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	<title>Trintech, plc</title>
	<link>http://www.trintech.com</link>
	<description></description>
	<pubDate>Fri, 26 Jun 2009 21:10:00 +0000</pubDate>
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		<title>Providence Health &#038; Services increases revenue by $35 million using Concuity ClearContracts</title>
		<link>http://www.trintech.com/providence-health-services-increases-revenue-by-35-million-using-concuity-clearcontracts</link>
		<comments>http://www.trintech.com/providence-health-services-increases-revenue-by-35-million-using-concuity-clearcontracts#comments</comments>
		<pubDate>Mon, 08 Jun 2009 12:00:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Concuity]]></category>

		<category><![CDATA[Events]]></category>

		<category><![CDATA[Customers]]></category>

		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.trintech.com/providence-health-services-increases-revenue-by-35-million-using-concuity-clearcontracts</guid>
		<description><![CDATA[Providence expands use of Concuity products across 16 facilities following success to date increasing net revenue
Vernon Hills, IL June 8, 2009  – Concuity, A Healthcare Division of Trintech, Inc. (NASDAQ: TTPA) announced today that Providence Health &#38; Services signed an agreement to expand the breadth of services provided to the multi-hospital system. Providence Health [...]]]></description>
			<content:encoded><![CDATA[<h3>Providence expands use of Concuity products across 16 facilities following success to date increasing net revenue</h3>
<p><strong>Vernon Hills, IL June 8, 2009</strong>  – Concuity, A Healthcare Division of Trintech, Inc. (NASDAQ: TTPA) announced today that Providence Health &amp; Services signed an agreement to expand the breadth of services provided to the multi-hospital system. Providence Health &amp; Services has, based on the success achieved to date, extended its agreement to include the addition of four more facilities using the ClearContracts software-as-a-service revenue management solution from Concuity.</p>
<p>The expanded agreement includes an extension of Concuity&#8217;s ClearContracts solutions to the 16 hospitals located in the Washington, Alaska, Montana and California regions of Providence Health &amp; Services. Providence uses ClearContracts for all contract management functions including accounts receivables management, account recovery, management reporting and managed care contract negotiations.</p>
<p>The success of Providence will be honored by Concuity at the annual HFMA show, ANI, in Seattle on Monday, June 15, 2009.</p>
<p>Providence Health &amp; Services is a not-for-profit health system committed to providing a comprehensive array of services to meet the needs of communities across five states, including Alaska, Washington, Montana, Oregon and California.  Providence continues the legacy of the Sisters of Providence and the Sisters of the Little Company of Mary in the West spanning more than 150 years.</p>
<p>&#8220;The expansion of our relationship with Concuity is a reflection of working with a company that understands our needs, as well as the hospital managed care and business office functions.  They have proven time and again that they can deliver significant financial improvement within our organization. Since implementing ClearContracts into our organization we have increased collections by over $35 million in the course of 5½ years, while improving our contracting capabilities significantly&#8221; stated Matt Blackmore, Manager of Contract Compliance for the Washington/Montana Region of Providence Health &amp; Services.</p>
<p>Paul Byrne, Concuity&#8217;s President, stated, &#8220;Our relationship with Providence has been very successful in helping improve their financial performance, so they can continue to focus on delivering quality patient care without worrying about being paid correctly for the services they provide to their patients.  We also appreciate their support, particularly as an early adopter of our solution, and we look forward to working together with Providence Health &amp; Services for many years as we expand the breadth of our product in the marketplace.&#8221;</p>
<h3>About Concuity</h3>
<p>Founded in 2000 by a group of healthcare industry visionaries, and now a division of Trintech, Concuity improves its customers bottom line performance by delivering targeted revenue recovery solutions, including ClearContracts<sup>TM</sup>, that ensure accurate claims reimbursement, improve workflow and payment collection, streamline contract negotiations, optimize cash flow and profitability, and ensure accurate implementation and compliance.</p>
<p>Concuity&#8217;s rich industry knowledge and market-focused technology solutions and services empower your organization to identify and then eliminate systemic issues that cause revenue inefficiencies. The result is a significant return on investment with long term sustainable improvement in revenue and profitability for our clients. For more information, call 866.342.4636 or visit <a href="http://www.concuity.com">www.concuity.com</a>.</p>
<h3>About Providence Health &amp; Services</h3>
<p>Providence Health &amp; Services is a not-for-profit organization, sponsored by the Sisters of Providence religious community, made up of 27 hospitals, more than 35 non-acute facilities, physician clinics, a health plan, a liberal arts university, and numerous other health, housing and education services in Alaska, Washington, Montana, Oregon and California. The corporate headquarters is in Renton, Wash.</p>
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		<title>Trintech&#8217;s Annual Customer Conference Helps Businesses Maximize Their Investments in Finance</title>
		<link>http://www.trintech.com/trintechs-annual-customer-conference-helps-businesses-maximize-their-investments-in-finance</link>
		<comments>http://www.trintech.com/trintechs-annual-customer-conference-helps-businesses-maximize-their-investments-in-finance#comments</comments>
		<pubDate>Tue, 02 Jun 2009 05:00:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

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		<description><![CDATA[Sessions Focus on Understanding how Automation of Financial Processes can Accelerate Corporate Profits
Dallas, TX / Dublin, Ireland / London, England -  June 2, 2009 - Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide, announced today the [...]]]></description>
			<content:encoded><![CDATA[<h3>Sessions Focus on Understanding how Automation of Financial Processes can Accelerate Corporate Profits</h3>
<p><strong>Dallas, TX / Dublin, Ireland / London, England</strong> -  June 2, 2009 - Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide, announced today the successful conclusion of its thirteenth annual US-based Customer Conference held May 18-20 at the Omni Fort Worth Hotel in Fort Worth, Texas. The Conference, which attracted more than 200 attendees, featured finance, accounting and treasury professionals from world-class organizations, including Intel, Target, Hewlett Packard, FedEx Office, Lockheed Martin, Sprint, Yahoo!, Questar and more.</p>
<p>This year&#8217;s conference theme focused on helping clients maximize current and planned investments in governance, risk and compliance solutions to increase productivity and achieve more with existing resources. In more than forty hands-on sessions Trintech customers were presented with insights and important knowledge about how to more effectively leverage Trintech solutions across the enterprise. Sessions were presented in five different tracks intended to help users learn basic and advanced features of Trintech&#8217;s AssureNET, ReconNET, Unity and On Demand Services solutions. Customers and partners were presented with a preview of the innovative features soon to be available in forthcoming releases of Trintech&#8217;s financial governance solutions.</p>
<p>&#8220;Our customers are increasingly doing more throughout their business with our applications,&#8221; said John Harte, General Manager of Trintech&#8217;s GRC Division. &#8220;The rising number of finance transformation projects in the marketplace has resulted in a changing dynamic, from a focus on point solutions to a broader demand for integrated platforms capable of automating the entire range of financial governance and compliance processes. Trintech&#8217;s Unity Suite helps our customers address these needs by providing a single user interface to a range of modules addressing the critical processes underpinning accurate and timely financial analysis and reporting.&#8221;</p>
<p>Senior thought leaders from more than seventeen leading organizations gathered separately in this year&#8217;s Executive Circle. David Taylor, Trintech&#8217;s Vice President of Strategy, and Paul Byrne, Trintech&#8217;s President, outlined planned product enhancements and discussed &#8220;Trintech 2.0&#8243; - the company&#8217;s vision for the evolution of an integrated suite of modular applications designed to act as the &#8220;Production Platform for Finance.&#8221; KPMG highlighted ways in which businesses can prepare for the procedural and reporting requirements that IFRS will bring, while several customers discussed how their businesses have utilized Trintech&#8217;s solutions on a world-wide basis to both improve standardization and gain benefits in cost reduction and transparency.</p>
<p>&#8220;Our clients continue to experience significant returns on the investments they&#8217;ve made deploying our solutions to work with their financial processes and ERP systems,&#8221; said David Taylor, Trintech&#8217;s Vice President of Strategy. &#8220;We&#8217;re fortunate to have so many blue chip clients attending the Customer Conference and actively contributing to the development process. It is their enthusiastic involvement that allows Trintech to continually improve our products in terms of efficiency, performance and usability - ultimately benefitting all of our customers and partners.&#8221;</p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets.  Trintech&#8217;s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.</p>
<p>Over 600 leading global organizations realize the benefits of Trintech&#8217;s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer&#8217;s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Trintech Press Contact:</h3>
<p>Dallas: Dave Tomlinson, Director of Marketing, Trintech<br />
Tel. +1 972 739 1611. email:dave.tomlinson@trintech.com</p>
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		<title>Intel Corporation</title>
		<link>http://www.trintech.com/intel-corporation-increases-automation-and-control-of-key-accounting-activities-with-trintechs-assurenet-gl-solution</link>
		<comments>http://www.trintech.com/intel-corporation-increases-automation-and-control-of-key-accounting-activities-with-trintechs-assurenet-gl-solution#comments</comments>
		<pubDate>Wed, 27 May 2009 20:55:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Technology]]></category>

