MI Marshall & Ilsley Corp

M&I Marshall & Ilsley Bank Accepts First Electronic Deposit from Merchant Capture Customer, Brady Corporation MILWAUKEE, Feb. 7 /PRNewswire-FirstCall/ -- M&I Marshall & Ilsley Bank (M&I) has successfully processed its first electronic deposit from a merchant capture customer, Brady Corporation. Brady recently installed M&I's merchant capture service, a distributed capture solution from Advanced Financial Solutions (AFS), that allows for check image capture and electronic deposit of remittances. The merchant capture solution for Brady Corporation includes a small desktop scanner linked to a PC that is running image capture software at their location. With the scanner and software, Brady was able to capture front and back check images, along with MICR information. The check deposit information was balanced and verified to confirm that the total amount scanned matched the expected deposit amount, then submitted electronically to M&I's processing center for clearing. "M&I has made significant investments in electronic imaging and clearing, and we are pleased with the simplicity and speed of this first electronic deposit," said Gina A. Peter, senior vice president, M&I Marshall & Ilsley Bank. "We look forward to working with other corporate customers who would like to take advantage of the benefits merchant capture can offer, such as improved collection speeds and an extended processing window." According to Barbara Bolens, vice president and treasurer, director of investor relations, Brady Corporation, "M&I's merchant capture service is intuitive and easy to use. We were impressed with both the speed of deposit and the simplicity of the system. Merchant capture should save us many trips to the bank and help us to streamline our deposit process." About Brady Corporation Brady (NYSE:BRC) is an international manufacturer and marketer of identification and materials solutions, with products including labels, signs, precision die-cut materials, printing systems, software, and label-application and data-collection systems for electronics, telecommunications, manufacturing, electrical, and a variety of other markets. Founded in 1914, Brady is headquartered in Milwaukee and employs more than 4,000 people in operations in the United States, Europe, Asia/Pacific, Latin America and Canada. The company had sales of $671 million in fiscal 2004. More information is available on the Internet at http://www.bradycorp.com/ . About Advanced Financial Solutions Founded in 1992, Advanced Financial Solutions, a Metavante company, has delivered high-quality image based check processing solutions to the financial services industry. AFS was one of the first companies to offer image and item processing technology based on the Microsoft Windows operating platform. All AFS check imaging solutions are designed from the ground up with the functionality that banks and remittance processors need for operating in a high capacity transaction-based environment. Based in Oklahoma City, AFS became a wholly owned subsidiary of Metavante Corporation on July 1, 2004. Visit AFS on the Web at http://www.afsimage.com/ . About M&I Marshall & Ilsley Bank M&I Marshall & Ilsley Bank is an affiliate of Marshall & Ilsley Corporation (NYSE:MI), a diversified financial services corporation headquartered in Milwaukee, Wis., with $40.4 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank has the largest banking presence in Wisconsin with 196 offices throughout the state. In addition, M&I has 34 locations throughout Arizona; 11 offices in metropolitan Minneapolis/St. Paul, Minn.; and, locations in Duluth, Minn.; Las Vegas, Nev.; and, Naples and Bonita Springs, Fla. M&I's Southwest Bank affiliate has six offices in the St. Louis area and one office in Belleville, Ill. Metavante Corporation, Marshall & Ilsley Corporation's wholly owned technology subsidiary, provides virtually all of the technology an organization needs to offer financial services. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet ( http://www.mibank.com/ or http://www.micorp.com/ ). M&I's customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry. DATASOURCE: M&I Marshall & Ilsley Bank CONTACT: Patty Cadorin, Vice President, Corporate Communications Director of M&I Marshall & Ilsley Bank, +1-414-765-7814 Web site: http://www.micorp.com/ http://www.mibank.com/ http://www.afsimage.com/ http://www.bradycorp.com/

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