US Dataworks Showcases Multi-Channel Payments Solutions During TAWPI 2008 Forums & Expo
21 August 2008 - 11:00PM
PR Newswire (US)
HOUSTON, Aug. 21 /PRNewswire-FirstCall/ -- At The Association for
Work Process Improvement's (TAWPI) 2008 Forums & Expo in
Orlando next week, US Dataworks, Inc. (AMEX:UDW), a leading
developer of payment processing solutions, will showcase
multi-channel payments processing and clearing solutions that span
the transaction lifecycle -- from payments processing to returns
management. Featured solutions will include modules for payments
processing, retail processing, check processing, payments
decisioning, and returns management. All of the solutions are built
on US Dataworks' Clearingworks(R), the first deployed enterprise
payments processing and clearing platform for the end-to-end
handling of paper and electronic payment channels. US Dataworks
will provide demonstrations of Clearingworks in its booth (No.
717). In addition, US Dataworks' President and Chief Operating
Officer, Mario Villarreal, will join a Clearingworks financial
services customer and a leading industry consultant in presenting a
session on the business case for deploying an enterprise
multi-channel payments processing solution. The presentation is
scheduled for Wednesday, August 27 at 8:30 a.m. "For years, US
Dataworks has been closely involved with TAWPI, sharing the common
goal of helping banks, billers and service providers bring down
operational silos to better manage multiple payment channels and
reduce overhead, enhance service, and increase corporate agility,"
Villarreal said. "This year, we are demonstrating the power of
end-to-end payments processing and clearing through a presentation
with our customer and an industry consultant." "US Dataworks'
participation as an exhibitor and speaker for our annual forums and
expo demonstrates their commitment to helping TAWPI members achieve
their goals," said TAWPI President Frank Moran. "As billers face
pressure to migrate from paper-based to electronic payments, and
execute more complex tasks under limited budgets, they will look
for ways to reduce total costs, increase worker productivity and
improve business results." Held August 24-27 at Disney's
Contemporary Resort in Orlando, the TAWPI 2008 Forums & Expo
features an exposition, executive presentations and educational
forums focused on payments automation, documents and forms
automation, and distributed capture. "We believe US Dataworks is
uniquely positioned to help billers, banks and service providers
reduce payments processing and clearing costs and improve customer
service," said Villarreal. "No other company has the full range of
capabilities that users need to streamline the entire transaction
lifecycle, including payments processing, retail processing, check
processing, payments decisioning and routing, and returns
management." About US Dataworks, Inc. Payments automation solutions
from US Dataworks help financial institutions, businesses and
government entities deploy an enterprise payments and receivables
infrastructure that processes and manages paper-based and
electronic transactions more efficiently and with less risk.
Designed to complement an organization's legacy systems and
business processes, our enterprise payments solution delivers
capabilities for payments processing, retail payments processing,
check processing, payments decisioning, and returns management. Our
agile enterprise payments approach is particularly important as
organizations migrate from traditional paper-based payment and
billing processes towards electronic payments and straight-through
processing. For more information visit http://www.usdataworks.com/.
Except for the historical information contained herein, the matters
set forth in this press release, including, but not limited to,
statements regarding the Company's participation at TAWPI, the
anticipated benefits of the Company's solutions and our ability to
assist in reducing our customers costs, are forward-looking
statements within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, including, but
not limited to, the Company's position in the marketplace, our
ability to develop and timely introduce products that address
market demand, the risk that customers may cease using our
products, the impact of alternative technological advances and
competitive products, market fluctuations 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 period ended March 31, 2008 and
its quarterly report on Form 10-Q for the period ended June 30,
2008. These forward-looking statements speak only as of the date
hereof. US Dataworks disclaims any obligation to update these
forward-looking statements. CONTACTS: Mario Villarreal, President
& COO US Dataworks, Inc. Tel. (866) 337-5477 Donald C.
Weinberger Wolfe Axelrod Weinberger Assoc. LLC Tel. (212) 370-4500
Fax (212) 370-4505 DATASOURCE: US Dataworks, Inc. CONTACT: Mario
Villarreal, President & COO of US Dataworks, Inc.,
1-866-337-5477; or Donald C. Weinberger of Wolfe Axelrod Weinberger
Assoc. LLC, +1-212-370-4500, Fax, +1-212-370-4505, for US
Dataworks, Inc. Web site: http://www.usdataworks.com/
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