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Creative Payment Solutions Selects Rosetta
for IRD
Printing Solutions for its Reseller Channel.
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Creative Payment
Solutions Selects Rosetta for IRD Printing Solutions for its Reseller Channel FOR RELEASE May 18th, 2006 Wilson, NC, May 18, 2006 – Creative Payment Solutions, Inc (CPS) reported today that they have selected Rosetta Technologies as a partner in providing IRD printing solutions through CPS' resellers.
CPS will be offering Rosetta's IRDPrint / Remote Capture - Express software and Rosetta's MICR printers to CPS' reseller channel to provide a value-priced, turnkey solution for printing IRDs to CPS' banking clients. CPS selected Rosetta as its partner for this program due to the excellent success that Rosetta has shown in providing IRD printing solutions to banks, third party item processors, and resellers since the inception of the ‘Check 21' act. CPS will be offering turnkey solutions through its reseller channel, to those financial institutions that want to print IRDs in-house, resulting from CPS' Remote Deposit product. The combination of software and hardware is priced to provide smaller Financial Institutions with an attractive option for IRD printing. For CPS's Remote Deposit customers, Rosetta's software will receive ANS DSTU X9.37-2004 files from CPS, convert those files into printer-ready files, and send the files to the bank's Rosetta MICR printer that will in turn print IRDs compliant with the ANS X9.100-140-2004 standard. Rosetta offers the widest range of cut-sheet MICR printers in the industry, and the Rosetta MICR 1320 Series printer, at 22 ppm, provides a low cost solution for those Financial Institutions that have small volumes of IRDs to print. “This relationship with CPS will further position Rosetta as the leader in the IRD Solutions market, and exemplifies Rosetta's multi-tiered approach to satisfying the varying needs of a diverse market. Rosetta's positioning with industry leading partners provides complete IRD printing solutions that will satisfy any IRD print need. We are very happy about this announcement and look forward to a successful working relationship with CPS. ”, said Randy Flynn, Check21/IRD Program Manager at Rosetta Technologies. Harold Williams, CPS COO, said: “We are happy to partner with Rosetta. Their comprehensive approach to the IRD printing question will help CPS capture our chosen market with the solutions that we provide. Bobby Batts, CPS Product Manager said: “Rosetta has been excellent to work with on this arrangement. Through our search for a partner for this program, CPS determined that Rosetta is the only vendor that brings all of the necessary skills and components to make this program work for CPS, our resellers, and our bank clients. About Creative Payment Solutions Creative Payment Solutions (CPS) is a wholly owned payments processing subsidiary of BB&T Corporation. Established in 2003, CPS has been focused on developing electronic payments products that allow corporate clients to take advantage of the efficiencies of emerging payments in the ACH network. CPS is committed to providing these utilities in a manner that allows the financial institution to maintain its brand and relationship with their client. For more information, visit www.creativepaymentsolutions.com. About Rosetta Technologies Corporation Rosetta Technologies Corporation has been developing MICR printing solutions since the early 1990s. As a total solution leader for enterprise check printing, the Company delivers a full-service product set for business-critical applications such as check printing and secure documents. The Company's offerings include a complete family of MICR laser printers from 37 to 276 IRDs-per-minute engineered by Rosetta Technologies for ANSI compliant MICR output, software packages for electronic document creation, output management and disbursement, post processing equipment, supplies, and electronic document creation services. On the Web: www.rosettatechnologies.com. About BB&T Corporation Winston-Salem, N.C.-based BB&T Corp. (NYSE: BBT) and its subsidiaries offer full-service commercial and retail banking and additional financial services such as insurance, investments, retail brokerage, corporate finance, international banking, leasing and trust. BB&T operates more than 1,400 financial centers throughout the mid-Atlantic and Southeast states. With more than 109 billion in assets, BB&T is the nation's ninth largest financial holding company. More information is available at www.BBandT.com.
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PRESS RELEASES
Rosetta Technologies Worldwide
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CPS
provides electronic check solutions to financial institutions and their
clients. They are leading the industry with their remote deposit
solution that allows merchants and billers to make deposits from their
business without making trips to the bank. The service currently
supports the conversion of eligible checks into ACH transactions while
converting checks ineligible for ACH into image replacement documents
(IRDs). 