		<category><![CDATA[AssureNET GL]]></category>

		<category><![CDATA[Success Story Library]]></category>

		<guid isPermaLink="false">http://www.trintech.com/intel-corporation-increases-automation-and-control-of-key-accounting-activities-with-trintechs-assurenet-gl-solution</guid>
		<description><![CDATA[
Intel Corporation Increases Automation and Control of Key Accounting Activities with Trintech&#8217;s AssureNET GL Solution
Profile
Intel Corporation (NASDAQ:  INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Intel is the world&#8217;s largest semiconductor company and the inventor of the x86 series of microprocessors, the [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.trintech.com/wp-content/uploads/2009/05/intel-web.gif" alt="Intel" width="137" height="105" /></p>
<h2>Intel Corporation Increases Automation and Control of Key Accounting Activities with Trintech&#8217;s AssureNET GL Solution</h2>
<h3>Profile</h3>
<p>Intel Corporation (NASDAQ:  INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Intel is the world&#8217;s largest semiconductor company and the inventor of the x86 series of microprocessors, the processors found in most personal computers. Intel makes motherboards, chipsets, wired and wireless connectivity products, flash memory, graphic chips, embedded processors, and other devices related to communications and computing. Intel combines advanced chip design capability with a leading-edge manufacturing capability.</p>
<h3>Background and Challenges</h3>
<p>Intel reconciles more than 9,000 accounts on a quarterly basis. This vast majority of this work is performed in two shared service locations in Costa Rica and Malaysia with the remainder being performed in sites spanning the Americas, Asia, and EMEA. In addition to reconciliations, supplemental analytics are performed to provide visibility to any identified errors and assurance that the Balance Sheet and Income Statement are appropriately stated. These activities are performed by &gt;400 unique global users today.</p>
<p>Intel currently utilizes a mature reconciliation standard, globally standard reconciliation templates in Excel, and monthly sample audits to maintain reconciliation quality. An internally-developed web application currently manages the global reconciliation process. This includes maintaining account ownership, assigning reconciliation timing and frequency via dynamic risk rating, tracking completion of required reconciliations, logging preparer self-assessment results for reconciliation quality, and providing reconciling/aged item and other reporting. Supplemental analytics, similar to reconciliations, follow mature standards, but are typically performed manually in Excel.</p>
<p>While Intel&#8217;s processes for completing reconciliations and performing account analyses were already well-defined, the company sought to centralize and automate their reconciliation and analytics processes in a single web application. This included unifying the entire reconciliation workflow (execution, review, and oversight), automating general ledger and sub-ledger data feeds, archiving completed reconciliations (including all relevant support documents), and providing a workflow for required analytics in Close. This was intended to provide greater control through system-driven standardization and automation.</p>
<p>Intel considered adding to the functionality of their in-house application to perform reconciliations, but after analyzing the cost, scope, and technical challenges of upgrading their tool to accomplish this, they decided it would be best to replace their existing technology with an external software solution.</p>
<p>While either approach would provide a stronger level of control and transparency, as well as provide greater assurance to management for Intel&#8217;s foundational financial statement controls, this approach would leverage industry technologies / best practices and reduce the level of support required by IT to maintain and enhance an internally-developed tool. Intel believed that leveraging automation and enhancing best practices would address job satisfaction concerns communicated by global reconcilers and provide more time to focus on higher-value-added activities of increasing the knowledge of processes affecting the balance sheet and leveraging this knowledge to create more robust account analytics.</p>
<h3>Objectives</h3>
<p>When considering various automated reconciliation software solutions, Intel identified reconciliation and analytic automation and replacement of existing functionality in their current web application as being key areas / functions that the solution must address, including:</p>
<p>•	Reconciliation automation and integration with Intel&#8217;s GL and sub-ledger sources<br />
•	Rule-based scoping and dynamic risk rating of reconciliations to manage priorities and performance<br />
•	A central repository for global reconciliations and provide a single point of entry to submit reconciliations and perform management reviews<br />
•	Useful dashboards and generation of reports for performer, reviewer, and executive levels<br />
•	Flexibility to keep pace with ever-evolving environmental and business changes that affect reconciliations and analytics.</p>
<p>Intel conducted an extensive needs assessment and a comprehensive vendor evaluation process over several months. After considering several vendors against the capabilities of an internally-developed solution, Intel chose Trintech and their AssureNET GL software as the solution best able to meet their requirements.</p>
<h3>Solution and Capabilities Provided</h3>
<p>Trintech&#8217;s AssureNET GL solution will enable over 400 global users at Intel to manage more than 9,000 reconciliations per quarter. The Trintech technology provides the company with the ability to improve current financial operational processes, address reconciler concerns regarding job satisfaction, enhance risk assessment processes to enable efficiencies and savings, and automate the identification of accounts requiring additional analysis based upon specific business rules via a user-friendly interface. Additionally, the solution will facilitate expansion to broader application capabilities as requirements evolve (e.g., integration with the financial close process).</p>
<h3>Targeted Return on Investment</h3>
<p>As Intel moves forward with implementing Trintech&#8217;s AssureNET GL solution, they expect to realize a number of quantitative and qualitative benefits. The company is looking to improve their overall current financial operational processes through automation as well as enhancing their best practices as an outcome of the overall implementation. Once the application is deployed, Intel expects to free up substantial personnel time through the automation of reconciliation and analytic compilation activities, as well as redundant work of having to input information in multiple locations. This efficiency will allow staff to focus on the more complex reconciliations and other important initiatives including deeper analytics and business partnership. Intel expects to maintain and increase their level of control and transparency, and reduce costs by incorporating the management of all reconciliation activities via a single solution.</p>
<blockquote><p>Intel is impressed with Trintech&#8217;s expertise and AssureNET GL solution.  Their application allows for a stronger level of control and transparency, maximization of personnel efficiency, and provides a single system of record for all of our reconciliation activities. By automating our current financial operational processes and leveraging best practices, we continue to demonstrate our dedication to operational excellence in the area of finance.<br />
<em style="font-weight: 300">Pat Mullen<br />
Global General Accounting Operations Manager<br />
Intel Corporation</em></p></blockquote>
<h3>Trintech&#8217;s Unique Expertise</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions to over 600 organizations.  Trintech&#8217;s configurable and scalable technology enables customers to gain greater visibility and control of their critical financial processes leading to improved overall business performance.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact Trintech or visit www.trintech.com.</p>
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		<title>Trintech Reports First Quarter Fiscal Year 2010 Financial Results</title>
		<link>http://www.trintech.com/trintech-reports-first-quarter-fiscal-year-2010-financial-results</link>
		<comments>http://www.trintech.com/trintech-reports-first-quarter-fiscal-year-2010-financial-results#comments</comments>
		<pubDate>Wed, 27 May 2009 03:00:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Earnings]]></category>

