components necessary for a payment distribution channel and or small business client to implement and utilize EDC. Distribution channels such as Banks and software companies such as Peachtree, the latest addition to select CPI, can now effectively manage the marketing, sales and execution of electronic check deposit through the 100% outsourced solution.

As an electronic method of creating and submitting deposits, ECD has enjoyed rapid adoption by larger companies with available budgets to implement this new and relatively expensive technology. As in any new technology, software, hardware and the infrastructure to support ECD have evolved. As the “knuckle buster” and the drive to the bank to deposit your credit card receipts disappeared with the $300 credit card terminal, ECD is now poised to make the same transition.

Software and hardware are just two components of a much larger solution. Until now, the job of education, enrollment, implementation and support of ECD has been the industry challenge. Clear ECD has taken a clear lead in online marketing and management of ECD. Just as a business would sign up for processing credit cards, the client can evaluate ECD from the technology to costs. Enrollment, training and installation can be managed without human intervention, allowing Clear Payments to pass tremendous saving to it’s distribution channel and end user base while providing a higher level of service.

Banks are quickly recognizing that electronic check deposit does not warrant significant investment nor does a bank need another specialty payment product to manage and market.

While CPI manages all levels of check processing from basic business deposit capture to high volume remittance for government and utilities, Clear EDC is targeted specifically at the small business which represents the vast majority of deposit market in number of locations. Randy Simoneaux, CEO of Clear Payments, Inc. commented “Cost has been a barrier to entry for the small business user, leaving this segment largely underserved. Clear ECD will make electronic check deposit affordable, manageable and most importantly, available to the mass market.”

In addition to the robust Clear ECD application , CPI has selected the new Micro series scanner, an evolutionary breakthrough in price performance and greatly contributes to this low cost mass market solution. Small business can now take advantage of the efficiencies and convenience ECD offers for the cost of a cellular phone plan or your cable bill. It changes the game and allows everyone to play”, said Matt Hamilton, President of CPI. “As you view the product from the online evaluation tools through enrollment and training, our commitment, vision and now the capability for our distribution channel to effectively reach the mass market provides our partners a clear advantage”.

About Clear Payments, Inc:

Clear Payments, Inc. (CPI)was previously known as Check Imaging Solutions, Inc. and is a Nashville based provider of electronic check deposit or remote deposit solutions assisting banks, commercial businesses and software integrators with full service distribution programs and products for clearing check and other electronic payment items electronically. As a payment consolidator, CPI is recognized for consulting, designing and implementing many of the countries most effective and efficient consolidated payment solutions. Thousands of customers and locations clear daily through the CPI platform.

Atlanta, GA—Sage North America announced today the availability of the Peachtree by Sage 2010 product line, offering new features and improvements that bring greater visibility, enhanced analytics, and increased productivity to small businesses. Through a unique partnership with iLumen, small businesses who use Peachtree 2010 will have seamless access to financial analysis and comparative benchmarking capabilities specific to their industry, their geography, and small businesses overall.

With the new Business Analytics(1) feature in Peachtree, powered by iLumen, small businesses can:

— See how their company is performing compared to other companies, using the new customizable company Performance Monitor dashboard.

— Use this tool to improve financial health and make critical decisions. Get instant access to view up-to-date key financial trends in order to compare items such as Total Revenue, Gross Margin %, Days Sales Outstanding, and much more.

“In the past, access to this kind of financial analysis and benchmarking data with iLumen’s service was primarily only available to banks and accountants, who in turn used it when working with clients,” said Connie Certusi, general manager, small business accounting solutions, Sage North America. “We’re thrilled to arm our small business and accountant customers with this powerful analysis tool, to help them gain a clear picture of where they are, where they are going, and where opportunities exist.”

With Business Analytics, small businesses gain access to many of the same powerful capabilities that are used by leading banks, accounting firms and larger businessess to provide financial insights and trend analyses. The feature is included for Peachtree users, making it a tremendous value for small businesses and accountants alike. They will be able to access relevant financial analysis, compare their own business performance against their industry’s performance, and gain a deeper understanding of their own business challenges and opportunities.

“We are delighted to partner with Sage and power the Peachtree product with our analytic and benchmarking capabilities,” said Michael Canzian, President, iLumen. “We have packaged our service to be ‘inside the box’ with Peachtree, making it a very unique and powerful deployment of the iLumen capabilities for their users.”

