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Rosetta Technologies Teams Up with WesCorp to Deliver Value-Added Enhancements to a Credit Union’s IRD Printing Capabilities

Tampa, FL - May 27, 2010

Rosetta Technologies, a leading provider of MICR printers and IRD and check printing software solutions, announced that WesCorp Federal Credit Union has chosen Rosetta Technologies’ IRD Express Pack for their member credit unions using WesCorp’s IRD Now! —Electronic Check Image Return Solution.

Rosetta’s IRD Express Pack contains everything a credit union needs for printing return IRDs from files downloaded from WesCorp’s Member Center. In addition to providing users with an affordable and cost-efficient printing solution, the IRD Express Pack includes a MICR IRD printer, MICR toner cartridge, IRD paper, and a premium service plan.

WesCorp’s IRD Now! offers users the ability to access their return items by 6:00 a.m. Pacific Time, the same day they are received from the Federal Reserve Bank, a far departure from current return processes where institutions must often wait a day or more to receive their return items.

“In looking at how WesCorp could enhance its check collection services, we recognized the value in offering an electronic returns solution like IRD Now!, given its ability to create substantial cost- and time-saving benefits for our members,” reported Matt Jamison, Director of Product Management for WesCorp. “Rosetta’s IRD Express Pack was the icing on the cake. It helps to ensure that once members receive their items they will be able to print, quickly and easily, high-quality and standards-compliant IRDs on a consistent basis, while at the same time, saving them money and increasing their efficiencies.”

When combined, WesCorp’s IRD Now! and Rosetta’s IRD Express Pack will allow credit unions to reduce their potential exposure to NSF losses, save on shipping costs and reduce their per item fees. Credit unions will also discover an added benefit—increasing internal efficiencies by reducing manual efforts related to IRD processing.

About WesCorp

Established in 1969, WesCorp is Western Corporate Federal Credit Union—a financial services cooperative headquartered in San Dimas, California. WesCorp serves America’s credit union industry as an aggregator of financial products and services for the purpose of delivering cost-savings and greater efficiencies to more than 950 member/owner credit unions throughout the U.S. For more information, visit www.wescorp.org.

About Rosetta Technologies

Founded in 1987, Rosetta Technologies is dedicated to developing and marketing the world’s most technologically advanced printers, consumables, and software for Magnetic Ink Character Recognition (MICR) applications. As Ricoh’s exclusive MICR engineering partner, Rosetta offers the industry’s widest range of MICR printers and consumables, from compact desktop printers to high-speed cut-sheet production printers, plus post-processing equipment, supplies, and 24x7 support. The company also offers comprehensive software packages for IRD and check printing. Rosetta is a standing member of the Accredited Standards Committee (ASC) X9AB. For more information, visit www.rosettatechnologies.com or follow us at www.twitter.com/rosettatech.