		<category><![CDATA[Corporate]]></category>

		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.trintech.com/trintech-reports-first-quarter-fiscal-year-2010-financial-results</guid>
		<description><![CDATA[Revenues of $9.2 million and Adjusted EBITDA Net Income of $693,000
Dublin, Ireland/Dallas, Texas – May 27, 2009 – Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions today announced revenues of $9.2 million for the first quarter ended April 30, 2009, an adjusted EBITDA net [...]]]></description>
			<content:encoded><![CDATA[<h3>Revenues of $9.2 million and Adjusted EBITDA Net Income of $693,000</h3>
<p><strong>Dublin, Ireland/Dallas, Texas – May 27, 2009</strong> – Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions today announced revenues of $9.2 million for the first quarter ended April 30, 2009, an adjusted EBITDA net income of $693,000 and a net loss for the quarter of $411,000</p>
<h3>Highlights</h3>
<ul>
<li>Revenue amounted to $9.2 million for Q1 of the 2010 fiscal year compared to $9.6 million in Q1 of the prior year, representing a 5% reduction in revenue.</li>
<li>Trintech generated an adjusted EBITDA net income of $693,000 for Q1 of the 2010 fiscal year compared to an adjusted EBITDA net income of $405,000 for the corresponding period in the prior year, an increase of 71%. Adjusted EBITDA net income per ADS was $0.04 for Q1 of the 2010 fiscal year compared to $0.03 for the same period in the prior year.</li>
<li>Trintech had cash balances of $17.1 million (including restricted cash of $170,000) at April 30, 2009 after incurring $2.9 million on final acquisition payments during the quarter. The Company also generated $1.3 million cash from operating activities for Q1 of the 2010 fiscal year which was an increase of 24% compared to the same period in the prior year.</li>
<li>Gross margin amounted to $6.1 million in Q1 of the 2010 fiscal year, representing 66% of revenue, compared to $6.7 million and 69% in Q1 of the prior year.</li>
<li>Trintech incurred research and development expenditure of $1.5 million in Q1 of the 2010 fiscal year which was the same as Q1 in the prior year.</li>
<li>Trintech reduced expenditure in sales and marketing by 27% from $3.1 million in Q1 in the 2009 fiscal year to $2.2 million in the same quarter in the 2010 fiscal year.</li>
<li>General and administrative expenses decreased by 14% to $2.1 million in Q1 of the 2010 fiscal year compared to $2.5 million in Q1 of the 2009 fiscal year.</li>
<li>Net loss decreased by 16% from $488,000 in Q1 of the 2009 fiscal year to $411,000 in Q1 of the 2010 fiscal year. Combined basic and diluted net loss per equivalent ADS for the quarter ended April 30, 2009 was $0.03, which was the same as for the quarter ended April 30, 2008.</li>
</ul>
<p>Cyril McGuire, Chairman &amp; Chief Executive Officer, said, &#8220;Trintech&#8217;s Q1 results represent a solid performance with good progress on adjusted EBITDA net income of $693,000 representing growth of 71% compared to last year. Given the uncertain market environment, we have maintained a strict control on operating costs and a strong focus on adjusted EBITDA earnings and cash generation from operations. We are experiencing some stabilisation in our markets particularly healthcare with customer pipeline and bookings showing positive signs. Our product strategy of delivering real cost benefits in the finance function by driving automation and increased efficiencies is allowing our customers and partners to maximise their investment return.&#8221;</p>
<p>Paul Byrne, President, added, &#8220;Trintech&#8217;s strategy of helping senior finance executives automate more of their financial processes, resulting in greater efficiency as well as lower cost and risk is resonating with the market and driving increasing interest in our products in the current challenging economic environment. We believe that, as the growing sales opportunities develop into revenue and we maintain an efficient cost structure, Trintech will deliver year-over-year growth in EBITDA profitability.&#8221;</p>
<h3>Recent Highlights Include:</h3>
<p>Trintech announced that Altera Corporation had selected its AssureNET GL enterprise software solution to automate and streamline balance sheet and general ledger account reconciliation processes for the company&#8217;s global finance organization.  Altera is a pioneer of programmable logic solutions, enabling system and semiconductor companies to rapidly and cost-effectively innovate, differentiate, and win in their markets.</p>
<p>Trintech announced that Spotless had selected Trintech&#8217;s ReconNET and AssureNET GL solutions to improve reconciliation and exception management processes and drive increased operational efficiency.  Spotless Group is a global services organization comprised of Facility Services and Retailer Services employing more than 30,000 people worldwide. Spotless&#8217; Facility Services operates across Australia and New Zealand, providing Managed Services, Food Services, Cleaning Services, and Laundry Services across a broad range of industry sectors. Spotless&#8217; Retail Services, operating under the brand Braiform, provides customized garment hanger and packaging solutions to retailers and garment manufacturers in more than 30 countries worldwide.</p>
<p>Trintech exhibited its integrated account reconciliation, compliance, financial close and reporting, and enterprise risk management software solutions and led a panel discussion with KPMG at the annual Shared Services Week in Orlando, Florida held in March 2009.  Shared Services and Outsourcing Network or SSON&#8217;s Annual Shared Services Week is the largest annual gathering of shared services professionals in the world, attracting over 600 attendees from over 22 countries. Executives from start-ups, intermediate, and mature shared services organizations collaborated to share leading best practices in the rapidly growing area of financial operations.</p>
<h3>Results Overview:</h3>
<p>Revenue for the first quarter ended April 30, 2009 was $9.2 million compared with $9.6 million for the corresponding quarter in the prior year, a decrease of 5%. The strengthening of the dollar versus the pound and the euro accounted for approximately $150,000 of this revenue variance and the remaining revenue variance was due to the reasons outlined below.</p>
<p>Software license revenue for the quarter ended April 30, 2009 was $4.8 million compared with $4.9 million for the corresponding quarter in the prior year, a decrease of 2%. The decrease was primarily due to weaker governance, risk and compliance (GRC) license sales in the quarter in the US and European markets due to economic uncertainty in these markets negatively impacting our normal sale cycles with customers becoming more cautious, procurement processes lengthening and general uncertainty creating significant challenges to close new business.  This fall in revenues was partially offset by stronger maintenance revenues from existing customers.</p>
<p>Service revenue for the quarter ended April 30, 2009 was $4.4 million compared with $4.7 million for the corresponding quarter in the prior year, a decrease of 8%. The decrease was primarily due to a fall in revenues from our GRC business in the US and European markets which was partially offset by an increase in revenues from ASP services in our Healthcare business in the US.</p>
<p>Total gross margin for the first quarter ended April 30, 2009 was $6.1 million, a decrease of 9% from $6.7 million in the corresponding quarter in the prior year. Gross margin percentage decreased to 66% in Q1 of the 2010 fiscal year compared to 69% in the same period of the prior year. The decrease in margin and margin percentage was due to lower service revenues and a resulting fall in service margin caused by lower utilization rates in our GRC service business in Q1 of the 2010 fiscal year.</p>
<p>Total operating expenses for the first quarter ended April 30, 2009 were $6.5 million, a decrease of 13% from $7.5 million in the corresponding quarter in the prior year. The decrease in costs was primarily due to headcount reductions and lower salary costs. There has also been a reduction in discretionary expenditure in all areas over the last year as the economic position worsened in the US and Europe. The strengthening of the dollar versus the pound and the euro accounted for approximately $350,000 of this operating cost reduction compared to Q1 in the prior year.</p>
<p>Adjusted EBITDA operating expenses for the quarter ended April 30, 2009 were $5.6 million, a decrease of 15% compared to adjusted EBITDA operating expenses of $6.6 million for the corresponding period in the prior year.</p>
<p>Restructuring expenses were $234,000 for the quarter ended April 30, 2009. These charges related primarily to employee termination costs as a result of the company re-aligning its cost base in the current difficult economic environment.</p>
<p>The provision for income taxes was $36,000 for the quarter ended April 30, 2009 which related to state taxes payable in the US.</p>
<p>Adjusted EBITDA net income was $693,000 for the first quarter ended April 30, 2009 compared to an adjusted EBITDA net income of $405,000 for the corresponding quarter in the prior year. This represented a 71% increase from Q1 in the prior year and reflects the company&#8217;s lower operating cost base.</p>
<p>Trintech&#8217;s balance sheet remains strong with cash balances of $17.1 million (including restricted cash of $170,000) as of April 30, 2009. Net cash utilized (including restricted cash) for the three months ended April 30 2009 was $1.6 million, which included cash generated from operations of $1.3 million and acquisition related payments of $2.9 million. These acquisition related payments represent the final settlements in respect of all prior period acquisitions.</p>
<p>Trintech will host a conference call to discuss its financial results and business outlook beginning at 15:30hrs (UK Time) today, Wednesday, May 27, 2009. Please see advisory for information on the call.</p>
<blockquote><p>A web simulcast of Trintech&#8217;s conference call reviewing our performance for Q1 of fiscal year 2010 and our business outlook for Q2 fiscal year 2010 will be broadcast live today, Wednesday, May 27, 2009 at 15:30 hrs (UK Time), 10:30 hrs (NY Time) and 07:30 hrs (CA Time) and thereafter for 1 year at <a href="http://www.trintech.com/investor">www.trintech.com/investor</a>.  An instant telephone replay will also be available for 10 days by dialing +44 1452 55 00 00 and entering the following access number (99452612 #).</p></blockquote>
<p><a href="http://www.trintech.com/reconnet/Trintech_Q1_2010_Press_Release.pdf">Please click here to read the press release in its entirety.</a></p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions. The Company enables companies to achieve excellence in financial governance and performance management through a comprehensive platform of account reconciliation, accounting compliance, and financial reporting applications across the financial lifecycle.</p>
<p>Over 600 leading global organizations are realizing the benefits of Trintech solutions every day to gain greater control, visibility, and efficiency across financial processes; improve financial performance through stronger management of revenue and cost cycles; ensure the accuracy and integrity of financial data, thereby reducing the risk of material weaknesses and restatements and to drive immediate efficiencies and cost reductions in financial operations through automation and scalability. Trintech&#8217;s customers include retail chains, commercial companies, financial institutions and healthcare providers in the United States, the UK and the Republic of Ireland, continental Europe and Australia.  Customers who have used our software in recent years include Ericsson, Blackstone Group, Regis Corporation, Providence Health Systems and Cleveland Clinic Foundation.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at <a href="http://www.trintech.com">www.trintech.com</a> or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Forward Looking Statements</h3>
<p>This news release contains &#8220;forward looking statements&#8221; within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any &#8220;forward looking statements&#8221; in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. &#8220;Forward looking statements&#8221; in this press release include statements, among others, relating to Trintech&#8217;s business outlook and product strategy.  Factors that could cause or contribute to such differences include Trintech&#8217;s ability to accurately predict future sales, its ability to accurately predict and meet customer needs and to successfully position itself in the market, Trintech&#8217;s ability to ensure the performance of its products and services, and its ability to improve the performance of its organization and ensure the long term health of its business.  Actual performance may also be affected by other factors more fully discussed in Trintech&#8217;s Form 20-F for the fiscal year ended January 31, 2008 filed with the US Securities and Exchange Commission (<a href="http://www.sec.gov">www.sec.gov</a>) and subsequent filings with the US Securities and Exchange Commission.  Lastly, Trintech assumes no obligation to update these forward-looking statements.</p>
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		<title>Altera Corporation Selects Trintech for Automated Account Reconciliation, Review, and Certification</title>
		<link>http://www.trintech.com/altera-corporation-selects-trintech-for-automated-account-reconciliation-review-and-certification</link>
		<comments>http://www.trintech.com/altera-corporation-selects-trintech-for-automated-account-reconciliation-review-and-certification#comments</comments>
		<pubDate>Mon, 27 Apr 2009 07:00:40 +0000</pubDate>
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		<category><![CDATA[Customers]]></category>

		<category><![CDATA[Press Releases]]></category>

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		<description><![CDATA[Altera Chooses Trintech&#8217;s AssureNET GL Solution to Automate and Optimize Global Enterprise-Wide Reconciliation Process
Dallas, TX / Dublin, Ireland / London, England –  April, 2009 – Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide, announced today that [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Altera Chooses Trintech&#8217;s AssureNET GL Solution to Automate and Optimize Global Enterprise-Wide Reconciliation Process</strong></p>
<p><strong>Dallas, TX / Dublin, Ireland / London, England –  April, 2009 –</strong> Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide, announced today that Altera Corporation selected its AssureNET GL enterprise software solution to automate and streamline balance sheet and general ledger account reconciliation processes for the company&#8217;s global finance organization.</p>
<p>Altera is a pioneer of programmable logic solutions, enabling system and semiconductor companies to rapidly and cost-effectively innovate, differentiate, and win in their markets.  Altera offers FPGAs, CPLDs, and HardCopy® ASICs in combination with software tools, intellectual property, and customer support to provide high-value programmable solutions to approximately 14,000 customers worldwide.</p>
<p>&#8220;Part of our successful global growth strategy has been a continued focus on operational efficiency,&#8221; said Jim Callas, corporate controller at Altera.  &#8220;We&#8217;re excited about replacing our labor-intensive spreadsheet processes with an automated, hosted system that will help us to reduce paper and establish a controlled and efficient environment for reconciliations and compliance.&#8221;</p>
<p>Trintech&#8217;s AssureNET GL software solution provides a sustainable infrastructure for compliance in finance departments by enabling companies to replace the manual process of maintaining and tracking thousands of spreadsheets in an uncontrolled environment.  AssureNET GL automates the review, approval, and status tracking of account reconciliations through templating, manages the accounting close process, and provides management the needed visibility to ensure compliance.   As a result, reconciliations are automated and controlled, enabling organizations to reduce costs and manpower involved in compliance administration, decrease audit fees, improve process transparencies, manage risk, and proactively identify current and potential compliance issues.</p>
<p>&#8220;We are delighted that Altera is using Trintech&#8217;s AssureNET GL in their global finance practices to increase internal controls, simplify processes and improve efficiencies,&#8221; said John Harte, General Manager for Trintech.  &#8220;AssureNET GL is uniquely suited for Altera&#8217;s global business environment, and will provide them with a market-leading, proven general ledger reconciliation solution that meets diverse business requirements and accounting needs.&#8221;</p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets.  Trintech&#8217;s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.</p>
<p>Over 600 leading global organizations realize the benefits of Trintech&#8217;s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer&#8217;s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at <a href="http://www.trintech.com">www.trintech.com</a> or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech | 15851 Dallas Parkway, Suite 900 | Addison, TX 75001 | Tel 1 972 701 9802<br />
Trintech UK Ltd. | Warnford Court, 29 Throgmorton St. | London EC2N2AT, UK | Tel +44 (0) 20 7628 5235<br />
Trintech Technologies | Block C, Central Park | Leopardstown, Dublin 18, Ireland | Tel +353 1 293 9840<br />
Trintech | Cypresbaan 9 | 2908 LT Capelle a/d Ijssel, The Netherlands | Tel +31 (0) 10 8507 474</p>
<h3>Trintech Press Contact:</h3>
<p>Dallas: Hilliary Opseth, Manager, Marketing Programs, Trintech<br />
Tel. +1 972 739-1619, Email: hilliary.opseth@trintech.com</p>
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		<title>Trintech Showcases Integrated Financial Governance, Risk, and Compliance Software Solutions and Leads Panel Discussion with KPMG at Shared Services Week</title>
		<link>http://www.trintech.com/trintech-showcases-integrated-financial-governance-risk-and-compliance-software-solutions-and-leads-panel-discussion-with-kpmg-at-shared-services-week</link>
		<comments>http://www.trintech.com/trintech-showcases-integrated-financial-governance-risk-and-compliance-software-solutions-and-leads-panel-discussion-with-kpmg-at-shared-services-week#comments</comments>
		<pubDate>Tue, 17 Mar 2009 12:00:52 +0000</pubDate>
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		<category><![CDATA[Press Releases]]></category>