Pricing and Availability

Business Analytics, powered by iLumen, is available across the Peachtree 2010 product line. Peachtree Premium Accounting 2010, Peachtree Complete Accounting 2010, Peachtree Pro Accounting 2010 and Peachtree First Accounting 2010 are now available direct from Sage and will be available from most computer retailers and office supply stores in mid-June. The suggested retail price for Peachtree Premium Accounting 2010 is $499.99, Peachtree Complete Accounting 2010 is $299.99, Peachtree Pro Accounting 2010 is $199.99, and Peachtree First Accounting 2010 is $99.99. The Multi-User Value Pack (5 seat license) of Peachtree Complete Accounting retails for $699.99, while the Peachtree Premium Accounting 2010 Multi-User Value Pack (5 seat license) can be ordered direct from Sage for $1,199.99. Peachtree Quantum and the industry-specific solutions for accountants, distribution, nonprofits, construction, and manufacturing are now available direct from Sage Software, selected resellers, and hundreds of Peachtree Certified Consultants nationwide. The manufacturer’s suggested retail price for the industry-specific editions of Peachtree by Sage Premium Accounting 2010 are $499.99 for single user and $1199.99 for multi-user (5 seat license). 10, 15, 20, 30 and 40 seat licenses are available for Peachtree Quantum, which starts at $4450.00 for new customers, $3975.00 for upgrading customers. High value competitive rebates are available from Sage for customers on other small business accounting packages. Call 800-228-0068 for more details.

About iLumen

iLumen Inc. provides technology to capture, standardize, analyze and distribute company financial data in order to solve critical problems in risk management, relationship management and financial oversight within the banking, accounting corporate, and small business environments. iLumen’s services are based on a proprietary business intelligence and data mapping engine that delivers clean, accurate and timely customer data to enable efficiency, customer intelligence, and competitive advantage . For more information visit www.ilumen.com or call 888-663-8003. iLumen®, iDEA™, Portfolio Connection™ and Customer Connection™ are trademarks of iLumen Inc., all rights reserved.

About Sage North America

Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. At Sage, we live and breathe business every day. We are passionate about helping our customers achieve their ambitions. Our range of business software and services is continually evolving as we innovate to answer our customers’ needs. Our solutions support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage North America employs approximately 4,100 people and supports 2.9 million small and medium-size business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs more than 14,500 people and supports more than 5.8 million customers worldwide. For more information, please visit the web site at www.sagenorthamerica.com or call 866-308-2378.

(1) Internet access required. Service is embedded within Peachtree 2010, however is also available for Peachtree 2008 and 2009 products via a separate application download from www.peachtree.com.

©2009 Sage Software, Inc. All rights reserved. Sage, the Sage logos, Peachtree, and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.

Blue Bell, PA– Unisys Corporation (NYSE: UIS) today introduced a multi-function remote deposit scanner that offers companies a low-cost, easy way to deposit checks from their offices directly into their bank accounts, and provides financial institutions with a cost-effective remote capture solution for small business customers.

The new Unisys SmartSource™ Micro series, which sells for under $200, is the lowest priced check scanner available today. It also is the smallest device in the industry, measuring only 8 by 2.75 inches.

“The Unisys Micro series is the remote capture hardware solution that small businesses demand – a low cost, easy-to-use device that comes with essential functionality and none of the extra features that add cost,” said Alan Howard, president of Unisys Payment Systems. “We provide a price point where the business case for image capture makes complete sense. Both small business owners, and banks who market to them, can improve administrative functions, and also potentially provide faster access to cash flow which is especially critical in today’s tight economy.”

The Micro series scanner is completely USB powered, requiring no additional external power source. The scanner uses optical character recognition technology to read the magnetic ink character recognition (MICR) line on checks allowing for easier processing since checks do not need to be specifically aligned on the scanning path. The Micro series also can accommodate items from 0.1 to 1.0mm thick, providing additional image capture capabilities for non-check items such as driver’s licenses, coupons, and receipts. The scanner is compatible with Silver Bullet’s Ranger interface and is fully TWAIN compliant, so integration efforts for these existing applications are minimal.

