[January 12, 2011]

Aptys Solutions Celebrates Successful 2010 with Company Launch and Growth, Industry Recognition

Aptys Solutions, a payments network provider for financial institutions nationwide, marked the end of 2010, a dynamic inaugural year for the company.

Aptys announced its official launch in April with the rollout of PayLOGICS, the industry's only true, common platform that bridges legacy and emerging payments to support all aspects of payment processing, including image exchange, ACH processing, wire processing, Federal Reserve messages, in-network exchange (INEX) payment processing and mobile payments. In July, the company followed up with the availability of its Active Archive solution, which allows financial institutions to consolidate payment archives across an entire enterprise.

Bridge Community Bank then signed on with Aptys to utilize PayLOGICS. This enabled the bank to participate in the NACHA-initiated Deposited Check Truncation (DCT) Pilot, which facilitates the truncation of low-value consumer checks between financial institutions. Participation in the DCT Pilot helped Bridge Community Bank realize a 90 percent savings on the variable cost of each item it processes.

Also in July, Forrester Research Inc. selectively included Aptys in their report, "Hot Banking Tech Companies to Watch in 2010: Q2 Update." The report stated that the company "focuses on a bank payment niche that's important in the day-to-day operations of community banks and credit unions," and that the PayLOGICS product performs "least-cost routing for all payment types, improving margins in the competitive payments processing market." Aptys was also featured in Mercator Advisory Group's August report titled, "Payment Hubs: Shrinking the Elephant," which looks at why the time might be right for financial institutions to consider payment hub strategies in the United States.

Additionally, Aptys purchased a license to use DataTreasury Corporation's patented technology for image capture, which provides a solid foundation for the continuation of Aptys' technological growth in image capture and effectively protects Aptys' customers from any future patent issues related to the product.

As a testament to Aptys' dedication to delivering a robust product in the most expedient manner, the company has committed more than 70 percent of its operating budget toward research and development. To support its continued growth, Aptys made a strategic addition to its executive team through the addition of industry veteran Debbie Smart as senior vice president of Product Management. Prior to her position at Aptys, Smart served as senior consultant at Omaha, Neb.-based ACI Worldwide, Inc and as general manager of the Community Bank Group of Global Payment Systems.

"At this time in the market, the need for a common payments platform has never been greater," said Sean Pennock, president of Aptys Solutions. "Our commitment to delivering exceptional client service spurred our company's birth and subsequent growth over the past year, and we are encouraged by positive support we have received from influential industry analysts and partners. As we enter 2011, we will continue to honor our commitment to provide financial institutions with the very latest technology to simplify their payments processing needs."

About Aptys Solutions

Rockwall, Texas-based Aptys Solutions provides financial institutions with a common infrastructure to support payments processing initiatives, including image exchange, ACH processing, wire processing, payments archive, Federal Reserve messages, least cost routing, in-network exchange (INEX) payment processing and mobile payments, among others. For additional information, visit www.aptyssolutions.com.

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