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		<description><![CDATA[Trintech exhibition and panel discussion with KPMG will highlight the use of technology to bridge the gap between shared services functions and their customer organizations
Dallas, TX / Dublin, Ireland / London, England – 17 March, 2009 –  Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Trintech exhibition and panel discussion with KPMG will highlight the use of technology to bridge the gap between shared services functions and their customer organizations</strong></p>
<p><strong>Dallas, TX / Dublin, Ireland / London, England – 17 March, 2009 – </strong> Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions, announced that it will exhibit its integrated account reconciliation, compliance, financial close and reporting, and enterprise risk management software solutions and lead a panel discussion with KPMG at the upcoming 13th annual Shared Services Week in Orlando, Florida on March 22-29.</p>
<p>SSON’s Annual Shared Services Week is the largest annual gathering of shared services professionals in the world, attracting over 600 attendees from over 22 countries.  Executives from start-ups, intermediate, and mature shared services organizations collaborate to share leading best practices in the rapidly growing area of financial operations.  The conference workshops, classes, site tours and exhibitions are designed to provide the latest information and key insights on shared services practices.</p>
<p>Trintech’s panel discussion, titled ‘Using Technology to Build a Bridge between Shared Services and the Customer Organization’, will be led by Theresa Clark, Vice President of Finance Transformation at Trintech and co-presented by Anne Bothwell, Principal in the Business Performance Services practice at KPMG LLP.   The panel will address the gaps that often arise between the shared services centers and their customer organizations, and how technology can create a common language by creating standards and enforcing processes resulting in greater efficiencies and standardization.</p>
<p>“Companies worldwide are moving faster than ever towards shared services as a compelling business model to improve efficiencies, standardize processes, and manage costs”, commented Theresa Clark, Vice President of Finance Transformation at Trintech.  “A key challenge with the shared services model is that it can lead to a disconnection between the shared services center and their customer organizations due to a lack of transparency around processes.  Trintech’s integrated suite of software solutions are used by companies worldwide to address such issues and help standardize processes to improve efficiencies and increase transparency.”</p>
<p>“Within a shared services environment, processes and people that have previously been managed face-to-face and with local variation of process may now require virtual team structures and standardized processes. Companies that have not taken the time to convert the management style and re-design processes have often run into challenges in meeting their cost and efficiency objectives,” commented Anne Bothwell, Principal in the Business Performance Services practice at KPMG LLP.  “Enabling technology, while requiring an initial investment can assist in a more rapid and effective transition by helping teams to communicate and adhere to a standard process.”</p>
<p>To learn more about Trintech’s software solutions, please visit <a href="http://www.trintech.com/">http://www.trintech.com</a>.  For additional information about Trintech and the Shared Services Week event, please visit <a href="http://www.trintech.com/category/events/">http://www.trintech.com/category/events/</a>.</p>
<h3>About KPMG</h3>
<p>KPMG LLP, the audit, tax and advisory firm (<a href="http://www.us.kpmg.com/">www.us.kpmg.com</a>), is the U.S. member firm of KPMG International. KPMG International’s member firms have 137,000 professionals, including more than 7,600 partners, in 144 countries.</p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets. Trintech’s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.</p>
<p>Over 600 leading global organizations realize the benefits of Trintech’s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer’s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at <a href="http://www.trintech.com/">www.trintech.com</a> or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Trintech Press Contact:</h3>
<p>Dallas, Texas: Purvi Parakh, Marketing Communications Manager, Trintech<br />
Tel. +1 972 739-1611, Email: purvi.parakh@trintech.com</p>
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		<title>Spotless Selects Trintech to Manage Reconciliations and Reduce Operational Risk</title>
		<link>http://www.trintech.com/spotless-selects-trintech-to-manage-reconciliations-and-reduce-operational-risk</link>
		<comments>http://www.trintech.com/spotless-selects-trintech-to-manage-reconciliations-and-reduce-operational-risk#comments</comments>
		<pubDate>Mon, 16 Mar 2009 06:00:24 +0000</pubDate>
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		<category><![CDATA[Press Releases]]></category>

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		<description><![CDATA[ReconNET and AssureNET to Help Worldwide Services Company to Improve Reconciliation Management and Streamline Operations
Sydney, Australia / Dallas, Texas –  16 March 2009 –  Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions, today announced that Spotless has selected Trintech’s ReconNET and [...]]]></description>
			<content:encoded><![CDATA[<p><strong>ReconNET and AssureNET to Help Worldwide Services Company to Improve Reconciliation Management and Streamline Operations</strong></p>
<p><strong>Sydney, Australia / Dallas, Texas –  16 March 2009 – </strong> Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions, today announced that Spotless has selected Trintech’s ReconNET and AssureNET GL solutions to improve reconciliation and exception management processes and drive increased operational efficiency.</p>
<p>Spotless Group is a global services organization comprised of Facility Services and Retailer Services employing more than 30,000 people worldwide.  Spotless’ Facility Services operates across Australia and New Zealand, providing Managed Services, Food Services, Cleaning Services, and Laundry Services across a broad range of industry sectors.  Spotless’ Retail Services, operating under the brand Braiform, provides customized garment hanger and packaging solutions to retailers and garment manufacturers in more than 30 countries worldwide. </p>
<p>As a rapidly growing and diverse business, Spotless was challenged in their management of account reconciliations by the complexity of diverse systems and the need for greater visibility, management control and auditable documentation of the reconciliation process.  At the same time, they recognized that automation of the current manual processes could help to reduce costs and support their objective to move to shared service centers to perform various financial operations.</p>
<p>“We evaluated a number of alternatives to help us improve control and drive standardization across our businesses through improved technology around our bank reconciliation and GL reconciliation processes,” commented Tom Castles, General Manager, Shared Services at the Spotless Group.  “Trintech’s solutions were a good match with our specifications and competitive in terms of cost.  We have received first class support from Spectrum, Trintech’s local representative, and Trintech themselves in working through the implementation phase of our project.  I am also pleased to hear of Trintech developing new functionality around Record to Report processing as part of their Financial Governance Suite and we will be closely looking at these products as they become available.”</p>
<p>“As the Trintech distributor in Australia, Spectrum is looking forward to working intimately with Spotless to provide local, skilled implementation and support services to improve the efficiency of their reconciliation processes,” commented Freddy Webster, General Manager for Spectrum.  “As one of the leading services companies in the world, Spotless is taking a proactive approach to streamlining their financial operations to result in improved visibility, reduced costs, and ultimately increased overall company results.”</p>
<p>“We are delighted to have Spotless as our newest customer in Australia,” said David Taylor, Vice President of Global Business Development and Strategy at Trintech.  “The combination of superior technology solutions from Trintech and highly skilled and experienced professional services and support from our partner Spectrum provides Spotless with a complete and integrated solution in support of their financial compliance and process management program.  In a business where efficiency drives success, we are excited about our continuing and successful partnership with Spectrum to help Spotless to continue to be a market leader. ” </p>
<h3>About Spotless Group Limited</h3>
<p>Spotless is a global services organization comprised of Facility Services and Retailer Services. Established in 1956, Spotless is listed on the Australian Stock Exchange and employs more than 30,000 people.  Facility Services operates across Australia and New Zealand, providing Managed Services, Food Services, Cleaning Services, and Laundry Services across a broad range of industry sectors.  Retailer Services, operating under the brand Braiform, provides customized garment hanger and packaging solutions to retailers and garment manufacturers in more than 30 countries globally.</p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets.  Trintech’s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.</p>
<p>Over 600 leading global organizations realize the benefits of Trintech’s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer’s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at <a href="http://www.trintech.com/">www.trintech.com</a> or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Trintech Press Contact:</h3>
<p>Dallas, Texas: Purvi Parakh, Marketing Communications Manager, Trintech<br />
Tel. +1 972 739-1611, Email: purvi.parakh@trintech.com</p>
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		<title>Trintech Reports Fourth Quarter and Fiscal Year 2009  Financial Results</title>
		<link>http://www.trintech.com/trintech-reports-fourth-quarter-and-fiscal-year-2009-financial-results</link>
		<comments>http://www.trintech.com/trintech-reports-fourth-quarter-and-fiscal-year-2009-financial-results#comments</comments>
		<pubDate>Wed, 04 Mar 2009 07:00:52 +0000</pubDate>
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		<category><![CDATA[Earnings]]></category>