As a companion to the new Micro series scanner, Unisys also offers a new complete web-based remote capture solution in conjunction with Clear Payments Incorporated (CPI), a Nashville-based software solutions provider. The new solution integrates the convenience of the Micro series scanner with CPI’s leading RemitMaster application. By eliminating additional expenses of application support and customer management, this solution lowers costs and provides greater return on investment for financial institutions looking to develop remote deposit capture programs for the small business market. Small business owners can also take advantage of this new solution regardless of their banks’ affiliation with CPI or Unisys.

“This scanner is to remote deposit capture what the POS terminal is to credit cards,” said Randy Simoneaux, chief executive officer of Clear Payments Incorporated. “By combining a solid product like the Unisys Micro series with our proven RemitMaster application, CPI and Unisys have removed the barriers of entry into the small business remote deposit capture market.”

The Micro series scanner is the newest addition to the Unisys SmartSource family of image scanning, item-processing products which work well in a variety of environments, including back office, teller, and corporate capture. Volume shipments for the SmartSource Micro series will be available on May 1, and the total solution package late second quarter of 2009. For more information, see www.unisys.com/go/micro.

About Unisys

Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With more than 28,000 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com.

Smaller banks are embracing remote deposit check-capture technology as a way to compete with major lenders.  Bankers say the technology, which allows businesses to scan check images and send them electronically to the bank, allows them to sign up more commercial business customers without building new branches.

Smaller banks such as Tennessee Bank & Trust may not have a lot of branches, but they now have the ability to compete with the major players in attracting customers - particularly small businesses - from around the world.

More community banks are investing in the remote deposit check-capture technology that allows small businesses to scan check images into a computer and electronically "ship" them to the banks.

Doctor's offices and other small businesses that process lots of checks benefit because they no longer need to physically take checks to the bank.

Banks benefit because they can sign up more of the highly sought-after commercial business customers without opening new branches. That's one reason more smaller banks are adopting remote deposit check capture.

"Banking is generally driven by brick and mortar," says Matt Hamilton, president of Check Imaging Solutions, a Nashville-based provider of check-imaging technology. "If you want to be a bank, you go out and build branches because people need a place to take their money."

"When remote deposit started, banks started to realize (they) no longer have to have a branch on every corner to accept deposits," Hamilton explains. "Remote deposit is a lot cheaper than building a bank."

The American Bankers Association's annual Community Bank Competitiveness Survey found that 16 percent of community banks surveyed currently have remote deposit capture and another 33 percent plan to offer it by the end of this year. An additional 9 percent plan to have it by 2008 or later, the survey found.

Check Imaging Solutions has continued to grow since opening in 2005. The company signed its first bank in June 2006 and less than a year later has 30 banks aboard.

The company's customers include Lexington-based FirstBank, which has $1.8 billion in assets, Gainesville Ga.-based GB&T Bankshares, which has $1.8 billion in assets, and Tennessee Bank & Trust, which is a division of Farmers Bank & Trust in Blytheville, Ark.

"We are going to bring them deposits they never would have gotten if it wasn't for this product," Hamilton says. "It's something that's actually changing the face of banking and banking is a very old institution, so that's hard to do."

Check Imaging's program is Internet-based and can be used on any computer, while many remote deposit programs are located on a specific computer hard drive and require the use of that computer.

About 30 percent of banks in the banker’s association survey said remote deposit was "an essential survival strategy," and reasons for offering it included competition, cost savings and customer requests.

Remote deposit capture also reduces processing costs for banks and makes funds available sooner than conventional branch banking.

"With remote deposit your bank can be anywhere, which allows banks like us to compete," says Doug Dawson, market development officer for Tennessee Bank & Trust.

Remote check capture is sought after because, despite the introduction of debit cards and the rise in credit card use, checks continue to be the most prevalent payment method in many small businesses.

"It wasn't too many years ago the term checkless society was floating around and it was vogue to talk about a checkless economy," says Brad Barrett, president of the Tennessee Bankers Association. "Consumers have spoken since then. Consumers and businesses like the ability to write a check." Clint Swift, director of payment strategies for the Chicago-based Bank Administration Institute, which recently shortened its name to BAI, says the volume of electronic check images being exchanged between banks continues to increase.

