Wausau Financial Systems Signs Reseller Agreement for TFP's EPICWare(TM) Database Application

Wausau Financial Systems Signs Reseller Agreement for TFP's EPICWare(TM) Database Application

Reseller agreement allows Wausau Financial Systems to offer TFP's EPICWare(TM) as an integrated database application to remittance processors performing ARC Check Conversion

MOSINEE (PRWEB) April 25, 2003 -

— Wausau Financial Systems (WFS) today announced an agreement with TFP (formerly Thomson Financial Publishing), to re-license and resell TFP’s EPICWare™ database application software for use in WFS’ Optima3® ImageRPS family of remittance processing solutions.

Under the terms of the agreement, WFS will now offer the EPICWare database application as part of an Accounts Receivable Check (ARC) Check Conversion and Returns module available to Optima3 ImageRPS users who are converting paper-based deposits into automated clearinghouse (ACH) transactions governed under the ARC rules of the National Automated Clearinghouse Association (NACHA). The EPICWare database offers users the ability to efficiently validate American Bankers Association (ABA) Routing and Account Number Structures on large volumes of checks as well as make necessary conversions, corrections, or repairs for accurate ARC check conversion processing.

“By adding the ability to validate each processed check against EPICWare’s database of over 29,000 financial institution routing numbers and account number configurations, we will significantly improve the accuracy of ARC ACH file transmissions generated by our users and sharply reduce their volume of administrative return checks,” commented Mike Tallitsch, WFS product manager of remittance solutions. “Now that EPICWare is fully integrated into ImageRPS and tier priced for small and large processors, WFS has further reinforced its position as an ARC check conversion technology leader.”

“We are excited to work with Wausau towards expanding their ARC check conversion offering,” added Robert McKay, TFP senior product manager. “Wausau brings to the table a strong combination of a successful sales force, in-depth remittance processing expertise, and an impressive knowledge of its market space. Their expertise in deploying ARC in numerous remittance processing environments makes this partnership exceptionally complementary.”

About Wausau Financial Systems

Wausau Financial Systems (WFS) is the recognized leader in the development and implementation of knowledge-based products for the payment and transaction processing industry. WFS provides transaction-processing applications for all size companies ranging from Fortune 500 corporations to independent local financial institutions and commercial businesses worldwide. In addition to software and hardware options, the company offers comprehensive training, consultation, international image solutions, a unique associate reseller channel, 24-hour customer support, consumable supplies, and a 100% money-back guarantee. Currently, Wausau Financial Systems employs more than 350 associates supporting over 650 customer sites worldwide.

About TFP

TFP (www. tfp. com), a division of Thomson Media, is a leading provider of data and software solutions for financial and corporate institutions worldwide. TFP product lines include Payment Efficiency, Risk Reduction, Marketing Services and Reference Tools for Banking™. TFP solutions assist in accurately originating payments to realize higher payment STP rates; facilitating the repair of rejected transactions; ensuring compliance with global anti-money laundering and anti-terrorism requirements and guidelines, including the USA PATRIOT Act, Bank Secrecy Act, Wolfsberg Principles and regulatory agencies such as the Financial Action Task Force and U. S. Treasury’s OFAC. TFP also assists firms in avoiding and prosecuting financial fraud through FraudBAN (www. FraudBAN. com), an on-line communication vehicle for institutions to contribute information on fraudulent activity. TFP maintains the most authoritative and comprehensive databases of financial institutions globally and has been the official routing number registrar for the American Bankers Association since 1911. For more information, visit TFP on the Internet at www. TFP. com or call (847) 676-9600.

About Thomson Media

Thomson Media (www. thomsonmedia. com), a division of The Thomson Corporation, is a leading provider of information, data and software tools for professionals in the financial services and related technologies markets. In addition to TFP, its primary products and businesses include: American Banker, Financial Planning, National Mortgage News, The Bond Buyer, Securities Industry News, The Global Banking Resource, National Regulatory Services, Credit Card Management, and Sheshunoff Information Services. More than 750,000 clients use Thomson MediaÂ’s publications, databases and work solutions worldwide.

The Thomson Corporation

The Thomson Corporation (www. thomson. com), with 2002 revenues of $7.8 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software applications and tools to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. The Corporation's common shares are listed on the New York and Toronto stock exchanges (TSX: TOC; NYSE: TOC).

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