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Trintech Announces New Release of XLNET Spreadsheet Management Solution

XLNET Addressing the Needs of Today’s Financial Governance, Risk and Compliance Market with Greater Visibility, Stronger Control


Dallas, Texas/Dublin, Ireland/London, England - October 27, 2008

Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, transaction risk management and compliance solutions today announced the general availability of XLNET v5.3. The release is loaded with innovative features and customer-driven enhancements, including a new executive dashboard providing greater visibility and control over business critical spreadsheets.

XLNET comprises an integrated suite of spreadsheet management software delivering capabilities to inventory, risk assess, remediate, manage, control, review, approve and monitor business critical spreadsheets and Access databases.

XLNET v5.3 delivers greater visibility over all aspects of spreadsheet management, accelerates review and approval of key changes, improves security and data integrity, and delivers a scalable, non-invasive solution that is well suited for enterprise wide rollouts,” said John Harte, Executive Vice President and General Manager of Trintech. “XLNET is an important component of Trintech’s overall Financial Governance suite for companies seeking to automate spreadsheet management and control.”

XLNET addresses the key challenges that determine the success or failure of most spreadsheet control initiatives. XLNET v5.3 improves visibility through executive dashboards and management reporting, adds support for Microsoft Windows Server 2008 and Microsoft SQL Server 2008, and incorporates a new and completely redesigned graphical compare module enabling side-by-side spreadsheet comparisons to immediately see what has changed since the last approval. The enhanced version also offers improved security and data integrity through an optional Excel add-in to enforce cell level security and input data validation along with access to macros, data connections, queries, and worksheets per user or group.

Trintech recently released a white paper titled “Are Spreadsheets Going Away?” The document offers an insightful perceptive of how spreadsheet management can help businesses more effectively rely on spreadsheet data by leveraging technologies for increased operational efficiencies and compliance. For a copy of the white paper, please click here .

About Trintech Group

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. 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.

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.

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.

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.

Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474

Trintech Press Contact:

Dallas: Purvi Parakh, Marketing Communications Manager, Trintech
Tel. +1 972 739-1611. email: purvi.parakh@www.trintech.com

Published Monday, October 27th, 2008 and filed under Products