"It will help level the playing field," Swift says. "Small banks can be just as effective (in securing deposits) as large banks."

cyeldell@bizjournals.com 615-846-4250 Nashville Business Journal May 4-10, 2007

Nashville, TN–Check Imaging Solutions, Inc (CISI) announces the latest bank to join their Remote Deposit Capture Bank Platform. FirstBank chose Check Imaging Solutions to be the provider of their remote deposit merchant capture and remote lockbox for immediate deployment to applicable new and existing customers throughout their geographic footprint.

“We are very excited to be working with such a progressive Tennessee bank,” stated Matt Hamilton, President of Check Imaging Solutions. “FirstBank chose our platform not only for the robust remote deposit application, iStream Deposit™, that can be installed with their customers in less than 48 hours, but also because they understand the importance of a focused remote deposit marketing plan designed to gather deposits in and out of their geographic footprint.”

Check Imaging Solutions will provide it’s proprietary remote deposit capture (RDC) and remote lockbox application as part of their Bank Platform Service. The Bank Platform Service includes full customer technical support, hardware deployment, warranty and replacement services. FirstBank also utilizes a branded remote deposit sales and marketing program that provides various sales and marketing techniques, services and collateral material designed to accelerate FirstBank’s penetration to its existing and new deposit customers.

By utilizing CISI’s comprehensive solution approach, FirstBank is already in the process of implementing users on the system and remains focused on their deposit growth objectives. Mr. Hamilton added, “Our bank partners are serious about offering the best technology, service and efficiency to their business clients. We are a very focused company and appreciate when our partners recognize how our approach, experience, product and professionalism can assist them in executing their deposit objectives.”

About Check Imaging Solutions:

Check Imaging Solutions, Inc. is a Nashville based provider of remote deposit solutions assisting banks and commercial businesses with a more cost-effective method of processing and clearing check items. Check Imaging Solutions and their partner, iStream Technologies, provide remote deposit solutions in 42 states and have over 2,500 users nationwide.

About FirstBank:

Based in Lexington, TN, FirstBank is a $1.8 billion bank operating 41 branches throughout the state of Tennessee from Memphis to the Tri-Cities. FirstBank is full-service bank providing retail and commercial products, real estate lending and commercial treasury management products. FirstBank prides itself on being an integral part of the community and providing local decisions for local businesses.

Palm Desert, Calif.–Community bankers are adopting remote deposit technology much faster than they ever took to the Internet.

In a survey released Monday at the American Bankers Association’s National Conference for Community Bankers here, 58% of the respondents said they have adopted or plan to adopt the three-year-old technology by the end of next year. Fifty-eight percent also said that remote deposit capture would be their top technology-spending priority this year.

By comparison, community banks were slow to embrace Internet technology when it was in a similar stage of its life a decade ago. Only 22% of community banks that responded to a similar survey in 1997 said they had developed Web sites.

The survey was the 11th annual one conducted by the ABA Banking Journal and released at the ABA’s annual conference of community bankers.

Remote capture lets business customers convert checks into digital images in their offices and transmit the files electronically to a bank for deposit.

In this year’s survey, 30% of bankers said that the adoption of remote deposit was “an essential survival strategy,” and 24% said that they adopted it “to be on tech’s leading edge.” Also, 16% said competitors had started offering it, nearly 16% said they started offering it to cut processing costs, and 13% said that customers were asking for it.

James W. Aldrich, the chairman of the $312 million-asset Delaware Place Bank in Chicago, said at the conference Monday that his bank had implemented remote deposit services within the last 90 days.

“We’re a one-branch bank, and this provides us with a way to satisfy the needs of our customers without having to build additional branches,” he said.

Many bankers said the new offering is paying off; 65% of those using remote deposit said it has helped them attract new business customers, and 60% said that it has helped them retain current customers.

Steve Cocheo, the executive editor of the ABA Banking Journal, said that any bank that gives their business customers the gift of time is ahead of the game.

“This will become a commodity before too long, so banks that offer it first will get the credit first in customers’ minds.”

Still, some banks are not getting the results they expected.

Thomas Palmer, the president and chief executive officer of the $284 million-asset First National Bank of River Falls in Wisconsin, said that it implemented remote deposit last spring, but that so far business customers are using less than half of the 60 scanners the bank bought.

“I thought it would have been something that customers would jump on right away, because it would save them time,” he said. “But a lot of the administrators would prefer to get out of their offices and make deposits at our branches–so that they could also pick up their dry cleaning and do other errands.”