		<category><![CDATA[Corporate]]></category>

		<category><![CDATA[Press Releases]]></category>

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		<description><![CDATA[Revenues of $9.4 million for Q4 and $39.7 million for fiscal year 2009 representing growth of 5% and 20% compared to Q4 of the prior year and fiscal year 2008 respectively with adjusted EBITDA net income of $460,000 for Q4 and $1.6 million for fiscal year 2009.
Dublin, Ireland/Dallas, Texas – March 4, 2009 – Trintech [...]]]></description>
			<content:encoded><![CDATA[<h3>Revenues of $9.4 million for Q4 and $39.7 million for fiscal year 2009 representing growth of 5% and 20% compared to Q4 of the prior year and fiscal year 2008 respectively with adjusted EBITDA net income of $460,000 for Q4 and $1.6 million for fiscal year 2009.</h3>
<p><strong>Dublin, Ireland/Dallas, Texas – March 4, 2009 – </strong>Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions today announced revenues of $9.4 million for the fourth quarter ended January 31, 2009, an adjusted EBITDA net income from continuing operations of $460,000 and a net loss for the quarter of $334,000. Trintech is required to present its financial results on a continuing operations and discontinued operations basis due to a one-time gain of $920,000 relating to the final settlement of an escrow amount held back against any claims arising from the sale of Trintech’s payments business to VeriFone Holdings, Inc. in September 2006. The remainder of this press release relates to continuing operations, unless otherwise mentioned.</p>
<h3>Highlights:</h3>
<ul>
<li>Revenue amounted to $9.4 million for Q4 of the 2009 fiscal year compared to $8.9 million in Q4 of the prior year, representing 5% growth.</li>
<li>Revenue grew 20% for the 2009 fiscal year to $39.7 million compared to $32.9 million in the prior year.</li>
<li>Trintech generated an adjusted EBITDA net income of $460,000 for Q4 of the 2009 fiscal year compared to an adjusted EBITDA net income of $595,000 for the corresponding period in the prior year. Adjusted basic and diluted net income per ADS was $0.03 for Q4 of the 2009 fiscal year compared to $0.04 for the same period in the prior year.</li>
<li>Trintech generated an adjusted EBITDA net income of $1.6 million for the 2009 fiscal year compared to an adjusted EBITDA net loss of $327,000 in the prior year. Adjusted basic and diluted net income (loss) per ADS was $0.10 for the 2009 fiscal year compared to an adjusted net loss per ADS of $0.02 for the prior year.</li>
<li>Trintech generated $655,000 cash from operating activities for Q4 of the 2009 fiscal year and increased its cash balances to $18.7 million (including restricted cash of $1.3 million) at the end of the year.</li>
<li>Gross margin amounted to $6.1 million in Q4 of the 2009 fiscal year, representing 65% of revenue, compared to $6.4 million and 71% in Q4 of the prior year.</li>
<li>Gross margin amounted to $26.4 million in the 2009 fiscal year representing 66% of revenue, compared to $22.2 million and 67% in the prior year.</li>
<li>Trintech increased expenditure in research and development by 19% from $1.2 million in Q4 of the 2008 fiscal year to $1.4 million in the same quarter in the 2009 fiscal year and by 24% in the 2009 fiscal year to $6.1 million compared to $4.9 million in the prior fiscal year.</li>
<li>Trintech reduced expenditure in sales and marketing by 7% from $2.7 million in Q4 in the 2008 fiscal year to $2.5 million in the same quarter in the 2009 fiscal year. Sales and marketing expenditure increased overall by 11% in the 2009 fiscal year to $11.9 million from $10.7 million in the prior fiscal year.</li>
<li>General and administrative expenses decreased by 10% to $2.3 million in Q4 of the 2009 fiscal year compared to $2.6 million in Q4 of the 2008 fiscal year and by 2% in the 2009 fiscal year to $9.7 million from $9.8 million in the prior fiscal year.</li>
<li>Net loss decreased by 53% from $706,000 in Q4 of the 2008 fiscal year to $334,000 in Q4 of the 2009 fiscal year and by 71% to $1.2 million in the 2009 fiscal year compared to $4.3 million in the prior year. Included in the net loss for the 2009 fiscal year is a one-time gain of $920,000 relating to the final settlement of an escrow amount held back against any claims arising from the sale of Trintech’s payments business to VeriFone Holdings, Inc. in September 2006. Combined basic and diluted net loss per equivalent ADS for the quarter ended January 31, 2009 was $0.02, compared with a basic and diluted net loss per equivalent ADS of $0.04 for the quarter ended January 31, 2008.</li>
<li>Combined basic and diluted net loss per equivalent ADS for the year ended January 31, 2009 was $0.08, compared with a basic and diluted net loss per equivalent ADS of $0.27 for the year ended January 31, 2008.</li>
</ul>
<p>Cyril McGuire, Chairman &amp; Chief Executive Officer, said, &#8220;Trintech&#8217;s Q4 results reflect a solid quarter and year end performance with revenue growth and adjusted EBITDA net income of $460,000 for Q4 and $1.6 million for the 2009 fiscal year. Despite the turbulent global economic environment, our business model provides good visibility with a high level of recurring revenue, amounting to over 60% of annual revenues in the 2009 fiscal year. Trintech continues to be cash generative with net cash inflows of $523,000 during the quarter bringing our group cash reserves to $18.7 million (including restricted cash of $1.3 million) with no borrowings at 2009 fiscal year end. Our strategy will be to focus and invest in our organic Governance, Risk and Compliance (GRC) and healthcare business opportunities with management fully committed to driving growth in EBITDA profitability while maintaining strict cost control given the uncertain business outlook.&#8221;</p>
<p>Paul Byrne, President, added, “In achieving our fifth consecutive quarter of adjusted EBITDA profitability, we continue to deliver on our strategy of adjusted EBITDA profitability growth and cash generation. Given the difficult economic environment, there is a growing need for organizations to improve operational efficiencies, reduce costs and strengthen governance platforms. Addressing these needs for our customers will enable us to continue to execute a robust financial model strategy in this changing market.”</p>
<h3>Recent Highlights include:</h3>
<p>In November 2008, Trintech announced the availability of AssureNET GL 4.1, the latest release of their application for general ledger reconciliation, review, and certification.  AssureNET GL 4.1 delivers new levels of automation in the core application and integration with Trintech’s Unity Financial Close application through Unity’s performance management dashboards. This integration ensures that all financial governance tasks and controls, including the status of reconciliations within AssureNET GL, are visible to the Unity user via the Close Status consoles of the Financial Close management dashboard.</p>
<p>Following the UK Chancellor’s mandatory 2.5 per cent reduction of VAT in the UK, Trintech announced in November 2008 that its XLNET Enterprise Spreadsheet Management Solution offers a comprehensive solution for businesses wanting to rapidly locate and adjust spreadsheets to be compliant with this VAT rate reduction. By proactively inspecting spreadsheets and detecting potential VAT errors, companies can avoid fines and penalties following tax recovery audits performed by Her Majesty’s Revenue and Customs.</p>
<p>Trintech announced that the Bay Area Users Group of Trintech customers’ met in January 2009 at KPMG’s offices in Mountain View, California as part of Trintech’s on-going efforts to enable customers to share common experiences, discuss the latest market trends and innovations in financial governance, risk, and compliance, and provide insights towards Trintech’s solution roadmap.  KPMG’s participation in the User Group forums enables Trintech customers to take advantage of KPMG’s experience and capabilities in financial governance including knowledge gained from various joint KPMG and Trintech customers and relationships.  Trintech has a large diverse customer base in California comprised of clients in various industries such as high technology, healthcare, energy, financial services and retail.</p>
<h3>Results Overview:</h3>
<p>Revenue for the year ended January 31, 2009 was $39.7 million compared with $32.9 million for the year ended January 31, 2008, an increase of 20%. Revenue for the fourth quarter ended January 31, 2009 was $9.4 million compared with $8.9 million for the corresponding quarter in the prior year, an increase of 5%.</p>
<p>Software license revenue for the year ended January 31, 2009 was $19.6 million compared with $16.6 million for the year ended January 31, 2008, an increase of 18%. The increase was primarily due to revenues generated from the Movaris business acquired in February 2008, strong FMS license sales and strong maintenance renewals for all products. Software license revenue for the quarter ended January 31, 2009 was $4.6 million compared with $4.9 million for the corresponding quarter in the prior year, a decrease of 7%. The decrease was primarily due to weaker FMS license sales in the quarter in North America and EMEA due to economic uncertainty in these markets negatively impacting our normal sale cycles with customers becoming more cautious, procurement processes lengthening and general uncertainty creating significant challenges to close new business. This fall in revenues was partially offset by strong maintenance renewals from existing customers and customers from the Movaris business.</p>
<p>Service revenue for the year ended January 31, 2009 was $20.1 million compared with $16.3 million for the year ended January 31, 2008, an increase of 23%. The increase was primarily due to revenues generated from the Movaris business, an increase in revenues from ASP and hosting services in our FMS and Healthcare businesses and strong FMS service revenues.  Service revenue for the quarter ended January 31, 2009 was $4.9 million compared with $4.0 million for the corresponding quarter in the prior year, an increase of 20%. The increase was primarily due to an increase in revenues from ASP and hosting services in our FMS and Healthcare businesses, strong FMS service revenues and revenues generated from the Movaris business.</p>
<p>Total gross margin for the year ended January 31, 2009 was $26.4 million, an increase of 19% from $22.2 million for the year ended January 31, 2008. The overall gross margin percentage fell by 1% in the 2009 fiscal year to 66% from 67% in the 2008 fiscal year. Total gross margin for the fourth quarter ended January 31, 2009 was $6.1 million, a decrease of 4% from $6.4 million in the corresponding quarter in the prior year. Gross margin percentage decreased to 65% in Q4 of the 2009 fiscal year compared to 71% in the same period of the prior year. The decrease in margin and margin percentage was due to lower license revenues and a higher percentage of lower margin service revenues in Q4 of the 2009 fiscal year.</p>
<p>Total operating expenses for the year ended January 31, 2009 were $29.5 million, an increase of 9% from $27.0 million in the previous year. The increase was due to costs related to the acquired Movaris business. Total operating expenses for the fourth quarter ended January 31, 2009 were $6.8 million, a marginal decrease of 1% from $6.9 million in the corresponding quarter in the prior year. The impact of costs related to the Movaris business in the quarter was offset by reduced costs in other areas of the business due to restructuring changes in prior quarters.</p>
<p>Adjusted EBITDA operating expenses for the year ended January 31, 2009 were $26.1 million, an increase of 10% from $23.8 million in the previous year. Adjusted EBITDA operating expenses for the quarter ended January 31, 2009 were $6.0 million, flat compared to adjusted EBITDA operating expenses of $6.0 million for the corresponding period in the prior year.</p>
<p>Restructuring expenses were $252,000 and $98,000 for the year and quarter ended January 31, 2009 respectively. These charges related primarily to employee termination costs as a result of the company re-aligning its cost base in the current difficult economic environment.</p>
<p>The provision for income taxes was a credit of $356,000 and $243,000 for the year and quarter ended January 31, 2009. The tax credit was primarily due to a deferred tax credit in the US resulting from the finalization of the purchase accounting related to the acquisition of the Movaris business.</p>
<p>Adjusted EBITDA net income was $1.6 million for the year ended January 31, 2009 compared to an adjusted EBITDA net loss of $327,000 for the prior year. Adjusted EBITDA net income was $460,000 for the fourth quarter ended January 31, 2009 compared to an adjusted EBITDA net income of $595,000 for the corresponding quarter in the prior year.</p>
<p>Trintech’s balance sheet remains strong with cash balances of $18.7 million (including restricted cash of $1.3 million) as of January 31, 2009. Net cash generated for the three months ended January 31, 2009 was $523,000, which included cash generated from operations of $655,000, a foreign exchange cash gain of $71,000, cash payments on the purchase of property and equipment of $27,000, capital lease payments of $37,000, acquisition costs of $67,000, increase in restricted deposits of $5,000 and $67,000 relating to purchases of the company’s stock through the company share buy-back scheme.</p>
<p>Trintech will host a conference call to discuss its financial results and business outlook beginning at 15:30hrs (UK Time) today, Wednesday, March 4, 2009. Please see advisory for information on the call.</p>
<blockquote><p>A web simulcast of Trintech’s conference call reviewing our performance for Q4 of fiscal year 2009 and the full fiscal year 2009 and our business outlook for Q1 fiscal year 2010 will be broadcast live today, Wednesday, March 4, 2009 at 15:30 hrs (UK Time), 10:30 hrs (NY Time) and 07:30 hrs (CA Time) and thereafter for 1 year at www.trintech.com/investor.  An instant telephone replay will also be available for 10 days by dialing +44 1452 55 00 00 and entering the following access number (8 2 7 1 4 3 3 7 #).</p></blockquote>
<p><a href="http://www.trintech.com/reconnet/Trintech_Q4_2009_Press_Release.pdf" target="_blank">Please click here to read the press release in its entirety.</a></p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions. The Company enables companies to achieve excellence in financial governance and performance management through a comprehensive platform of account reconciliation, accounting compliance, and financial reporting applications across the financial lifecycle.</p>
<p>Over 600 leading global organizations are realizing the benefits of Trintech solutions every day to gain greater control, visibility, and efficiency across financial processes; improve financial performance through stronger management of revenue and cost cycles; ensure the accuracy and integrity of financial data, thereby reducing the risk of material weaknesses and restatements and to drive immediate efficiencies and cost reductions in financial operations through automation and scalability. Trintech’s customers include retail chains, commercial companies, financial institutions and healthcare providers in the United States, the UK and the Republic of Ireland, continental Europe and Australia. Top customers in recent years include Accenture, Regis Corporation, Sodexho Operations, Target Stores, Providence Health and Cleveland Clinic.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Forward Looking Statements</h3>
<p>This news release contains &#8220;forward looking statements&#8221; within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any &#8220;forward looking statements&#8221; in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. &#8220;Forward looking statements&#8221; in this press release include statements, among others, relating to Trintech’s growth strategy and Trintech management’s belief that addressing customer needs will enable Trintech to continue to execute a robust financial model strategy.  Factors that could cause or contribute to such differences include Trintech&#8217;s ability to accurately predict future sales, its ability to accurately predict and meet customer needs and to successfully position itself in the market, Trintech’s ability to ensure the performance of its products and services, and its ability to improve the performance of its organization and ensure the long term health of its business.  Actual performance may also be affected by other factors more fully discussed in Trintech’s Form 20-F for the fiscal year ended January 31, 2008 filed with the US Securities and Exchange Commission (<a href="http://www.sec.gov/">www.sec.gov</a>) and subsequent filings with the US Securities and Exchange Commission.  Lastly, Trintech assumes no obligation to update these forward-looking statements.</p>
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		<title>Leading Global Hotel Company</title>
		<link>http://www.trintech.com/leading-global-hotel-company</link>
		<comments>http://www.trintech.com/leading-global-hotel-company#comments</comments>
		<pubDate>Fri, 27 Feb 2009 20:09:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Unity Compliance]]></category>

