eGistics, Inc., the leading provider of on-demand image and data archive, management and delivery services to the financial services market, today announced a strategic alliance with Solutran, Inc. to deliver on-demand, image-enabled returned check management services for organizations that process high volumes of consumer payment transactions. The alliance will solve many of the demanding challenges in managing returned checks, such as providing efficient and timely access to images and data of returned checks and accelerating processing times.

The partnership also lays a solid foundation to enable Solutran to take advantage of eGistics' on-demand capabilities in response to emerging Check 21 and electronic payment initiatives.

"The next generation of returned check management is sweeping across retailing and other services industries. Consumer payment processors understand the competitive advantages and significant cost savings that can be found by improving returned check management through on-demand image and data archival, management and delivery," stated Solutran President and CEO Barry J. Nordstrand. "The reliability and robust functionality of eGistics' on-demand platform, combined with Solutran's broad returned check services, offers a total solution to payments organizations looking for high ROI in a rapidly changing industry."

"This alliance creates synergies that will both deepen our vertical expertise and significantly expand our footprint across the financial services industry," stated eGistics Executive Vice President Gary Provo. "Solutran clients will benefit from advanced returned check solutions on our leading- edge on-demand image and data platform, for accelerated improvements in cost reductions, risk control and customer service. Solutran's returned check expertise and leadership in the retail arena will build on the momentum eGistics is creating for the on-demand approach."

Solutran's services are designed to manage an organization's returned checks as efficiently and cost-effectively as possible. Solutran's returned check services include: consolidated returns (RCC), re-presented check entry (RCK), service fee recovery, data capturing, and digital imaging. Solutran can process all of an organization's NSF (non-sufficient funds) checks, even RCK-ineligible items.

The Solutran strategic alliance is another example of eGistics' commitment to go to market with leading software and service providers through its partner alliance program. Under this initiative, eGistics has signed agreements with leading companies in targeted industries such as financial services, mortgage banking and healthcare for solution segments including lockbox processing, Check 21 and exceptions management. The goal is to provide partners new opportunities through eGistics' on-demand platform.

About Solutran, Inc.

For more than 20 years, Solutran has provided a full range of treasury management solutions to corporations and financial institutions. Solutran's customized solutions span the payment spectrum, from paper check processing and conversion to fully electronic payment processing. Services offered include depository processing, accounts receivable truncation, controlled disbursement services, and returned check management and conversion services. Headquartered in Minneapolis, Solutran maintains relationships with 10 affiliate-processing centers across the United States and Canada. Visit Solutran online at http://www.solutran.com or call 888-765-8872.

About eGistics, Inc.

eGistics pioneered the use of on-demand image and data archival, management and delivery services in the financial services marketplace. Today, its Infinite Digital Architecture (IDA) archives billions of images and supports mission-critical payments applications for the world's leading financial services companies. Through its on-demand business model, eGistics has consistently delivered significant business benefits for payments applications such as retail and wholesale receivables processing, check processing/Check 21, medical payments processing (EOB's), and loan processing and management. eGistics is based in Dallas. For more information on eGistics visit http://www.egisticsinc.com or call 214-256-4600.

"eGistics" and variations of the name are the property of eGistics, Inc., and are protected pursuant to an application filed with the United States Patent and Trademark Office.

Contact: Gary Provo Marketing Communications

eGistics, Inc. Solutran, Inc.

214-256-4613 888-765-8872

gprovo@egisticsinc.com solutions@solutran.com

Source: prnewswire