Eventually, Mr. Palmer said, he believes remote deposit will catch on in his market as more customers warm to it.

Remote deposit is not the only hot technology for bankers–53% said that they have implemented imaging technology to help them take advantage of the Check Clearing for the 21st Century Act, which makes it easier for banks to clear checks electronically and reduce float time. Twenty-three percent said they will implement such technology this year, and another 10% plan to do so next year.

Among the survey’s other findings:

• Thirty-four percent of the respondents said they had been affected by a third-party’s data security breach, and 5% said they had a breach of their own.
• Thirty-four percent let their employees carry laptops containing customer information off the premises; among those respondents, 76% encrypt the information, 31% use physical locking devices, 20% use software that turns the laptop into a “dumb terminal,” and 7% have software that shuts down and locates a stolen computer. (Respondents could choose multiple answers.)

Funding seems to be increasingly tough for bankers; 38% said that they have increased Federal Home Loan Bank borrowings over the last year, and 35% said they are using more brokered funds than they did five years ago. However, 47% said they have never used them.

Interestingly, deposits from health savings accounts have not panned out as well as supporters–namely the Bush administration–had predicted, Mr. Cocheo said. While a third of the banks surveyed offered such accounts, 83% of those banks said that they have not been a good source of deposits. Mr. Cocheo said that it may take time for account balances to add up.

Branching is as important as it ever was–78% of the bankers said it will remain community banks’ main source of growth, or roughly the same percentage who said the same thing in last year’s survey.

As far as branch convenience, 77% banks had branches that were open Saturdays, but only 5.4%, mainly in the Northeast and the Middle Atlantic, had Sunday hours. Four in 10 banks in the Northeast were open evenings, while hardly any bank in the West had evening hours. Overall, 23% of the respondents had evening hours.

As in previous years, bankers are having a tougher time finding qualified compliance officers, business lenders, information technology officers, and trust officers. But topping the list this year is chief risk officer (a new category), with 94% of the respondents saying that it was hard or very hard to find a qualified one in their market.

Mr. Cocheo said that the ABA added the category because more banks are creating the position to oversee “enterprise risk management.” Regulators are increasingly urging banks to identify, measure, and manage a range of risks–including credit, market, operational, and liquidity–and aggregate and correlate them across business lines.

When asked regulators’ biggest focus during their last bank exam, 52% of respondents said it was the Bank Secrecy Act, 27% said commercial real estate concentrations, 4% said capital ratios, and 18% said “other.” Slightly more than half the bankers said regulators had put some emphasis on enterprise risk management, while nearly a third said that there was a “great deal” of emphasis.

Overall, 23% said that their last exam last year was harder than the one before, 11% said it was easier, and 67% said it was about the same.

Bankers were also asked about their expectations for the coming year. (The survey was conducted last fall.) The bankers were split roughly evenly on whether their funding situation would be harder or stay the same; only 4% said that it would be easier.

Twenty-four percent said that loan growth would be higher, 20% said that it would be lower, and 56% said it would remain the same.

Mr. Cocheo said that a link to the full survey will be available Thursday on the ABA Banking Journal’s site, www.ababj.com.

Nashville, TN – GB&T Bancshares (GB&T) is the latest of a growing list of influential financial institutions to announce the selection of Check Imaging Solutions, Inc (CISI) to manage its Remote Deposit Capture Bank Platform. Among other factors, GB&T’s selection was largely based on CISI giving GB&T the ability to begin immediate deployment to new and existing deposit customers throughout their geographic footprint. The Bank also based its decision on the manner in which CISI’s solution offered transparency to their existing infrastructure and staff. GB&T will not be required to add or train any personnel in order to offer this full featured and 100% outsourced solution.

Check Imaging Solutions will provide it’s proprietary remote deposit merchant capture application as part of their Bank Platform Service. GB&T will now offer full featured remote deposit capture and remote lockbox through CISI’s iStream Deposit™ software platform. Under the agreement, CISI will also perform customer and technical support, hardware deployment and a warranty and replacement service. In addition, GB&T will utilize a branded remote deposit sales and marketing program that provides telemarketing services, collateral material and other data mining techniques to accelerate and maximize its market share. GB&T’s announcement conveys GB&T’s commitment to delivering tangible technology and business efficiency products to their prospective and existing clients.