		<category><![CDATA[Hospitality &#038; Travel]]></category>

		<category><![CDATA[Success Story Library]]></category>

		<guid isPermaLink="false">http://www.trintech.com/leading-global-hotel-company</guid>
		<description><![CDATA[
Leading Global Hotel Company Increases Financial Compliance Transparency with Trintech’s Unity Compliance Framework
Profile
The client is a leading hotel company operating full-service hotels and resorts across the globe with multiple brands offering hospitality services primarily targeted to business travelers and upscale vacationers.  While not a public company, management has an on-going commitment to fully adhere [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.trintech.com/reconnet/emails/hotel_icon.jpg" alt="Hotel Logo" title="Hotel Logo" /></p>
<h2>Leading Global Hotel Company Increases Financial Compliance Transparency with Trintech’s Unity Compliance Framework</h2>
<h3>Profile</h3>
<p>The client is a leading hotel company operating full-service hotels and resorts across the globe with multiple brands offering hospitality services primarily targeted to business travelers and upscale vacationers.  While not a public company, management has an on-going commitment to fully adhere to governance requirements including the provisions of Sarbanes-Oxley.</p>
<h3>Challenges</h3>
<p>Given its distributed operations, the company recognized the need to address several key challenges in order to ensure both regulatory and competitive success.  Their existing compliance efforts were largely manual so they desired to convert to an automated solution in order to achieve efficiency and gain flexibility in their operations.</p>
<h3>Objectives</h3>
<p>When considering possible automated solutions, the company identified the following critical goals / functions that the software solution they selected must address:</p>
<ul>
<li>Strong end-user ease of use</li>
<li>Automated operational compliance</li>
<li>Increased compliance transparency</li>
<li>Assurance that central policies were communicated, executed, and verified</li>
<li>Central repository for all compliance documentation</li>
<li>Flexibility to utilize a top-down, risk based approach in accordance with PCAOB Auditing Standard No. 5</li>
</ul>
<h3>Solution and Capabilities</h3>
<p>Trintech supplied the client with a hosted version of the Unity Compliance solution that provided the company with the ability to:</p>
<ul>
<li>Standardize SOX compliance testing globally using Unity’s Action Plan templates</li>
<li>Allow management to review and strengthen specific tests via a single repository</li>
<li>Permit employees to send certifications using familiar tools such as e-mail and standardized forms, eliminating the need for expensive training programs and shortening the time to implementation</li>
<li>Automate the organization’s current manual test environment</li>
<li>Optimize the number of key controls and tests across the enterprise via Unity’s many-to-many relationships of risks, controls and business units</li>
<li>Identify issues real-time and allows workflow based resolution for tracking purposes</li>
<li>Maintain visibility and management control across performance management and compliance activities</li>
</ul>
<h3>Desired Benefits</h3>
<p>The company looks forward to realizing the benefits as a result of investing in Trintech’s Unity Compliance framework including:</p>
<ul>
<li>Robust end-user ease of use</li>
<li>Mitigation of risk and increasing operational efficiency</li>
<li>Elimination of expensive training programs</li>
<li>Shortened time to implementation and an increase in system flexibility for adaptation to changing compliance requirements</li>
<li>Expansion and integration of reconciliation efforts for the overall compliance framework</li>
</ul>
<blockquote><p>We are impressed with Trintech’s expertise and solution.  Their Unity application allows our compliance process to be more accessible and centralized.</p></blockquote>
<h3>Trintech&#8217;s Unique Expertise</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions to over 600 organizations.  Trintech’s configurable and scalable technology enables customers to gain greater visibility and control of their critical financial processes leading to improved overall business performance.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact Trintech or visit <a href="http://www.trintech.com/">www.trintech.com</a>.</p>
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		<title>Trintech Announces New Release of GRC Unity Suite for Managing Integrated Financial Governance, Risk, and Compliance Efforts</title>
		<link>http://www.trintech.com/trintech-announces-new-release-of-grc-unity-suite-for-managing-integrated-financial-governance-risk-and-compliance-efforts</link>
		<comments>http://www.trintech.com/trintech-announces-new-release-of-grc-unity-suite-for-managing-integrated-financial-governance-risk-and-compliance-efforts#comments</comments>
		<pubDate>Mon, 23 Feb 2009 14:00:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.trintech.com/trintech-announces-new-release-of-grc-unity-suite-for-managing-integrated-financial-governance-risk-and-compliance-efforts</guid>
		<description><![CDATA[
Unity 10.2 drives greater collaboration across the financial close review process, streamlines authoring of disclosure footnotes, and enhances financial reporting including SEC mandated XBRL
Dallas, TX / Dublin, Ireland / London, England – 23 February, 2009 -  Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software [...]]]></description>
			<content:encoded><![CDATA[<p><strong><br />
Unity 10.2 drives greater collaboration across the financial close review process, streamlines authoring of disclosure footnotes, and enhances financial reporting including SEC mandated XBRL</strong></p>
<p><strong>Dallas, TX / Dublin, Ireland / London, England – 23 February, 2009 - </strong> Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions, announced today the availability of Unity 10.2, the latest release of their application for integrating financial and compliance data while maximizing staff efficiencies and return on investment.</p>
<p>Trintech’s Unity 10.2 application delivers numerous market, regulatory, and customer driven functional enhancements including level IV XBRL capabilities in accordance with the most recent SEC mandates for financial reporting. Additional enhancements have been made across the Unity suite of compliance, risk and financial close and financial reporting applications with particular emphasis on further streamlining the regulatory disclosure preparation and review processes.  Disclosure owners can visually enhance their report content using standard word processing tools and new workflow capability enables a greater degree of collaboration for review committee members to provide input prior to submitting financial reports to regulatory agencies.  A complete listing of all review comments as well as disclosure versions are maintained in a secure audit trail.  The new Dependency Console provides immediate cross-entity visibility of the close process by highlighting all “upstream” and “downstream” dependencies and any related bottlenecks, enabling transparency and immediate insight into delays that could otherwise result in missed close deadlines.  Unity 10.2 demonstrates Trintech’s ongoing commitment to staying ahead of the curve in providing purpose-built and functionally rich integrated financial governance applications.</p>
<p>“With the dual challenges of increased regulatory requirements and a turbulent economy, providing clients with applications to increase their staff efficiency while continuing to meet ever more rigorous regulatory requirements is our primary focus at Trintech,” commented John Harte, Executive Vice President and General Manager of Trintech.  “This latest release of our GRC Unity Suite addresses these key challenges proactively and provides customers with the tools they need to better comply with regulatory requirements while obtaining bankable return on investment in their implementations.”</p>
<p>Leading companies including eBay, Wyndham, and Questar realize the quantifiable benefits and return on investment of Trintech’s Unity solution to ensure that the required financial governance tasks are performed by the proper people, in the correct sequence, and within the appropriate time frame.  For additional information about Unity and Trintech’s integrated financial governance suite of applications, please visit <a href="http://www.trintech.com/solutions/trintech-unity/">http://www.trintech.com/solutions/trintech-unity/</a>.</p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech’s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.</p>
<p>Over 600 leading global organizations realize the benefits of Trintech’s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, Barclays Bank, BAE Systems, eBay, Ericsson, Farmer’s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Vodafone, Wyndham Worldwide, and YUM! Brands Restaurants.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at <a href="http://www.trintech.com/">www.trintech.com</a> or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Trintech Press Contact:</h3>
<p>Dallas: Purvi Parakh, Marketing Communications Manager, Trintech<br />
Tel. +1 972 739-1611. email: purvi.parakh@trintech.com</p>
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		<title>KPMG and Trintech Collaborate to Enable Bay Area Users Group of Trintech Customers to Optimize their Investments in Technology and Deliver Improved Performance in Turbulent Economic Times</title>
		<link>http://www.trintech.com/kpmg-and-trintech-collaborate-to-enable-bay-area-users-group-of-trintech-customers-to-optimize-their-investments-in-technology-and-deliver-improved-performance-in-turbulent-economic-times</link>
		<comments>http://www.trintech.com/kpmg-and-trintech-collaborate-to-enable-bay-area-users-group-of-trintech-customers-to-optimize-their-investments-in-technology-and-deliver-improved-performance-in-turbulent-economic-times#comments</comments>
		<pubDate>Mon, 26 Jan 2009 12:00:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.trintech.com/kpmg-and-trintech-collaborate-to-enable-bay-area-users-group-of-trintech-customers-to-optimize-their-investments-in-technology-and-deliver-improved-performance-in-turbulent-economic-times</guid>
		<description><![CDATA[Dallas, TX - 26 January 2009 -  Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that the Bay Area Users Group of Trintech customers’ will meet on January 27 in Mountain View, California as part of Trintech’s on-going efforts to enable [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Dallas, TX - 26 January 2009 - </strong> Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that the Bay Area Users Group of Trintech customers’ will meet on January 27 in Mountain View, California as part of Trintech’s on-going efforts to enable customers to share common experiences, discuss the latest market trends and innovations in financial governance, risk, and compliance; and provide insights towards Trintech’s solution roadmap.</p>
<p>Trintech has a large, diverse customer base in Central California comprised of clients in various industries such as high technology, healthcare, energy, financial services, and retail.  This Users Group meeting is another aspect of Trintech’s on-going efforts to ensure customers gain the most value from their Trintech solution implementations.  The Bay Area Users Group meeting will also include staff from KPMG and be hosted at KPMG’s Mountain View offices.  KPMG’s participation in the User Group forums enables Trintech customers to take advantage of KPMG’s experience and capabilities in financial governance including knowledge gained from various joint KPMG and Trintech customers and relationships.</p>
<p>“The Bay Area User Group meeting is an excellent opportunity for Trintech and our customers to meet, collaborate, and learn from one another during challenging economic times,” stated Theresa Clark, Vice President of Finance Transformation at Trintech.  “The combination of Trintech’s proven solutions, deep proficiency and experience in financial operations from KPMG will enable our customers to optimize their investments in technology.”</p>
<p>“KPMG is very excited to be working with Trintech and is pleased to host this Bay Area Users Group meeting,” commented Anne Bothwell, Principal of CFO Advisory Services at KPMG.  “These types of meetings provide excellent opportunities for customers, Trintech, and KPMG to learn from our relevant experiences and knowledge with the goal of always enabling customers and clients to be more successful.”</p>
<p>This Bay Area User Group meeting will focus on challenges presented as a result of the current economic climate and how leading practices in managing financial operations can help companies to best navigate and succeed in the months ahead.  It will also offer Trintech’s customers an opportunity to view and discuss planned product innovations.  Local User Group meetings such as these provide a valuable adjunct to Trintech’s Annual Customer Conferences, held in the United States and Europe, where customers gather over several days to attend numerous technical and finance best practice training sessions and learn from various finance and industry experts.  Trintech’s 2008 U.S. Customer Conference, held in May 2008 in New Orleans, brought together over 200 finance professionals who took advantage of attending over 40 educational sessions.  Trintech’s 2009 U.S. Customer Conference is scheduled for May 18-20, 2009 in Fort Worth, Texas.  For more information on Trintech’s Customer Conferences, please visit  www.trintech.com.</p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech’s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.</p>
<p>Over 600 leading global organizations realize the benefits of Trintech’s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, Barclays Bank, BAE Systems, eBay, Ericsson, Farmer’s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Vodafone, Wyndham Worldwide, and YUM! Brands Restaurants.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at <a href="http://www.trintech.com/">www.trintech.com</a> or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Trintech Press Contact:</h3>
<p>Dallas: Purvi Parakh, Marketing Communications Manager, Trintech<br />
Tel. +1 972 739-1611. email: purvi.parakh@trintech.com</p>
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		<title>IASA</title>
		<link>http://www.trintech.com/iasa-2</link>
		<comments>http://www.trintech.com/iasa-2#comments</comments>
		<pubDate>Wed, 14 Jan 2009 17:41:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/iasa-2</guid>
		<description><![CDATA[[ June 7, 2009 to June 10, 2009. ] 

