Trintech Leverages Microsoft .NET Technology to Enable Next
Generation Reconciliation Solutions
Trintech's High Level Software Architecture Mapped on Windows Vista
and "Longhorn" Server to Provide Innovative Reconciliation Solutions
Dallas, Texas/Dublin, Ireland - 5 June 2007 - Trintech Group Plc
(NASDAQ: TTPA), a leading provider of financial software and services
specializing in reconciliation workflow, revenue enhancement,
transaction risk management, and compliance, today announced it has
successfully implemented technology from Microsoft to accelerate the
development and deployment of its next generation of financial
accounting and compliance solutions. Through comprehensive
architecture design sessions with the Microsoft Technology Team,
Trintech has mapped its seminal software architecture, utilizing the
.NET framework, onto the latest Microsoft technologies, Windows Vista
and "Longhorn" Server.
"The Microsoft Partner Advantage Program greatly increased our
productivity by reducing the learning curve. We leveraged the
advanced design skills of MTT engineers to enhance our software
architecture and reduce the risk of schedule delays," said Glen
Rudelis, Vice President of Engineering for Trintech. "We found the
.NET 2.0 framework to be incredibly rich in feature functionality,
and when combined with the expressiveness of the C# language, we were
able to create a powerful code base in a short period of time. This
platform will allow us to not only deliver a highly capable and
sophisticated set of products for transaction reconciliation
management and accounting compliance, it's also one that provides new
levels of user friendliness and insight into critical high value
issues. The easier systems are to use the more our customers are able
to realize their own operational efficiencies and focus on core
financial initiatives."
Microsoft's Business Intelligence (BI) technologies have provided
Trintech with key advantages, including a quick and easy means for
developing and deploying dashboards and reports; easy to implement
BI tools that integrate into ASP.NET (front-end) and back-end
components; superior customer support; and a clear commitment to
developing and supporting innovation.
"Trintech has capitalized on the opportunity to gain insight into the
development and delivery of solutions utilizing the .NET framework,
and we are very excited about Trintech's commitment as a leader in
their industry. Their work is representative of the tremendous
momentum in the ISV community with Microsoft platform technologies,"
said Greg Urguhart, Microsoft General Manager of ISV's in the United
States. "Trintech's reconciliation solutions embody the concepts that
Microsoft promotes everyday - improving operations and driving
innovation and efficiencies for users around business processes."
The Windows Communication Foundation (WCF) has allowed Trintech to
implement a web service interface to its back-end server, providing a
smoother interface with the front-end. Additionally, the WCF has
enabled Trintech developers to implement high-priority features like
encryption, compression, and SOAP messaging. Through the Enterprise
Patterns and Practices Library, Trintech engineers have developed
advanced logging features for Trintech applications, and the Team
Foundation Server has provided the option of incorporating a
full-featured version control system, one tightly integrated with
Visual Studio.
"Trintech continues to invest in new products and evolve its
financial accounting software solutions. Microsoft has been
instrumental in providing technology and support for this exciting
new phase of product development," said John Harte, EVP and General
Manager for Trintech. "With this new technology, we are confident of
delivering a comprehensive transaction lifecycle management and
revenue enhancement product suite that will provide our customers
with the most effective solutions to manage their most complex
reconciliation processing challenges effectively."
About Trintech Group
Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of
financial software and services specializing in reconciliation
workflow, revenue enhancement, transaction risk management, and
compliance for commercial, financial, and healthcare markets. For
over 20 years, Trintech has been providing comprehensive,
industry-leading solutions to financial departments seeking greater
insight into critical transaction processes. Trintech delivers a
configurable, highly scalable platform that incorporates a company's
unique business processes, enabling managers to obtain greater
visibility and more efficiently manage business risk throughout the
transaction lifecycle. Trintech's transaction process management
solutions include: ReconNET for high volume transaction
reconciliation; AssureNET GL for general ledger reconciliation and
certification; On-Demand solutions for ASP ReconNET and AssureNET
services and the Dataflow Transaction Network for data collection and
delivery; and ClearContracts, an ASP service which enables health
care providers to optimize contract profitability by reconciling
payments received from their patients' insurers to amounts they
should have received from claims under the terms of their respective
contracts. Over 450 leading companies across a variety of industries
rely on Trintech products and services. Clients include: North Fork
Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer's
Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon
Wireless, and Ameren.
Trintech's principal business office is in Dallas, Texas, with
international offices in Ireland, the United Kingdom and the
Netherlands. Trintech can be reached at 15851 Dallas Parkway, Suite
900, Addison, TX 75001 (Tel 1.972.701.9802). Trintech's corporate
office can be contacted at Trintech Technologies, Block C, Central
Park, Leopardstown, Dublin 18, Ireland (Tel 353.1.293.9840). For more
information, please visit www.trintech.com.
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Trintech Press Contact:
Dallas: Donna Martinez, Marketing Communications Manager, Trintech
Tel. +1 972 739 1611. email:donna.martinez@trintech.com