“It is very exciting for Check Imaging Solutions to be partnering with such a prominent institution in the State of Georgia,” stated Matt Hamilton, President of Check Imaging Solutions. “GB&T Bancshares’ executive team understands the value that comes with a complete remote deposit merchant capture solution. They are experts at managing financial affairs of their customers and we are experts at managing remote deposit merchant capture for their customers. Together we will build a larger commercial depository base for GB&T Bancshares by implementing a very focused and proven sales and marketing strategy designed around our world-class remote deposit merchant capture technology.”

About Check Imaging Solutions:

Check Imaging Solutions, Inc. is a Nashville based provider of remote deposit solutions assisting banks and commercial businesses with a more cost-effective method of processing and clearing check items. Check Imaging Solutions and their partner, iStream Technologies, provide remote deposit solutions in 42 states and have over 2,500 users nationwide.

About GB&T Bancshares (GBTB):

Based in Gainesville, Georgia, GB&T Bancshares, Inc. is a multi-bank holding company operating seven community banks: Gainesville Bank & Trust, United Bank & Trust, Community Trust Bank, HomeTown Bank of Villa Rica, First National Bank of the South, First National Bank of Gwinnett, and Mountain State Bank. As of June 30, 2006, GB&T Bancshares had assets of $1.8 billion, with 30 banking offices located in thirteen Georgia counties. GB&T Bancshares’ common stock is listed on the Nasdaq Global Select Market under the symbol “GBTB.” Visit the Company’s website www.gbtbancshares.com for additional information about GB&T.

Nashville, TN–Check Imaging Solutions, Inc (CISI) announces the successful implementation of a remote deposit solution for Nashville based First Acceptance Corporation, US Auto (NYSE: FAC). The goal of the nationwide insurance company was to increase the productivity of its sales offices as well as automate its deposit process and consolidate it banking relationships, thereby reducing expenses.

“475 remote deposit locations were deployed, installed and trained within 60 days. Check Imaging Solutions, Inc. flawlessly designed, customized and executed the solution we needed. We streamlined 1,000 daily deposits to numerous banks each day into our primary corporate depository account”, stated Steve Harrison, CEO of First Acceptance Corporation.

FAC’s RFP received proposals from regional and national banks. “We were extremely pleased to have won the confidence of FAC considering the level of competition. Our remote deposit solution simply out performed the regional and national bank products and provided flexibility the others could not match.” said Randy Simoneaux, CEO of Check Imaging Solution.

The project plan included consulting, customized reporting and integration into FAC’s account receivables host system. Each office experienced an increase of as much as 2 hours a day in productive selling time, as agents now complete deposits in minutes and never leave their desk. The task of reconciling 1,000 daily deposits is now accomplished in only a few hours compared to the previous process which took more than 25 hours to complete.

FAC has more remote depositing locations than most community and regional banks will ever have using their remote deposit program. “While we do contract directly with large corporations to consult and implement automated remote deposit solutions, our focus is primarily providing regional and community banks with a remote deposit solution to compete against the national bank products,” says Matt Hamilton, President of CISI. “The remote deposit application is only 10% of the solution. The Banks’ problems begin when they try to manage the other major components of an effective remote deposit solution, such as hardware deployment, warranty and servicing, on-site installations, training, sales and marketing and customer service requirements. The Bank quickly realizes they do not have enough resources to allocate to these areas. CISI provides a complete solution to the Bank’s customer in hours, not months.”

Check Imaging Solutions, Inc. is a Nashville based provider of remote deposit solutions assisting community banks and commercial businesses with a more cost-effective method of processing and clearing check items. Check Imaging Solutions and their partner, iStream Technologies, provide remote deposit solutions in 42 states and have over 2,500 users nationwide.

First Acceptance Corporation (NYSE: FAC) a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The Company writes non-standard personal automobile insurance in 12 states and is licensed as an insurer in 13 additional states. Non-standard personal automobile insurance is made available to individuals who are categorized as non- As of September 1, 2006, it leased and operated 458 retail locations. First Acceptance Corporation owns two insurance company subsidiaries: First Acceptance Insurance Company, Inc. (FAIC) and First Acceptance Insurance Company of Georgia, Inc. (FAIC-GA).