Event URL:  IASA
Location:  Gaylord Palms Resort &#38; Convention Center, Orlando, FL
Participation:  Exhibitor

The IASA 2009 Annual Educational Conference and Business show provides the most comprehensive educational program and business show targeted for financial and technology professionals in the insurance and financial services industry. During June 7-10, join us as we provide an unparalleled [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>June 7, 2009 to June 10, 2009</strong></big></p><p><img src="/wp-content/themes/trintech/images/conferenceimages/iasa.jpg" alt="IASA" width="125" align="left" height="125" /></p>
<p><strong>Event URL: </strong> <a href="http://www.iasa.org/Members/AM/Template.cfm?Section=2009_Annual_Conference2&amp;Template=/CM/HTMLDisplay.cfm&amp;ContentID=5752">IASA</a><br />
<strong>Location: </strong> Gaylord Palms Resort &amp; Convention Center, Orlando, FL<br />
<strong>Participation: </strong> Exhibitor</p>
<p>The IASA 2009 Annual Educational Conference and Business show provides the most comprehensive educational program and business show targeted for financial and technology professionals in the insurance and financial services industry. During June 7-10, join us as we provide an unparalleled forum for education that will enhance your knowledge, your career potential and the industry.</p>
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		<title>Trintech Customer Conference &#038; Executive Circle</title>
		<link>http://www.trintech.com/trintech-customer-conference-executive-circle</link>
		<comments>http://www.trintech.com/trintech-customer-conference-executive-circle#comments</comments>
		<pubDate>Tue, 13 Jan 2009 19:33:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/trintech-customer-conference-executive-circle</guid>
		<description><![CDATA[[ May 18, 2009 to May 20, 2009. ] 

Event URL:  Trintech Customer Conference &#38; Executive Circle
Location:  Omni Fort Worth Hotel, Fort Worth, TX
Participation:  Host

Trintech’s Customer Conference is about what you do, the experiences of your peers, practical demos, discussions on trends led by respected leaders, invaluable networking opportunities, technology overviews, and deep-dive technical sessions for those who have got to [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>May 18, 2009 to May 20, 2009</strong></big></p><p><img src="/wp-content/themes/trintech/images/conferenceimages/cc09.jpg" alt="customer conference" width="125" align="left" height="125" /></p>
<p><strong>Event URL: </strong> <a href="http://www.trintech.com/conference/">Trintech Customer Conference &amp; Executive Circle</a><br />
<strong>Location: </strong> Omni Fort Worth Hotel, Fort Worth, TX<br />
<strong>Participation: </strong> Host</p>
<p>Trintech’s Customer Conference is about what you do, the experiences of your peers, practical demos, discussions on trends led by respected leaders, invaluable networking opportunities, technology overviews, and deep-dive technical sessions for those who have got to know more.</p>
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		<title>Finance Transformation Leaders Conference</title>
		<link>http://www.trintech.com/finance-transformation-leaders-conference</link>
		<comments>http://www.trintech.com/finance-transformation-leaders-conference#comments</comments>
		<pubDate>Mon, 12 Jan 2009 20:00:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/finance-transformation-leaders-conference</guid>
		<description><![CDATA[[ March 24, 2009; ] 

Event URL:  Finance Transformation Leaders Conference
Location:  Brussels, Belgium
Participation:  Sponsor

Trintech is a proud sponsor of the Finance Transformation Leaders Conference.  Director of Shared Services or functional process leads within Finance are welcome to join us in Brussels to gain insights on how to improve strategic delivery and performance optimisation across their Financial [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>March 24, 2009</strong></big></p><p><img src="http://www.trintech.com/reconnet/emails/ft.jpg" alt="Finance Transformation Leaders Conference" width="200" align="left" height="75" /></p>
<p><strong>Event URL: </strong> <a href="http://www.corporate-leaders.com/index.cfm/page:finance-transformation-leaders-conference-2009">Finance Transformation Leaders Conference</a><br />
<strong>Location: </strong> Brussels, Belgium<br />
<strong>Participation: </strong> Sponsor</p>
<p>Trintech is a proud sponsor of the Finance Transformation Leaders Conference.  Director of Shared Services or functional process leads within Finance are welcome to join us in Brussels to gain insights on how to improve strategic delivery and performance optimisation across their Financial Shared Service Centre. Please visit <a href="http://www.corporate-leaders.com/">www.corporate-leaders.com</a> for additional information.</p>
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		<title>Shared Services Week</title>
		<link>http://www.trintech.com/shared-services-week</link>
		<comments>http://www.trintech.com/shared-services-week#comments</comments>
		<pubDate>Mon, 12 Jan 2009 19:42:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/shared-services-week</guid>
		<description><![CDATA[[ March 22, 2009 to March 26, 2009. ] 

Event URL:  Shared Services Week
Location:  Omni Orlando Resort, Champions Gate, Orlando, FL
Participation:  Exhibitor/Speaker

SSON’s Shared Services Week™ is the community event for all levels of Shared Services professionals around the globe. With over 900+ past attendees from 22+ countries each year, it is the “Can’t Miss” event for everyone involved with shared services.

Receive [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>March 22, 2009 to March 26, 2009</strong></big></p><p><img src="/wp-content/themes/trintech/images/conferenceimages/ssw09.jpg" alt="Shared Services Week" width="125" align="left" height="125" /></p>
<p><strong>Event URL: </strong> <a href="http://www.sharedservicesweek.com/">Shared Services Week</a><br />
<strong>Location: </strong> Omni Orlando Resort, Champions Gate, Orlando, FL<br />
<strong>Participation: </strong> Exhibitor/Speaker</p>
<p>SSON’s Shared Services Week™ is the community event for all levels of Shared Services professionals around the globe. With over 900+ past attendees from 22+ countries each year, it is the “Can’t Miss” event for everyone involved with shared services.</p>
<p>Receive a 30% discount when you register by using code IUS_TRN_#2. Call 1-800-882-8684 or visit us online at <a href="http://www.sharedservicesweek.com/">www.sharedservicesweek.com</a></p>
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		<title>Live Webinar: The Financial Close – Enabling Productivity from your Global Office of the Close Team</title>
		<link>http://www.trintech.com/live-webinar-the-financial-close-%e2%80%93-enabling-productivity-from-your-global-office-of-the-close-team</link>
		<comments>http://www.trintech.com/live-webinar-the-financial-close-%e2%80%93-enabling-productivity-from-your-global-office-of-the-close-team#comments</comments>
		<pubDate>Mon, 12 Jan 2009 07:40:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/live-webinar-the-financial-close-%e2%80%93-enabling-productivity-from-your-global-office-of-the-close-team</guid>
		<description><![CDATA[[ February 19, 2009; ] 

Event URL:  The Financial Close – Enabling Productivity from your Global Office of the Close Team
Location:  Online
Participation:  Host/Speaker
Time:  2:00 PM Eastern

The Financial Close in many organizations remains a fine art rather than a production environment. Even after investing in ERP systems, SOX solutions and CPM solutions, the time and effort required [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>February 19, 2009</strong></big></p><p><a href="http://www.trintech.com/reconnet/emails/webinar-trintech-financial-close.html"><img src="http://www.trintech.com/reconnet/emails/FEI_webinar_jan09.gif" alt="Webinar" width="150" align="left" height="150" /></a></p>
<p><strong>Event URL: </strong> <a href="http://www.trintech.com/reconnet/emails/webinar-trintech-financial-close.html">The Financial Close – Enabling Productivity from your Global Office of the Close Team</a><br />
<strong>Location: </strong> Online<br />
<strong>Participation: </strong> Host/Speaker<br />
<strong>Time: </strong> 2:00 PM Eastern</p>
<p>The Financial Close in many organizations remains a fine art rather than a production environment. Even after investing in ERP systems, SOX solutions and CPM solutions, the time and effort required to close and report remains long and cumbersome. In this webinar Trintech and EDS, an HP Company, will present Industry leading views on how you can improve the close and reporting process for the benefit of all stakeholders.</p>
<p><strong>Presenters:</strong><br />
David Taylor – VP Strategic Planning &amp; Corporate Business Development – Trintech<br />
John Schlueter – Director, Record to Report, EDS an HP Company</p>
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		<title>FSN “Expert” Webinar Series</title>
		<link>http://www.trintech.com/fsn-%e2%80%9cexpert%e2%80%9d-webinar-series</link>
		<comments>http://www.trintech.com/fsn-%e2%80%9cexpert%e2%80%9d-webinar-series#comments</comments>
		<pubDate>Sun, 11 Jan 2009 17:20:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/fsn-%e2%80%9cexpert%e2%80%9d-webinar-series</guid>
		<description><![CDATA[[ March 18, 2009; ] 

Event URL:  Painful year end? Trintech provides insights on how to improve the “Last Mile” of the Fast Close Process.
Location:  Online
Participation:  Speaker

In this FSN “Expert” series webinar, Gary Simon, author of the best selling book, “Fast Close to the MAX”,  speaks to Theresa Clarke, VP of Finance Transformation for Trintech, to [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>March 18, 2009</strong></big></p><p><img src="http://www.trintech.com/reconnet/emails/fsnwebinar.jpg" alt="FSN Webinar" width="125" align="left" height="125" /></p>
<p><strong>Event URL: </strong> <a href="https://www1.gotomeeting.com/register/902574849">Painful year end? Trintech provides insights on how to improve the “Last Mile” of the Fast Close Process.<br />
</a><strong>Location: </strong> Online<br />
<strong>Participation: </strong> Speaker</p>
<p>In this FSN “Expert” series webinar, Gary Simon, author of the best selling book, “Fast Close to the MAX”,  speaks to Theresa Clarke, VP of Finance Transformation for Trintech, to explore how compliance and control capability, reconciliation software, financial reporting and document management systems can be brought together to improve performance around the Last Mile of Finance.</p>
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		<title>British Banking Association; Operational Risk Seminar</title>
		<link>http://www.trintech.com/british-banking-association-operational-risk-seminar</link>
		<comments>http://www.trintech.com/british-banking-association-operational-risk-seminar#comments</comments>
		<pubDate>Fri, 02 Jan 2009 18:00:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/british-banking-association-operational-risk-seminar</guid>
		<description><![CDATA[[ February 11, 2009; ] 

Event URL:  British Banking Association; Operational Risk Seminar
Location:  Pinners Hall, Old Broad Street, London EC2N 1EX
Participation:  Speaker

British Banking Association’s Operational Risk seminar will explore the latest developments in risk modelling, evaluate future direction and requirements for operational risk in the United Kingdom, and provide insights for maximizing the value of a company’s [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>February 11, 2009</strong></big></p><p><img src="http://www.trintech.com/reconnet/emails/bba.jpg" alt="bba" width="125" align="left" height="125" /></p>
<p><strong>Event URL: </strong> <a href="http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=143&amp;a=14997">British Banking Association; Operational Risk Seminar</a><br />
<strong>Location: </strong> Pinners Hall, Old Broad Street, London EC2N 1EX<br />
<strong>Participation: </strong> Speaker</p>
<p>British Banking Association’s Operational Risk seminar will explore the latest developments in risk modelling, evaluate future direction and requirements for operational risk in the United Kingdom, and provide insights for maximizing the value of a company’s ORM.  Grenville Croll will address the topic of systematic spreadsheet risk management during his presentation.</p>
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		<title>Shared Services &#038; Outsourcing Summit 2009</title>
		<link>http://www.trintech.com/shared-services-outsourcing-summit-2009</link>
		<comments>http://www.trintech.com/shared-services-outsourcing-summit-2009#comments</comments>
		<pubDate>Fri, 02 Jan 2009 17:56:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://www.trintech.com/shared-services-outsourcing-summit-2009</guid>
		<description><![CDATA[[ February 9, 2009 to February 11, 2009. ] 

Event URL: Shared Services &#38; Outsourcing Summit 2009
Location: London, UK 
Participation: Sponsor

Trintech are proud to sponsor the Shared Services &#38; Outsourcing Summit 2009. If you’re a Director of Shared Services or functional and process lead within Finance, join us in London to improve strategic delivery and performance optimisation across mature Shared Services. Visit www.ssonsummit.com for [...]]]></description>
			<content:encoded><![CDATA[<p><big><strong>February 9, 2009 to February 11, 2009</strong></big></p><p><a href="http://www.ssonsummit.com/"><img src="http://www.trintech.com/wp-content/themes/trintech/images/conferenceimages/sson.gif" alt="Webinar" width="200" align="left" border="0" height="75" /></a></p>
<p><strong>Event URL: </strong><a href="http://www.ssonsummit.com/" target="_blank">Shared Services &amp; Outsourcing Summit 2009</a><br />
<strong>Location: </strong>London, UK <strong><br />
</strong><strong>Participation: </strong>Sponsor</p>
<p>Trintech are proud to sponsor the Shared Services &amp; Outsourcing Summit 2009. If you’re a Director of Shared Services or functional and process lead within Finance, join us in London to improve strategic delivery and performance optimisation across mature Shared Services. Visit <a href="http://www.ssonsummit.com" target="_blank">www.ssonsummit.com</a> for more information. For preferential rates, quote priority registration code: 11828TRIN</p>
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		<title>Trintech&#8217;s XLNET Enterprise Spreadsheet Management Solution Optimizes Compulsory Task of Locating and Adjusting VAT Spreadsheets</title>
		<link>http://www.trintech.com/trintech%e2%80%99s-xlnet-enterprise-spreadsheet-management-solution-optimizes-compulsory-task-of-locating-and-adjusting-vat-spreadsheets</link>
		<comments>http://www.trintech.com/trintech%e2%80%99s-xlnet-enterprise-spreadsheet-management-solution-optimizes-compulsory-task-of-locating-and-adjusting-vat-spreadsheets#comments</comments>
		<pubDate>Wed, 26 Nov 2008 06:00:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Partners]]></category>

		<category><![CDATA[Events]]></category>

		<category><![CDATA[Products]]></category>

		<category><![CDATA[Press Releases]]></category>

		<guid isPermaLink="false">http://www.trintech.com/trintech%e2%80%99s-xlnet-enterprise-spreadsheet-management-solution-optimizes-compulsory-task-of-locating-and-adjusting-vat-spreadsheets</guid>
		<description><![CDATA[The Chancellor’s recent mandatory 2.5 per cent reduction of VAT rate requires businesses to locate, scrutinize, and adjust thousands of spreadsheets 
London, England – 26 November, 2008 – Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance solutions offers a comprehensive solution for businesses wanting to rapidly [...]]]></description>
			<content:encoded><![CDATA[<p><strong>The Chancellor’s recent mandatory 2.5 per cent reduction of VAT rate requires businesses to locate, scrutinize, and adjust thousands of spreadsheets </strong></p>
<p><strong>London, England – 26 November, 2008 –</strong> Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance solutions offers a comprehensive solution for businesses wanting to rapidly locate and adjust spreadsheets to be compliant with the recent 2.5 per cent VAT rate reduction.  By proactively inspecting spreadsheets and detecting potential VAT errors, companies can avoid fines and penalties following tax recovery audits performed by Her Majesty’s Revenue and Customs.</p>
<p>A majority of large businesses use spreadsheets to calculate their VAT liabilities. Given that the VAT rate has not changed for a considerable number of years, it is likely that the location and state of spreadsheets utilized in corporate VAT calculations may not be properly understood. Furthermore, the process of locating, adjusting, and testing VAT rates deeply embedded in complex spreadsheets is both a labour intensive and time consuming task.</p>
<p>Trintech’s <small>XL</small>NET spreadsheet management solution, in partnership with Prodiance, provides a suite of automated applications to assist in achieving rapid compliance with the recent change in the VAT regime.  The <small>XL</small>NET e-Discovery module can be used to rapidly scan corporate servers to locate spreadsheets that contain or are likely to include embedded VAT rates.  The <small>XL</small>NET Spreadsheet IQ module, a spreadsheet debugging tool, can be utilized to trace complex VAT calculations and highlight discrepancies in complex formulas. The <small>XL</small>NET Spreadsheet Compare tool provides side-by-side comparisons of updated spreadsheets to ensure that they are now VAT compliant.  Additionally, the <small>XL</small>NET Enterprise Spreadsheet Management module offers capabilities to monitor and control VAT and other important corporate spreadsheets to ensure that adjustments are properly authorized, documented, and controlled.</p>
<p>&#8220;The recent mandatory VAT changes provide an excellent opportunity for businesses to properly assess risk, remediate, and control key corporate spreadsheets used in VAT and other calculations,&#8221; said Tony Bethell, Trintech’s Vice President of Sales for Europe, Middle East, and Africa. &#8220;<small>XL</small>NET’s spreadsheet management solution can help to minimize overall costs associated with the mandatory VAT rate adjustments and streamline the effort needed to place spreadsheets under proper control.”</p>
<p>Trintech will be hosting a webinar on 27 November, 2008 to provide insights on how spreadsheet errors can be eliminated through the use of technology.  A demonstration of Trintech’s comprehensive <small>XL</small>NET solution will be presented.  For more information or to register for this event, please click <a href="https://trintech.webex.com/ec0600l/eventcenter/enroll/join.do?siteurl=trintech&amp;confId=197626253" target="_blank">here</a>.</p>
<h3>About Trintech Group</h3>
<p>Trintech Group Plc (NASDAQ: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech’s recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.</p>
<p>Over 600 leading global organizations realize the benefits of Trintech’s configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, Barclays Bank, BAE Systems, eBay, Ericsson, Farmer’s Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Vodafone, Wyndham Worldwide, and YUM! Brands Restaurants.</p>
<p>Trintech’s technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements.</p>
<p>For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.</p>
<p>Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802<br />
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235<br />
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840<br />
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474</p>
<h3>Trintech Press Contact:</h3>
<p>Dallas: Purvi Parakh, Marketing Communications Manager, Trintech<br />
Tel. +1 972 739-1611. email: purvi.parakh@trintech.com</p>
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